Answer:
Choosing a credit card.
Explanation:
A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.
Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.
The important criteria to consider when choosing a credit card are;
1. Annual Percentage Rate (APR).
2. Credit limit.
3. Penalties and fees.
4. Cash back.
Because all other big financial corporations would have failed due to the prospect of systemic risk, aig received bailout money while Lehman Brothers did not.
The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively. The definition of finances according to Finance Box is "The money that people, businesses, or national economies earn and spend." Risk is the potential for bad things to happen, to put it simply. Risk refers to uncertainty on how a certain action will affect or have implications for a human value (such as one's health, well-being, wealth, property, or the environment), frequently focused on unfavourable outcomes.
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A situation that would allow a country to import more goods for the same amount of money is A. The exchange rate for the country's currency increased.
<h3>What happens when exchange rates increase?</h3>
When a nation's exchange rate increases, it means the country's currency is now stronger and can buy more goods.
This means that the country will be able to import more goods for the same amount of money because that amount of money is now more valuable.
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Answer:
Total dividend paid = $340,000
Preferred dividend = 7% x $4 x 150,000 x 3 years = $126,000
Dividend paid to common stock holders
= $340,000 - $126,000
= $214,000
The correct answer is C
Explanation:
There is need to calculate the preferred dividend for 3 years, which is a function of dividend rate, current market price, number of preferred stocks outstanding and number of years. The current market price of the preferred stock is used for the computation because the preferred stock has no par value. Then, the amount of dividend paid to common stock holders is the difference between the total dividend paid and preferred dividend.
Answer:
The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40
Explanation:
It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units
From Production of 10500 units to 10501 units, there is an increment of 1 unit.
<u>Lets find the incremental cost of 1 unit.</u>
1.To do this we only consider variable manufacturing costs only.
2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.
3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.
Extra 1 Unit
Direct materials $6.70
Direct labor $3.50
Variable manufacturing overhead $1.20
Total Cost $11.40
