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2 years ago

Prevention of tire inflation accidents after mounting tires on wheels may be accomplished by:

1 answer:

4 0

Prevention of tire inflation accidents after mounting tires on wheels may be accomplished by making sure the tires are mounted and balanced correctly. If the tires are not mounted and balanced properly they could have a bigger issue when getting into an accident and them inflating. Car accidents can easily cause the tires to inflate and become more hazardous.

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,119 Accounts r

lozanna [386]

Answer:

40 days.

Explanation:

In the absence of the information about opening receivables, the closing figure is assumed to be the average accounts receivables,

Hence,

Debtors Turnover Ratio for Reagan:

= Sales ÷ Average Accounts Receivables

= $608,000 ÷ $73,922

= 8.22 times

Assuming that the number of days in a year as 365,

the firm's days sales uncollected for the year works out to:

= 365 days ÷ Debtors Turnover Ratio

= 365 ÷ 8.22

= 40.40 or 40 days.

4 0

2 years ago

Eddie just landed his first job out of college, and he’s excited about the position. However, Eddie needs to be dressed up every

Reptile [31]

Answer:

Why is it important to assess various credit options before making a decision on how to pay for

Explanation:

at questions should Selena ask before deciding on this option?

OPTION 3: Get a private college loan from her bank, Wells Fargo, which is currently offering fixed rates between 5.94% and 10.92%

PROS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has saved in an Emergency Fund

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 3: Get a loan from Lending Club at an APR of 24.99%

PROS

CONS

What questions should Eddie ask before deciding on this option?

Selena is about to enter her senior year of college, when all of a sudden she realizes her school raised the tuition cost, and she’s short $6600 in her financial aid package.

OPTION 1: Charge the payments on the joint credit card account she shares with her mom, at a 14.99% APR

PROS

CONS

What questions should Selena ask before deciding on this option?

OPTION 2: Apply for a Federal Student Loan to coverhe’s excited about the position. However, Eddie needs to be dressed up every day and has no appropriate clothes right now. Eddie figures it will cost about $1250 to start a professional wardrobe.

OPTION 1: Open a 0% (for the first 6 months) credit card

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has sa

Eddie just landed his first job out of college, and he’s excited about the position. However, Eddie needs to be dressed up every day and has no appropriate clothes right now. Eddie figures it will cost about $1250 to start a professional wardrobe.

OPTION 1: Open a 0% (for the first 6 months) credit card

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 2: Use $1250 of the $1500 he has saved in an Emergency Fund

PROS

CONS

What questions should Eddie ask before deciding on this option?

OPTION 3: Get a loan from Lending Club at an APR of 24.99%

PROS

CONS

What questions should Eddie ask before deciding on this option?

Selena is about to enter her senior year of college, when all of a sudden she realizes her school raised the tuition cost, and she’s short $6600 in her financial aid package.

OPTION 1: Charge the payments on the joint credit card account she shares with her mom, at a 14.99% APR

PROS

CONS

What questions should Selena ask before deciding on this option?

OPTION 2: Apply for a Federal Student Loan to cover the cost

PROS

CONSbwls

What questions should Selena ask before deciding on this option?

OPTION 3: Get a private college loan jsiaolqhs alkas

4 0

2 years ago

Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that

Sergio [31]

Answer:

P0 = $51.9956 rounded off to $52.00

Explanation:

The two stage growth model of DDM will be used to calculate the price of a stock whose dividends are expected to grow over time with two different growth rates. The DDM values a stock based on the present value of the expected future dividends from the stock.

The formula for price of the stock today under this model is,

P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [ (D0 * (1+g1)^n * (1+g2) / (r - g2)) / (1+r)^n ]

Where,

D0 is the dividend today or most recently paid dividend

g1 is the initial growth rate which is 20%

g2 is the constant growth rate which is 8%

r is the required rate of return

P0 = 2.5 * (1+0.2) / (1+0.15) + 2.5 * (1+0.2)^2 / (1+0.15)^2 +

2.5 * (1+0.2)^3 / (1+0.15)^3 +

[(2.5 * (1+0.2)^3 * (1+0.08) / (0.15 - 0.08) / (1+0.15)^3)

P0 = $51.9956 rounded off to $52.00

3 0

2 years ago

Turnbull Co. has a target capital structure of 45% debt, 4% preferred stock, and 51% common equity. It has a before-tax cost of

3241004551 [841]

Answer:

TurnBull's Weighted Average cost of capital is higher by 1.07% if the used common Equity to raised the capital.

Explanation:

First, using the WACC formula and using Retained earnings cost of Capital. we get the following outcome.

WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital

WACC = 45% x 8.33% + 4% x 12.20% + 51% x 14.70% =

WACC = 3.75% + 0.49% + 7.50% = 11.73%

Second, using the WACC formula and using common equity cost of Capital. we get the following outcome.

WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital

WACC = 45% x 8.33% + 4% x 12.20% + 51% x 16.80% =

WACC = 3.75% + 0.49% + 8.57% = 12.80%

Increase Cost using common equity over Retained earnings is (12.80% - 11.73% ) = 1.07%

4 0

2 years ago

Read 2 more answers

Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing

Gemiola [76]

This question is incomplete because it lacks the options

Complete question:

Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing an electronic reader for $140. Check all that apply.

1.If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $140.

2.If Mo pays cash, the cost of the purchase will be $140.

3.If Mo uses the credit card and pays off the balance at $30 a month for 7 months with no late fees, the cost of the purchase will be $143.34.

4.If Mo pays cash, the cost of the purchase will be $135.80.

5.If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.

6.If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.

Answer:

2) If Mo pays cash, the cost of the purchase will be $140.

5) If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.

6) If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.

Explanation:

For the above question, the options 2), 5) and 6) are the correct options that apply. This is explained below in the following reasons.

a) The cost of the electronic reader is $140. Mo has a credit card and he can decide to use his credit card or not to use it. If Mo decides to pay cash for the electronic reader, the amount he would pay as the cost of the purchase would be $140 in cash.

This makes option 2 correct.

b) If Mo decided to use his credit card to pay for the electronic reader, he has a discount of 3% on every purchase.

Therefore,

The purchase costs $140, 3% of $140 =

3% ÷ $140 = 3/100 ÷ $140

= $4.2

So Mo is paying $4.2 less than the original amount of the purchase.

Hence, $140 - $4.2

= $135.8

This makes option 6 correct.

c) If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.

This makes option 5 correct.

5 0

2 years ago

Read 2 more answers