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3 years ago

A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.

Business

1 answer:

frutty [35]3 years ago

6 0

A good rule of thumb is to limit consumer credit payments to 20% percent of your net monthly income.

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Far Side Corporation is expected to pay the following dividends over the next four years: $13, $12, $6, and $3. Afterward, the c

Fudgin [204]

Answer:

e. $89.83

Explanation:

Calculation to determine the current share price

First step is to calculate the Value after year 4 using this formula

Value after year 4=(D4*Growth rate)/(Required rate-Growth rate)

Let plug in the formula

Value after year 4=(4*1.05)/(0.1-0.05)

Value after year 4=$84

Now let calculate the current share price using this formula

Current share price=Future dividend and value*Present value of discounting factor(rate%,time period)

Let plug in the formula

Current share price=16/1.1+12/1.1^2+7/1.1^3+4/1.1^4+84/1.1^4

Current share price=$89.83(Approximately)

Therefore the current share price is $89.83

4 0

3 years ago

Dewey, Cheatum, and Howe is a car company that makes four models, a hybrid sport utility, a sports car, a four-door sedan, and a

Oduvanchick [21]

Answer:

The correct answer is A. Product.

Explanation:

In the departmentalization by products, all the people who participate in the process of production and commercialization of the good or service, or also the people who are located in a defined geographical area, are related in the same work unit. This process means that different areas are grouped in the same department.

4 0

3 years ago

Read 2 more answers

Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,29

Ierofanga [76]

Answer:

1. $2,296

2. $19.58

3. Total labor cost = Fixed cost + (variable cost × employee hour)

Explanation:

The computations are shown below:

1. The fixed cost would be

= High labor cost - (High employee hours × Variable rate per hour)

= $10,324 - (410 hours × $19.58)

= $10,324 - $8,028

= $2,296

2. Variable rate per hour = (High labor cost - low labor cost) ÷ (High employee hours - low employee hours)

= ($10,324 - $6,800) ÷ (410 hours - 230 hours)

= $3,524 ÷ 180 hours

= $19.58

3. The cost formula would be

Total labor cost = Fixed cost + (variable cost × employee hour)

= $2,296 + ($19.58 × employee hour)

5 0

3 years ago

One of the most important features of the franchise contract is the provision related to

DanielleElmas [232]

The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to a. the sale or transfer of the franchise to a government entity.

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4 years ago

Dean's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Deon $4.75 per pound, and type B

sergiy2304 [10]

Answer:

type B 50 pounds

type A 94 pounds

Explanation:

First we construct the equation system:

$\left \{ {{A_q + B_q = 144} \atop {4.75A_q + 5.9B_q = 741.5}} \right. \\$

Now we clear one and replace:

$A_q = 144 - B_q\\4.75A_q + 5.9B_q = 741.5\\4.75(144 - B_q) + 5.9B_q = 741.5$

And we can solve for type B:

$4.75\times 144 - 4.75B_q + 5.9B_q = 741.5\\1.15B_q = 741.5 - 684\\B_q = 57.5 / 1.15 = 50$

And now we can solve for quantity of A as well:

A = 144 - 50 = 94

Finally we can check the answer if it is correct:

50 x 5.9 + 94 X 4.75 =

295 + 446,5‬ = 741,5‬

5 0

3 years ago