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3 years ago

What reasons might people have to go into debt? Give two examples. HRGGGGGHH

Business

2 answers:

PtichkaEL [24]3 years ago

7 0

Answer:

There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.

dedylja [7]3 years ago

6 0

Answer:

1. spending a large amount of money on a credit card 2. having children or moving into a new house

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One of Justin's largest international customers is Alpine Airwaves in Switzerland. He got a call from his contact at Alpine Airw

Evgen [1.6K]

Answer:

Justin's company should prepare to demonstrate that it is ISO 14001 compliant.

This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.

Explanation:

ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website. ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.

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3 years ago

Problem 5-35 Comparing Cash Flow Streams [LO 1] You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They

Minchanka [31]

Answer:

PV of 1st option = $185,015.50

PV of 2nd option = $192,683.78

Explanation:

Computing the present value of the monthly payments, we use the formula $PV = \frac{A(1-(1+r)^{-n}) }{r}$

Where PV = present value of the monthly payments

A = monthly salary

r = monthly interest rate = 6%/12 = 0.5% = 0.005

n = number of months = 24 months

PV of the 1st option, $8,200 monthly for the next 2 year

$PV = \frac{8,200(1-(1.005)^{-24}) }{0.005}$ = $185,015.50.

PV of the 2ns option, $6,900 monthly + $37,000 signing bonus

$PV = \frac{6,900(1-(1.005)^{-24}) }{0.005}+37,000$ = $155,683.78 + $37,000 = $192,683.78.

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3 years ago

A company purchased equipment valued at $120,000. It traded in old equipment for a $95,000 trade-in allowance and the company pa

Zepler [3.9K]

Answer:

$120,000

Explanation:

Data provided in the question

Purchase value of an equipment = $120,000

Trade in allowance = $95,000

Paid cash = $25,000

Cost of an old equipment = $110,000

Accumulated depreciation = $33,000

So by considering the above situation, the recorded value of the equipment is $120,000 as the cash is paid for $25,000 and the trade in allowance is $95,000

So it would be equal to the purchase value i.e $120,000

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3 years ago

Why do we need brainly plus to see answers it really isnt fair

iogann1982 [59]

Answer:

FAX

Explanation:

6 0

3 years ago

Read 2 more answers

A company's liquidity refers to its: ability to collect accounts receivable. ability to sell inventory efficiently. ability to g

algol13

A company's liquidity refers to its <span>ability to pay currently maturing debts.

Liquidity refers to the companies availability of assets that they can turn into cash or cash readily on hand. Maturity refers to a debt that needs to be paid by a certain, fixed date.
</span>

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3 years ago