Corporations.
Corporations have an independent legal identity, and even though they aren't people they can be sued in court just like an individual person would.
When you have a low credit score there are many things that can effect your loan agreements. Typically you will have a difficult time qualifying for loans. Due to your low credit score, it shows that you have issues paying for the items you have which makes it hard for other lenders to want to give you loans because they could lose out. You also normally pay higher than average interest rates. When you have bad credit and do not pay items back properly lenders who do approve you for a loan will often provide you with a high interest rate because they are afraid they may lose big time if you stop paying. You are a risk for lenders to go ahead with the loan so they try to cover themselves in the event it happens.
Answer: D. I and III
Pension plans are a type of retirement plan in which the employee and employer make contributions. These contributions are invested and to be received upon retirement. In most all cases pension plans are tax exempt. The two types of pension plans are defined benefit plans and defined contribution plans. A defined benefit plan guarantees an amount upon retirement no matter how the investment performed. A defined contribution plan is not a guaranteed amount and heavily depends on the investment performance.
Answer:
Standard markup pricing.
Explanation:
Standard markup pricing uses a fixed (standard) percentage rate of markup for different items. A common rate that is also used in this case is 50% markup.
<u>Example: </u>
If the bolt of fabric costs Creative Quilts $10, they will add 50% of that to the cost when they sell it. 50% * $10 = $5.
Markup + item cost = selling price
$5 + $10 = $15
Answer:
$1,250
Explanation:
The computation is shown below:
Customer life time value = Gross contribution margin × (yearly retention rate ÷ 1 + yearly discount rate - yearly retention rate)
= $500 × (0.8 ÷ 1 + 0.12 - 0.80)
= $400 ÷ 0.32
= $1,250
The gross contribution margin would be
= $1,000 - $500
= $500
hence, the estimate for the lifetime value os $1,250
