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Leona [35]
3 years ago
13

What is true of someone with a low credit score I they probably make payments on time II they may not be able to rent the apartm

ent they want. III. They are more likely to miss a payment than someone with a high credit score
Business
1 answer:
GaryK [48]3 years ago
8 0
I think it is II, it isn't one.

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10. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year i
madam [21]

Answer:

FV= $1,259.71

Explanation:

Giving the following information:

Initial deposit (PV)= $1,000

Number of periods (n)= 3 biannual years

Interest rate (i)= 8% = 0.08

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.08^3)

FV= $1,259.71

6 0
3 years ago
Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,
Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

  • X = minimum number of shares that must be owned  = ?
  • S = total outstanding shares  = 10,000,000
  • N = number of directors we want to elect = 1
  • D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

  1. The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
  2. Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0
3 years ago
Curt can be paid in one of two ways for the furniture he sells. Plan​ A: Salary of ​$350 per​ month, plus a commission of​ 10% o
Eduardwww [97]

Answer:

for $16000 plan B is better than A

Explanation:

We are searching for the stage where Plan A's compensation is less than Plan B's compensation.

Plan A < Plan B

 

let total of Curt's sales  be the x,

x is the basis of the commission under Plan A, but the first 5000 of sales are excluded i.e  (x - 5000) from the basis of commissions under Plan B.

 

350 + x(0.10) < 750 + (x - 5000)(0.15)

800 -750 < (0.15) x - 5000(0.15) - (0.10)x

50 < (0.15 - 0.10)x - 750

50+750 < (0.05)x

800 < (0.05)x \frac{800}{(0.05)} < x

16000 < x

5 0
3 years ago
A firm is weighing three capacity alternatives: small, medium, and large job shop. Whatever capacity choice is made, the market
Dvinal [7]

Answer:

<u>Since expected payoff for large job shop option is highest, firm should make large job shop option as capacity choice</u>

Explanation:

Expected payoff of any capacity alternative

= Probability of moderate acceptance x Payoff of moderate acceptance + Probability of strong acceptance x Payoff of strong acceptance

= 0.40 x Payoff of moderate acceptance + 0.60 x Pay off of strong acceptance

Thus Pay off for small job shop option

= 0.40 x 24000 + 0.6 x 54000

= 9600 + 32400

= $42,000

Pay off for medium job shop option

= 0.40 x 20000 + 0.60 x 64000

= 8000 + 38400

= $ 46,400

Pay off for large job shop option

= - 0.40 x 2000 + 0.60 x 96000

= - 800 + 57600

= $56,800

7 0
3 years ago
Fresnas Cuisine, a restaurant chain, recently introduced fast food on its menu because management recognized that their customer
lubasha [3.4K]

Answer:

demographic factors

Explanation:

Demographic factors refer to your customers' socioeconomic characteristics, e.g. age, gender, race, ethnic background, marital status, income level education level, etc.

In this scenario, Fresnas Cuisine changed it menu to appeal to its customers' age group, so it is being influenced by one of its customers'  demographic factors.

5 0
3 years ago
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