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2 years ago

Which Act was enacted as a response to the rising level of unsecured consumer debt?

1 answer:

7 0

The Credit Card Accountability, Responsibility, and Disclosure Act of 2009 or also known as the Credit CARD Act was passed on May 22, 2009. This act will make it easier for the consumers to settle their credit card liability balances. This is made as an answer to the increasing number of consumer debt.

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15. Most vegetables substantially diminish in quality in as little as _______ days.

Serjik [45]

the answer would be 14 days

Most vegetables substantially diminish in quality in as little as 14 days.

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2 years ago

What is the education level of a majority of the Power, Structural, and Technical Systems workers?

Deffense [45]

Bachelors degree is the minimum <span />

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2 years ago

Read 2 more answers

Rivoli Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =

Illusion [34]

Answer:

9.5%

Explanation:

The formula to compute the cost of common equity under the DCF method is shown below:

= Current year dividend ÷ price + Growth rate

In first case,

The current dividend would be

= Last year dividend + last year dividend × growth rate

= $0.80 + $0.80 × 8%

= $0.80 + $0.064

= $0.864

The other things would remain the same

So, the cost of common equity would be

= $0.864 ÷ $57.50 + 8%

= 0.015026 + 0.08

= 9.5%

6 0

2 years ago

The net earnings of the factory workers for Larkin Company during the month of January are $72,000. The employer’s payroll taxes

ElenaW [278]

Answer:

fringe benefit expense 4,300

Wages expense 72,000

Payroll tax expense 8, 100

Cash 84,400

Work In Process 70,896‬

Factory Overhead 13,504

Fringe benefit expense 4,300

Wages expense 72,000

Payroll tax expense 8, 100

Explanation:

The first entry will be the payment to the employees wages, benefit and payroll taxes.

Then, in the second entry we will capitalize this expenses into the WIP for the amount of direct labor.

And, into actual overhead for the amount of indirect labor.

5 0

2 years ago

A heat integration project results in saving 5 MM Btu/h of heating utility and 14 MM Btu/h of cooling utility. The prices of hea

guapka [62]

Answer:

9.24 yr

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. In order to find a payback period we need to go through some calculations first

Annual savings = 5 MM Btu/hr x 8,000 hr/yr x $4/MM Btu x 14 MM Btu/hr x 8,000 hr/yr x $7/MMBtu

Annual savings = $0.944 MM/yr

TCI = $\frac{4.0 MM}{0.85}$

TCI = $4.7 MM

Depreciation - Annualized fixed cost = $\frac{[4.0 - 0] }{10}$

Depreciation - Annualized fixed cost = $0.4 MM/yr

Total cost annualized = Annualized fixed cost + Annual operating cost

Total cost annualized = 0.4 + 0.5

Total cost annualized= 0.9 MM/yr

Annual net (after-tax) profit = Annual income - Total cost annualized x (1-Tax rate + Depreciation

Annual net (after-tax) profit = $0.944 MM/yr - $0.9 MM/yr x 1 -0.25 + $0.4 MM/yr

Annual net (after-tax) profit = 0.433MM/yr

Payback period = $\frac{4.0}{0.433MM/yr}$

Payback period = 9.24 yr

5 0

1 year ago