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2 years ago

What is the amount of money you still owe to their credit card company called

Business

2 answers:

ella [17]2 years ago

8 0

Credit card balance

irina1246 [14]2 years ago

7 0

Are you talking about Debt?

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A high level of information asymmetry between insiders and outsiders encourages a greater use of debt relative to equity, as wel

Cerrena [4.2K]

Answer: True

Explanation:

Information asymmetry has to do with the study of decisions taken in transactions where one party has better or more information than the other party. These differences in information or asymmetry leads to a power imbalance in transactions, which can lead to transactions going awry.

When high level of information asymmetry exists between the insiders and outsiders in a business environment, it encourages higher use of debt relative to equity, and more reliance on short- term debt rather than on long- term debt.

4 0

2 years ago

I need help writing a witness statement. I am a domestic abuse therapist in a mock trial and i need to write a witness statement

Aloiza [94]

U should say that anyone who heard the screaming and the bumps in the house then u should come forward and then u can testify against him or her

6 0

3 years ago

In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and

Dafna11 [192]

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value. Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

3 0

2 years ago

Concord Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on

Drupady [299]

Answer:

Sales price variance= $10,596.6 unfavorable

Explanation:

Giving the following information:

The following static budget based on sales of 1,820 kits was prepared for the year.

Sales $87,000

Assume that Concord Sports sold 1,827 volleyball kits during the year for $42 per kit.

First, we need to calculate the standard selling price:

Standard selling price= 87,000/1,820= $47.80

The sales price variance is calculated as follow:

Sales price variance= actual sales revenue - actual sales at the standard price

Sales price variance= (1,827*42) - (1,827*47.8)= $10,596.6 unfavorable

4 0

2 years ago

Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th

nata0808 [166]

Answer:

Option (D) is correct.

Explanation:

Calculation of total manufacturing overhead:-

4000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 4,000 × $94

= $376,000

5000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 5,000 × $77.60

= $388,000

Variable cost per unit:

$=\frac{5000\ units\ manufacturing\ overhead-4000\ units\ manufacturing\ overhead}{1000}$

$=\frac{388,000-376,000}{1000}$

= 12

Fixed cost = Total cost - variable cost

= $388,000 - 5,000 × 12

= $388,000 - $60,000

= $328,000

So total monthly fixed manufacturing cost is $328,000.

7 0

2 years ago