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3 years ago

A way to build good credit is

Business

2 answers:

natima [27]3 years ago

4 0

Answer:

C is the right answer!

TiliK225 [7]3 years ago

4 0

Answer:

Explanation:

because i said so brudda

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4 0

2 years ago

You save $5,000.00 and invest 60% of it in stocks while leaving the rest in a savings account earning a 4.9% APR. The stock incr

LiRa [457]

Amount invested in stocks 5,000 X 0.60 = 3,000

After one year gains 9%
3,000 X ( 1 + 0.09) = 3,270

After second year loses 4%
3,270 X ( 1 - 0.04) = 3,139.2 amount after second year

So Stocks gained 139.2 ( 3139.2 - 3000)

Amount of saving account
5,000 X 0.40 = 2,000

After 2 years
2,200 X ( 1 + 0.049)^(2) = 2,200.802

So gained 200.802 (2200.802 - 2000)

Total amount after 2 years
3,139.2 + 2,200.802 = 5,340.002

Gained 340.002 (5340.002 -5000)

7 0

3 years ago

Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical c

Nitella [24]

Answer:

1) variable cost = $1.56 per day

fixed costs = $1,395 per month

2) another aspect that increases or decreases electrical consumption is the weather. During very hot days, more people use the air conditioner, which increases electricity costs. Very cold weather will result in a similar increase in electric consumption.

Explanation:

Month Occupancy-Days Electrical Costs

January 1,736 $ 4,127

February 1,904 $ 4,207

March 2,356 $ 5,083

April 960 $ 2,857

May 360 $ 1,871

June 744 $ 2,696

July 2,108 $ 4,670

August 2,406 $ 5,148

September 840 $ 2,691

October 124 $ 1,588

November 720 $ 2,454

December 1,364 $ 3,529

variable cost = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($5,148 - $1,588) / (2,406 - 124) = $1.56 per day

fixed costs = $5,148 - ($1.56 x 2,406) = $1,395

4 0

3 years ago

Moraine, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue cu

Lorico [155]

Answer:

7.20%

Explanation:

In this question, we are to calculate the required return.

From the question we identify the following;

Next dividend = $6.55

required return = ?

Share price = $91

Mathematically;

share price = Dividend/Rate of return

Hence;

Rate of return = Dividend/share price = 6.55/91

Rate of return = 0.071978021978022

= 7.20%

8 0

3 years ago

At the beginning of 2018, Rex Co. showed a debit balance in the cash account of $20,500. Total debits to this account during the

Vinil7 [7]

Answer:

$10,000 increase

Explanation:

If we make a ledger account, it will be easier to understand whether it increases or decreases. The following is the ledger of cash account -

Cash Account

Debit Credit

Date/Number Amount ($) Amount ($) Date/Number

Jan. 2018 (Beginning) $20,500

1. Overall 45,000 35,000 1. Overall

Balance, December $30,500 (See note for calculation)

2018

Note:

1. Beginning cash + Debit balances - Credit balances = Ending balance

or, $20,500 + 45,000 - 35,000 = $30,500

2. Therefore, increase in cash = Ending cash balance - Beginning cash balance = $30,500 - 20,500 = $10,000.

5 0

4 years ago