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3 years ago

- What is the conventional wisdom when it comes to what good debt is vs. bad debt?

Business

2 answers:

Ede4ka [16]3 years ago

6 0

good debt is for buying assets : things that will be worth more in the future

bad debt is for buying liabilities : things that will be worth less in the future

Ksenya-84 [330]3 years ago

4 0

Answer:

Good debt has the potential to increase your net worth or enhance your life in an important way. Bad debt involves borrowing money to purchase rapidly depreciating assets or only for the purpose of consumption.

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Which of the following statements is most correct? A. KSFs are often necessary, but not sufficient for competitive advantage.B

anzhelika [568]

Answer:

A. KSFs are often necessary, but not sufficient for competitive advantage.

Explanation:

KSF

Key Success Factors (KSFs) represent business functions, practices or business activities as defined or seen by the customers or the market as being important or crucial to the development of consumer/business relationship.

KSFs represent areas organisations are to attend to based on the views of the market in order to achieve their goals. It could be in form strengths to maximize, weaknesses to address, aspects to take advantage of among others.

It becomes obvious that although important (from the view of the market or consumers who patronize the business), a business must makes its own due diligence in form of SWOT analysis among others to have the required competitive advantage.

4 0

3 years ago

When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, i

liq [111]

The answer will be virtual community.

8 0

2 years ago

How much will $6000 be worth if it is invested at 3.5% interest for 20 years compounded annually, semi-annually, quarterly, mont

BabaBlast [244]

Answer:

Results are below.

Explanation:

Giving the following information:

Initial investment= $6,000

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

Compounded annually:

n= 20

i= 0.035

FV= 6,000*1.035^20

FV= $11,938.73

Compounded semi-annually:

n=20*2= 40

i= 0.035/2= 0.0175

FV= 6,000*(1.0175^40)

FV= $12,009.58

Compounded quarterly:

n= 20*4= 80

i= 0.035/4= 0.00875

FV= 6,000*(1.00875^80)

FV= $12,045.78

Compounded monthly:

n= 20*12= 240

i= 0.035/12= 0.00292

FV= 6,000*(1.00292^240)

FV= $12,079.84

Compounded weekly:

n= 20*52= 1,040

i= 0.035/52= 0.000673

FV= 6,000*(1.000673^1,040)

FV= $12,078.71

Compounded daily:

n= 20*365= 7,300

i= 0.035/365= 0.000096

FV= 6,000*(1.000096^7,300)

FV= $12,091.78

3 0

3 years ago

Read 2 more answers

An investor who purchases stock in a company becomes a(n):

Mariulka [41]

That investor will become a Shareholder.

The moment an investor become a shareholder, that investor is basically own some percentage of the company.

Each year, the company will pay the investors in the form of Dividend, which amount is depended on how well the company perform in that year

4 0

3 years ago

On January 1, Year 1, Missouri Co. purchased a truck that cost $35,000. The truck had an expected useful life of 10 years and a

ANTONII [103]

Answer:

B. $5600

Explanation:

Purchase price = $35,000

Expected life cycle= 10 years

Salvage value= $3000

Depreciation expense at the year 2= ?

Solution:

Using a straight line method.

Depreciation= Purchase price/expected useful life( straight line method)

Depreciation= 35,0000/10

=$3500 which is equivalent to 10% of the original price.

Using double declining-balance method, the value will double to

Depreciation expense in Year 1 = (20% of $35000) $7000

Depreciation expense in Year 2=

(20% of $28,000) $5600

8 0

4 years ago