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3 years ago

12

Which of the following statements about credit scores is TRUE? A Credit scores reflect how likely individuals are to repay their

debts. B Credit scores range from the low 300’s to the mid 800’s. C Each person has three credit scores. D All of the above.

1 answer:

alex41 [277]3 years ago

6 0

I believe it would be D. all of the above

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Which of the following is an example of traditional management?

arsen [322]

Not sure what the choices are, but traditional management is where goals and objectives are created at the top and employees are in charge of meeting them and for the quality of the product. This is opposed to a quality - focused management style which is more collaborative with customers to achieve continuous improvement of your product and/or service.

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3 years ago

you produce video games. it costs you $35 to make each game. You want to charge at least _______ to cover your costs.

taurus [48]

$40 you want to charge enough to pay for them and make a profit.

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3 years ago

Johnson Company has current year accounts payable of $25,000 and cost of goods sold of $100,000. Compute Johnson Company’s days’

natita [175]

Answer:

the days payable outstanding is 91.25 days

Explanation:

The computation of the days payable outstanding is shown below:

Days' payable outstanding is

= (Accounts Payable ÷ Cost of goods sold) × total number of days in a year

= ($25,000 ÷ $100,00) × 365 days

= 91.25 days

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the days payable outstanding is 91.25 days

7 0

3 years ago

John Grey owns Grey's Snow Plowing. In October, he collects $12,000 cash for 6 commercial accounts for which he will provide sno

mote1985 [20]

Answer:

The correct answer is Debit Unearned Plowing Revenue

Explanation:

Earlier the journal entry would be recorded as:

Cash A/c.................................................Dr $4,000

Unearned Plowing Revenue A/c..............Cr $4,000

But the correct entry that should be recorded is:

Cash A/c.................................................Dr $4,000

Plowing Revenue Earned A/c..............Cr $4,000

So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.

4 0

3 years ago

Serial Problem Business Solutions LO P4 Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:

stich3 [128]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The selling prices are $1,310 per desk unit and $560 per chair. The variable costs are $810 per desk unit and $310 per chair. Fixed costs are $180,000.

The company sells 3 deks per 2 chairs.

Sales proportion:

Desks= 3/5= 0.6

Chairs= 2/5= 0.4

1) Selling price per composite unit= sales proportion*selling price

Selling price per composite unit= 0.6*1,310 + 0.4*560

Selling price per composite unit= $1,010

2) Variable cost per composite unit= sales proportion*unitary variable cost

Variable cost per composite unit= 0.6*810 + 0.4*310

Variable cost per composite unit= 610

3) Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 180,000/ (1,010 - 610)

Break-even point (units)= 450 units

4) Number of units for each product:

Desks= 0.6*450= 270

Chairs= 0.4*450= 180

5 0

3 years ago