Sue bought a copy of her credit report and found incorrect information in it. she can request that the credit bureau correct her credit report
A credit report is a statement that provides information about your credit activity and current credit situation, such as: B. Loan payment history and credit account status. Sep 1, 2020
Loan repayments, available credit, monthly debt amounts, and other types of information help prospective lenders determine whether credit risk is high or low.
credit report is a record of a borrower's responsible debt repayment. A credit report is a record of a borrower's credit history from various sources such as banks, credit card companies, collection agencies, and governments.
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Answer:
2
Explanation:
The company's cash flow from operating activities can be calculated as follows:
$
Net Income 10
Add:depreciation expense 2
Less:changes in accounts receivable (5)
(20-25)
Less:changes in accounts payable (10)
(5-15)
Add:changes in inventory 5
(12-7)
Cash flow from operating activities 2
Answer:
a) The warrant are Dilutive
b) Basic EPS $2.62
c) Diluteed EPS = $2.31
Explanation:
a) The warrants are dilute because the cost of exercising the rights is lover than the market price
b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62
c) Diluted Eps = Earnings/(Shares outstanding+potential shares)
= $262,000/(100,000+13,500) = $2.31
Answer:
Explanation:
Match the following terms with their definitions.
A. Confusion and Inconvenience :inflation decreases the reliability of the unit of account making it more complicated to differentiate successful and unsuccessful firms thereby impeding the efficient allocation of funds to alternative investments.
B. Shoeleather costs : the resources wasted when inflation induces people to reduce their money holdings.
C. Relative Price Variability : because prices change infrequently, higher inflation causes relative prices to vary more. Decisions based on relative prices are then distorted so that resources may not be allocated efficiently.
D. Unexpected Inflation :inflation decreases the real value of debt thereby transferring wealth from creditors to debtors.
E. Menu costs the cost of more frequent price changes at higher inflation rates.
F. Inflation Induced Tax Distortions
:the income tax is not completely indexed for inflation; an increase in nominal income created by inflation results in higher real tax rates that discourage savings.
Answer:
I am willing to pay $1,202,235.89 for this annuity.
Explanation:
Calculate Present value of future cash flow to calculate the price for the annuity should be paid now.
Monthly receipt = PMT = $200,000
Number of years = n = 25 years
Rate of return = r = 16.25% = 0.1625
PV = PMT x [ 1- ( 1 + r )^-n )] / r
PV = $200,000 x [ 1 - ( 1 + 0.1625 )^-25 ) ] / 0.1625
PV = $200,000 x [ 1 - ( 1.1625 )^-25 )] / 0.1625
PV = $1,202,235.89
