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3 years ago

Do Debit cards often have a higher intrest rate then credit cards?

2 answers:

7 0

Yes debit card are more. Preferred because when you use a debit card you pay on the spot but when you use your credit card it tends to build up and you will have to pay your bill

xz_007 [3.2K]3 years ago

6 0

Yes debit cards have higher interest rates

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Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13

Fiesta28 [93]

Answer:

Current ratio for 2022: 0.311

Current ratio for 2021: 0.231

Explanation:

The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:

Current Ratio = Total Current Assets/Total Current Liabilities

In Bob Evans Farms:

Current ratio for 2022 = $80,200/$257,500 = 0.311

Current ratio for 2021 = $71,809/$311,100 = 0.231

4 0

3 years ago

A nonprobability sampling technique in which an initial group of respondents is selected and subsequent respondents are selected

MrRissso [65]

Answer: snowball sampling

Explanation:

Snowball sampling is a nonprobability sampling technique in which an initial group of respondents is selected and subsequent respondents are selected based on the referrals or information provided by the initial respondents.

It should be noted that in snowball sampling, after the respondents have been interviewed, theywould be told asked to help identify other people

that also belong to the target population.

6 0

3 years ago

One way mexican officials tried to maintain mexican culture when issuing land grants to anglo empresarios was by —.

Anna35 [415]

One-way Mexican officials tried to maintain Mexican culture when issuing land grants to Anglo empresarios was by Requiring settlers to practice the Catholic religion.

After Mexican independence in 1821, the Mexican authorities contracted "empresarios" or land marketers to useful resource the agreement of Texas. Each empresario agreed to settle a selected range of Catholic households on a described land provide inside six years.

Empresarios have been contractors empowered with the aid of using the authorities of Coahuila y Texas to recruit particular numbers of households to the territory. Mexican residents have been favored as empresarios and as colonists, however the majority of the empresarios have been from the United States.

Learn more about land marketers here:
brainly.com/question/13628349

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8 0

1 year ago

A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.60% with interest paid annually. If the

Delicious77 [7]

Answer:

Capital Gain Yield = 0.94%

Explanation:

Par Value = $1,000

Current Price = $860

Annual Coupon Rate = 8.60%

Annual Coupon = 8.60% * $1,000

Annual Coupon = $86

Time to Maturity = 10 years

Let annual YTM be i%

$860 = $86 * PVIFA(i%, 10) + $1,000 * PVIF(i%, 10)

Using financial calculator:

N = 10

PV = -860

PMT = 86

FV = 1000

I/Y = 10.98%

Annual YTM = 10.98%

Price Next Year = $86 * PVIFA(10.98%, 9) + $1,000 * PVIF(10.98%, 9)

Price Next Year = $86 * (1 - (1/1.1098)^9) / 0.1098 + $1,000 / 1.1098

Price Next Year = $868.12

Capital Gain Yield = (Price Next Year - Current Price) / Current Price

Capital Gain Yield = ($868.12 - $860) / $860

Capital Gain Yield = 0.0094

Capital Gain Yield = 0.94%

6 0

4 years ago

A manager of a perfectly competitive firm observes that the marginal product of labor is 5 units per hour, the marginal product

oksian1 [2.3K]

Answer:

The manager should hire more labor and rent less capital.

Explanation:

Given:

MPL = Marginal product of labor units per hour = 5

MPC = marginal product of capital units per machine = 40

PL = Wage per hour = $20, or 20

PC = Rental price of capital per machine = $120, or120

Po = Price of output per unit = $5

The condition for the profit maximization for a firm is as follows:

MPL / PL = MPC / PC ……………………………. (1)

From equation (1), we have:

MPL / PL = 5 / 20 = 0.25

MPC / PC = 40 / 120 = 0.33

Since 0.25 = MPL / PL < MPC / PC = 0.33, it implies that these conditions are NOT consistent with equation (1).

In order to maximize profit, more labor should be hired while less capital should be rented until these conditions are consistent with equation (1).

Therefore, we have:

To maximize profit, the manager should hire more labor and rent less capital.

3 0

3 years ago