It shows a pattern of responsibility.
If you have only had accounts for 1 month, it doesn't really give a full picture of whether or not you always make your payments on time, etc. However if you have had accounts for 20 years, creditors have more history to look through to determine if you are responsible.
Keep in mind, checking and savings accounts are not the primary type of accounts that creditors want to look at because those only deal with spending money you already have. Lenders really want to know how you handle money that you <em>borrow</em>, such as school loans, credit cards, rent payments, and auto loans.
Willing to pay for the stock today is $72.43.
Given values, Dividend = $1.85
Price = $80
return = 0.13
Formula, Current Price = (Dividend + Price ) / (1 + return )
= (1.85 + 80) / (1+ 0.13)
= $72.43
The number one purpose that buyers personal inventory is to earn a return on their funding. That go back commonly is available in viable methods: The stock's price appreciates, this means that it is going up. you can then promote the stock for a profit if you'd like.
The very best way to shop for stocks is thru a web stockbroker. After beginning and funding your account, you may buy shares via the broker's internet site in a remember of minutes. Other options encompass the use of a full-provider stockbroker, or shopping for inventory directly from the company.
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Lena makes $45 profit.
Extra information:
The amount of profit Lena makes is 3/4th of the profit Joe makes, seeing as when Joe makes $4 profit, Lena makes $3 and $3 is 3/4th of $4. Therefore, when Joe makes a profit of $60, Lena makes a profit of (60 x 3/4) $45.
Answer:
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Factory Payroll 21030
Cash 21030
---------------------- - -------------------------------
Goods in process 16200
Factory Overhead 4830
Factory Payroll 21030
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Explanation: The payment of the total labor factory costs must be recorded, we debit the "Factory payroll" cost account and credit the "cash" account as they were paid in cash.
Then we must allocate these costs to the production process, therefore we debit the "goods in process" account for the amount of <u>direct labor</u> consumed, and "factory overhead" for the amount of <u>indirect labor </u>consumed, and finally credit the account " Factory payroll " for the total.
