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vlabodo [156]
3 years ago
7

You are 22 years old, unmarried, have no children, and a take-home pay of $2,500 per month. You depended on your parents while a

ttending college. You are engaged to be married in 18 months. You have very little credit history, but want to establish a good credit rating so that you may be able to rent/buy a home and qualify for low-cost loans when you buy a new car or appliance. You also want to be able to qualify for credit cards with good reward programs and low fees and interest rate.
Read each statement below and indicate whether it is a good or bad reason for using debt.
Statement Bad reason Good reason
Debt provides the means to purchase big ticket products sooner rather than later.
You have unused credit available on your credit card.
Debt provides financial flexibility and convenience when making payments.
The habit of buying on credit can lead to overspending and overindebtedness.
Debt provides protection against rip-offs and fraud
When is the use of borrowed money for an education justified?
A) When the cost of your education is less than the estimated additional income that the education is expected to provide
B) When the investment is expected to generate additional income that is less than the cost of the education.
C) When the required repayments can be postponed for many years
D) When the cost of the student loan is less than the interest rate on your credit cards.
E) When the education will maintain your current quality of life
Business
1 answer:
Oksi-84 [34.3K]3 years ago
7 0
My guess for this answer is D , Hope this helps
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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

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3 years ago
Which of the following is true about corporate cultures?a. Corporate cultures are not influenced by the people comprising that o
vladimir1956 [14]

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Corporate cultures can hinder individuals in making the "right" decisions.-c.

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3 years ago
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deposits

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Which of the functions of the Federal Reserve is appropriately matched with its correct​ institution?
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Answer: C

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Each week, the Federal Reserve publishes its balance sheet, typically on Thursday afternoon around 4:30 p.m. The balance sheet is included in the Federal Reserve's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," available on this website. The various tables in the statistical release are described below, an explanation of the important elements in each table is given, and a link to each table in the current release is provided. The Federal Reserve System is composed of several layers. It is governed by the presidentially appointed board of governors or Federal Reserve Board (FRB). Twelve regional Federal Reserve Banks, located in cities throughout the nation, regulate and oversee privately owned commercial banks.[15][16][17] Nationally chartered commercial banks are required to hold stock in, and can elect some of the board members of, the Federal Reserve Bank of their region. The Federal Open Market Committee (FOMC) sets monetary policy. It consists of all seven members of the board of governors and the twelve regional Federal Reserve Bank presidents, though only five bank presidents vote at a time (the president of the New York Fed and four others who rotate through one-year voting terms). There are also various advisory councils. Thus, the Federal Reserve System has both public and private components.

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