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3 years ago

Which of the following is NOT a common credit card fee?

Business

2 answers:

Olegator [25]3 years ago

6 0

I wanna say D is your answer.

Vitek1552 [10]3 years ago

4 0

C. Balance transfer fee
Hope this helps! :)

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Keith Inc. has 4 product lines: sour cream, ice cream, yogurt, and butter. Demand of individual products is not affected by chan

aleksley [76]

There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00

3 0

4 years ago

Read 2 more answers

The Keynesian view of economics assumes that:

olga nikolaevna [1]

Answer:

The correct answer is

b. wages are sticky.

good luck

7 0

3 years ago

The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 820,000 Net operating income $ 59,000 Averag

VladimirAG [237]

Answer:

11.56%

Explanation:

The computation of the minimum required rate of return is shown below:

Residual income = Net operating income - (Average operating assets × minimum required rate of return)

$22,000 = $59,000 - ($320,000 × minimum required rate of return)

After solving this the minimum required rate of return is 11.56%

By applying the above formula we can find out the minimum required rate of return

7 0

3 years ago

Kari would like to make a down payment on a house. She currently has $7000. What interest rate must Kari receive for her investm

Step2247 [10]

Answer:

10.29%

Explanation:

Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate.

To find the interest rate Kari must receive for her investment to double in 7 years, we would use the Rule of 72;

Rule of 72 = 72/7

Rule of 72 = 10.29%

Therefore, Kari must receive an interest rate of 10.29% for her investment to double in 7 years.

5 0

3 years ago

(a) Bank of Marienfield started its first day of operations with $150 million in capital. It received a total of $100 million i

Juliette [100K]

Here, we are going to prepare the balance sheet of Bank of Marienfield using the information given in the question..

Formula for Total liabilities is Capital + Checkable deposit + Loan from bank

Given Information

Capital = $150 Million

Checkable deposit = $100 Million

Loan from bank= $50 Million

Total liabilities = $150 Million + $100 Million + $50 Million

Total liabilities = $300 Million

Additional given Information

Commercial loan = $150 Million

Investment in shares = $120 Million

Investment in Treasury bonds = $20 Million

Required reserve = Checkable deposit * Required reserve rate

Required reserve = $100 Million * 10%

Required reserve = $10 Million

Excess reserve = Total liabilities - (Commercial loan + Investment in shares + Investment in Treasury bonds + Required reserve)

Excess reserve = $300 Million - ($150 Million + $120 Million + $20 Million + $10 Million)

Excess reserve = $300 Million - $300 Million

Excess reserve = $0 Million

Balance sheet of Bank of Marienfield.

Assets Amount Liability Amount

Required reserves $10 million Bank capital $150 million

Excess Reserve $0 Checkable deposit $100 million

Commercial loan $150 million Loan from bank $50 million

Investment in shares $120 million

Invest. Treasury bond $20 million

Total $300 million Total $300 million

3 0

3 years ago