Upper Echelon inc. wants to set up operations in a foreign country that offers protection of its proprietary technology and the most suitable entry mode is a wholly-owned subsidiary.
What do you mean by technology?Technology refers to the greater application of scientific knowledge for practical purposes.
A wholly-owned subsidiary can be established in a foreign market by acquiring an established firm in the host nation.
Wholly owned subsidiaries best serve high tech protection in a foreign market because it reduces the risk of losing that competence.
Therefore, the wholly-owned subsidiary is the best entry mode for Upper Echelon.
Learn more about Technology here:
https://brainly.com/question/15059972
#SPJ1
List 10 resources that are scarce in the world today
in a flexible exchange rate the exchange rate is determined by
Answer:
by supply and demand.
Explanation:
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
Learn more about business growth here:
https://brainly.com/question/1384274
#SPJ2
a tax lien on property can hinder its sale because it is
A tax lien on property can hinder its sale because it is a claim on the property that gives the taxing authority the right to collect unpaid taxes from the proceeds of the sale.
A tax lien is a legal claim placed on a property by a government entity due to unpaid property taxes or other tax obligations. A tax lien on property can hinder its sale because it is a claim on the property that gives the taxing authority the right to collect unpaid taxes from the proceeds of the sale.
This means that if the property is sold, the proceeds from the sale will first be used to pay off any outstanding tax liabilities. This can reduce the amount of money the seller receives from the sale of the property, and may make the property less attractive to potential buyers. In addition, a tax lien can make it difficult to obtain financing for the purchase of the property, as lenders may be reluctant to provide a loan for a property with outstanding tax liabilities. Overall, a tax lien can hinder the sale of a property and make it less valuable in the eyes of potential buyers.
To know more about property visit:
https://brainly.com/question/11007967
#SPJ11
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
Bernard, Inc. prepares a statement of cash flows using the visual inspection method. In 2016, Bernard had net income of $54,000. In addition, the following information is available:
Gain on sale of land $16,000
Decrease in inventories 10,000
Amortization of patents 4,000
Increase in prepaid expenses 3,000
What net cash provided by operating activities should Bernard report in 2016?
a. $46,000
b. $72,000
c. $49,000
d. $50,000
Visual inspection method, also known as indirect method, is a method that converts accrual basis net income into cash basis net income by using the balance sheet to adjust for cash inflows and outflows that have not yet been recognized. This method is used to prepare the statement of cash flows.
The correct option is c.
Operating activities on a Statement of Cash Flows represent the inflows and outflows of cash from core business activities. These include sales revenue, cost of goods sold, depreciation and other items. Bernard, Inc. has to determine the net cash provided by operating activities. Income statement: Net income $54,000Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense (non-cash item) $4,000Gain on sale of land (non-operating item) ($16,000) Decrease in inventories $10,000 Increase in prepaid expenses ($3,000) Net cash provided by operating activities: $49,000.
To know more about inspection visit:
https://brainly.com/question/28546774
#SPJ11
what is the difference between listening and interpretation
Answer:
listening is the act of perceiving sound. It is involuntary and simply refers to the reception of aural stimuli. Listening is a selective activity which involves the reception and the interpretation of aural stimuli. Making sense of what you are listening.
Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.
The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).
What do you mean by skills, interest?Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?
There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.
Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
To know more about the skills and interest, visit:
https://brainly.com/question/18596971
#SPJ1
A manufacturing company hires only welders who have completed a formal
program that combines classroom instruction with on-the-job learning. What is the
welders' preparation an example of?
XO A. Performance management
B. Employee development
C. An apprenticeship
D. Computer-based training
Answer: An apprenticeship
Explanation: Pretty sure that other person had a stroke
TRUE/FALSE. Gross marketing contribution is interpreted is what is left over after the sale and marketing of a good to cover it’s production (or manufacturing), fixed costs and profit.
False. Gross marketing contribution refers to the amount of revenue generated from the sale of a good or service that is used to cover the variable costs associated with its production and marketing.
These costs can include expenses such as materials, labor, and advertising. The remaining amount, after variable costs are covered, is referred to as the contribution margin. This margin is then used to cover fixed costs and generate profit for the company.
It is important to note that while gross marketing contribution does take into account the costs associated with production and marketing, it is not the same as the total amount left over after these costs are covered. Rather, it is a specific measure that is used to understand the profitability of a particular product or service. By analyzing the contribution margin, companies can make informed decisions about pricing strategies, marketing efforts, and production costs in order to maximize profits and remain competitive in their respective markets.
Know more about variable costs here:
https://brainly.com/question/27853679
#SPJ11
merchandise that is delivered, received, and sent immediately to a production area is referred to as a:
Merchandise that is delivered, received, and sent immediately to a production area is referred to as "just-in-time" inventory.
Just-in-time (JIT) inventory is a lean manufacturing strategy that focuses on reducing waste and increasing efficiency in the production process.
The goal of JIT inventory is to have materials delivered only when they are needed for production. This means that inventory levels are kept at a minimum, reducing storage costs and the risk of product obsolescence. When materials arrive, they are immediately sent to the production area, where they are used in the manufacturing process.
JIT inventory relies heavily on communication and coordination between suppliers and manufacturers to ensure that materials arrive on time and in the correct quantities. This requires a high level of trust and collaboration between all parties involved.
There are several benefits to using JIT inventory. It can lead to reduced inventory costs, improved quality control, and increased productivity. By having materials delivered only when they are needed, companies can also respond more quickly to changes in customer demand.
However, there are also risks associated with JIT inventory. If suppliers fail to deliver materials on time, it can cause delays in production and ultimately result in lost sales. Additionally, there is a higher level of risk associated with relying on a small number of suppliers for critical materials.
Overall, just-in-time inventory can be an effective strategy for companies looking to improve efficiency and reduce waste in their production processes.
To learn moreabout merchandise refer to:
https://brainly.com/question/17201577
#SPJ11
(1)based on historical data, the average productivity of the programmer is 500 loc/pm. suppose the labor rate is $4000 per person per month, what is the total estimated project cost and the estimated effort in person-months? (5pts)
Estimates of effort and cost are commonly based totally on consequences of evaluation the usage of fashions or historical data applied to size, activities, and different planning parameters.
Confidence in these estimates is based on motive for the selected model and the nature of the data.
How do you estimate the effort for your project?Effort estimation in Agile
Rather than using time or price estimates, they will seem at user testimonies and story points. A product owner will evaluate the features of their new mission with a previous one to decide the complexity of their consumer story and assign suitable story points.
Learn more about estimated efforts and cost here:
https://brainly.com/question/28195569#SPJ4Hamilton Tours offers small group tours of the local area. The cost of a tour is $101 per person and the variable costs are $34 per person. Fixed costs for the quarter are $176,344.
Required:
a. What is the quarterly break-even level for Hamilton Tours?
b. Based on the sales director's forecast for the following quarter and using the price and cost information on the tours given, the margin of safety percentage is 50 percent. How many tours does the sales director plan to sell next quarter?
The quarterly break-even level for Hamilton Tours is approximately 2,633 tours. The sales director plans to sell approximately 5,266 tours next quarter. To calculate the quarterly break-even level for Hamilton Tours, we need to find the number of tours they need to sell in order to cover their fixed costs.
a. Quarterly Break-Even Level:
Break-even level is calculated using the formula:
Break-even level = Fixed costs / (Price per tour - Variable cost per tour)
Given:
Fixed costs = $176,344
Price per tour = $101
Variable cost per tour = $34
Break-even level = $176,344 / ($101 - $34)
Break-even level = $176,344 / $67
Break-even level ≈ 2,632.358
Since we can't sell a fraction of a tour, we round up the break-even level to the nearest whole number.
The quarterly break-even level for Hamilton Tours is approximately 2,633 tours.
b. Margin of Safety:
Margin of Safety is the difference between the actual sales and the break-even level, expressed as a percentage of the actual sales. In this case, the margin of safety is given as 50 percent.
Margin of Safety = (Actual sales - Break-even level) / Actual sales
Let's assume the number of tours the sales director plans to sell next quarter is "X."
50% = (X - 2,633) / X
Simplifying the equation:
0.5X = X - 2,633
0.5X - X = -2,633
-0.5X = -2,633
X = -2,633 / -0.5
X ≈ 5,266
The sales director plans to sell approximately 5,266 tours next quarter.
To know more about fixed costs visit :
https://brainly.com/question/30057573
#SPJ11
Firms A and B plan to collude in an economy for their similar products, which includes the grim strategy for punishment. They plan to set the price of their product at $8. The marginal cost of Firm A is $5 and Firm B is $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, which of the following situations would likely occur? A. Firm B reduces the price to $7 causing Firm A to exit the market. B. Firm B reduces the price to $7 causing Firm A to reduce its price to $7. C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50. D. Firm A reduces the price to $7 causing Firm B to exit the market.
Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
What are the three ways the argument section of a cover letter can be formatted
Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answer: customer loyalty
Explanation:
What kind of services do banks offer their customers?
The services most often provided include a variety of checking accounts, saving accounts, certificates of deposit, and loans, including car loans and home mortgages. Additional services may include safe deposit boxes and investment-related services.
Explanation:
4. Which statement best describes the relationship between the war during 1941 and 1944? A. In both years, the Germans are winning the war, making 1944 an urgent moment to surprise them. B. In 1941 the Germans were winning but in 1944 the Allies had dealt them many losses. C. In 1941 and 1944, the Allies were winning but not quite able to destroy the German army. D. In 1941, the Germans were better trained than the Allies are in 1944.
Answer:
B. In 1941 the Germans were winning but in 1944 the Allies had dealt them many losses.
Explanation:
In 1941, the German army was extremely successful and you could say that they were winning since most allied troops had suffered great losses. Germany was trying to expand and gain more territory. By 1944, the American army and the remains of the allied forces had almost defeated the German army and were already fighting in continental Europe.
An executive manager went to an important meeting. The secretary in the office receives a call from a person claiming that the executive manager is about to give an important presentation but the presentation files are corrupted. The caller sternly recommends that the secretary email the presentation right away to a personal email address. The caller also states that the executive is holding the secretary responsible for the success of this presentation. Which type of social engineering tactic would describe this scenario
Answer:
intimidation
Explanation:
Intimidation is intentional behavior in which the person fear to the other person or injury to the other person. Here the victim is to be considered for taking an actions
Since in the given question it is mentioned that the caller tell that the executive would be held responsible for the success of the presentation
So the given situation represent the intimidation scenario
The same would be relevant
A small open economy with perfect capital mobility is characterized by all of the following except that: A) its domestic interest rate always exceeds the world interest rate. B) it engages in international trade. C) its net capital outflows always equal the trade balance. D) its government does not impede international borrowing or lending,
A small open economy with perfect capital mobility is characterized by all of the following except that (A) its domestic interest rate always exceeds the world interest rate.
A country's open economy is a system that combines domestic and foreign trade by allowing the unrestricted flow of goods and services, as well as capital and labor, across borders. International trade, such as imports and exports, is important in an open economy, and it often contributes to the country's economic growth. A small open economy is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate. A small open economy is defined as a country that is open to trade and has a high degree of capital mobility. Open economies can trade with other countries, and there are no trade barriers, such as tariffs or quotas, between them.The perfect capital mobility definition: Capital mobility refers to the ease with which capital can be exchanged between two countries. When a country has unrestricted access to capital, it is said to have perfect capital mobility.
A small open economy with perfect capital mobility implies that the country is free to borrow or lend internationally without any constraints. The country's interest rate would be equivalent to the world interest rate in a perfect capital mobility setting. The interest rate in a small open economy with perfect capital mobility would not exceed the world interest rate.
Therefore, a small open economy with perfect capital mobility is characterized by all of the following except that its domestic interest rate always exceeds the world interest rate (option D).
Learn more about open economy here: https://brainly.com/question/29851441
#SPJ11
The boston consulting group (bcg) matrix is designed specifically to enhance which type of firm's efforts to formulate strategies?
The Boston consulting group (bcg) matrix is designed specifically to enhance which type of firm's efforts to formulate strategies the companies with more than one division.
The BCG's portfolio framework was intended to assist people and organization with choosing how to contribute utilizing specific boundaries.
The Matrix is divided into 4 quadrants in light of examination of market development and relative market share.
Dogs:- These items with low development or market share.
Question marks or Problem Child:- Products in high development markets with low market share.
Stars:- Products in high development markets with high market share.
Gold mines:- Products in low development markets with high market share.
To learn more about Boston Consulting Group Matrix
https://brainly.com/question/14971008
#SPJ4
tools - machinery - and infrastructure are classified under the resource category of
Tools, machinery, and infrastructure fall under the resource category in various industries and sectors. They are essential assets that enable the production, development, and maintenance of goods and services.
Tools, machinery, and infrastructure are vital resources that support economic activities across different sectors. In manufacturing, tools and machinery encompass a wide range of equipment, from hand tools to complex industrial machines, used in production processes. They play a crucial role in enhancing efficiency, precision, and output levels. Infrastructure refers to the physical structures and systems necessary for the functioning of a society, including transportation networks, power grids, communication systems, and buildings.
It provides the framework for economic activities by facilitating the movement of goods, services, and people. Well-developed infrastructure enables businesses to operate smoothly, connect with markets, and reach customers efficiently. Overall, tools, machinery, and infrastructure are key resources that contribute to economic growth, productivity, and development in various industries.
Learn more about category here:
https://brainly.com/question/30772545
#SPJ11
It has been suggested that the use of staffing technology and software is wrong because it dehumanizes the staffing experience, making it nothing but a mechanical process that treats applicants like digital widgets. Evaluate this assertion.
There is no doubt that staffing technology and software have revolutionized the recruitment process. With the help of these tools, recruiters can easily sift through a large pool of candidates, screen resumes, conduct interviews, and even perform background checks without ever having to meet the applicant in person. However, some argue that this reliance on technology has resulted in a dehumanizing staffing experience that treats applicants like mere digital widgets.
While it is true that staffing technology and software can sometimes make the process seem impersonal, it is important to note that these tools do not completely remove the human element from recruitment. A skilled recruiter will always be necessary to evaluate candidates, make final hiring decisions, and ensure that the process is fair and transparent. Furthermore, many staffing technologies are designed to improve the candidate experience by making it easier for them to apply for jobs and stay informed about their application status.
Moreover, staffing technology and software can actually enhance the human experience by providing recruiters with more accurate and comprehensive data on candidates. These tools can help recruiters identify the most qualified applicants, reduce the risk of bias, and make better hiring decisions overall. By eliminating manual tasks and streamlining the recruitment process, staffing technology and software can also free up recruiters to focus on building relationships with candidates and delivering a more personalized experience.
In conclusion, while it is true that staffing technology and software can sometimes seem mechanical and dehumanizing, this is not necessarily the case. When used appropriately, these tools can actually enhance the recruitment process by providing recruiters with better data, more efficiency, and the ability to focus on building relationships with candidates. It is up to recruiters to strike the right balance between technology and human interaction in order to create a positive and effective staffing experience.
to know more about technology here:
brainly.com/question/28288301
#SPJ11
Pete and Mason are shopping for Cheese-its for a class activity. They needed several boxes. Which prices give the better deal.
A. $1.25 per box
B. $5.50 for 3 boxes
c. Buy 1 at regular price ($3.50) and get one at 50% off
D. $2.75 per box and a coupon for $1.00 off
Answer:
I believe A. $1.25 per box would be the best deal.
Explanation:
This is because A is $1.25 per box,
B. is about $1.83 per box (5.50/3 divided by 3/3 = about 1.83/1)
C. Would be 1 box = $3.50, and the next $1.75 (which is still not less then just $1.25 per box)
and D. would be $2.75-$1 off = $1.75
Out of all of them, A is cheapest/gives the best deal.
Not sure if all calculations are correct, but I hope this helps! :)
When selling a product or service to a business, which two problem criteria are most influential to the buying decision? - Critical - Concealed - Conspicuous - Craving
When selling a product or service to a business, the two problem criteria that are most influential to the buying decision are critical and conspicuous. Correct options are A and C.
Critical problems are those that can significantly impact a business's operations or bottom line if left unresolved. These problems are usually urgent and require immediate attention. Therefore, if a product or service can help address a critical problem, it is likely to be of high value to the buyer.
Conspicuous problems are those that are visible and affect the perception of the business by its stakeholders. These problems may not have an immediate impact on the business's operations or bottom line, but they can damage the company's reputation if not addressed.
Therefore, if a product or service can help address a conspicuous problem, it can help the buyer maintain a positive reputation and image.
Concealed and craving problems are also important criteria, but they are not as influential as critical and conspicuous problems. Concealed problems are those that are not immediately apparent but can have a long-term impact on the business, while craving problems are those that the buyer desires but are not necessarily critical or urgent.
In conclusion, when selling a product or service to a business, it is important to focus on addressing critical and conspicuous problems to increase the likelihood of a successful sale.
Correct options are A and C.
To learn more about product click on,
https://brainly.com/question/14727409
#SPJ4
Analyse how the level of government intervention varies according to the type of
economic system countries operate.
Explanation:
in acapitalist economy, the government acts as regulatory and complementary body.
Developing marketing programs that reflect the unique aspects of different races is known as ______.
Multicultural marketing corresponds to the development of marketing programs that reflect the unique aspects of different races and cultures, to generate better communication with a specific group.
Functions of multicultural marketingEstablishing a more aligned and focused communication with ethnic groups and with more specific cultures than that exercised in a particular place, such as in relation to language, religion and specific traditions of a group.
Therefore, multicultural marketing increases the perception of groups not belonging to the general market, according to their cultural references to generate value and greater integration to these consumers.
Find out more information about multicultural marketing here:
https://brainly.com/question/9127104
I need an explanation about how to solve this questions (the way to solve the questions)
3. A 3-year bond with 12.000$ nominal value is issued with 14% coupon interest rate. If expected return from bond is 9%, find the value of bond.
4. What is the total amount of cash paid to
investor in 3rd year for the bond in Question 3?
5. If interest rates on the market fall by 2%, what will be new value of bond in Question 3?
6. If interest rates on the market increase by 5%, what will be new value of bond in Question 3?
To solve these questions related to bond valuation, you can use the present value formula and the bond pricing concepts. Here's how you can approach each question:
To find the value of the bond, you can use the present value of cash flows formula. The cash flows consist of periodic coupon payments and the final repayment of the bond's face value. The formula is as follows:
Value of Bond = PV(Coupon Payments) + PV(Face Value)
In this case, the bond has a 3-year maturity, a $12,000 face value, and a 14% coupon interest rate. The coupon payments will be $12,000 * 14% = $1,680 per year. The expected return from the bond is 9%, which will be used as the discount rate (required rate of return). You can plug these values into the present value formula to calculate the value of the bond.
The total amount of cash paid to the investor in the 3rd year includes both the coupon payment and the repayment of the bond's face value. Since the bond has a 3-year maturity, the 3rd year will be the final year. Therefore, you need to calculate the coupon payment for the 3rd year and add it to the face value of the bond ($12,000).
If interest rates on the market fall by 2%, the new discount rate (required rate of return) for the bond will be 9% - 2% = 7%. You can use this new discount rate to calculate the new value of the bond by following the same procedure as in question 3.
If interest rates on the market increase by 5%, the new discount rate for the bond will be 9% + 5% = 14%. Again, you can use this new discount rate to calculate the new value of the bond using the same formula as in question 3.
By applying these steps and using the appropriate formulas, you should be able to solve these questions and find the required values for the bond.
Learn more about cash: here-
https://brainly.com/question/735261
#SPJ4
Personal finance questions, answers in complete sentences please. Any help is appreciated :)
1. Define FICO score here: (What does a high or low score show? What is FICO abbreviation for?)
2. Can missing a payment on credit cards, check into cash loans, or rent payments affect your Credit Score? If yes, why?
3. Will credit pulls (hard pulls) affect your credit score?
4. Borrow as little as possible and pay it in full on time wil effect your credit score in what way?
5. Will staying under 30% of your credit limit help your credit score?
1. The FICO Score is used by lenders to make fast credit risk decisions
The abbreviation means Fair Isaac Corporation.
2. Missing a payment on credit cards, check into cash loans, or rent payments affect your credit score in a negative way.
3. A hard credit inquiry could lower your credit score by as much as 10 points
4. Borrow as little as possible and pay it in full on time wil effect your credit score in a positive way.
5. Yes. Staying under 30% of your credit limit help your credit score.
What is the credit score about?Lenders use the FICO Score to help them make accurate, dependable, and timely credit risk decisions throughout the customer lifecycle. The credit risk score ranks consumers based on their likelihood of meeting their credit obligations on time.
On-time payments are the most important factor influencing your credit score, so missing a payment can be painful. If you have otherwise perfect credit, a payment that is more than 30 days late can reduce your credit score by up to 100 points. If your score is already low, it will have less of an impact but will still cause damage.
Most experts advise keeping your total credit card utilization under 30%. Lower credit utilization rates indicate to creditors that you can use credit responsibly without overusing it, so a low credit utilization rate may be associated with higher credit scores.
Learn more about credit score on:
https://brainly.com/question/2609368
#SPJ1
PLEASE SHOW WORKINGS, THANK YOU!!!!!!
1. Reversing Rapids Co. purchases an asset for $123,549. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20.00%, 32.00%, 19.20%, and 11.52% respectively. Reversing Rapids has a tax rate of 30%. The asset is sold at the end of year 4 for $14,380.
Calculate After-Tax Cash Flow at disposal. Round the answer to two decimals.
Your Answer:
2. Reversing Rapids Co. purchases an asset for $101,578. This asset qualifies as a five-year recovery asset under MACRS. The five-year expense percentages for years 1, 2, 3, and 4 are 20.00%, 32.00%, 19.20%, and 11.52% respectively. Reversing Rapids has a tax rate of 30%. The asset is sold at the end of year 4 for $12,116.
Calculate After-Tax Cash Flow at disposal. Round the answer to two decimals.
Your Answer:
For Reversing Rapids Co., the after-tax cash flow at disposal is $13,034.77 for the first asset sold at the end of year 4 and $11,142.05 for the second asset sold at the end of year 4. These calculations take into account the purchase price, MACRS depreciation, tax rate, salvage value, and sale price, resulting in the after-tax cash flow at disposal.
1. The after-tax cash flow at disposal for Reversing Rapids Co. is calculated using the following steps:
a) Calculating the depreciable basis of the asset.
Depreciable basis = Purchase price - Salvage valueDepreciable basis = $123,549 - $14,380Depreciable basis = $109,169b) Calculating the depreciation expense for each year.
Year 1 depreciation = Depreciable basis x Year 1 expense percentageYear 1 depreciation = $109,169 x 20.00% = $21,833.80Year 2 depreciation = Depreciable basis x Year 2 expense percentageYear 2 depreciation = $109,169 x 32.00% = $34,894.08Year 3 depreciation = Depreciable basis x Year 3 expense percentageYear 3 depreciation = $109,169 x 19.20% = $20,981.28Year 4 depreciation = Depreciable basis x Year 4 expense percentageYear 4 depreciation = $109,169 x 11.52% = $12,595.74c) Calculating the accumulated depreciation.
Accumulated depreciation = Year 1 depreciation + Year 2 depreciation + Year 3 depreciation + Year 4 depreciationAccumulated depreciation = $21,833.80 + $34,894.08 + $20,981.28 + $12,595.74Accumulated depreciation = $90,304.90d) Calculating the adjusted basis.
Adjusted basis = Depreciable basis - Accumulated depreciationAdjusted basis = $109,169 - $90,304.90Adjusted basis = $18,864.10e) Calculating the gain or loss on disposal.
Gain or loss = Sale price - Adjusted basisGain or loss = $14,380 - $18,864.10Gain or loss = -$4,484.10 (Loss)f) Calculating the tax on the gain or loss.
Tax on gain or loss = Gain or loss x Tax rateTax on gain or loss = -$4,484.10 x 30%Tax on gain or loss = -$1,345.23g) Calculating the after-tax cash flow at disposal.
After-tax cash flow at disposal = Sale price + Tax on gain or lossAfter-tax cash flow at disposal = $14,380 - $1,345.23After-tax cash flow at disposal = $13,034.77Therefore, the after-tax cash flow at disposal for Reversing Rapids Co. is $13,034.77.
2. The after-tax cash flow at disposal for Reversing Rapids Co. is calculated using the following steps:
a) Calculating the depreciable basis of the asset.
Depreciable basis = Purchase price - Salvage valueDepreciable basis = $101,578 - $12,116Depreciable basis = $89,462b) Calculating the depreciation expense for each year.
Year 1 depreciation = Depreciable basis x Year 1 expense percentageYear 1 depreciation = $89,462 x 20.00% = $17,892.40Year 2 depreciation = Depreciable basis x Year 2 expense percentageYear 2 depreciation = $89,462 x 32.00% = $28,707.84Year 3 depreciation = Depreciable basis x Year 3 expense percentageYear 3 depreciation = $89,462 x 19.20% = $17,181.24Year 4 depreciation = Depreciable basis x Year 4 expense percentageYear 4 depreciation = $89,462 x 11.52% = $10,318.02c) Calculating the accumulated depreciation.
Accumulated depreciation = Year 1 depreciation + Year 2 depreciation + Year 3 depreciation + Year 4 depreciationAccumulated depreciation = $17,892.40 + $28,707.84 + $17,181.24 + $10,318.02Accumulated depreciation = $74,099.50d) Calculating the adjusted basis.
Adjusted basis = Depreciable basis - Accumulated depreciationAdjusted basis = $89,462 - $74,099.50Adjusted basis = $15,362.50e) Calculating the gain or loss on disposal.
Gain or loss = Sale price - Adjusted basisGain or loss = $12,116 - $15,362.50Gain or loss = -$3,246.50 (Loss)f) Calculating the tax on the gain or loss.
Tax on gain or loss = Gain or loss x Tax rateTax on gain or loss = -$3,246.50 x 30%Tax on gain or loss = -$973.95g) Calculating the after-tax cash flow at disposal.
After-tax cash flow at disposal = Sale price + Tax on gain or lossAfter-tax cash flow at disposal = $12,116 - $973.95After-tax cash flow at disposal = $11,142.05Therefore, the after-tax cash flow at disposal for Reversing Rapids Co. is $11,142.05.
To know more about MACRS depreciation, refer to the link:
https://brainly.com/question/30766116#
#SPJ11