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2 years ago

Most people do not select a place of residence based on: A. lifestyle B. needs C. values. D.attitudes E. credit score

Business

1 answer:

andrew-mc [135]2 years ago

3 0

It is generally uncommon for people to decide a place of residence based on <u>E. credit score </u>

When people look for places to stay, they think about their:

Lifestyle and what house it suits that
Their needs from a place
Their values and whether the place would support them
Attitudes towards what kind of place they should live

People only think about the credit score when it comes to paying the rent of the place or being able to buy it. It is generally not a factor when selecting a place of residence initially.

In conclusion, most people do not select residence based on credit score.

<em>Find out more at brainly.com/question/19435264. </em>

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A certificate of deposit that changes the rate of interest based on the prevailing market interest rate is known as a: A Market

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Answer:

B. Step-up/Step-down CD

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

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A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.

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3 years ago

Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The

allochka39001 [22]

Answer:

Variable Cost -$448,000

Explanation:

The contribution margin formula it's : Net Sales - Variable Costs: Contribution Margin

The contribution margin indicates how much money the company has to cover its expenses not included in the cost of the goods or the variable costs, it is the remaining amount that is used to pay the administrative and sales expenses.

In this case:

Sales : 16.000 x $40 (price) = $640,000

Contribution Margin 30% which means 30%*$640,000 = $192,000

The difference it's the Variable Costs = -$448.000

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2 years ago

Based on the weight of the consumer price index (CPI), the price of rental housing increases by 15% and that of owned housing by

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Answer:

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Explanation:

The CPI measures the price of a basket of goods and that basket includes both housing expenses and gasoline, but housing expenses are "heavier" than gasoline (their relative weight on the CPI is much higher) because they represent a much larger portion of a household's income. It is common for a family to pay $1,000 (or much more) per month on rent or a mortgage, while how many people actually spend over $1,000 per month on gas?

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3 years ago

When an interest-bearing note is dishonored at maturity and ultimate collection is expected, the entry for the dishonoring, assu

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Answer:

The correct answer is C. a credit to Notes Receivable and Interest Revenue.

Explanation:

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3 years ago

Read 2 more answers

Payback period computation; even cash flows LO P1

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Answer:

A. 2.2 years

B. 3.6 years

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Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback = amount invested / annual cash flows

Payback period is calculated using cash flows. So, the net income has to be changed to cash flows by adding back depreciation.

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Straight line depreciation expense = (Cost of asset - salvage value) / number of years

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Payback period for machine a = $520,000 / $235,000 = 2.2 years

Pay back period For machine b =

$380,000 / $105,000 = 3.6 years

I hope my answer helps you

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