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2 years ago

A low credit score can lead too?

Business

2 answers:

tatuchka [14]2 years ago

8 0

$\text{Hello There!}$

$\text{A low credit score can lead to a number of things, such as:}$

Low eligibility rates for apartments
High-interest rates
Difficulty applying for credit cards

$\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}$

$\rule{300}{0.5}$

oksian1 [2.3K]2 years ago

3 0

Answer:

Dept

you can loose errythang

no loans

Explanation:

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Pittsboro Corporation produces and sells a single product. Data for that product are: Sales price per unit $590 Variable cost p

Fofino [41]

Answer:

The company will need to sale 3,883 units to maintain its current operating income of 400,000

Explanation:

We will calculate the point at which the company mantains his current income in units at the new scenario:

$\frac{Fixed\:Cost + target \: income}{Contribution \:Margin} = Break\: Even\: Point_{units}$

<u>Where:</u>

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

625 - 190 = 435 each units contributes this amount to afford the fixed cost and make a gain.

Current income: contribution x units sold - fixed cost

(590-190) x 4,000 - 1,200,000 = 400,000

(1,200,000 + 89,000 + 400,000) / 435 = 3,882.75862 = 3,883 units

The company will need to sale 3,883 units to maintain its current operating income of 400,000

5 0

3 years ago

Determine the tax consequences to Euclid from the following independent events. Round the per share answer to the nearest cent.

Levart [38]

Answer:

$100 per share

Explanation:

Complete question: <em>As a result of the stock dividend, Euclid's per share basis is $?</em>

<em />

The Total stock is 500 shares for $50,000 Basis = 50,000 / 500 = $100

Hence, Euclid's per share basis is = $100 per share

8 0

3 years ago

Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta

Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT = Sales - Costs - Depreciation .............1

EBIT = $50,000 - $23,000 - $2,250

EBIT = $24750

and taxes is

taxes = tax rate × EBIT ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0

2 years ago

Exxon has the following capital structure: the firm issued 6 million shares of common stock with the stock price in c), the firm

lesantik [10]

Answer: some data is missing but I was able to find it online and that helped me resolve the problem .

answer : WACC = 15.76%

Explanation:

Given that the common stock price = $9 ( as seen in option C not attached above )

value of common stock = $9 * 6 * 10^6 = $54,000,000

cost of common equity = 10.93%

current preferred stock price = $6

value of preferred stock = $6 * 1,500,000 = $9,000,000

hence the cost of the preferred equity = $4.5 / $6 = 0.75 = 75%

interest rate of debts = 6.5%

value of debit = $25,000,000

Corporate tax rate = 25%

∴ The cost of the debit after tax = 6.5% * ( 1 - 25)% = 4.88%

The Total value = value of common stock + value of preferred stock + value of debit

= 54,000,000 + 9,000,000 + 25,000,00 = $88,000,000

<u>Finally the weighted average cost of capital ( WACC )</u>

[weight of debt * cost of debt after tax ] + [ weight of common equity * cost of common equity ] + [weight of preferred * cost of preferred ]

= [ (25/88) * 4.875 ] + [(54/88) * 10.933] + [ (9/88) * 75 ]

= 15.76%

3 0

2 years ago

Bonds are

Alexxx [7]

Considering the available options, Bonds are a "<u>store of value, but not a medium of exchange."</u>

<h3>What are Bonds?</h3>

Bonds is a term or entity in the financial world to describe a form of fixed-income security that has its terms stipulated in an indenture or legal contract.

<h3>Medium of Exchange</h3>

On the other medium of exchange is an entity used in a transaction to exchange goods or services.

In modern times, the medium of exchange is currency or money.

Hence, in this case, it is concluded that the correct answer is option B. "<u>store of value, but not a medium of exchange."</u>

Learn more about Bonds here: brainly.com/question/25425872

4 0

2 years ago