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lord [1]
2 years ago
11

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?
You might be interested in
You own a portfolio consisting of the following​ stocks:
kykrilka [37]

Answer:

expected return is 15.8%

portfolio beta is 94.5%

Explanation:

a. EXPECTED RETURN: to calculate the the expected return of, we simply multiply each of the stock percentage by its expected return and then sum it up. thus we have

0.2×0.16 + 0.3×0.14 + 0.15×0.2 + 0.25×0.12 + 0.1×0.24= 0.158

Multiply the result by 100% yields 15.8%

B. PORTFOLIO BETA: to calculate the portfolio beta, we simply multiply the weighted average of the stock percentage by the portfolio beta. thus we have;

0.2×1 + 0.3×0.85 + 0.15×1.2 + 0.25×0.6 + 0.1×1.6= 0.945

multiply the result by 100% yields 94.5%

6 0
3 years ago
If the price of pants increases, what would you expect would happen in the market for pants?
worty [1.4K]

Answer: There will be a surplus at the increased price.

Explanation: Acc. to the law of demand as the price of a good rises the quantity demanded for the good will fall. This is represented by a movement up along the demand curve.

Acc. to the law of supply as price of a good rises the sellers will supply more units of the good. This is represented by a movement up along the supply curve.

At the increased price, there will be a surplus in the market given by Q's - Q'd.

Eventually, the surplus will lead to a fall in the price of pants till demand for the good is equal to its supply.

6 0
3 years ago
Read 2 more answers
An apparel manufacturing plant has estimated the variable cost to be $2.40 per unit. Fixed costs are $2,000,000 per year. Forty
marta [7]

Answer:

BEP units:          42,017

BEP dollars: 2,100,850

unit cost at 100,000 units produced: 22.40 dollars

operating profit :    1,656,000

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

50 - 2.4 = 47.6 contirbution margin per unit

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

2,000,000/47.6 = 42.016,80 BEP units

BEP units x sales price = BEP dollars

42,017 x 50 = 2,100,850

(B)

fixed cosy/ units produced = fixed cost per unit

2,000,000/ 100,000 = 20 fixed cost per unit

fixed cost + variable cost = total cost

20 + 2.40 = 22.4

(C)

There are 40% units sold at the preferred customer at cost

So we sale at gain only 60% of the units:

100,000 units x 60% x 50       =  3,000,000

100,000 units x 40% x 22.40  =     896,000

Total revenue                              3,896,000

Cost: 100,000 x 22.40          <u>     (2,240,000)  </u>

operating profit                            1,656,000

4 0
3 years ago
It was discovered that lead from paint leaked into the ground and caused many health problems, especially among children. Today,
omeli [17]
<span>The government has REGULATIONS to protect people from being harmed by lead.


</span>
6 0
3 years ago
What are closing costs?​
I am Lyosha [343]

Answer:

fees paid at the end of a real estate transaction.

4 0
3 years ago
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