A factor that credit card companies would most likely use to determine an applicant's creditworthiness is Hourly wages.
Credit card issue
When you apply for a credit card, you’re required to share an array of personal information on your application. This will include details like your name, address, Social Security number and current employment status. You’ll also be asked to list your income on your application, although the type of income card issuers ask for can vary depending on the card issuer.
Determination of hourly wages
Not all credit card issuers will ask for your annual net income. Some may explicitly ask for your gross income. If you are paid an hourly wage, on the other hand, you may need to figure out your gross income using last year’s tax return or by multiplying your gross weekly income by the number of weeks you work within a year.
Thus, A factor that credit card companies would most likely use to determine an applicant's creditworthiness is Hourly wages.
Learn more from here - brainly.com/question/3877385
#SPJ2
On January 2, 2014, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2015. Expenditures for the construction were as follows: Indian River Groves borrowed $2,200,000 on a construction loan at 12% interest on January 2, 2014. This loan was outstanding during the construction period. The company also had $8,000,000 in 9% bonds outstanding in 2014 and 2015. The interest capitalized for 2014 was:
Answer:
the expenditures are missing, so I looked for a similar question:
1/2/2014 $400,000 7/1/2014 $1,200,000 12/31/2014 $1,200,000 3/31/2015 $1,200,000 9/30/2015 $800,000Weighted average expenditures for 2014:
January 1 = $400,000 x 1 = $400,000
July 1 = $1,200,000 x 1/6 = $600,000
December 31 = $1,200,000 x 0 = $0
total = $1,000,000
Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000
15.2 Calculating Flotation Costs: The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $21.39 for each of the 7.75 million shares sold. The initial offering price was $23 per share, and the stock rose to $26.30 per share in the first few minutes of trading. Wiley paid $1,350,000 in legal and other direct costs and $210,000 in indirect costs. What was the flotation cost as a percentage of funds raised
Answer:
23.16%
Explanation:
net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500
total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000
flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%
Lusk Corporation produces and sells 15,800 units of Product X each month.
The selling price of Product X is $28 per unit, and variable expenses are $22 per unit.
A study has been made concerning whether Product X should be discontinued.
The study shows that $72,000 of the $108,000 in fixed expenses charged to Product X would not be avoidable, even if the product was discontinued.
If Product X is discontinued, the company's overall net operating income would:______.
a. decrease by $58,800 per month
b. Increase by $13,200 per month
c. increase by $49,200 per month
d. decrease by $49,200 per month
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
Particulars Amount
Contribution from product X $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost -$108,000
Net loss avoided -$13,200
Non-avoidable fixed cost $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a.
if you cause damage to your apartment, your landlord can
Answer:
...send you out for vandalizing the property?? i dunno lol
Explanation:
Answer:
you could get evicted
Explanation:
HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends? send a request!! also the first person to send a request will get 20 points to continue the giveaway!! i will also probably make more giveaways so make sure to friend me to see when another one takes place!!
Answer:
ok I will send bro gg bye
Answer:
okays
Explanation:
CTSOs are especially helpful for people who are applying for which things? Check all that apply.
Explanation:
I believe it's for employment, military, college
Answer:
Employment. Military Services. College.
Explanation:
Read the two statements and decide if they are true or false (I) Classical economists believe that prices are inflexible and that demand creates supply, so we should focus on increasing spending and stimulating aggregate demand to boost the economy out of a recession. (II) Keynesian economists believe that prices are flexible and that supply creates demand, and so we should focus on production rather than just increased spending.
Answer:
Both I and II are false
Explanation:
In the given situation, the condition should be reversed that means The Keynesian economists said that demand created the supply while on the other hand as per the classical economist it said that the supply created the demand
Therefore as per the given situation, both the statements are false as the reversion of the conditions are given in the question
The same is to be considered
During March 2019, Virginia Bay Corporation recorded $275,000 of costs related to factory overhead. Virginia Bay's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $260,000 would be incurred, and 8,400 direct labor hours would be worked. During March, 11,000 hours were actually worked. Use this information to determine the standard overhead rate. (round
Answer:
$32.74 per DLH
Explanation:
Standard Oh rate as per DLH = Estimated overheads / Estimated DLH
Standard Oh rate as per DLH = $275,000 / 8,400
Standard Oh rate as per DLH = $32.7381
Thus, OH rate per DLH = $32.74 per DLH
Isa is head of housekeeping services at the Ashworth Hotel, a luxury hotel and resort. Last week, she received 29 customer complaints. A total of 428 guests had stayed in the hotel that week. Given this information, find out the errors per million opportunities. a. 400 errors per million opportunities b. 23,456 errors per million opportunities c. 67,757 errors per million opportunities d. 14,758,620 errors per million opportunities
Answer:
c. 67,757 errors per million opportunities
Explanation:
The computation of the errors per million opportunities is shown below:
= Customer complaints last week ÷ total guest stayed in that week × 1,000,000
= 29 customers ÷ 428 guests × 1,000,000
= 67,757 errors per million opportunities
Hence, the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
able below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues Price (dollars) Quantity Demanded Marginal Revenue (dollars) Marginal Cost (dollars) Average Total Cost (dollars) $76 100 $76 $25 $139.00 71 200 66 68 103.30 66 300 56 56 87.50 61 400 46 82 86.00 56 500 36 76 84.00 51 600 26 48 78.00 Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. a. What is the monopolist's profit-maximizing level of output
Answer:
The profit maximizing output for a monopolist is the output level where marginal cost is equal to marignal revenue.
Explanation:
Price Q Demanded Marginal Revenue Marginal Cost
$76 100 $76 $25
71 200 66 68
66 300 56 56
61 400 46 82
56 500 36 76
51 600 26 48
Arranging the information in the chart above, we can see that for a quantity demanded of 300 units, and a price of $66, marginal revenue and marginal cost are exactly the same, $56.
Thus, the profit-maximizing level of output is 300 units.
Kazi Ltd. a manufacturer of powder soap wants to double their previous financial year profit which was Sh. 5 Million, through improved sales strategies and aggressive marketing. The following data was provided. p = 320, v = 110, f = Sh. 1.2 Million i) Determine Profit if sales are 35,000 units
Answer:
the profit in the case when the sale is 35,000 units is 6,150,000
Explanation:
The computation of the profit is as follows:
= (Selling price - variable cost) × number of units sold - fixed cost
= (320 - 110) × 35,000 units - sh. 1.2 million
= 7,350,000 - 1,200,000
= 6,150,000
Hence, the profit in the case when the sale is 35,000 units is 6,150,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The last five annual dividends for MysteryCorp have been: $1.25, $1.38, $1.49, $1.60, and $1.69. Next year's dividend is expected to be $2. The current stock price is $199 per share. First, calculate the geometric average annual rate of growth based on the historical dividends (taking into account the previous five -- do *not* include next year's expected dividend in this calculation). Your estimate of RE, the cost of equity, is ________%.
Answer:
Re = 8.79%
Explanation:
annual growth rates:
($1.38 - $1.25) / $1.25 = 0.104
($1.49 - $1.38) / $1.38 = 0.078
($1.60 - $1.49) / $1.49 = 0.074
($1.69 - $1.60) / $1.60 = 0.056
geometric growth rate = ⁴√(1.104 x 1.078 x 1.074 x 1.056) - 1 = ⁴√1.34976 - 1 = 1.0779 - 1 = 0.0779 = 7.79%
P₀ = Div₁ / (Re - g)
$199 = $2 / (Re - 0.0779)
Re - 0.0779 = $2 / $199 = 0.01
Re = 0.01 + 0.0779 = 0.0879 = 8.79%
explain the scope of macro economic.
The 2014 balance sheet of Steelo, Inc., showed current assets of $3,135 and current liabilities of $1,545. The 2015 balance sheet showed current assets of $3,100 and current liabilities of $1,545.
What was the company’s 2015 change in net working capital, or NWC? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.)
Net working capital $
Answer:
-$35
Explanation:
The computation of the change in net working capital is as follows:
Net working capital = current assets - current liabilities
For 2014,
net working capital i s
= ($3,135 - $1,545)
= $1,590
And,
for 2015,
net working capital is
= ($3,100 - $1,545)
= $1,555
So, the change in net working capital is
= ($1,555 - $1,590)
= -$35
The fictional country of Anastialia is a small country with rich resources in minerals. In an 8 hr work day it can produce 100 pounds of silver or 50 pounds of copper. If Anastialia decides to produce copper instead of silver it is ignoring the fact that its silver production has a(n)________ to copper.
a. production advantage
b. absolute advantage
c. comparative advantage
Answer:
c. comparative advantage
Explanation:
As we know that
The one pound of silver would be equivalent to 0.5 pound of copper
And,
one pound of copper would be equivalent to 2 pounds of silver
based on this, there is a comparative advantage with respect to the silver production
Hence, the correct option is c.
Therefore all the other options are incorrect
John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consisting of: $200 interest income from a savings account with their local bank, reported on Form 1099-INT. $350 interest income from a certificate of deposit held with another local bank, reported on Form 1099-INT. $100 in dividends from a savings account with a local credit union, reported on Form 1099-INT. $250 interest income from a U.S. Treasury note, reported on Form 1099-INT. $500 tax-exempt interest income from a municipal bond investment, reported on Form 1099-INT. $1,700 in ordinary dividends from a mutual fund investment, reported on Form 1099-DIV. Complete John and Cynthia's Schedule B (Form 1040), Interest and Ordinary Dividends.
Answer:
Calculation of Net taxable income
Particulars Amount Amount
Interest income from savings interest $200
Interest income from certificate deposit $350
Dividend from saving account with $100
local credit union
Interest income from us treasury note $250
Tax exempt interest from municipality bond $500
Ordinary dividend $1,700
Gross total income $3,100
Income exempt
Dividend from saving account $100
Dividend from treasury note $250
Tax exempt interest from municipality bond $500 $850
Net taxable income $2,250
While taking courses at a community college, Patrice also spends time each week assisting at her town's community center. Patrice aides the community center leaders and learns about how the center works. Although she is not paid for this time, she hopes to begin a full-time job at the community center after finishing her courses. Patrice's time at the community center is called
O secondary education.
O doctoral research.
O a certification
O an internship
Answer:
While taking courses at a community college, Patrice also spends time each week assisting at her town’s community center. Patrice aides the community center leaders and learns about how the center works. Although she is not paid for this time, she hopes to begin a full-time job at the community center after finishing her courses. Patrice’s time at the community center is called
Explanation:
D. an internship
People often undergo internship. Patrice's time at the community center is called an internship.
What does an internship implies?An internship is known to be a kind of professional learning experience that people undergo that tends to offers vital, practical work linked to a student's field of study or career interest.
An internship is one that helps student to have an opportunity for career exploration and growth, and to learn a whole lot of skills.
Learn more about internship from
https://brainly.com/question/25385643
Ivanhoe Corporation acquired End-of-the-World Products on January 1, 2017 for $6500000, and recorded goodwill of $1220000 as a result of that purchase. At December 31, 2018, the End-of-the-World Products Division had a fair value of $5540000. The net identifiable assets of the Division (excluding goodwill) had a fair value of $4838000 at that time. What amount of loss on impairment of goodwill should Ivanhoe record in 2018
Answer:
Ivanhoe Corporation
The amount of loss on impairment of goodwill that Ivanhoe should record in 2018 is:
$518,000.
Explanation:
a) Data and Calculations:
Goodwill on acquisition = $1,220,000
December 31, 2018:
Fair value of Investee (End-of-the-World Products Division) = $5,540,000
The fair value of the net identifiable assets of the Division (excluding goodwill) = $4,838,000
Goodwill = $702,000 ($5,540,000 - $4,838,000)
Impairment loss = $518,000 ($1,220,000 - $702,000)
b) A Goodwill impairment loss is the recognized reduction in the carrying amount of this intangible asset that is triggered by a decline in its fair value. When the fair value of acquired Goodwill declines below its carrying amount, Ivanhoe Corporation is expected to write off the difference (the impairment loss) in its income statement for 2018.
Convertible bonds:_________
a) Provide potential benefits only to the issuer.
b) Provide potential benefits only to the investor.
c) Provide potential benefits to both the issuer and the investor.
d) Provide no potential benefits.
Answer:
c) Provide potential benefits to both the issuer and the investor.
Explanation:
Convertible Bonds are Bonds that can be converted to Common Stocks at the the option of the investor or the issuer.
They represents the potential voting rights to the investor if they are converted to Common Stocks. This means the investor can take part in decision making of the company.
They also presents benefits to the issuer in that it reduces the financial risk of defaulting interest payments. This is good for the gearing ratio as well and can attract more investors.
why does this app suck i a way? i looked at this question: The managers want to know how many boxes of 12 cookies can be filled with the 3,258 cookies that have been baked. Fatima starts by subtracting the largest number of boxes she can easily calculate. She knows that 100 boxes of 12 cookies can be put into one crate. How many crates can be filled from the total of 3,258 cookies?
then an expert verified its 3 so i put it in and it said incorrect. am i not getting something or is it maybe incorrect in my platform?
Answer:
this app is fine, it has helped me a lot
Explanation:
BUT, you shouldnt rely on it all the time, unless you're genuinely struggling on grasping a topic I suggest trying to teach to yourself.
Your supermarket is trying to determine how many meatloaf dinners should be produced on Monday. The Monday demand for meatloaf dinners is normally distributed with a mean of 100 and a standard deviation of 20. The cost of producing a meatloaf dinner is $2.00, and the dinner sells for $7.00. It costs $0.60 at the end of the day to dispose of each unsold dinner. If the only possible production quantities are 100, 110, 120, and 130, what production quantity would you recommend
Answer:
The recommended production quantity is that which maximizes profit.
Quantity 130
Explanation:
Quantity to produce is the problem here. Remember that this is one of the fundamental questions in the discipline of Economics.
- What to produce? - For whom to produce?
- How to produce? - In what quantity?
Possible Production Quantities:
100, 110, 120, and 130
Mean Demand = 100
Standard Deviation = 20
Lowest possible demand = 100 - 20 = 80units
Highest possible demand = 100 + 20 = 120units
* Solve, using the mean demand for each quantity level. Assume also that on every Monday, the minimum possible quantity is what is purchased. That's the safest assumption anyway.
FOR QUANTITY 100,
Revenue = 7×100 = $700 Direct cost = 2×100 = $200
Indirect cost = 0.6×20 = $12 Total cost = 200 + 12 = $212
PROFIT = 700 - 212 = $488
FOR QUANTITY 110,
Revenue = 7×110 = $770 Direct cost = 2×110 = $220
Indirect cost = 0.6×30 = $18 Total cost = 220 + 18 = $238
PROFIT = 770 - 238 = $532
FOR QUANTITY 120,
Revenue = 7×120 = $840 Direct cost = 2×120 = $240
Indirect cost = 0.6×40 = $24 Total cost = $264
PROFIT = 840 - 264 = $576
FOR QUANTITY 130,
Revenue = 7×130 = $910 Direct cost = 2×130 = $260
Indirect cost = 0.6×50 = $30 Total cost = $290
PROFIT = 910 - 290 = $620
Remember, the base assumption is that only the minimum quantity of 80units is bought each Monday. This is the only way to account for wastage; which costs 0.6 dollar per unit. So, the more the quantity produced, the greater the likelihood of wastage.
how the consumer motivated to purchase product. what are the critaria and decision making
Answer:
In plain terms, the consumer motivation is the set of cognitive factors driving a customer's determination to make a single sale. The payment is the ultimate product of a "Purchaser's Process" scheme, a three-stage mechanism consisting of:
1.Awareness.
2.Interest.
Determination
A producer of felt-tip pens has received a forecast of demand of 41,000 pens for the coming month from its marketing department. Fixed costs of $26,000 per month are allocated to the felt-tip operation, and variable costs are 35 cents per pen.
a. Find the break-even quantity if pens sell for $1 each.
b. At what price must pens be sold to obtain a monthly profit of $16,000, assuming that estimated demand materializes?
Answer and Explanation:
The computation is shown below:
a. The break even quantity is
= Fixed cost ÷ (selling price per unit - variable cost per unit)
= $26,000 ÷ ($1 - 0.35)
= $26,000 ÷ 0.65
= 40,000
b. The price is
Let us assume the price per pen be x
As we know that
Profit = Revenue - costs
$16,000 = (x)(41,000) - $26,000 - .35(41,000)
$16,000 = 41,000x - 40,350
$56,350 = 41,000x
x = $1.37
Novak Company took a physical inventory on December 31 and determined that goods costing $190,000 were on hand. Not included in the physical count were $25,170 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $21,900 of goods sold to Alvarez Company for $30,030, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Novak report as its December 31 inventory
Answer: $237070
Explanation:
The amount that Novak should report as its December 31 inventory will be:
Inventory in hand = $190,000
Add: Goods bought from Pelzer Corporation = $25,170
Add: Cost of goods sold to Alvarez Company = $21900
Total = $237070
The amount that Novak should report as its December 31 inventory will be $237070
Jeff sells the New York Times Sunday newspaper at a city corner near several churches. He sells each newspaper for $6.50 after purchasing them for $4.00. Any unsold newspaper can be returned to the New York Times for a $0.75 credit. Jeff expects demand on Sunday to be 75, 100, 125, or 150 newspapers and would like to order one of these four quantities from the New York Times. If the Jeff uses the minimax regret criterion, how many newspapers will he order
Answer:
0
Explanation:
when you should send a email
HubSpot researched open times to find late morning tends to get the most opens. Send emails at 11 a.m. for the best results. Data from MailerMailer also suggests that sending emails in the late morning during work hours gets the best percentage of opens.
Answer:
When the subject matter is objective and informative
Three years ago, Adrian purchased 430 shares of stock in X Corp. for $70,950. On December 30 of year 4, Adrian sells the 430 shares for $64,070. (Leave no answers blank. Enter zero if applicable. Loss amounts should be indicated with a minus sign.)
a. Assuming Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 4 tax return?
Answer:
6,880
Explanation:
HELP PLEASE 30 points !
Mary is an agent who works with a direct marketing insurance company. She is more specially known as a(n) ..
A - Broker agent
B- Independent agent
C- Certified agent
D- Captive agent
Answer:
i say broker agent.......
Answer:
It's D! Captive Agent is the correct answer.
On January 1, 2021, Strato Corporation borrowed $2 million from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installments of $776,067 on December 31 of each year. The payments include interest at a rate of 8%. Prepare an amortization schedule over the three-year life of the installment note. (Round your final answers to the nearest dollar amount.)
Answer:
Period Installment Interest Paid Capital Paid Balance
January 1, 2021 $2,000,000
December 31, 2021 $776,067 $160,000 $616,067 $1,383,933
December 31, 2021 $776,067 $110,715 $665,352 $718,581
December 31, 2021 $776,067 $57,486 $718,581 0
Explanation:
Step 1
First clearly identify the parameters of the Loan
PV = $2,000,000
N = 3
PMT = - $776,067
P/YR = 1
i = 8%
FV = $0
Step 2
Since there is no missing parameter, we can then move on to construct our loan amortization schedule.
Period Installment Interest Paid Capital Paid Balance
January 1, 2021 $2,000,000
December 31, 2021 $776,067 $160,000 $616,067 $1,383,933
December 31, 2021 $776,067 $110,715 $665,352 $718,581
December 31, 2021 $776,067 $57,486 $718,581 0
Answer:
The amortization schedule attached, shows beginning balances,interest payments, annual loan repayments as well as the ending balances up until year 3 where the ending balance becomes $0 indicating that the loan principal has been fully amortized(repaid)
Explanation:
In constructing the amortization schedule, the interest payment is the beginning outstanding balance multiplied by the interest rate.
The principal repayment is the annual repayment minus the interest payment whereas the ending balance is the balance at the beginning of the year minus the principal repayment as shown below:
Sewtfi951 Corporation makes an extra large part to use in one its fabulous products. A total of 14,500 units of this extra large part are produced and used every year. The company's costs of producing the extra large part at this level of activity are below:
Per Unit
Direct materials $3.20
Direct labor $7.80
Variable manufacturing overhead $8.30
Supervisor's salary $3.70
Depreciation of special equipment $2.10
Allocated general overhead $7.30
An outside supplier has offered to make the extra large part and sell it to Sewt1951 for $32.30 each If this offer is accepted the supervisor's salary and all of the variable costs, including the direct labor, can be avoided The special equipment used to make the extra large part has no salvage value or other use The allocated general overhead representa fixed costs of the entire Sewt1951 company. none of which would be avoided at the part were purchased instead of produced internally. In addition, the space used to make the extra large part could be used to make more of one of the company's other fabulous products, generating an additional segment margin of $34,500 per year for that product
What would be the annual financial advantage (disadvantage) for Sewt1951 Corp as a result of buying the extra large part from the outside supplier?
Answer:
($100,350)
Explanation:
Relevant cost to make
Per Unit 14,500 units
Direct materials $3.20 $46,400
Direct labor $7.80 $113,100
Variable manufacturing overhead $8.30 $120,350
Supervisor's salary $3.70 $53,650
Relevant cost to make $23 $333,500
Relevant Cost to buy
Per Unit 14,500 units
Purchase price $32.30 $468,350
Less: Additional segment margin $34,500
Relevant Cost to buy $433,850
Here, we have financial disadvantage to buy as Relevant cost to make is lesser than Relevant Cost to buy
Financial (Disadvantage to buy) = $333,500 - $433,850
Financial (Disadvantage to buy) = ($100,350)