subject
Business, 29.07.2019 13:50 Jorjalilli8786

Which would be considered closed-end credit situations? check all that apply.1) jason bought a used car and got a loan from his credit union. 2) the overtons bought a new home and mortgaged it for 30 years. 3) samantha got her first credit card at age 18 with a credit limit of $300. 4) tammy borrowed $40,000 in school loans to be paid back in 5 years. 5) tim always pays his credit card balance in full each month.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:00
The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?
Answers: 1
question
Business, 22.06.2019 02:00
Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .
Answers: 2
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
question
Business, 22.06.2019 21:00
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.
Answers: 1
You know the right answer?
Which would be considered closed-end credit situations? check all that apply.1) jason bought a used...
Questions
question
Mathematics, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
question
English, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
question
Mathematics, 04.05.2021 21:10
Questions on the website: 13722367