You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $50.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?

Answer and Explanation:

Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.

Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.

Answer:

i think it will be A OR C

Explanation:

The APR feature of an unsecured credit card is Mia's security deposit most like. If the new card doesn't offer a cheaper annual percentage rate, there is no benefit in transferring his credit card balance from one to the other.

What ways does a secured credit card aid in building credit history?

If you consistently make on-time payments, stay out of late fees, and maintain a low balance on your secured credit card, you might be able to create or improve your credit score. Most secured credit cards will notify the three credit reporting bureaus of your payment activity.

You won't have a credit score if you haven't used credit yet. After you open your first credit line, such as a credit card or student loan, you start to develop your credit score. At that time, how you use that first credit account affects your credit score.

To know more about APR, refer:

brainly.com/question/8846837

#SPJ2

If you had paid cash for the stock, your annualized rate of return would be 6.67%. If you used the maximum leverage in buying the stock, your rate of return would be 13.33%.

If you had paid cash for the stock, you would have invested

$3000 (200 shares * $15/share).

The current price of the stock is $20/share,

so your total return would be

$1000 (200 shares * ($20/share - $15/share)).

Your annualized rate of return would be 6.67%, calculated as follows:

(1000 / 3000) * 100% = 6.67%

If you used the maximum leverage in buying the stock, you would have only invested $1500 (200 shares * $15/share * 50%).

The current price of the stock is $20/share, so your total return would be $500 (200 shares * ($20/share - $15/share)).

Your annualized rate of return would be 13.33%, calculated as follows:

(500 / 1500) * 100% = 13.33%

Note that using margin can amplify your returns, but it can also amplify your losses.

If the stock price had fallen, you would have lost more money if you had used margin.

To learn more about rate of return here brainly.com/question/17164328

#SPJ11

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

Learn more about the economic profit in the related link:

https://brainly.com/question/15699405

#SPJ1

Answer:

Sample response: If the market price of bikes rises from $50 to $60, then the company will want to produce a larger quantity of bikes. This is because the overall marginal revenue is now higher and will be maximized differently. Before profit was maximized at six bikes, now the profit will be maximized by producing more bikes, perhaps seven.

Explanation:

GDP for 2020 was (in millions) $1,500,wages and salaries were $800,rent payments were $200,consumption was $1000, and interest payments were $200.

Find the value of profits:We know that:GDP = C + I + G + (X - M)Here, the value of GDP is $1,500Consumption (C) = $1,000Interest payments (I) = $200Therefore, investment (I) = GDP - C - I= $1,500 - $1,000 - $200= $300Further, we know thatNational Income = wages and salaries + rent payments + interest payments + profitsHere.

wages and salaries = $800Rent payments = $200Interest payments = $200National Income = $800 + $200 + $200 + Profits= $1,200 + ProfitsTherefore, Profits = National Income - ($1,200)= $1,500 - $1,200= $300Therefore, the value of profits must have been $300 million.Hence, the required value of profits was $300 million.

To know more about National Income visit:

brainly.com/question/30462883

#SPJ11

When a low price is initially set by the company to build up sales and market share, with the plan of later raising prices once its market position is established, it is called Penetration pricing,

This pricing strategy is used when a company initially sets a low price with the intention of increasing prices once its market position is established in order to increase sales and market share.

A strategy for carrying out a long-term or general goal "The practice of organizing and directing the entire military actions and movements in a war or conflict."

recognizing and being widely regarded as having existed for a long time. via enactment or agreement, to establish (something, such as a law) forever. replace sense  with , to make stable or firm ,to introduce grass to pasturelands, encourage it to grow, and induce it to multiply. A republic was founded and established .

To know more about ESTABLISHED CLICK HERE

https://brainly.com/question/28542155

#SPJ4

In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.

Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.

In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.

Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.

The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.

Learn more here:

https://brainly.com/question/15401740

Answer:

i think is B correct me if i wrong

The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.

It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.

C - Monthly payments for 30 years.

D - The interest rate is 4.8 % annually

E -  borrowing $200,000.

Therefore, options C, D, and E explain the fixed-rate mortgage.

Learn more about  fixed-rate mortgages here:

https://brainly.com/question/2726838

Answer: $12700

Explanation:

Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.

For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:

Single = $6,350

Married Filing Jointly = $12,700

Married Filing Separately = $6,350

Head of Household = $9,350

Qualifying Widow(er) = $12,700

Answer:

current status and intermediate goals

Explanation:

Answer:

C

Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. There are three types of creditors. First are those who have a lien against a particular piece of property. This property (or proceeds from its sale) must be used to satisfy the debt to the lien-creditor before it can be used to satisfy debts to other creditors. A lien may arise through statute, agreement between the parties, or judicial proceedings. See, e.g., Secured Transactions and Mortgages. Secondly, a creditor may have a priority interest. A priority arises through statutory law. If a creditor has a priority his debt must be paid when the debtor becomes insolvent before other debts. For example, Congress has granted priority to debts owed the Federal government. See Federal Tax Lien Act. The final type of creditor is one who has neither a lien against the debtor's property or is the subject of a statutory priority.

Non-bankruptcy debtor-creditor law arises mainly from state statutory and common law. Tort law, such as defamation, provides a means for state courts to limit private means of debt collection. States also regulate debt collection through statute. Congress has enacted the Fair Debt Collection Practices Act to regulate some debt collectors.

Creditors use judicial and statutory processes to have debts satisfied. Attachment is a limited statutory remedy whereby a creditor has the property of a debtor seized to satisfy a debt. Garnishment allows a creditor to collect part of a debt (for example wages) to satisfy the obligation. Replevin allows a creditor to seize goods, such as a security interest, that he or she has a property interest in, to satisfy the debt. Receivership involves the appointing of a third party by a court to dispose of the debtor's property in order to satisfy the debt. Creditors commonly seek to create a lien on a debtor's property through a judicial process of lien creation, which is governed by state law. Once a lien has been created state statutory law governs how the lien is executed against the debtor's property. The sale of property subject to a lien to satisfy the debt is also governed by state statutory law. Federal and state statutes, and the Federal Consumer Credit Protection Act also limit the type of property that can be used to satisfy a debt.

A debtor may attempt to fraudulently convey a piece of property to avoid having it seized. State laws seek to prevent this type of property transfer. Many states have adopted the Uniform Fraudulent Conveyances Act or its successor, the Uniform Fraudulent Transfer Act.

The federal laws protect the debtor's right to verify the amount of debt that the debt collector claims you owe.

This is the entity that is employed to regularly collects debts owed to others especially when those debts are past.

However, as a debtor, the federal laws protect their right to verify the amount of debt that the debt collector claims they owe.

Therefore, the Option C is correct.

Read more about debt collector

brainly.com/question/26967691

#SPJ6

A disadvantage of a short-term contract as an alternative on the make-or-buy continuum is that: B. the supplying firm has little reason to perform transaction-specific investments.

A short-term contract can be defined as a fixed term contractual agreement between two or more parties that has a definite duration of not more than one year or 24 months.

Hence, a short-term contract is characterized by a specific and limited amount of time.

A make-or-buy continuum can be defined as an act of making a strategic choice between manufacturing (making) a product internally (in-house) or buying the product from an external supplier.

Basically, one of the disadvantages of using a short-term contract as an alternative to the make-or-buy continuum is that, the supplying firm has little or no reason to perform transaction-specific investments i.e a non-transferable investment that has a unique utility.

Read more; https://brainly.com/question/23439561?referrer=searchResults

Answer:

write your locality not my locality there is your locality

The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.

The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development.  For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.

Learn more about influence here:

https://brainly.com/question/5774383

#SPJ9

A discount is one expression frequently used to refer to a price reduction. A percentage or dollar amount is subtracted from the original cost of a good or service to provide a discount.

Businesses frequently provide discounts to entice customers to buy their goods or services, especially when there is a fiercer competition or a pressing need to move inventory. There are numerous ways to publicize discounts, including sales, promotions, and coupons.

Another term used to describe a reduction in price is a markdown. A markdown is a reduction in the price of a product that occurs when the item is not selling as quickly as anticipated.

Markdowns are often used by retailers to clear out excess inventory or to make room for new products. Markdowns can be temporary or permanent and can be applied to a single item or to an entire category of products.

To know more about a reduction in price on the curve -

brainly.com/question/14672819

A reduction in price is sometimes referred to as a discount.

A reduction in price refers to a decrease in the original price of a product or service. It is a common marketing strategy used by businesses to attract customers, increase sales, or move inventory. A reduction in price can take many forms, such as a discount, a sale, a markdown, or a price cut.

The discount or markdown can be expressed as a percentage or a dollar amount. For example, a store may offer a 20% discount on all items or reduce the price of a specific product by $10. The goal of a reduction in price is to make the product or service more appealing to consumers by making it more affordable or offering a better value. This can help businesses increase their market share, build customer loyalty, and ultimately increase revenue.

Learn more about discount here:https://brainly.com/question/1548141

#SPJ1

False. A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a plan to solve the original business problem. This describes the share step of the data analysis process.

The sharing of your data results is the fifth phase. This is possible with the use of visualization since putting data into an image can make the analysis easier for people to understand. You'll consider using several graphs and plots to more rapidly communicate your conclusions.

Ask, prepare, process, analyze, share, and act are the six phases or steps of data analysis, according to Go.ogle.

Read more on data analysis here:

https://brainly.com/question/28132995

#SPJ1

A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a plan to solve the original business problem. This describes the share step of the data analysis process.

T / F

Answer:

cluster of benefits that an organization promises customers to satisfy their needs

Explanation:

In order to create an effective marketing mix that represent the potential buyer an accurate customer value i.e. the benefits are cluster in which an organization promised to the customer to satisfy their needs and wants. The customer value proposition refer to the total benefits in which the company promised to the customer the satisfaction in return of the payment done by the customer

Answer:

Unit Value of the Product, Types of Buyers, number of buyers, Technical Nature and Perishability

there are more btw

Answer:

Unit Value of the Product: ...

Standardised or Customised Product: ...

Perishability: ...

Technical Nature: ...

Number of Buyers: ...

Types of Buyers: ...

Buying Habits: ...

Buying Quantity:

With a periodic system, the cost of goods sold is calculated only once at the end of the period. In contrast, with a perpetual system, each time a sale is made, the cost of goods sold is recorded.

The periodic system tends to use an occasional physical count in order to measure the level of inventory and the cost of goods sold. Whereas, the perpetual system tends to keep track of the inventory balances continuously. Here, the updates are made automatically whenever a product is sold or received.

So, an advantage of the periodic system can be that there is no need to have separate accounting for work in progress, raw materials, and finished goods inventory.

Hence, with a periodic system, the cost of goods sold is recorded each time when a sale is made.

To learn more about perpetual system here:

https://brainly.com/question/15898140

#SPJ1

A diverse workforce is more likely to understand your customers' needs and come up with ideas to fulfill them. Diversity in the workplace will also increase employee morale and instill a desire to be more effective and work more efficiently. This will greatly increase the productivity of your business.

Slacker may face potential product liability claims if his Christmas Bar B Que seats are found to be defective or unreasonably dangerous.

it's important to consult with a legal professional who specializes in product liability and local regulations to get accurate and tailored advice for Slacker's specific situation. Here are some considerations:

Product Liability: Slacker may face potential product liability claims if his Christmas Bar B Que seats are found to be defective or unreasonably dangerous. Even if he claims not to have known about the issues, he could still be held responsible for injuries caused by his product.

Duty of Care: As a product seller, Slacker has a duty of care towards his customers. This includes ensuring that the products are reasonably safe for their intended use and providing adequate warnings or instructions about any known risks or limitations.

Warning Labels: Slacker's idea to issue a warning about weight limits and usage guidelines is a good step. However, it may not fully absolve him of liability if the seats are found to be unreasonably dangerous or if the warnings are inadequate or unclear.

Consumer Protection Laws: Slacker should familiarize himself with consumer protection laws and regulations in his jurisdiction. These laws aim to protect consumers from harm caused by defective products and may impose certain obligations on sellers.

Insurance Coverage: Slacker should review his business insurance policy to see if it provides coverage for product liability claims. Having appropriate insurance coverage can help mitigate potential financial risks.

Prompt Action: Slacker should take immediate action to address the reported issues with the seats. This may involve conducting a thorough investigation, rectifying any design or manufacturing flaws, and implementing quality control measures to ensure product safety.

Remember, it is crucial for Slacker to consult with a qualified attorney who can provide specific legal advice based on the laws and regulations of his jurisdiction and the details of his business and products.

To learn more about claims

https://brainly.com/question/31369513

#SPJ11

As understanding basic principles of finance is important for companies' financial health. As by knowing the financial condition of the organization, we can easily run the organization.

The term organization refers as, a company, association, or another type of entity made up of one or more people functioning in a specific strength of purpose is referred to as an organization or arrangement.

As, by knowing the principles of finance in our organization, will make help in taking better decision for the organization. As we see, there are many successful organizations are running, by taking the good decision in finance.

Therefore, As a result, By the knowing basic principles of finance is important for organization.

Learn more about organization here:

https://brainly.com/question/17584732

#SPJ1

If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then there will be no basis for trade between the two countries.

Each country would be equally efficient in producing both goods, so there would be no benefit to specializing in one good and trading for the other.

In this scenario, comparative advantage refers to the ability of a country to produce a good at a lower opportunity cost compared to another country. When there is no comparative advantage for either country, it means that both countries have the same opportunity cost for producing either of the two goods. This implies that both countries are equally efficient in producing both goods.

Without a comparative advantage, there would be no incentive for countries 1 and 2 to specialize in the production of one good and trade for the other. Since they can produce both goods equally efficiently, there would be no gains from trade. Therefore, in the absence of a comparative advantage, there would be no basis for trade between the two countries.

To know more about opportunity cost refer to:

https://brainly.com/question/1400500

#SPJ11

When one becomes a whistleblower and reports allegations of corrupt practices to the authorities, there are often consequences, which is what happened to a General Electric employee who was fired after reporting alleged violations of the Foreign Corrupt Practices Act in Iraq to his supervisor and GE Energy's ombudsperson.

In many cases, those who blow the whistle may face retaliation from their employer, including loss of employment, demotion, and harassment.It's vital to remember that whistleblowers are safeguarded by the law in many jurisdictions, but they may also face retaliation from their employers. The Foreign Corrupt Practices Act protects whistleblowers who report violations of the act from retaliation, such as termination, demotion, or harassment.However, several obstacles prevent whistleblowers from coming forward and reporting corrupt practices. They may be unsure of who to speak to or what to say. They may be scared of retaliation from their employers or co-workers. They may be concerned about their job security or how their colleagues will treat them.

Therefore, it is crucial to have a clear and concise reporting mechanism in place, along with the legal protection to encourage whistleblowers to report corrupt practices.

To know more about Whistleblower visit-

https://brainly.com/question/14330732

#SPJ11

Answer:

A

Explanation:

Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small

The situation which best illustrates the role of businesses in the circular flow of goods is:

(B) A company manufactures new type of truck

The circular flow of goods describes a market situation in which a specific company in a market system produces a new line of products that differs from their usual production line. The circular flow model depicts how money flows in an endless loop from producers to households and back again. In an economy, money flows from producers to workers as wages and then back again as workers spend money on goods and services. Money and goods exchanged in a closed circuit have the same value but flow in the opposite direction.

With this in mind, we can see that the answer choice which correctly illustrates this is manufacturing of new type of truck.

For more information on circular flow of goods visit:
https://brainly.com/question/15831241
#SPJ1

The worth of the shares when the stockholder originally purchased them is $1105.

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

  127 = $1,403

∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

To learn more about share, click here:

https://brainly.com/question/28392295

#SPJ1