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3 years ago

Making a credit card minimum payment:

2 answers:

8 0

a) Means you are paying a small portion of your total credit card debt

yes, it is paying a small portion of your total.. after all, it is called "minimum", in which you don't pay all that you owe the credit card company at once.

hope this helps

ANEK [815]3 years ago

8 0

Answer: A

Even if your credit card calculates minimum payments differently and you might even have a lower interest rate than 18%, your minimum payment mostly goes towards interest and not your principal balance.


^ From google.

i hope this helped and have a wonderful day!!

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Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $45 to you. One of you

ch4aika [34]

Answer: The total value created from the trade is $58

Explanation: The value created by me is $25 as I sold for $70 a bicycle worth $45 to me. That is $70 - $45 = $25.

On the otherhand, my friend created a value/gain of $33. He bought the bicycle for $70 but the worth to him is $103. That is, $103 - $70 = $33

In essence, the total value created will be the summation of the value created by me and that of my friend

That is, $25 + $33 = $58

3 0

3 years ago

In an Argand diagram, the point P represents the complex number z, where z = x + iy. Given that z + 2 = λi(z + 8), where λ is a

Scilla [17]

Answer:

The answer is " $\boxed{z= \frac{-16}{5}- \frac{-12}{15}i}$ ".

Explanation:

As the problem stands

At the point of P, it is the complex number z in the Diagram of Argand and z = X+iy.

We have said this: $(z+2)= \lambda i (z +8) .... (i)$

where the $\lambda$ parameter is a true

The conceptual equation of the locus P varies between $z = x+iy \ \ \ to \ \ \ \lambda$

And in equation mentioned above.

$x+iy+2=\lambda i(x+iy+8) \\\\x+iy+2= \lambda xi+ \lambda i^2y+\lambda 8i\\\\ x+2+iy=-y \lambda +i(x+8)\lambda\\\ compare \ real \ and \ imaginary\ part \\\\\ x+2 = -y\lambda \\\\y= (x+8) \lambda\\\\ \lambda = \frac{x+2}{-y} \\ \\ \lambda = \frac{y}{x+8}$

$y^2= -x^2-10x-16 ....(ii)\\\\z= \mu (4+3i)....(iii)\\\\\ z= x+iy \\\\x+iy = 4\mu + 3 \mu i \\\\x= 4\mu \\\\y= 3\mu$

put the value of x, y in equation (ii) we get:

$5\mu +4=0\\\\\mu = \frac{-4}{5} \\\\$

to put the of $\mu$ in equation (iii) we get:

$z= \frac{-4}{5} (4+3i) \\\\ \boxed{z= \frac{-16}{5}- \frac{-12}{15}i} \\$

8 0

4 years ago

Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The

Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0

3 years ago

Richards Corporation uses the weighted-average method of process costing. The following information is available for October in

yuradex [85]

Answer:

The equivalent units of conversion is 351,300

Explanation:

The computation of the conversion equivalent units is shown below:

= (Units completed and transferred out × conversion percentage) + (Ending Inventory × conversion percentage)

= 348,000 × 100% + $33,000 × 10%

= 348,000 + 3,300

= 351,300

All other information which is given in the question are not relevant. So, ignore other information.

8 0

3 years ago

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:_____

mars1129 [50]

Answer:

The profit margin controllable by the Central Valley segment manager is: $ 95,000.

Explanation:

Only items directly controllable by the Manager should be included in the divisional financial performance measure.

Central Valley Division

Revenues $ 405,000

Less Variable Costs :

Variable operating expenses ($ 230,000)

Controllable Contribution $ 175,000

Less Controllable fixed expenses ($80,000)

Controllable Profit $ 95,000

3 0

3 years ago