All categories

3 years ago

Name one alternate option to establish credit if you are unable to get a credit card.

Business

1 answer:

Alinara [238K]3 years ago

6 0

Answer:

Explanation:

Its letstute.

Hopes it help you thanks

You might be interested in

A company purchased a computer system on January 2, 2018 for $1,600,000. The company used the straight-line depreciation method

Anna007 [38]

Answer:

B. Loss on sale is $12,500

Explanation:

The equipment purchase on 1st January 2018. The equipment is sold of 1st July 2020. The duration for accumulated depreciation is 2.5 years. Using straight line method the depreciation will be:

[ 1,600,000 - 130,000 ] / 8 years * 2.5 years = 612,500

The book value for the equipment is 1,600,000 - 612,500 = 987,500

The equipment is sold for 1,000,000

There is gain on disposal of 12,500.

4 0

3 years ago

Sunland Company is considering two capital investment proposals. Estimates regarding each project are provided below. Project So

san4es73 [151]

Answer:

a. 4 years and 4.22 years

b. -$31,350 and $27,615

c. Project Nuts

Explanation:

a. The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

For project soup, it would be

= $600,000 ÷ $150,000

= 4 years

For project nuts, it would be

= $900,000 ÷ $213,000

= 4.22 years

b. The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor - initial investment

For project soup, it would be

= $568,650 - $600,000

= -$31,350

The present value is computed below:

= Annual cash flow × pvifa for 5 years at 10%

= $150,000 × 3.791

= $568,650

For project nuts, it would be

= $927,615 - $900,000

= $27,615

The present value is computed below:

= Annual cash flow × pvifa for 6 years at 10%

= $213,000 × 4.355

= $927,615

Kindly refer pvifa table

c. The project Nuts should be accepted as it has positive net present value.

7 0

3 years ago

Norbert works in a beauty salon. he receives a 50% employee discount for salon services. in 2016, he used his discount to buy $1

Crank

The answer is D. $600. In general, the employee discount didn't result in taxable income to the recipient. The amount that may be excluded in relation to services purchased by employees, however, is limited to 20% of the amount normally charged to non-employee customers. As a result, Norbert would be able to exclude an employee discount up to 20% x $2,000 or $400 with the remaining $600 included in gross income.

4 0

3 years ago

A ____ is a gift to a retailer who purchases a specified quantity of merchandise

Setler79 [48]

Dealer loader is correct

4 0

3 years ago

Sigma Corporation owns 80% of the stock of Epsilon Corporation, which pays it a dividend of $100,000. Sigma Corporation also own

kvv77 [185]

Answer:

d. $132,000

Explanation:

Sigma Corporation holds the stock of Epsilon Corporation and is subsidiary for the Sigma. The dividend declared by of $100,000 is entirely for the sigma whereas Sigma Corporation also holds 20% of the shares of Intergalactic Corporation. The dividend of $40,000 will be calculated in the dividend amount of Sigma but 20% will be deducted.

$100,000 + $40,000 * 80% = $132,000

6 0

3 years ago