All categories

3 years ago

Which is most likely to happen to consumers with good credit? Check all that apply.

Business

1 answer:

nekit [7.7K]3 years ago

4 0

Answer:

They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.

Explanation:

You might be interested in

Kingbird, Inc. has the following information available for accruals for the year ended December 31, 2019. The company adjusts it

Anton [14]

Answer:

a-Dec-31. Dr Utility expense 485

Cr Utility bills payable 485

b-Jan-11. Dr Utility bills payable 485

Cr Cash 485

c-Dec-31. Dr Salary expense 3990

Cr Salary payable 3990

d-Dec-31. Dr bank 51600

Cr Loan payable 51600

e-Dec-31 Dr Interest expense 215

Cr interest payable 215

f-Dec-31 Dr Account receivable 340

Cr Service revenue account 340

g-Dec-31. Dr Cash 6840

Cr Advance Rent 6840

Explanation:

a-Utility expense incurred for the m/o Dec will be paid in Jan.

c- Salaries of 3990 will be paid on Jan of 4 days.

e-Interest expense for the m/o Dec will be (51600*5%=2580/12=215.

f-The service fee is receivable which will be paid on Jan.

g- Advance rent is received from client.

7 0

3 years ago

Lester's is a globally diverse company with multiple divisions and a cost of capital of 15.8 percent. Med, Inc., is a specialty

eimsori [14]

Answer:

both companies should invest because the NPV of both companies are positive

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = - $8.4 million

Cash flow in year 1-7 = $2.2 million

NPV of Lester with I of 15.8% = 0.54 million

NPV of Med Inc with I of 13.7% = 1.12 million

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

0.54

1.12

5 0

3 years ago

You can purchase an item you need for a project for $10,000 and it has daily operating costs of $500, or you can lease the item

aleksandr82 [10.1K]

Answer:

On the 50th day, the purchase cost will be equal to the lease cost

Explanation:

Given that:

Daily operating costs of $500
Purchasing cost for the item: $10,000
Lease amount: $700

Let x is the number of days the purchase cost be the same as the lease cost. As we now that:

The total cost should be equal to the total lease received

<=> 10,000 + 500x = 700x

<=> 200x = 10000

<=> x = 50

Hence, on the 50th day, the purchase cost will be equal to the lease cost

3 0

3 years ago

Why is it important for businesses to understand the role of economics?

MrRa [10]

Answer:

Business economics often handles the analysis of various costs that business firms incur. Every business always desires to minimize their costs and maximize its profits by embracing different economies of scale. Nonetheless, the firms fail to determine exact costs that are involved in the production process.

6 0

3 years ago

Most media companies have avoided monopoly charges by

Setler [38]

Purchasing diverse types of mass media

4 0

3 years ago