Knowing how to find workable solutions to problems can help you stay on track to meet your goals
True. They took a
gamble at the stocks and many borrowed money that could not returned as a
result, the market crashed and that led to the Great Depression where many
Americans began to struggle as jobs were cut and business were closed.
Answer:
C.
Explanation:
a) Required around for investment is $500,000
Flotation cost is 2%
Total amount require to issue =
$500,000/ (1-2%)
= $510,204,08
After one year value of investment will be $595,000
Rate of return =
550000/(450000x(1+2%)-1 =19.8%
b) 2.03/(33.35x(1-3.75%) + 9.4 = 15.72%
c) 745000/60% = 1241666.67
That is C. $124,1666,67
Answer:
a. $137,020
Explanation:
The computation of the total variable cost for 5,200 activity level is shown below:
But before that first we have to find out the variable cost per unit which is
= Total variable cost ÷ given activity level
= $131,750 ÷ 5,000 units
= $26.35
Now the variable cost is
= Variable cost per unit × expected activity level
= $26.35 × 5,200 units
= $137,020
We simply applied the above formulas
A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments.
A good credit score means that the person receiving the loan is reliable and will be more likely to pay off the loan in a reasonable amount of time.