The given statement is true that using the debit card responsibly will increase your credit score slightly, but less than using a credit card will.
What is credit card?A credit card is a payment card that is issued to users to inform them of their need to pay a merchant for goods and services based on their outstanding debt.
The credit score will rise slightly if a holder of a card use the debit card responsibly, but not as much as if you use a credit card.
Using of credit Card will increase the credit score, by demonstrating how you manage credit on a regular basis, credit cards are one of the finest strategies to establish credit and enhance your credit scores.
Therefore, the given statement is true.
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What term best describes contractual agreements that restrict the use of land, ostensibly in order to preserve the value of adjacent land or a neighborhood
In law, a restrictive covenant is the arrangement that generally restricts use of land in order to preserve the value of adjacent land or a neighborhood.
What is a restrictive covenant?In an agreement, a restrictive covenant is a kind of condition that confers a restriction, limits or prohibition on the actions of someone named in an enforceable agreement.
In conclusion, these covenant in law is such arrangement that restricts a use of land in order to preserve the value of adjacent land or a neighborhood.
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Sand Key Development Company has a capital structure consisting of $20 million of 10% debt and $30 million of common equity. The firm has 500,000 shares of common stock outstanding. Sand Key is planning a major expansion and will need to raise $15 million. The firm must decide whether to finance the expansion with debt or equity. If equity financing is selected, common stock will be sold at $75 per share. If debt financing is chosen, 7% coupon bonds will be sold. The firm's marginal tax rate is 34%. Determine the level of operating income at which Sand Key would be indifferent between debt financing and equity financing
The level of operating income at which Sand Key would be indifferent between debt financing and equity financing is: $5,675,000.
Indifferent between debt financing and equity financingFirst step
Number of new shares to be issued = 15,000,000/75
Number of new shares to be issued = 200,000 shares
Total number of shares if equity is issued =500,000+200,000
Total number of shares if equity is issued =700,000 shares
Second step
Total interest expense under Debt option=[(20,000,000×10%)+(15,000,000×7%)]
Total interest expense under Debt option=2,000,000+1,050,000
Total interest expense under Debt option=3,050,000
EPS under Equity option =(EBIT-2,000,000)×(1-0.34)/700,000
EPS under Equity option =(EBIT-2,000,000)×0.66/700,000
EPS under Debt option =(EBIT-3,050,000)×0.66/500,000
Third step
Indifference level operating income (EBIT)
(EBIT-2,000,000)×0.66/700,000 = (EBIT-3,050,000)×0.66/500,000
Solve for EBIT:
5×(EBIT-2,000,000) = 7×(EBIT-3,050,000)
2×EBIT = 7×3,050,000-5×2,000,000
2×EBIT=21,350,000-10,000,000
2×EBIT=11,350,000
EBIT =11,350,000/2
EBIT=$5,675,000
Therefore the level of operating income at which Sand Key would be indifferent between debt financing and equity financing is: $5,675,000.
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A 3 year annual coupon bond has coupons of 10 per year starting 1 year from now and matures in 3 years for amount 100. The YTM for the bond is 11.8% effective annual. Find the macaulay duration for the bond
The information given shows that the macaulay duration for the bond will be 2.73.
How to calculate the macaulay duration?From the information, the annual coupon bond has coupons of 10 per year starting 1 year from now and matures in 3 years for amount 100 and the YTM for the bond is 11.8% effective annual.
The Macaulay duration for the bond will be:
= [3 × 100(1/1.18)³ + 10(1/1.18) + 2(1/1.18)² + 3(1/1.18)³] / [100(1/1.18)³ + 10(1/1.18) + (1/1.18)² + (1/1.18)³]
= 261.1/95.7
= 2.73
The macaulay duration for the bond is 2.73.
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A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy:.
A depreciation of the u. S. Real exchange rate induces u. S. Consumers to buy more domestic goods and fewer foreign goods.
What is depreciation?This is a term that is used to refer to the fall in the value of a currency. It is a fall in the currency of a country compared to that of other currencies.
At a time where there is a depreciation, people would want to buy more of the goods that are made in their country.
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Grants are typically awarded based on
Answer:
Grants are awarded based on Demonstrated Financial Need. Demonstarted Financial Need is based on the cost to attend college as well as how much the family will contribute.
__________________________________________________________
Questions?Ask in the comments box.
________________ economists place an emphasis on __________ run economic performance.
Neoclassical economists place an emphasis on Long run economic performance.
What is Neoclassical economics?Neoclassical economics is a type of economics that focuses on the amount of goods and services that is demanded to produce.
This theory believes that without quantity demanded, production of goods cannot be possible.
Therefore, Neoclassical economists place an emphasis on long run economic performance.
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If the price elasticity of supply for pickles is 2 and the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by
If the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by 20%.
Increase in quantity suppliedUsing this formula
Increase in quantity supplied=Price elasticity of supply for pickle×Increase in price of pickles
Let plug in the formula
Increase in quantity supplied=2×10%
Increase in quantity supplied=20%
Therefore If the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by 20%.
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What effect did the cotton gin have on the south’s economy?.
In an interview, a tough question _____. a. may show the interviewer how you think under pressure b. may be designed to rattle you c. may have no right answer d. all of the above
Most time, the tough question in an interview may:
show the interviewer how one thinkbe designed to rattle youhave no right answerWhat is a tough question?This means a question that are structured in a complicated way to confused the respondent during an interview
Therefore, the Option D is correct.
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In order to gauge attitudes about reports that its beef was barely meat, Taco Bell encouraged consumers to call a toll-free phone line and leave feedback. Taco Bell used _____ to measure public attitude.
By encouraging consumers to call a toll-free phone line and leave feedback about their products, Taco Bell used opinion sampling to gauge public attitude.
What are the advantages of opinion sampling?Through this telephone survey technique, TacoBell achieves faster completion of the survey, as well as being a more flexible and emotional method of identifying public attitudes.
Therefore, an opinion sampling is an effective way for a company to identify the perception in relation to its products and services, as well as to strengthen the relationship with the consumer.
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Retrenching to a narrower diversification base is Group of answer choices a strategy that allows a diversified firm's energies to be concentrated on building strong positions in a smaller number of businesses rather the stretching its resources and managerial attention too thinly across many businesses. Sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation. A strategy best reserved for companies in poor financial state. An attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit. Usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth
Retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company.
What is diversification?It should be noted that diversification simply means an investment strategy that's used to reduce risk in business.
In this case, retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.
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Explain the differences and similarities between compound interest (for money saved) and compound growth (for money invested).
The similarities between compound interest and compound growth is that both are important for one to grow his money.
What is compound interest?It should be noted that compound interest simply means the addition of interest to the principal sum money.
The similarity between compound interest and compound growth is that both are important for one to grow his money.
The difference is that compound growth calculates the gains based on the added result from the prior period.
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How is capital deepening related to economic growth?
Capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
What is capital deepening?Capital deepening simply means the increase in the proportion of the capital stock in relation to the number of labor hours worked.
In this case, capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
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C. this year casey made a gift worth $16.8 million to stephanie. casey is married to helen in a common-law state, and the 2010 gift was the only other taxable gift he or helen has ever made. casey and helen elect to gift-split
Casey and Helen both give and receive gifts that can be taxed, so according to their common-law state, they would have to find out which of the gifts are taxable.
What is Gift Tax?This refers to the federal tax which is levied on a taxpayer who makes a gift of either money or property to someone and is between 18-40%.
Hence, it can be noted that gift taxes are made on any valuable property which is given to another person, regardless of whether the person considers it as a gift.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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Understanding how artificial intelligence, big data, and collaborative computing will impact your organization is the challenge of managing for:.
There is management of technological advances when we need to understand how artificial intelligence, big data and computing impact the firm.
What is a technological advances?These mean the process of invention, innovation and diffusion of technology in a firm.
These are important to understant to help make decision that will improve use of tachnology in a firm.
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explain which government does not truly get to decide how to spend all the money in its budget
The government who has not received the approval of the budget from the legislators.
What is government spending?Government spending includes expenses incurred by the government expenditure on consumption such as food, investment, and transfer payments.
It includes the federal, state, and local governments' expenses.
Therefore, The government who has not received the approval of the budget from the legislators.
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Larue buys an ipod for $150 and a new laptop for $1,200, and signs a one-year employment contract for a $4,800 monthly salary to start at the beginning of the next month. The statute of frauds covers.
As an employee, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.
What is a statute of fraud?This statute is a concept that maintains that some types of contracts need to be executed in writing.
This statutse are used for contracts for the sale of land, agreements involving higher worth of goods, contracts lasting one year etc
In conclusion, in this case, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.
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if the economy is in long-run equilibrium at potential output and the money supply ______ then in the long run, prices will decrease and output will ___ g
If the economy is in long-run equilibrium at potential output and the money supply increases, then in the long run, prices will increase and output will remain the same.
What is a long-run equilibrium?This means the situation where all markets are in equilibrium and all the prices & quantities therein have been fully adjusted and in equilibrium.
Therefore, the word "increase" and "remain the same" is correct.
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In what way can using a credit card be like getting an interest free loan?.
Using a credit card is similar to an interest free loan because it allows to pay ones balance off before one's card's introductory offer ends.
What is credit card?A credit card serves as a card that allows cardholders to borrow funds and it is been issued by bank or financial services company.
This card is similar to having interest free loan because one can actually pay off a parti balance before the end of a card's introductory offer.
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How has tesla’s strategic position changed since it was founded in 2003
Tesla's strategic positioning has changed since 2003 from a pricey all-electric vehicle to a more inexpensive one to appeal to many customers.
What is strategic positioning?Strategic positioning refers to the choices a company makes concerning the values it creates, including how that value will be created differently than its competitors.
Every strategic positioning aims to compare, differentiate, and segment the market and competitors' strategies.
Thus, Tesla's strategic position has changed drastically since it was founded in 2003 from being a pricey all-electric vehicle to selling more inexpensive vehicles that appeals to a wider customer range.
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Stockholders’ equity consists of which of the following? Multiple Choice Long-term assets. Paid-in (or contributed) capital and retained earnings. Paid-in (or contributed) capital and par value. Retained earnings and cash. Premiums and discounts.
Stockholders’ equity consists of B. Paid-in (or contributed) capital and retained earnings.
What is stockholders' equity?The stockholders' equity can be computed as the addition of Paid-up capital, Additional Paid-in Capital, Retained Earnings, and minus Treasury Stock.
Alternatively, it can be computed as the difference between total assets and total liabilities.
Thus, Stockholders’ equity consists of B. Paid-in (or contributed) capital and retained earnings.
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Which is not considered a risk management responsibility of the venue manager as they seek to minimize the risks in the event environment of their venue
The merchandise copyright insurance is a policy that will not be considered as a risk management responsibility of the venue manager.
What is a venue manager?These are manager that basically oversee the activities, employees and business associated with a concert facility.
The event certificate of insurance, proper contract administration, and Emergency and crisis management planning will be considered as a risk management responsibility when they seek to minimize the risks in the event environment of their venue.
Therefore, the Option C is correct.
Missing options "Event certificate of insurance, Proper contract administration, Merchandise copyright insurance, Emergency and crisis management planning"
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The process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called ________.
The process through which analysts sift through massive amounts of available data to identify unique patterns is called data mining.
What is data mining?Dta mining is the generation of new information by examining large databases that are already in existence.
In data mining, raw data will be eventually turned to useful information which will be used to increase sales, develop marketing strategies, and decrease costs.
Hence, the process through which analysts sift through massive amounts of available data to identify unique patterns of behavior among different customer groups is called data mining.
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What is the purpose of the personal financial planning units within a bank? (select all that arwhelp people manage their moneyu provides comprehensive training to bank employeesincrease bank profitsmacustomer retention
Which manufacturing company has the comparative advantage for car parts? company a company b company c company d
The company C that produces at $10 Per hour and $10 per hour respectively is the company that has the comparative advantage for prodution of car parts.
What is a comparative advantage?A comparative advantage refers to an advantage possessed by a firm who spend lesser than it's rivals on production.
Hence, the company C that produces at $10 Per hour and $10 per hour respectively is the company that has the comparative advantage for prodution of car parts
Therefore, the Option D is correct.
Missing word "Manufacturing Company Truck Parts Car Parts
Company A 10 per hr. 20 per hr.
Company B 10 per hr. 25 per hr.
Company C 15 per hr. 15 per hr.
Company D 20 per hr. 25 per hr.
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Answer:
Company B has the advantage for more car parts
Explanation:
Just took the test :)
