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2 years ago

To maintain a good credit score you must...

Business

2 answers:

Andrews [41]2 years ago

5 0

Option 2 is your answer

Anika [276]2 years ago

4 0

Answer:

check your credit score every week

Explanation:

this will help you keep track efficently

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A profit-maximizing monopolist has the cost schedule c(y) = 20y. The demand for her product is given by y = 600/p^4, where p is

marin [14]

Answer:

Decrease her price by $20

Explanation:

Please see attachment for working notes and explanation

8 0

3 years ago

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8

Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense Dr.$8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Aug 14. Bank Dr.$3,000

Bad Debt Expense Dr. $9,500

Accounts Receivable-Rosalie Oakes Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel Dr.$8,440

Bad Debts Expense Cr. $ 8,440

Cash Dr. $8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Dec 31. Bad debt Expense Dr. 24,955

Account Receivable-Wade Dolan Cr.$4,600

A/R-Greg Gagne Cr.$3,600

A/R-Amber Kisko Cr.$7,150

A/R- Shannon Poole Cr.$2,975

A/R-Niki Spence Cr.$6,630

6 0

3 years ago

Using the capital asset pricing model (CAPM), Sun State determined that the required rate of return for a capital budgeting proj

ANTONII [103]

Answer:

2.2

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

18% = 7% + Beta × 5%

18% - 7% = Beta × 5%

11% = Beta × 5%

So, the beta would be

= 2.2

The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same has applied.

5 0

3 years ago

4. Tom Busby owes $20,000 now. A lender will carry the debt for four more years at 8 percent interest. That is, in this particul

bezimeni [28]

Answer:

Tom Busby

His annual payment will be:

= $4,091.64

Explanation:

a) Data:

Loan = $20,000

Interest on loan for 4 years = 8% per annum

Amount of loan after 4 years = $27,200 ($20,000 * 1.360)

Payment period = 12 years

Interest rate during payment period = 11%

b) From online finance calculator:

You will need to pay $4,091 every year for 12 years to payoff the debt at 11% interest.

Monthly Payment $340.97

Annual Payment $4,091.64

Time Required to Clear Debt 12.00 years

Total of 144 or 12 Payments = $49,099.25

Total Interest $21,899.25

8 0

3 years ago

Which economic system best defines: Lowest amount of economic freedom?

Dafna11 [192]

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price. All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

6 0

3 years ago