Which finance option requires the most debt obligation to the person taking it? loan

Imagine that you are given $3,000 to plan a vacation for your family. Research destinations and choose one. Research the destina

torisob [31]

A blueprint for creating a vacation plan is;

Total budget= $3,000
Transportation= $700
Lodging for 6 days= $1,200

<h3>What is a Vacation?</h3>

This refers to the time taken out for relaxation and away from work and stress to a luxury destination.

Hence, we can see that the complete plan is given below:

Feeding= $600
Tour guide= $100
Miscellaneous= $400.

Read more about vacation plans here:
brainly.com/question/860450

4 0

2 years ago

What is your credit score based on

GalinKa [24]

Answer:

FICO Scores are calculated using many different pieces of credit data in your credit report. This data is grouped into five categories: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).

7 0

3 years ago

Read 2 more answers

On July 1, 2015, Friedman Inc. invested $717,963 in a mine estimated to have 806,700 tons of ore of uniform grade. During the la

yaroslaw [1]

Answer:

The computations are shown below:

Explanation:

(a) Depletion cost per unit

Depletion cost per unit

= $717,963 ÷ 806,700 tons

= $0.89 per ton

(b) The Journal entry to record depletion expense is

Depletion Expense A/c Dr $ 92,293 (103,700 tons × $0.89)

To To Accumulated Depletion A/c $ 92,293

(Being the depletion expense is recorded)

(c) The cost applicable is

= 16,700 unsold units × $0.89

= $14,863

5 0

3 years ago

The following is a partial year-end adjusted trial balance. Account Title Debits Credits Sales revenue $ 460,000 Loss on sale of

dalvyx [7]

Answer:

a) Operating Income = $73,000

b) Net income before income tax = $25,500

Explanation:

First part of the question is to determine the operating income or loss of the business

It is calculated as follows

Particulars Amount

Sales Revenue $460,000

Subtract: Cost of goods sold ($240,000)

General and Administrative exp. ($56,000)

Restructuring Costs ($58,000)

Selling Expenses ($33,000)

Operating Income $73,000

Second part is to determine the income or loss before income taxes

Particulars Amount

Operating Income $73,000

Add: Interest Revenue $6,500

Deduct:Loss on sales of investment ($54,000)

Income before Income Tax $25,500

Finally, the Net Income or loss after Income tax

$25,500 x .25 = $6,375

7 0

3 years ago

President obama announced a $100,000,000 humanitarian aid package to haiti to support its earthquake relief. england's parliamen

Julli [10]

Answer: The parliament is likely to allocate £ 1,23,93,800.62

We arrive at the answer as follows:

Amount allocated by President Obama $100,000,000

Amount England wants to contribute 20% of President Obama's allocation

Amount England wants to contribute in USD =

$0.2 * 100,000,000 = USD 2,00,00,000$

Exchange Rate $1. 61371/1 pound sterling

We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?

Let number of pound sterlings be x

So, $\frac{1.61371}{1}= \frac{100000000}{x}$

$x = \frac{100000000}{1.61731}$

$x = 1,23,93,800.62$

3 0

3 years ago