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3 years ago

Credit cards can help When paid off on time regularly

Business

2 answers:

maks197457 [2]3 years ago

5 0

Answer:

good to know.

Explanation:

musickatia [10]3 years ago

3 0

Answer:

yes? I dont know if your talking about credit then your credit score will go up. but if your just telling us some info on credit cards. thanks

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The corporate charter of Llama Co. authorized the issuance of 10 million, $1 par common shares. During 2016, its first year of o

kotegsom [21]

Answer:

$116 million

Explanation:

January 1 8,000,000*(15-1) =$112,000,000

December 28 Treasury stock sold 2,000,000*(20-18)=$4,000,000

Paid in Capital At December 31,2016 $116,000,000

3 0

3 years ago

What's the u.s national debt?

otez555 [7]

America's national debt is the amount that is due to the federal government of America. The portion of the public debt is the price of the dominant Treasury securities at a part of time that has been announced by the Treasury and also with other federal government agencies.

3 0

3 years ago

Ed and Marta are paid $3,250 after taxes every month. Monthly expenses include $1,200 wo''""'" on housing and utilities, $550 fo

Digiron [165]

Answer:

Savings Ratio = 6.15%

Explanation:

To calculate the savings ratio, income statement should be prepared at first.

You should find the Income statement in the picture attached

According to the Income statement Ed and Marta has $200 available for savings after taking out all the expenses.

After preparing the Income Statement, now we can calculate the savings ratio by using the formula mentioned below.

Formula: Savings ratio = $\frac{Income available for saving}{Income available for living expenditure\\}$

After applying the formula we get: Savings ratio = $\frac{200}{3250}= 0.0615 = 6.15%$

Interpretation: As the ratio is about how much income you have for the savings in percentage. It is a great tool to determine weather you can save more or are savings enough, which in turn will help you in future decision making.

Ed and Marta's savings ratio is about 6% which is enough for them and means that they are saving much, although it's not even near to favorable percentage which is 10% but considering their will power to save even 6% is good. Further they should compare this to past savings ratio to get the idea of where they are standing at right now. Even better would be comparing this ratio with their desired savings if they have any in their mind.

4 0

3 years ago

Based on the way SBC's brand manager describes its overall pricing strategy across various types of bikes with varying attribute

Darina [25.2K]

Answer:

Customer orientation to pricing

Explanation:

8 0

3 years ago

Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect labo

dlinn [17]

Answer:

Allen Company

Allen Company Statement of Cost of Goods Manufactured For the Year Ended December 31

Direct materials cost $71,000

Direct labor cost 37,000 $108,000

Factory overhead:

Indirect labor cost $2,700

Indirect materials cost $1,600

Utilities $3,100

Maintenance $4,500

Supplies $1,800

Depreciation $7,900

Property taxes $2,600 $24,200

Total manufacturing costs incurred $132,200

Beginning WIP $5,500

Total manufacturing costs $132,200

less Ending WIP $7,500

Cost of goods manufactured $130,200

Explanation:

a) Data and Calculations:

Direct materials cost = $71,000

Direct labor cost = $37,000

Indirect labor cost = $2,700

Indirect materials cost = $1,600

Other factory expenses:

Utilities = $3,100

Maintenance = $4,500

Supplies = $1,800

Depreciation = $7,900

Property taxes = $2,600

Beginning WIP = $5,500

Ending WIP = $7,500

3 0

3 years ago