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3 years ago

Explain why it might be more advantageous to borrow money from a credit union than to use other sources of credit.

Business

1 answer:

german3 years ago

5 0

Answer:

Explanation:

Credit unions offer higher savings rates and lower interest rates on loans. This means that their members are better served and might be able to save a significant amount on car loans, student loans, and mortgages.

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Westover Winds just paid a dividend of $2.10 per share. The company will increase its dividend by 8 percent next year and will t

Alla [95]

Answer:

Price today = $26.54

Explanation:

The price of the stock can be calculated using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock.

The formula to calculate the price of the stock is attached.

Price today = 2.1 * (1+0.08) / (1+0.11) + 2.1 * (1+0.08) * (1+0.06) / (1+0.11)^2 +

2.1 * (1+0.08) * (1+0.06) * (1+0.04) / (1+0.11)^3 +

[(2.1 * (1+0.08) * (1+0.06) * (1+0.04) * (1+0.02)) / (0.11 - 0.02)] / (1+0.11)^3

Price today = $26.54

7 0

3 years ago

Rodriguez Company pays $363,285 for real estate with land, land improvements, and a building. Land is appraised at $198,000; lan

Irina18 [472]

Answer:

1.Land $163,478

Land Improvement $54,493

Building $145,314

2.Dr Land $163,478

Dr r Land Improvement $54,493

Dr Building $145,314

Cr Cash $363,285

Explanation:

1. Calculation to Allocate the total cost among the three assets

First step is to Add up all expenditure costs Total Expenditure costs =$198,000+$66,000+$176,000

Total Expenditure costs =$440,000

Second step is to divide each expenditure up by the total amount

Land=($198,000/$440,000= 0.45)

Land improvement=($66,000/$440,000= 0.15)

Building=($176,000/$440,000= 0.40)

Now let Allocate the total cost among the three assets

Land=0.45* $363,285

Land = $163,478

Land improvement=0.15*$363,285

Land Improvement=$54,493

Building=0.40*$363,285

Building=$145,314

Total $363,285

($163,478+$54,493+$145,314)

Therefore the total allocation cost among the three assets is:

Land $163,478

Land Improvement $54,493

Building $145,314

2. Preparation of the journal entry to record the purchase

Dr Land $163,478

Dr r Land Improvement $54,493

Dr Building $145,314

Cr Cash $363,285

(To record purchase)

3 0

3 years ago

ccording to the U.S. Bureau of Labor Statistics, there were chefs/head cooks employed in the United States in and food service m

Rufina [12.5K]

Answer:

Food service managers are facing a larger percent decrease at 3.31%

Explanation:

The percentage decrease in chefs/head cooks is:

= (100,600 - 99,800) / 100,600

= 0.795%

= 0.8%

Percentage decrease for food service managers is:

= (320,600 - 310,000) / 320,600

= 3.31%

7 0

3 years ago

When did the ringling brothers organize their first small circus?

deff fn [24]

In 1884. The ringling brothers organized their first small circus.

3 0

3 years ago

Can someone help me get the answer to number 1 and 2

mihalych1998 [28]

Answer:

1. $1,456.48

2. $43,000

4 0

3 years ago

Read 2 more answers