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3 years ago

13

Suppose you have a credit card bill of $1,275 for the month of October. if you pay the full balance before your is due, how much

will you pay in interest?

1 answer:

algol133 years ago

6 0

Answer: No interest will be paid

Explanation:

Once full payment is made before the due repayment date on credit card, interest is not charged.

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Beth has just been hired as a cocktail waitress. she must be certified as a seller-server within:

Zielflug [23.3K]

The answer to this question is 30 days
This 30 days delay after certification is to make sure that the certification holder still stay up to certain standards even after the certification.
This ensure the quality and the validity of the certification process and meke it more trustworthy in the eyes of the consumers.

6 0

3 years ago

______ is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities,

Ad libitum [116K]

The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

<h3>What is Related diversification?</h3>

Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries

The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.

Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

Learn more on diversification from the link below.

brainly.com/question/417234

5 0

2 years ago

The Optima Mutual Fund has an expected return of 20%, and a volatility of 20%. Optima claims that no other portfolio offers a hi

mel-nik [20]

Answer:

(a) 0.75

(b) 0.2

(c) 0.6

Explanation:

(a)Calculating Sharpe ratio-

Given-

Expected return = 20%,

Risk free rate of return = 5%,

Volatility = 20%

Sharpe ratio = (Mean portfolio return - Risk free return) ÷ Standard deviation of portfolio

Sharpe Ratio = (20% - 5%) ÷ 20%

= 0.75

(b) Given-

Standard deviation = 40%,

Portfolio return= 11%,

Risk free return will remain same as 5%

Sharpe Ratio of Ebay = (11% - 5%) ÷ 40%

Sharpe Ratio of Ebay = 0.15

Correlation of Ebay with Optima fund:

= Sharpe ratio of Ebay ÷ Sharpe ratio of Optima fund

= 0.15 ÷ 0.75

= 0.2

(c) Correlation of Sub-Optima fund with Optima fund = 80%,

Sharpe ratio of Optima = 0.75

Correlation of Sub-Optima fund with Optima fund:

= Sharpe ratio of Sub-Optima fund ÷ Sharpe ratio of Optima fund

0.80 = Sharpe ratio of Sub-Optima fund ÷ 0.75

Sharpe ratio of Sub-Optima fund = 0.80 × 0.75

= 0.6

6 0

3 years ago

Gadget Twin Inc. has an expected net operating profit after taxes, EBIT(I-T), 12,600 million in the coming year. In addition, th

lina2011 [118]

Answer:

$10,670 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.

= $12,600 million - $0 - $1,890 million - $40 million

= $10,670 million

We simply deduct the increase in net operating capital and the net capital expenditure from the EBIT after tax so that the accurate amount can come

All other information which is given is not relevant. Hence, ignored it

8 0

4 years ago

Which body has the primary responsibility for the establishment of generally accepted accounting principles?.

erica [24]

Answer: The Financial Accounting Standards Board (FASB)

Explanation: The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles.

7 0

2 years ago