Answer:
b
Explanation:
our score falls within the range of scores, from 580 to 669, considered Fair. A 600 FICO® Score is below the average credit score. Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.
Answer:
c. a claim against a portion of the total assets of an enterprise.
Explanation:
The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets
Answer:
$4,000
Explanation:
Given that,
Last year:
DVDs sold = 10
Selling price of each DVD = $20
DVD players sold = 5
Selling price of each DVD player = $100
This year:
DVDs sold = 150
Selling price of each DVD = $10
DVD players sold = 10
Selling price of each DVD player = $60
Real GDP:
= (No. of DVDs sold this year × Selling price of each DVD last year) + (No. of DVD players sold this year × Selling price of each DVD player last year)
= (150 × $20) + (10 × $100
)
= 3,000 + 1,000
= $4,000.
Answer:
Choose Project A whose payback is 2.492 years and therefore falls within the 2.5 year required payback period.
Explanation:
Project A
Year Cash-flow Balance
0 (72,000) (72,000)
1 21,400 (50,600)
2 22,900 (27,700)
3 56,300 28,600
![Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear} ](https://tex.z-dn.net/?f=Payback%20%3D%20YearsWithNegativeCumulativeCashflowBalance%20%2B%20%5Cfrac%7B-LastNegativeBalance%7D%7BCashInflowfollowingYear%7D%0A)
![= 2years + \frac{-(-27,700}{56300}=2.492 years](https://tex.z-dn.net/?f=%3D%202years%20%2B%20%5Cfrac%7B-%28-27%2C700%7D%7B56300%7D%3D2.492%20years)
Project B
Year Cash-flow Balance
0 (81,000) (81,000)
1 20,100 (60,900)
2 22,200 (38,700)
3 74,800 36,100
![Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear} ](https://tex.z-dn.net/?f=Payback%20%3D%20YearsWithNegativeCumulativeCashflowBalance%20%2B%20%5Cfrac%7B-LastNegativeBalance%7D%7BCashInflowfollowingYear%7D%0A)
![= 2years + \frac{-(-38,700}{74,800}=2.517 years](https://tex.z-dn.net/?f=%3D%202years%20%2B%20%5Cfrac%7B-%28-38%2C700%7D%7B74%2C800%7D%3D2.517%20years)
Answer:
For the first 2 we calculate the future value:
(A)856
(B)1,122.04
(C) and (D) thre present value will be 800
Explanation:
![Principal * (1+ r)^{time} = Ammount](https://tex.z-dn.net/?f=Principal%20%2A%20%281%2B%20r%29%5E%7Btime%7D%20%3D%20Ammount)
![800* (1+ 0.07)^{1} = Ammount](https://tex.z-dn.net/?f=800%2A%20%281%2B%200.07%29%5E%7B1%7D%20%3D%20Ammount)
856
![800* (1+ 0.07)^{5} = Ammount](https://tex.z-dn.net/?f=800%2A%20%281%2B%200.07%29%5E%7B5%7D%20%3D%20Ammount)
1,122.041358
![\frac{856}{(1 + 0.07)^{1} } = 800](https://tex.z-dn.net/?f=%5Cfrac%7B856%7D%7B%281%20%2B%200.07%29%5E%7B1%7D%20%7D%20%3D%20800)
![\frac{1,122.04}{(1 + 0.07)^{5} } = 800](https://tex.z-dn.net/?f=%5Cfrac%7B1%2C122.04%7D%7B%281%20%2B%200.07%29%5E%7B5%7D%20%7D%20%3D%20800)