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CaHeK987 [17]
3 years ago
9

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
<span>A good rule of thumb is to limit consumer credit payments to 20% percent of your net monthly income.</span>
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Lawson Manufacturing Company has the following account balances at year end:
soldi70 [24.7K]

Answer:

C) $195,000.

Explanation:

Calculation for the amount that Lawson should report as inventories in its balance sheet

Raw materials 27,000

Add Work-in-process 59,000

Add Finished goods 109,000

Inventories $195,000

Therefore the amount that Lawson should report as inventories in its balance sheet will be 195,000

7 0
3 years ago
A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 year
LUCKY_DIMON [66]

Answer:

$2500

Explanation:

5 0
3 years ago
Dole originally aimed the fruit bowls toward moms with small children but quickly adapted once it realized on-the-go professiona
Hitman42 [59]
Which is to <span>Identify the target audience.
Target audience refers to the group of people that certain advertisers or publications intended to reach.
By knowing the target audience, they could create marketing campaigns that would be appealing for that specific group alone maximize their result.</span>
7 0
3 years ago
Read 2 more answers
Palencia Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its befor
Arturiano [62]

Answer:

Cost of common equity is 15.7%  and WACC is 7.2%

Explanation:

D1 is  

D1= 2.25 (1+0.05)

The cost of common equity is  

Rs = 2.36/ 22.00 + 5% =0.157= 15.7%

The cost of common equity is weighted average cost of capital (WACC)  

WACC = (0.35) * (0.08) (1- 0.40) + 0 preferred stock+ (0.35) * (0.157)

WACC = 0.03 *0.6 + 0 + 0.054

WACC = 0.018 + 0.054

WACC = 7.2%

4 0
3 years ago
An employee insured under a group health plan has been paying $25 monthly premium for his group health coverage. The employer ha
horrorfan [7]

Answer:

$102

Explanation:

Calculation to determine would be his maximum monthly premium for COBRA coverage

Based on the information given The employer will have to obtain a PREMIUM from the employee that was TERMINATED at a rate that is NOT HIGHER THAN 102% of the individual's GROUP PREMIUM RATE.

Hence;

Maximum monthly premium for COBRA coverage= 102% * $100

Maximum monthly premium for COBRA coverage=$102

Therefore would be his maximum monthly premium for COBRA coverage is $102

4 0
3 years ago
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