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3 years ago

#7. Which is the most likely scenario in which someone would take out a short-term loan with a bank?

1 answer:

6 0

Since it is a short term loan, it wouldn't be a second home or a car, because those are paid for over the course of YEARS.
A skateboard is usually ~100$ and doesn't need a loan.

Your answer is C) To pay for credit card debt

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Maya owes $20,000 on her credit cards, her adjustable mortgage rate has just gone up, and she has been out of work for 3 months.

grigory [225]

Answer: exhaustion

Explanation:

Given the information provided in the question, we are told that Maya collapsed and had to be taken to the emergency room. According to Hans Selye, Maya is in the exhaustion phase of the general adaptation syndrome.

At this stage, Maya's energy resources has been depleted after failing to recover from shock.

7 0

3 years ago

During March, the production department of a process operations system completed and transferred to finished goods 35,000 units

kotegsom [21]

Answer:

Direct Labor Equivalent unit cost : $5,415463

Explanation:

$\left[\begin{array}{ccccc}\\ &$Units to be assigned costs:&&Equivalent Units&\\&&$Whole Units&Materials&Conversion\\&$Beginning&35000&35000&17500\\&$Started and completed&71000&71000&71000\\&$transferred&106000&106000&106000\\&$ending&39000&39000&11700\\&$Total units to be assigned costs&145000&145000&117700\\\end{array}\right]$

<u><em>Transferred units:</em></u>

beginning + started - ending = transferred

35,000 + 71,000 - 39,000 = 71,000

Labor cost: 581,000 + 56,400 = 637,400

equivalent units for conversion: 117,700

(trasnferrred + percentage of completion ending WIP)

<em><u>Equivalent unit cost:</u></em>

637,400 / 117,700 = 5,415463

7 0

3 years ago

Johnson Company has current year accounts payable of $25,000 and cost of goods sold of $100,000. Compute Johnson Company’s days’

natita [175]

Answer:

the days payable outstanding is 91.25 days

Explanation:

The computation of the days payable outstanding is shown below:

Days' payable outstanding is

= (Accounts Payable ÷ Cost of goods sold) × total number of days in a year

= ($25,000 ÷ $100,00) × 365 days

= 91.25 days

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the days payable outstanding is 91.25 days

7 0

3 years ago

Butler corporation is considering the purchase of new equipment costing $30,000. the projected annual after-tax net income from

yKpoI14uk [10]

Net annual cash flows
1,200+10,000=11,200

Net present value is
PV of annual cash flows-project investment
11,200×2.4018−30,000=(3,100)

4 0

3 years ago

Read 2 more answers

What is the depreciation tax shield if EBIT is $600, depreciation is $1,800, and the tax rate is 30 percent

eduard

The depreciation tax shield based on the EBIT, the tax rate and the depreciation is $540.

<h3>How do you find the depreciation tax shield?</h3>

This can be found as:

= Depreciation x Tax rate

Solving gives:

= 1,800 x 30%

= $540

Find out more on the depreciation tax shield at brainly.com/question/24192125.

#SPJ1

5 0

2 years ago