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3 years ago

Which would decrease your credit score? Check all that apply.

2 answers:

8 0

Your credit score would decrease if you have an increased amount in debt, a missed payment, and a late payment. So it's "F. It's B C D".

lbvjy [14]3 years ago

6 0

The answer is B,C,D.

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Sneed Corporation issues 12,700 shares of $49 par preferred stock for cash at $63 per share. The entry to record the transaction

hichkok12 [17]

Answer:

Dr Cash 800,100

Cr Preferred stock 622,300

Cr Additional paid in capital, preferred stock 177,800

Explanation:

Preferred stocks and common stocks are part of stockholders' equity. Whenever they are sold above par value, the difference must be recorded as additional paid in capital. You must also specify which stocks were sold at a higher value.

4 0

3 years ago

Alamo Inc. had $300 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $30 mill

scoray [572]

Answer:

$ 210 million

Explanation:

Data provided :

Taxable income for the current year = $ 300 million

Tax rate of the income = 40%

therefore, the income tax for the current year = 0.40 × $ 300 million

the income tax for the current year = $ 120 million

Decrease in the deferred tax assets = $ 30 million

Increase in the deferred tax liabilities = $ 60 million

Hence,

the total income tax expense for the year

= $ 120 million + $ 30 million + $ 60 million

= $ 210 million

7 0

3 years ago

A bank must maintain an average daily balance at the Fed of $600. In the first 2 days of the maintenance period, they maintain a

Norma-Jean [14]

Answer:

Balance with Fed on last day to be $ 800

Explanation:

Computation of balance on last day of maintenance period

Balance maintained $ 450 for 2 days $ 900

$ 700 for 3 days $ 2,100

$ 650 for 2 days $ 1,300

$ 450 for 3 days $ 1,350

$ 650 for 3 days <u>$ 1.950</u>

Average of balances maintained

13 days $ 7,600

Average balance maintenance required for 13 + last day)

$ 600 * (13 + 1) 14 days $ 8,400

so the balance with the Fed on the last day has to be

$ 8,400 - $ 7,600 $ 800

4 0

3 years ago

PLZ help

Aleksandr [31]

Answer:

Resources are limited.

Production requires resources.

Everyone wants or needs goods.

Explanation:

Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.

This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.

On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.

7 0

3 years ago

g Ron and Dena own the only two profit maximizing sandwich shops in town. Both Ron and Dena are trying to decide whether or not

algol13

Remainder part of Question:

Dena

Advertising Don't Advertise

Ron Advertising ($X, $400) ($300, $425)

Don't Advertise ($400, $100) ($350, $Y)

Answer:

Part A. Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Part B. "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

Explanation:

If Dena is desiring to opt to "Advertising", then Ron will only have more pay off in choosing "Don't advertise" if the X is below $400.

On the other hand, if Dena is desiring to opt "Don't Advertise", then Ron will only have more pay off in choosing "Don't advertise" if again X is below $400.

This means that the "Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Similarly, if Ron desires to opt "Advertising", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

On the other hand, if Ron is desiring to opt "Don't Advertise", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

This means that the "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

8 0

3 years ago