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
Suppose a local bank increases the fees they charge for their bank accounts by 2020 percent. In​ response, the demand for their
Musya8 [376]

Answer:sory i doont nhow

Explanation:

6 0
3 years ago
What is true about hotel management companies?
abruzzese [7]

they generally manage hotels for a fee

5 0
2 years ago
Rachel McGovern bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semiannually. Today, the
trasher [3.6K]

Answer:

17%

Explanation:

Purchase price of bond = $921.77

Years investment held = n = 7

Coupon rate = C = 15%

Frequency of payment = m = 2

Annual coupon = $1,000 × (0.15/2) = $75.00

Realized Yield = i

Selling price of bond = PB = $961.22

The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.

5 0
3 years ago
John operates a boat rental business in a competitive industry. He owns 10 boats and pays $1,000 per month on the loan that he t
gregori [183]

Answer:

in the off season he should operate as long as he rent one boat for one month

Explanation:

Given data:

number of boat 10

rent cost for 1 boat $200

variable cost is $50

in the off season he should operate as long as he rent one boat for one month. the reason behind this is that at this condition variable cost is less than cost for rent. As long as he rent one boat for a month the variable cost remain less than the rent cost of boat

4 0
3 years ago
What are the frist 10 amendments called
PSYCHO15rus [73]
<span>The first 10 amendments of the United States Constitution are called the "Bill of Rights," these amendments were ratified on December 15, 1791. </span>
8 0
3 years ago
Other questions:
  • Crane Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $23,000 a
    15·1 answer
  • Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion cost
    10·1 answer
  • How do the media affect which issues the public thinks are important?
    9·1 answer
  • SPU, Ltd., has just received its sales expense report for January, which follows.Item AmountSales commissions $370,500Sales staf
    6·1 answer
  • At an activity level of 9,000 machine-hours in a month, Kirk Corporation's total variable production engineering cost is $796,50
    6·1 answer
  • Which of the following is not usually a right or attribute of preferred stock? a. Having a priority claim in liquidation relativ
    7·1 answer
  • PLEASE HELP
    6·2 answers
  • Sandusky Inc. has the following costs when producing 100,000 units: Variable costs $600,000 Fixed costs 900,000 An outside suppl
    12·1 answer
  • Seller Kim tells her agent Greg that she would be willing to accept $185,000 on her $205,000 listed home. There are no offers on
    14·1 answer
  • Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation targ
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!