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Leviafan [203]
3 years ago
15

!!!!!PLEASE HELP I NEED TO PASS !!!!

Business
2 answers:
egoroff_w [7]3 years ago
5 0

Answer:

You put money in saving accounts and don't usually use it for daily expenses. checking accounts are for daily expenses loans are for investments and credit catds are the banks money so it has to be a savings account

Gnom [1K]3 years ago
3 0
Umm I’m not quite sure but it gonna have to be Loan accounts
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Which of the following is the BEST reason to use cash for making purchases?
tia_tia [17]
Cash makes it easier to budget and stick to it. Its easier to track exactly how much money you are spending.
4 0
3 years ago
ILK has preferred stock selling for 95 percent of par that pays a 9 percent annual coupon. What would be ILK’s component cost of
Debora [2.8K]

Answer:

9.47%

Explanation:

The computation of the cost of preferred stock is shown below:

Cost of preferred stock = Annual coupon ÷ Price of preferred stock per share

where,

Preferred stock sale price = 100 ×  95% = $95

And, the annual coupon = 9% × 100 = $9

= $9 ÷ $95

= 9.47%

We assume the par value be 100

Simply we divide the annual coupon by the price of preferred stock per share so that the correct cost of preferred stock can be computed

8 0
3 years ago
What happens when there are only a few large customers in the market?
kkurt [141]
The price become stable
5 0
4 years ago
Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $2,94
DaniilM [7]

Answer:

Predetermined manufacturing overhead rate= $391.78 per direct labor hour

Explanation:

Giving the following information:

Budgeted factory overhead= $2,948,125.

Direct labor hours:

Flutes= 2,000*2= 4,000

Clarinets= 1,500*3= 4,500

Oboes= 1,750*1.5= 2,625

Total direct labor hours= 7,525

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,948,125/7,525

Predetermined manufacturing overhead rate= $391.78 per direct labor hour

3 0
4 years ago
Ugh Inc.'s net income for the most recent year was $15,585. The tax rate was 40 percent. The firm paid $3,846 in total interest
Umnica [9.8K]

Answer:

4.71

Explanation:

Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.

<u>Workings</u>

Cash coverage ratio = cash + cash equivalent / interest expenses.

To arrive at the cash equivalent , depreciation is added back to the net income

Cash equivalent = 15,585+ 2,525 = 18,110

Interest expenses = 3,846

Cash coverage ratio = 18,110 / 3,846 = 4.71

This seems high and it is advisable that cash should be used for some short term investments to earn other profit

7 0
4 years ago
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