This is not true. You cannot eliminate negative parts of your credit score by closing accounts that are overdue.
How are negative parts eliminated from a credit score?When a person makes late payments on their credit account, this report is going to remain on their report for a period of about 7 years.
If the person goes ahead to close the account before this period, it still would not remove the late payment.
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A land grant university has upgraded its Course Management System (CMS), integrating the system throughout all of its main campus and branch campuses around the state. It has purchased a set of 15 servers and peripherals for needs associated with the CMS. The total cost basis is $120,000 and expected use will be 5 years, after which it will have no projected value. Calculate the depreciation deduction and book value for each year
The depreciation deduction and the book value each year using the straight line method is
Year Depreciation deduction Book value
1 $24,000 $96,000
2 $24,000 $72,000
3 $24,000 $48,000
4 $24,000 $24,000
5 $24,000 0
What is the depreciation expense?Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
120000 / 5 = $24,000
Depreciation expense each year would be $24,000
Book value = cost of the asset - accumulated depreciation
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The west coast of scotland has a warmer and more stable climate than areas at equal latitudes but further inland. It is also much warmer than areas of equal latitude in canada. What can account for these temperature differences at equal latitudes? check all that apply.
One of the factors that can account for the temperature differences at equal latitudes is the location if one is on the coast and the other, inland.
What is Climate?This refers to the long-term weather condition of a geographical area.
Hence, we can see that because the west coast of Scotland has a different climate from that of inland Scotland even though they have equal latitudes, this is because one is located on the coast and the other, inland.
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day trading, and how is it different from the more traditional approach to investing?
7. How much profit (if any) wóżld Clay Sorensen make if he short-sold 300 shares of a stock at $100 a
share and the price of the stock suddenly tumbled to $70?
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Day Trading requires that position are opened and closed in one day after the purchase of securities, while traditional approach is investing in an asset that is known
Day TradingWe have higligted above about the disimilarities between Day trading and and Traditional investment.
Short-position
Number of Shares = 300
Price Entry = $100
Price Exit = $70
Profit = (Cost Price - Selling price)/Number of Shares
Profit = (300*100 - 300*70)/30
Profit = 30000-21000/30
Profit = 9000/30
Profit = $30
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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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The activity that causes the service department's cost should be the basis for assigning ______ costs to operating departments.
The activity that causes the service department's cost should be the basis for assigning actual costs to operating departments.
What is cost allocation?Cost allocation refers to assigning of a cost to several cost objects such as products or departments.
It also the of process of identifying cost objects and assigning costs for financial reporting.
Hence, the activity that causes the service department's cost should be the basis for assigning actual costs to operating departments.
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Scenario Creekside Robotics Corp. provides free lunch to its employees every day. The work environment is informal and friendly, which allows everyone to get to know each other. The company also holds a recreational event the last weekend of every month. Although the employees are all satisfied with these practices, the company implements a new incentive scheme to give cash rewards to employees who perform well. The company's goal is to keep its employees motivated.Which of the following needs is Creekside Robotics Corp. satisfying by providing a friendly work environment where everybody gets to know each other?
A. self-actualization
B. ego
C. social
D. safety and security
E. physiological
The social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment where everybody gets to know each other.
What is a social needs?This is a need that include friendship, affection, belonging, love etc.
In a workplace, when the physiological and safety needs are well satisfied, then, the employees will be motivated to work effectively.
Therefore, the social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment
Therefore, the Option C is correct.
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During which time period was the annual rate of increase of the speed the greatest? a) from year 1 to year 2 b) from year 1 to year 3 c) from year 1 to year 4 d) from year 1 to year 5
The annual rate will increase with the greatest speed from year 1 to year 3.
What is the growth rate?A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.
The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.
From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.
From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.
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ICD-10-CM codes translate _____ of services provided from verbal and narrative descriptions to nationally accepted reporting standards.
ICD-10-CM codes translate medical necessity of services provided from verbal and narrative descriptions to nationally accepted reporting standards.
According to your book, path-goal leadership most directly incorporates ______ theory to motivate others. Group of answer choices
In the book, it is shown that the path-goal leadership most directly incorporates the expectancy theory in other to motivate others.
What is the path goal leadership theory?The theory explains that a leader's behavior is dependent on the satisfaction, motivation or performance of their employees.
Hence, this leadership style most directly incorporates the expectancy theory in other to motivate others because the success of the team depends on the behavior and perfomance of others.
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When a recession is caused by a negative AD shock, we would expect inflation to _______________ and unemployment to _______________.
Answer:
The answer is fall and rise
Explanation:
Hope this helps:)...if not then sorry for wasting your time and may God bless you:)
The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
Answer:international trade: trade between individuals
Explanation:
I got it right
A decrease in Inventory will be ______ net income when determining net cash flow provided by ______ activities on the statement of cash flows. Multiple choice question. added back to; operating
A decrease in Inventory will be added back to net income when determining net cash flow provided by operating activities on the statement of cash flows.
Does inventory influence net cash flow?Inventory is known to bring about cashflow and as such, an increase in inventory goods will be seen as a negative amount found in the cashflow statement, showing cash outlay.
Note that in the use of the indirect method to report cash flows from operating activities, a decrease in the inventory account will be added back to net income to be able to come to the net cash flow that is given by operating activities.
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What is a good place to keep financial records stored?
a. safety deposit box
b. personal computer
c. filing cabinet in your home office
d. all of the above
e. none of the above
Answer:
place in an office cabinet which can be closed
According to the Reaching Beyond Our Borders box, one way German companies are remaining competitive in industrial jobs is Multiple Choice they rely solely on robotic technology and no longer use a human workforce. they implement apprenticeships to provide on-the-job education for young workers. they send all of their manufacturing work to China. they encourage students to leave school to take manufacturing jobs.
According to the information, it can be inferred that German companies are competitive because they implement apprenticeships to provide on-the-job education for young workers (option B)
What is on-the-job education?On the job education is an educational method focused on improving the production processes and operation of a company. This method is implemented to increase the quality of all the processes required in the production chain of a company.
The on job education method is generally focused on young employees because they do not have previous experience. Additionally, they are offered education so that they can grow professionally and at the same time contribute better quality to the company.
Note: This question is incomplete because the graph is missing. However I can answer it based on my general knowledge.
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How can a company limit bad debts?
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How can a company limit bad debts?
• Answer •Filter your customers. Not all customers are good for your business.Require up-front payments.Set reasonable credit limits.Provide clear payment terms and penalties.lmprove your accounting.Implement strict collection procedures.Use cloud-based software for debt collection.Answer:
The best way of controlling bad debts is not to provide credits to everyone. As more amount of credit will be given to the people, the risk of bad debts will increase. The funds left should be used for the development of the company.
Explanation:
hope it helps :)
pls mark brainleist :P
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Tori
Ella has a degree in food services management and early childhood education. What company might be interested in hiring Ells?
A. A government office looking for a security guard
B. A nursery school looking for a dietitian
C. A police department in need of an animal control officer
D. A state senator in need of an executive assistant
Answer: B. a nursery school looking for a dietician
Explanation:
Because Ella has knowledge about food so she'd be a good dietician
If the ________ cost of production for two goods is different between two countries then mutually beneficial trade is possible.
If the opportunity cost of production for two goods is different between two countries then mutually beneficial trade is possible.
What is opportunity cost?Opportunity cost is an economist term for expressing cost in terms of foregone alternative.
It is the benefits of second best alternatives (when the first best is chosen) or alternative use of something, which is not decided on (the cost of not using land for farming and using it for building a house instead).
Hence, If the opportunity cost of production for two goods is different between two countries then mutually beneficial trade is possible.
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Explain how credit card companies make money on their cards. what is a credit card issuer?
A credit card issuer is an unsecured creditor that makes money by charging and collecting fees for transactions made with a credit card.
How does a credit card issuer earn money?The credit card issuer is the one who grants credit to the consumer based on the holder's market credibility. He is an unsecured creditor because no collateral can be recovered if the cardholder defaults.
The following are some of the ways that card issuers make money from their cards:
Interest is charged when a credit amount is not paid on time.Charging merchants a fee for accepting credit card paymentsFees charged by payment gatewaysCharges for cash withdrawalsAs a result, the methods through which a credit card issuer or company earns money is in the ways as aforementioned above.
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Answer:
Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.
Explanation:
its the sample response
Market failure describes a situation in which the market itself ______________________ in a way that balances social costs and benefits. Group of answer choices fails to allocate resources efficiently remains outside the transaction avoids externalities incurs the costs outside the production process
When there is market failure, it means that the market itself fails to allocate resources efficiently between social costs and benefits.
What causes market failure?Market failure happens when the market does not balance its social costs and benefits efficiently.
For instance, the costs might outweigh the benefits which leads to losses and so a market failure would occur.
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Future costs and benefits that do not differ between alternatives are ______ costs to the decision-making process.
Any form of future costs and benefits that do not differ between alternatives are seen as irrelevant to the decision-making process.
What is a decision making process?This is a process undergone to in making rational choices on a decision thorugh gathered information, and alternative resolutions.
The future costs and benefits that do not differ between alternatives are considered irrelavant to decision making because decision need to be made between choices, whereas, this cost or benefit does not offer that.
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What are three takeaways you learned from playing Money Magic that will help you when you create your own budgets in the future? Be specific.
Playing money magic will help one create their own budgets because:
It shows how to balance expenses. It shows how to account for revenue. Teaches how to save while still maintaining good spirits. What does Money Magic teach you?It teaches the player how to balance expenses when the players have to pay for gas and the cost of shows. Players also learn how to account for, and manage revenue as they raise the money required for the trip.
Budgeting also has to be done in such a way that the person does not become unhappy in the budgeting process which is what players learn from having to manage Enzo's moods.
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Answer: Playing money magic will help one create their own budget because:
It shows how to balance expenses.
It shows how to account for revenue.
Teaches how to save while still maintaining good spirits
Projects ___ when every trade is not on the same page on everything from scheduling to installations.
Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations.
What is project?A project is task or assignment that is given or done to achieve a specified results.
Projects are result oriented and time bound. It can be done individually or a s a group working together in an organization or firm.
Therefore, Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations
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It is well known that Pactronic LLC is the premier manufacturer of Pacmen. At Pactronic LLC, quality control is currently done manually -- a group of scientists decide whether a Pacman is ready to be released into the wild based on (Feature (A)) a Pacman's intelligence score and (Feature (B)) a Pacman's empathy score. Here are many examples of Pacmen that have been released and withheld in the past. Each dot corresponds to a Pacman, and responds to the following question as true or false: this Pacman is ready to be released
Quality control in Pactronic LLC is done manually making use of both Pacman's intelligence score and Pacman's empathy score to assess the quality of the products.
What is Quality Control?This refers to the process or system whereby already existing standards are tested and reviewed.
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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If material, separate categories of property and equipment should be disclosed in the notes to the financial statements. What category of Dollar General’s property and equipment is the largest at the end of fiscal year 2020 (ending 1/29/2021)?
Based on the financial statements of Dollar General, the largest category of property and equipment is Furniture, fixtures and equipment.
What is the largest category for property and equipment?The financial statements are not given for the year 2020 but based on the financial statements for fiscal year 2019, Furniture, fixtures and equipment have the largest balance of the Property and Equipment assets.
Out of the total net property and equipment, Furniture, fixtures and equipment account for a pre-depreciation balance of $3,298,594,000 which makes it the largest category.
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Aaliyah has been asked to do research in a new payment system for the retail stores that her company owns. Which technology is predominately used for contactless payment systems that she will investigate?.
After reviewing the project scope statement, the owner specifies that costs MUST stay within $400,000. This criterion is classified as
The criterion where costs must remain at a certain level according to the owner or investments is called a Constrained criterion.
What is a constrained criterion?This is a requirement in a project scope statement that limits the costs to a certain level.
In this scenario, there is a requirement that costs should not go beyond $400,000 which means tha there is a limit to the cost in the project.
This is therefore a constrained criterion.
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94.0% complete Question Cecilia and Landon DeFee purchased their primary residence in North Carolina this year, but still maintain a vacation property in the Smokey Mountains. Their home in N. Carolina was purchased for $450,000, and they paid $22,349 in interest the first year. The vacation property was purchased 5 years ago for $300,000 and they paid $14,795 in interest this year. The couple has no other itemized deductions. What is the mortgage interest deduction for Cecilia and Landon
The mortgage interest deduction for Cecilia and Landon for the year is $37,144.
What is mortgage interest deduction?Taxpayers, like Cecilia and Landon DeFee, who own their homes on mortgages, can reduce their taxable income by the amount of interest paid.
The loan must be secured on their property and should not exceed $750,000 for married couples filing jointly or $375,000 for each couple filing separately.
Data and Calculations:Primary Residence Vacation Property Total
Mortgage for property $450,000 $300,000 $750,000
Interest paid $22,349 $14,795 $37,144
Thus, the mortgage interest deduction for Cecilia and Landon for the year is $37,144.
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For both academics and practitioners, the pendulum has swung over to the _______ for estimating the cost of equity capital.
For both academics and practitioners, pendulum has swung over to the capital asset pricing model for estimating the cost of equity capital.
What is capital asset pricing model?The capital asset pricing model serves as model that show the financial markets price securities and thereby determine expected returns on capital investments.
Therefore, this model provides a way for estimating the cost of equity capital.
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Grid tools & hardware company is subject to a decision by the consumer product safety commission. Opposed to the decision, grid tools wants a court to review it. First, however, the firm must use all of the potential administrative remedies. This is.
The use of all of the potential administrative remedies when opposed to the decision of a consumer product safety commission is called the exhaustion doctrine.
What is an exhaustion doctrine?An exhaustion doctrine is also referred to as the first sale doctrine and it can be defined as a U.S. common law or legal principle which states that a plantiff must exhaust all possible administrative remedies before it can obtain judicial review from a court of competent jurisdiction.
This ultimately implies that, the exhaustion doctrine involves the use of all of the potential administrative remedies when opposed to the decision of a consumer product safety commission prior to obtaining judicial review from a court of competent jurisdiction.
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Andy Benton works at the local Starbucks coffee shop and his responsibilities include taking orders, fulfilling orders, and ringing in sales. At what level of the organizational pyramid would you categorize Andy
Andy is going to be categorized in the operational aspect of the organizational pyramid.
What is an organizational pyramid?This is the hierarchy that is knwon to exist in an organization. This would have the company executives at the top of the pyramid.
Other workers in the organization would be at the other parts of the pyramid.
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