Which of these people has "bad credit"? Suzie borrowed $300 from her grandmother to buy an iPod and promised to
pay $10 a week for 30 weeks until the loan was paid back. Suzie always
ОА.
made her weekly payments and managed to pay her grandmother the whole
amount by the end of the 30 weeks.
Carlos moved into his own apartment about a year ago. The gas and
OB. electric bills are usually due on the 25th of the month Carlos faithfully pays
those bills on the 22nd of the month.
Tamara's parents co-signed a car loan for her new wheels. Her monthly
payment is due by the 15th of each month. So far she has made the
payment each month. But on three months, she sent her payment after the
Ос.
due date on the coupon because she had not yet received her bi-weekly
paycheck from her part-time job. On more than one occasion she was more
than 30 days late
Josh has a 36-month loan for his new truck Each month's payment is due
OD. by the 10th of the month Josh always mails his coupon and payment by the
first of the month

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?