1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
salantis [7]
2 years ago
10

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

Business
2 answers:
Ede4ka [16]2 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]2 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.

You might be interested in
The board of directors of UT Wireless, Inc. is considering two compensation plans for the CEO of the company. The first would pa
Anna71 [15]

Answer:

solving for the dollar

:amount:

$150,000 = 100,000 shares * ($x-$11)X = $12.50 meaning, the market price per share must be $12.50 in order to earn $150,000 which is the amount needed to break even with option #1.Therefore, stockholders would probably prefer Action#2 over Option #1 because theCEO has an incentive to operate the company in a manner which would successfully raise the market price per share from $9.00 to $12.50 in order to earn $300,000. Under Option #1, the CEO earns $300,000 regardless if the market price per share goes up or down.

2.Are ethics critical to the CEO's goal of maximizing shareholder's wealth? Is establishing corporate ethics policies and requiring employee compliance enough to ensure ethical behavior by employees?

8 0
3 years ago
Jim, a Connecticut resident, ran a red light while he was vacationing in California and collided with Amanda’s car. Amanda suffe
kolezko [41]

Answer: The court must return the excess proceeds to Jim.

Explanation: The excess money left after a property is sold and the debt owe is paid off is termed surplus and it is usually given to the owner of the property sold.

5 0
3 years ago
Taggart Inc. is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash flo
nikdorinn [45]

Answer:

The period of payback of the project is 2.30 years. Therefore, the correct answer is C

Explanation:

We will computing the Cumulative Cash Flow from Year 0 to Year 3

Cumulative Cash Flow Year 0 = Cash Flow of Year 0

= -$1,150

Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0

= $500 + (-$1,150)

= -$650

Cumulative Cash Flow of Year 2 =  Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1

= $500 + (-$650)

= -$150

Cumulative Cash Flow of Year 3 =  Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2

= $500 + (-$150)

= $350

Now, Computing the Pay back period with the formula:

Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)

= 2 + (-$150/ $500)

= 2 +  0.3

= 2.3 years

5 0
3 years ago
The Jeep brand of vehicles provides consumers with a unique blend of freedom and adventure. One of their advertising campaigns f
kipiarov [429]

This unique set of associations that consumers will make with the Jeep brand is referred to as brand image .

Option C

<u>Explanation: </u>

Marketing branding analyzes and designs the image of a brand throughout the market. For sales and marketing, it is important to develop a good connection to the target market. The commodity, its appearance, quality, and labelling, etc. are the measurable aspects of brand management.

Brand Image is an idea or perception that consumers create in their head within a certain period of time about a specific brand. The brand image can be characterized as the vision and interaction of current and potential customers with the brand.  The company photo ultimately fills the customer's mind. Brand image can be similar or completely opposite to brand identity.

6 0
3 years ago
During 2020, Sarasota Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sarasota for
vfiekz [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

Gross profit = Sales - Cost of goods sold

= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)

= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)

= 70,400 - 44,352

= $26,048

Ending inventory schedule attached in the excel archive

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
3 years ago
Other questions:
  • Knowledge about challenges specific to the operations function can help marketing personnel to judge how _____________ new produ
    13·1 answer
  • The accountant for Huckleberry Company is preparing the company's statement of cash flows for the fiscal year just ended. The fo
    5·1 answer
  • On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
    15·1 answer
  • Define market plan for marketing
    14·1 answer
  • Jan is unmarried and has no children, but she provides all of the financial support for her mother, who lives in an apartment ac
    5·1 answer
  • Employees working in the petroleum industry in Alaska might be receiving higher wages based on the fact that their careers requi
    9·2 answers
  • In Techsorrd Inc., the leads of the technical team, support team, and marketing team anticipate the resource needs for their res
    5·1 answer
  • You bought one of Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $810. These bonds make annual paymen
    15·1 answer
  • Michelle always drives down Hampton Avenue to go to work. One morning, Michelle discovers that Hampton Avenue is closed at Wood
    14·1 answer
  • Yields on municipal bonds are typically ___________ yields on corporate bonds of similar risk and time to maturity.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!