Reference no: EM133186405
You will have an opportunity to make connections between your prior knowledge and the new content you are learning. Consider the new content about consumer credit, credit reports, and purchasing a home and car as you respond to this discussion prompt.
How might the concepts from Chapters 5 and 6 be important to your personal finances? Why would you want to know more about this?
Your friend is hoping to buy a home in the next few years. What should your friend know about the process of finding and paying for a new home? Then consider what you learned in the Wk 3 Learning Path video, "Demonstration Problem Video 6.5: Calculating an Affordable Home Price" in WileyPLUS. How would your friend determine what is affordable?
Knowing a credit score will be used in most credit decisions, what advice would you offer about how to build and maintain?a positive credit history?
The Five C's may be used in major credit decisions. Which two do you think would be most important? Why?
In the Wk 3 Learning Path, watch "Which is Better-Buying or Leasing a Car?" in WileyPLUS. Based on what you learned about car loans and leasing, which option would you choose for your next car? Why?
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What is the cost of goods available for sale during the year
: Incurred various manufacturing overhead costs {e.g., depreciation, insurance, and utilities], $470,000. What is the cost of goods available for sale
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Federal funds rate affect the unemployment rate
: The Federal Reserve controls the money supply through monetary policy actions. How do changes to the federal funds rate affect the unemployment rate?
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What is the avoidable interest for Jordan River Company
: On January 2, 2021, Jordan River began construction of a new citrus processing plant. What is the avoidable interest for Jordan River Company
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Calculate the theoretical ex-rights value per share
: The market value of the company's shares was £2.19 a share just before the rights issue. Calculate the theoretical ex-rights value per share
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Opportunity to make connections
: You will have an opportunity to make connections between your prior knowledge and the new content you are learning.
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Calculate the adjustment factor
: Calculate the adjustment factor (correct to 5 decimal places) to use to calculate earnings per share for the year. Do NOT calculate earnings per share
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How much money should the holder of the bond expect
: Chesterfield Company holds cash of $58,000, inventory worth $106,000, how much money should the holder of the bond expect to receive
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Prepare journal entries for declaration
: The stock dividend is distributed on July 20. Prepare journal entries for (a) declaration and (b) distribution of the stock dividend
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What is the initial value of the equipment
: What is the initial value of the equipment that Melissa's Magic Markers will record on the balance sheet (as both an asset and liability) at lease inception
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