Answer:
30%
Explanation:
Credit utilization can be regarded as the percentage of the total credit that individual is utilizing. It's financially advisable to keep the credit utilization ratio in order to have a good credit score.
To calculate credit utilization rate;
✓ one need to know the information about one credit account.
/✓Then divide the total balance by the total credit limit
✓then multiply by 100
For instance if the total balance is $5000 and total credit limit is $25000 then the credit utilization ratio is ($5000/$25000)×100%
= 20%
Whenever the credit utilization ratio is
higher than 30% it will bring about the decrease of credit score, as a result of this , the lender can be worried because he/she may think the ratio is overextended, and paying back new debt might not be easy.
Therefore, with general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%
Answer- 30 percent
Explanation: In A general rule of thumb is to keep credit utilization below 30%, But when we study in FICO found that “high-achievers” consumers with credit scores 750 and above also use less than 10% of their total available credit limit. You can aim to keep your credit utilization rate as low as possible in order and avoid hurting your credit score, but not compulsory as low as 0%.
Let take the example and calculate the credit utilization rate 3 cards are card (A), card (B), and card (C)Your credit utilization is influenced by three main factors are:First, you have to the opening or closing of the account.Then second-factor balance and the credit limit on your accounts.Then the last factor multiplies by 100.Card A : $250 , $2,000
Card B : $750 , $6,000
Card C : $3,000 , $12,000
Total : $4,000, $20,000
If divide your total balance ($4,000) by your total credit limit ($20,000). Then, multiply by 100 to get the percentage. To get find your utilization rate,answer will be : $4,000 / $20,000 = 0.2 x 100 = 20%
Therefore, the general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%Learn more about the general rule of thumb
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if you could redo any event from your life, what would it be?
Answer: being dumb don't ask why :-D
You start a new business selling a product thats the best of its kind on the market. In addition to this product, what must you have to be successful?
Answer:
A. Good marketing
Explanation:
Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.
A company that sells a product that is the best of its kind on the market, must invest in an effective strategy so that the product is known to consumers, is competitive and correctly distributed. The five p's of marketing can be a good strategy to correctly position the product on the market, as it involves strategic development for the product, price, promotion, place and people.
Marit Brunsell deposited $50,000 at Bank of America at 8% interest compound quarterly. What is the effective rate (APY) to the nearest hundredth percent?
Answer:
EAR = 8.24%
Explanation:
EAR = (1+APR/n)^n-1
Where n is number of compounding per year = 4
EAR = (1+8%/4)^4 - 1
EAR = (1 + 0.02)^4
EAR = (1.02)^4
EAR = 1.08243216 - 1
EAR = 0.08243216
EAR = 8.24%
..................................................................................................................................................................................................is ......................................................................................................................................................................... anyone here
Answer:
yuh :)
Explanation:
Is cereal soup or no?
Answer:
no its a candy acid
Explanation:
IS THE BRAIN REAL? BRAINLIEST FOR BEST ANSWER
Answer:
yuh
Explanation:
21 100% right
Explanation:
Which of the following elements are included on the hierarchy of hazard control?
Select all that apply.
Implementing engineering controls
Eliminating hazards
Substituting hazards
Implementing administrative controls
Selecting and using PPE
The components that are included in the hierarchy of hazard control would be:
A). Implementing engineering controls
B). Eliminating hazards
C). Substituting hazards
D). Implementing administrative controls
E). Selecting and using PPE
The hierarchy of hazard control consists of five steps:
Elimination.Substitution.Engineering controls.Administrative controls.Personal Protective Equipment.As per the question, all the given components are included in the various levels of hazard control.
The elimination stage aims to remove all the potential hazards while substitution involves replacing the threats with a safer alternate. While engineering controls and PPE refer to the administration of protective layers for safeguarding the workers from any dangers. The administrative controls involve alteration in the process for work, training, supervision, etc. so that the dangers can be minimized.Learn more about 'Hierarchy of hazard control' here:
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what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
QUESTION 6 of 10: Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire?
Answer:
21 security workers
Explanation:
Calculation for how many security workers that was hire
First step is to calculate the amount earned by each employee
Amount earned=80 hours x $14
Amount earned=$1,120
Last step is to calculate how many security workers that was hire
Using this formula
Numbers of Security hired=Security workers labor cost /Amount earned
Let plug in the formula
Numbers of Security hired=$23,520/$1,120
Numbers of Security hired=21 security workers
Therefore the numbers of Security workers that was hired will be 21
The focus on traditional financial statements is -Select- data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:
Answer:
The focus on traditional financial statements is ACCOUNTING data rather than cash flow.
Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital
Explanation:
Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.
Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.
E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.
Audra recently earned her associate’s degree and is looking for a job. Her resume lists her strengths in a separate section. Some of these strengths are outlined below:
Strong math skills
Computer skills including spreadsheet programs
Attention to detail
Critical thinking skills
Background in economics
Which career is Audra best suited for?
Accountant
Data Entry
Marketing Manager
Auditing Clerk
Answer: D, Auditing Clerk.
Explanation:
Edge 2020.
The auditing Clerk career is Audra's best suitable. Thus option A is correct.
What is a job?Body of reporting, particularly a particular task carried out as part of one's daily duties or for a set fee. As a means of generating income and gaining access to a variety of crucial and – anti-goods, systems, and exercises, work plays.
Auditing clerks verify the correctness and proper coding of numbers, posts, and documents. They might rectify their own mistakes for little ones, such as transcribing mistakes. All the details and the things that are mentioned are related to the position of auditing Clerk.
They often alert senior staff, notably the accounting profession, in the event of significant inconsistencies. Therefore, option A is the correct option.
Learn more about the job, Here:
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when is subsidy necessary in comodity supply
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation:
While it's not possible in every situation, what is the safest solution to protect yourself from chemical hazards in the work environment?
Select the best option.
Wear PPE
Use ventilation
Remove the chemical hazards
Only use the chemical hazard for limited amounts of time
Answer:
A. Wear PPE
Explanation:
The Occupational Safety and Health Administration (OSHA) is a federal agency saddled with the responsibility of assuring and ensuring safe and healthy working conditions for employees by setting and enforcing standards, providing education, trainings and assistance to various organizations.
According to the Occupational Safety and Health Administration (OSHA), safety precautions such as wearing a personal protective equipment e.g masks (respirators), ear plugs, safety boots, gloves, helmet, etc. are very important and essential to be used by workers while working in a hazard prone environment or industries.
Hence, while it's not possible in every situation, the safest solution to protect yourself from chemical hazards in the work environment is to wear personal protective equipment (PPE).
The best and safest way to keep away from chemical hazards in the work environment is to use PPE kits. So, the correct option is A.
PPE kits are the safest solution to stay away from chemical hazards as they are made from disposable materials. They are like single use products specially made for chemical environments.
PPE kits are definitely helpful in the safeguarding of the workers working in chemically exposed environment so as to save the workers from getting exposed to the chemicals.PPE kits can also be helpful in treating patients during any virus outbreak or a pandemic which is fatal for the life of person in contact to such patient and can be worn by the doctors, nurses and hospital staff.There are multiple uses of PPE kits and they are one of the most smartest way to continue working for long hours without any risks of getting exposed to hazardous substances.Hence, the correct option is A that the safest way to protect self from chemical hazards in a work environment is by wearing PPE kits.
To know more about PPE kits, click on the link below.
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Which Annotation tool provides the ability to convert the mouse icon when giving a presentation to better focus the
audience attention?
Arrow
O Ink Color
O Eraser
O Laser Pointer
Answer: I think it’s laser pointer. I’m taking the test right now.
Explanation:
Answer:
It's D laser pointer
Explanation:
Identify which account would be debited and credited to record each transaction occurred at Forever Green Lawn Service. The first transaction has been completed as an example. Transactions Debit Credit Ex. Issued a check for monthly rent. Rent Expense Cash 1. Purchased supplies on account. Supplies Accounts Payable 2. Purchased new equipment, issuing a check for a down payment, with balance due in thirty days. Equipment Cash, Accounts Payable 3. Provided services on account. Accounts Receivable Fees Income 4. Purchase supplies for cash. Supplies Cash 5. Issued a check to pay a creditor on account. Accounts Payable Cash 6. Collected payment from credit customer. Cash Accounts Receivable 7. Issued checks to pay employees their monthly salaries. Salaries Expense Cash 8. Performed services for cash. Accounts Receivable Fees Income 9. Received cash for damaged supplies returned. Cash Supplies 10. Issued a check to pay the telephone bill.
Answer:
Forever Green Lawn Service
1. Purchased supplies on account.
Supplies Debit
Accounts Payable Credit
2. Purchased new equipment, issuing a check for a down payment, with balance due in thirty days.
Equipment Debit
Cash, Accounts Payable Credit
3. Provided services on account.
Accounts Receivable Debit
Fees Income Credit
4. Purchase supplies for cash.
Supplies Debit
Cash Credit
5. Issued a check to pay a creditor on account.
Accounts Payable Debit
Cash Credit
6. Collected payment from credit customer.
Cash Debit
Accounts Receivable Credit
7. Issued checks to pay employees their monthly salaries.
Salaries Expense Debit
Cash Credit
8. Performed services for cash.
Accounts Receivable Debit
Fees Income Credit
9. Received cash for damaged supplies returned.
Cash Debit
Supplies Credit
10. Issued a check to pay the telephone bill.
Telephone Expense Debit
Cash Credit
Explanation:
Every business transaction at Forever Green Lawn Service involves two or more accounts. One or two are debited or credited as the case may be. The general journal is used to record transactions as they occur while the general ledger records details about each account and summarizes the balances at the end of each accounting period into the trial balance. Accounting records are based on the double-entry system and follow the accounting equation of Assets = Liabilities + Equity.
In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
I will make you brainliest and you'll get 25 points
Thank youuu. I know its a lot but I really need help.
!!!!!PLEASE HELP I NEED TO PASS !!!!
Which of the following are meant to store money which is NOT intended for daily expenses?
O Checking accounts
O Savings accounts
O Loan accounts
O Credit accounts
Answer:
You put money in saving accounts and don't usually use it for daily expenses. checking accounts are for daily expenses loans are for investments and credit catds are the banks money so it has to be a savings account
State four ways in which the post office helps traders communicate to one another.
Answer:
The post office helps traders to keep in touch with each other quickly. The Post office also provides express delivery by local urgent mail.
Answer:
he
Explanation:
Would be much appreiacted if you could please take a look at my recent question and see fi you could be of any use:)
which incident inspired Aaitaman?
Answer:
you can search either in Google or brainly and then you will have the answer
The purchases journal of a business that uses the periodic inventory system will include a column titled ________. A. Merchandise Inventory DR B. Accounts Payable DR C. Purchases DR D. Cost of Goods Sold DR
Answer:
C. Purchases DR
Explanation:
Based on the information given the purchases journal of either a business or company which makes use of PERIODIC INVENTORY SYSTEM
will include a column that is titled PURCHASES DR reason been that PERIODIC INVENTORY SYSTEM is a type of inventory system in which inventory are be updated only on periodic basis
which simply means that their is no inventory record that are up to date when a business or a company makes use of PERIODIC INVENTORY SYSTEM.
Therefore the purchases journal of a business which makes uses of periodic inventory system will include a column titled PURCHASES DR
ill mark brainiest for the correct answer
The table shows a schedule of Evita’s payment plan for a used car.
Evita’s Payment Plan for the First Three Years
Year
Balance
Monthly Payment
End of Year
Balance
1
$356.82
2
$356.82
3
$356.82
$8,563.39
Evita paid $2,408.91 in interest. What was the selling price of the car?
A> $12,845.52
B>$17,127.07
C>$19,000.00
D>$21,408.91
Answer:
the answer is C. $19,000.00 at 25.36% interest
Explanation:
25.36 percent interest each year for 5 years
Answer:
It is actually B 14,719.80
Explanation:
1) Sally and James' daughter just turned 5 and they have some money that they could set aside for
their daughter. They want to make sure she will have $12,500 for her 17th birthday so she could use
that
money
to
go on an overseas trip. If they found an account that would pay 3.9% annual interest,
How much do they have to put into the account now? *
Answer:
$7,898
Explanation:
The $12,500 is equivalent to the future value of the invested amount.
using the formula
where A is future amount,
Pi= principal or invested amount,
t = time 12 years ( the difference between 17 and 5 years)
r= is interest rate of 3.9% or 0.039 %
A = P(1 +rt)^n
$12,500= P(1 +0.039)^12
$12,500 = P(1.5827)
P=$12,500/1.5827
P= $7,897. 89
P=$7,898
Total revenue (TR) is:
A) The value of the firm's investment for the business to function
B) the value of a firm's profit per time period
C) a firm's sales revenue as a percentage of the industry's total revenue
D) the value of a firm's annual sales turnover over a specific period of time
When the survey results come back employees indicated that the lighting in the building was too low. They are 50 lights in the building. It will cost $50 to replace the light. The new lights are LED lights that are brighter and more efficient and last 10 years. It can save the company $350 per year in energy cost, plus make a brighter more productive work space making employees happier. How many years will it take for the new lights to pay for themselves? (round to the nearest year)
Answer: 7 years
Explanation:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is therefore;
= $2,500
The company gets to save $350 per year if they use LED bulbs.
= 2,500/350
= 7.14 years
= 7 years
The number of years for the new lights to pay for themselves is 7 years.
The calculation is as follows:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is
= $2,500
Now
The company gets to save $350 per year if they use LED bulbs.
= 2,500 ÷ 350
= 7.14 years
= 7 years
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who wanan be mark as brainiest
Answer:
meeee I think i can do it
Explanation:
plz
Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output
Answer:
A store of value
C. unit of account
D. medium of exchange
Explanation:
Money has four main functions. They are
The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period. this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.4. List and explain the reserve requirements for banks in 2019 for checking accounts and savings accounts.
Answer:
love the points
Explanation:
Vedantika Industries produces a wide variety of beauty products. Their range of skin polishing scrubs, shampoos, face washes and acne masks, and health drinks aids in promoting natural beauty is very promising and impressive. Since they were new in the market, they decided to sell their products through wholesalers. They appointed one wholesaler in each district and promised them that they will remain the exclusive dealers in that area. After few years, during one of the general meeting Sophia , newly appointed sales manager suggested that if they sell the product directly to retailers they will be able to offer competitive prices which will increase the sales turnover and eventually the profits. Sophia was directly supporting the elimination of whole sales.Do you agree with Sophia's suggestions? Give reasons in support of your answer.
Answer:
Currently, most companies are not only trying to eliminate wholesalers, they are also trying to eliminate retailers. Every level of the supply chain increases a product's price, and online retailing is making it more difficult to charge customers higher prices just because you are a local retailer. E.g. I even bought Coke online because they offered a great promotion that included free Christmas glasses.
If Vedantika wants to survive, they will need to first eliminate wholesalers and then eventually try to eliminate retailers (or at least minimize their number). The world has changed, for more than 50 years, Sears was king of retail. Now, they are barely surviving by selling real estate. It is just a matter of time before the vast majority of brick and mortar retailers close, they are dinosaurs trying to outlive extinction. The question should be, "How fast should Vedantika eliminate intermediaries?", not if they should eliminate them.
The key to successful online retailing is offering a low price, and the only way to do it is by selling directly to your customers. It is reasonable to expect that groceries will still be sold at supermarkets or grocery stores, but makeup and other beauty products? Companies must adapt, and that is not something new. How many typewriters are sold nowadays? Soon, we might wonder how many PCs are sold.
Dr. Peabody contributed $5,000 in cash to the company. Which of the following statements is correct?
A. Cash is debited $5,000; capital is credited $500.
B. Capital is debited $5,000; cash is credited $5,000.
C. Cash is credited $5,000; capital is credited $5,000.
D. Cash is debited $5,000; capital is credited $5,000.
Answer:
D. Cash is debited $5,000; capital is credited $5,000.
Explanation:
The action by Mr. Peabody will increase both cash and capital accounts by $5000 each. As per the accounting equation,( Assets = owners equity + liabilities) cash and capital are on the opposites sides. Cash is an asset, while capital is equity.
An increase in an asset is a debit, while an increase in capital is credited. In this case, the cash account will be debited by $5000, while the same amount will credit the capital account.
I need help!!!! Someone please lemme know what I need to do!!!!
Answer:
Ok so first, you can do by taking to mortgage. ex : 146,800.00 multiply by 30, then you have your answer, then vise versa .. Hope this helped.
Explanation: