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3 years ago

Please Help!!

Business

1 answer:

Sever21 [200]3 years ago

4 0

Answer:

1. True

2. True

3. False

Explanation:

1. True (If a tax is unpaid then it remains on the credit report up to 10 years)

2. True ( The statement correctly stats that Credit utilization is the ratio of an individual's credit balance to their credit card limit )

3. False because Chapter 7 bankruptcy is focused more on restructuring of debt altogether.

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Which one of the following could not be called income?

SashulF [63]

Answer: where is the question

Explanation:

3 0

3 years ago

Which of the following is a potential safety hazard?

maxonik [38]

Umm... I can't find the choices... So, those are the choices I made up that are correct to your question.

Spills covering grounds or falling hazards, such as blocked paths or cords going over the ground.
Working from heights, including ladders, scaffolds, roofs, or an elevated workspace.
Unguarded device and moving machine pieces; guards dismissed or moving pieces that a worker can unintentionally touch.

6 0

3 years ago

Read 2 more answers

Jim and Lisa are buying their first home together. The purchase price is $157,500.00 and they are putting a 20 percent down paym

Fantom [35]

Answer: D. $90,518.40

Explanation:

They are putting a 20% down payment on the home which means they are paying 80%;

= 80% * 157,500

= $126,000

First find the monthly payments;

Present value = Payment * ((1 - (1 + r)^-n) / r)

n= 20 * 12 = 240 months

r = 6/12 = 0.5%

126,000 = Payment * (( 1 - ( 1 + 0.5%)⁻²⁴⁰) / 0.5%)

126,000 = Payment * 139.58077168292915831291691663652‬

Payment = 126,000/139.58077168292915831291691663652‬

Payment = $902.70313

They'll pay that for 240 months;

= 902.70313 * 240

= $216,648.7512

Interest = 216,648.7512 - 126,000

= $90,648.7512‬

= $90,648.75

Closest answer is D.

3 0

3 years ago

Brent received a report from the production and purchasing departments with the following values for August: Actual materials qu

OLga [1]

Answer:

Material quantity variance

= (Standard quantity - Actual quantity) x Standard price

After the adjustment for missing order

Material quantity variance

= (1.25 x 5,000 - 6,200) x $1.50

= $ 75( F)

The correct answer is A

Explanation:

Material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price. Standard quantity is standard quantity per unit multiplied by units made. Since the units made are now 5,000 units. Standard quantity will be 1.25 multiplied by 5,000 units.

8 0

4 years ago

Texas Oil Company (TOC) paid $3,000,000 for an oil reserve estimated to hold 50,000 barrels of oil. Oil production is expected t

IrinaK [193]

Answer: Please see answer below

Explanation:

Oil Reserve $3,000,000 for year 1, 2, 3

Accumulated Depletion

Year 1 = $3,000,000/50,000 X 10,000= $600,000

Year 2 = 3,000,000/50,000 X 30,000+600,000=$2,400,000

Year 3 =3,000,000/50,000 X 10,000+ 2,400,000= $3,000,000

Oil Reserve

Year 1 =$3000000- $600,000=$2,400,000

Year 2, $3,000,000- $2,400,000=$600,000

Year 3= $3,000,000 -$3, 000,000=$0

Net Oil Inventory

Year 1= $600,000

Year 2 $2,400,000

Year 3= $3,000,000

Year 1 Year 2 Year 3

Oil Reserve $3,000,000 $3,000,000 $3,000,000

Accumulated Depletion $600,000 $2,400,000 $3,000,000

Oil Reserve, $2,400,000 $600,000 $0

Net Oil Inventory $600,000 $2,400,000 $3,000,000

4 0

4 years ago