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3 years ago

Which federal legislation requires lenders to provide consumers with loan cost information?

1 answer:

3 0

Answer:

Consumer Credit Legislation.

Explanation:

Consumer credit legislation demands that lenders provide potential borrowers with one or more measures of the cost of a loan.

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Domino Company uses the aging of accounts receivable method to estimate uncollectible accounts expense. Domino began Year 2 with

nignag [31]

Answer:

$5,156

Explanation:

The computation of the uncollectible account expense is shown below:

But for this, first we have to compute the ending balance of allowance that is shown below

Current $82,000 × 1% = $820

0-30 $29,500 × 5% = $1,475

31-60 $7,960 × 10% = $796

61-90 $4,220 × 25% = $1,055

Over 90 $3,900 × 50% = $1,950

Total $6,096

Now the uncollectible account expense is

= $6,096 + $2,770 - $3,710

= $5,156

This is the answer but the same is not provided in the given options

6 0

3 years ago

Jane recently accepted a position as an Associate Professor of Management at Central State University. She has found that nearly

Lapatulllka [165]

Answer:

Education Administrators

Explanation:

Education Administrators: It is a position created by education institution for smooth functioning of institution. Education Administrator manage day to day activity, resources, etc of education institution.. This is an important role to check the functioning of institution as they support teaching staff in learning program strategy and improvement of facility for future development and growth of institution. They are the one, who also influence and motivate other employee to work toward goal of institution.

In the given case, Jane recently accepted a position as an Associate Professor of Management at Central State University, where she need approval from school adminstrator for all every administrative decision she makes. Therefore, the university has Education Administrators.

8 0

3 years ago

Which of the following functions of money would owning a house in a stable market be classified under?

adell [148]

Answer:

medium of exchange hope this helps

6 0

3 years ago

Quality Vacuum has been manufacturing excellent vacuum cleaners for over 50 years. In the employee break room is a banner that r

balu736 [363]

Answer: <em>Mission statement </em>

Explanation:

Mission statements are referred to as a short statement that tends to elaborate on the topic of why a company exists, and what its aim and overall objective is, also with an inclination towards finding goal of their operations, i.e. what type of commodity or service it tends to provide, its primary market or customer, and also their geographical area of the operation.

4 0

3 years ago

Great Subs Inc., a regional sandwich chain, is considering purchasing a smaller chain, Eastern Pizza, which is currently finance

tatuchka [14]

Answer:

WACC 13.85600%

Explanation:

First we calculate Eastern Pizza CAPM:

$Ke= r_f + \beta (r_m-r_f)$

risk free = 0.08

market rate = 0.12

premium market = (market rate - risk free) 0.04

beta(non diversifiable risk) = 2

$Ke= 0.08 + 2 (0.04)$

Ke 0.16000

Then we solve for WACC

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

Ke 0.16000

Equity weight 0.8

Kd 0.08

Debt Weight 0.2

t 0.34

$WACC = 0.16(0.8) + 0.08(1-0.34)(0.2)$

WACC 13.85600%

The company will use the data on eastern Pizza to evualuate project presented to it. Also, it will consider the new tax rate to determinate the tax shield.

3 0

3 years ago