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Aliun [14]
2 years ago
15

Scenario 4:

Business
1 answer:
Thepotemich [5.8K]2 years ago
8 0

Answer:

Explanation:

Scenario 1:

You want to purchase a new vehicle and you have your heart set on a brand new SUV. You take out a loan to pay for the car, but after six months you begin to fall behind on payments and incur late fees.

1. Does your credit score go up or down?

   Your Credit Card score will go down.

2. Why does it go up or down?

   It went down because you were late on your payments.

3. If your score goes down, how can you fix it?

   Pay your payments on time.

Scenario 2:

You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit card to purchase the phone and you set up automatic billing to pay the monthly expenses. At the end of each month, you pay the credit card bill in full.

1. Does your credit score go up or down?

   It goes up.

2. Why does it go up or down?

   You pay your bills on time.

3. If your score goes down, how can you fix it?

   It doesn't go down.

Scenario 3:

Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part time job. Although you don’t have to pay your loan back until you graduate, you’ve saved enough by the end of the semester and you will pay off the loan in full.

1. Does your credit score go up or down?

   Your score will go up.

2. Why does it go up or down?

   You will pay the loan back in full.

3. If your score goes down, how can you fix it?

   It doesn't go down.

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The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
ikadub [295]

Answer: $230,500

Explanation:

Goodwill is the amount over the value of a company that is purchased for.

Fair market value is the relevant value used in goodwill calculation because it represents the current value of the assets acquired.

Goodwill = Acquisition price - Fair market values of the assets

= 511,000 - 35,000 - 183,000 - 46,500 - 16,000

= $230,500

8 0
3 years ago
A moderately-priced jewelry store is trying to differentiate itself from other jewelry stores. The store prices products somewha
AlekseyPX

Answer:

The correct answer is: monopolistic competition.

Explanation:

There is monopolistic competition in markets that have many companies offering similar products or services. Restaurants, grocery stores, and clothing stores, for example. Such similar products and services are not ideal substitutes for each other. In these industries the barrier to entry and exit is low.

8 0
3 years ago
The apr of rose's savings account is 4.2%, and interest is compounded monthly. if rose makes no additional deposits or withdrawa
Alex777 [14]
The answer is $9489.64
8 0
3 years ago
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With practical illustration, discuss how managers can leverage on organizational behavior components to maximize business succes
Contact [7]

Explanation:

Organizational behavior can be defined as a study of three factors that determine the behavior of organizations:

  • People
  • Groups
  • Structures

These three factors combined will be decisive for understanding and analyzing how people act in the organizational environment in order to establish a harmonious organizational culture where employees feel protected and valued to contribute to the company's organizational objectives.

A culture based on ethical values ​​and valuing employees, will help in a more collaborative work environment, where communication flows effectively and the employee feels able to contribute with greater motivation, innovative ideas and loyalty to the company, which helps to create an internal environment conducive to maximizing business success.

3 0
3 years ago
A Co. showed the following values for its inventory as of the end of its fiscal year: Historical cost $100,000 Current replaceme
Levart [38]

Answer:

$90,000

Explanation:

The reason is that the International Accounting standard IAS 3 Inventories says that the asset must be reported at lower of:

Cost &

Net realizable value

Here the cost is $100,000 and NRV is $90,000, which means that the inventory must be reported at $90,000 which is the lower value.

4 0
3 years ago
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