Storm Corporation purchased a new machine on October 31, 2014. A $2,400 downpayment was made and three monthly installments of $7,200 each are to be madebeginning on November 30, 2014. The cash price would have been $23,200. Storm paid noinstallation charges under the monthly payment plan but a $400 installation charge wouldhave been incurred with a cash purchase.

The amount to be capitalized as the cost of themachine on October 31, 2014 would be:

a.$24,400.

b.$24,000.

c.$23,600.

d.$23,200.

Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.