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3 years ago

How does bankruptcy affect a persons credit rating

Business

1 answer:

Anna11 [10]3 years ago

5 0

It will lower your credit rating by so much based on your credit rating before bankrupycy

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Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any g

iragen [17]

Answer:

The answer is: A) the diffusion of economic power limits its potential abuse.

Explanation:

Ina market system, producers will be willing to offer what consumers are willing to pay. That means that consumers are "kings" if competition exists in a market. Consumers should be able to choose what product suits them best and satisfies their needs. A large number of suppliers guarantees more consumer satisfaction.

Problems start when competition starts to vanish and monopolies appear.

7 0

3 years ago

A company reports the following:

Korolek [52]

Answer:

$7.50

Explanation:

Earnings per share = Earning attributable to holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding

therefore,

Earnings per share = ($160,000 - $10,000) ÷ 20,000

= $7.50

thus,

The company's earnings per share on common stock is: $7.50

3 0

3 years ago

What is the value today of receiving $5,000 at the end of six years, assuming an interest rate of 8% compounded semiannually?

Ulleksa [173]

Answer:

$3,122.96

Explanation:

Future value = 5000

i = 8%

n = 6

m = 2

Present Value = FV(1+i/m)^mn

Present Value = 5,000(1+0.08/2)^-2*6

Present Value = 5,000(1.04)^-12

Present Value = 5,000 / (1.04)^12

Present Value = 5,000 / 1.6010322

Present Value = 3122.985284118583

Present Value = $3,122.96

6 0

3 years ago

Ability to exert muscular force repeatedly

Mnenie [13.5K]

Answer:

<h2>Dynamic strength</h2>

Explanation:

Dynamic Strength — The ability to exert muscle force repeatedly or continuously over time. This involves muscular endurance and resistance to muscle fatigue.

5 0

3 years ago

A used car costs $5000 you drive it for 4 years. You drive 10,000 miles per year. Your car insurance is $1,200 per year. You spe

BlackZzzverrR [31]

Answer:

$0.445 per mile

Explanation:

Calculation for what the average cost per mile

will be over the 4 years

First step is to calculate the Insurance cost

Insurance cost = $1,200 x 4

Insurance cost = $4,800

Second Step is to calculate the Maintenance cost

Maintenance cost = $400 x 4

Maintenance cost = $1,600

Third Step is to calculate the Total mileage

Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles

Fourth step is to calculate the Gas cost

Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon

Gas cost = 1,600 gallons x $4 per gallon

Gas cost=$6,400

Last step is to calculate the average cost using this formula

Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage

Let plug in the formula

Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile

Average cost= $17,800 / 40,000 miles

Average cost = $0.445 per mile

Therefore what the average cost per mile

will be over the 4 years will be $0.445 per mile

8 0

3 years ago