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olga2289 [7]
3 years ago
13

Explain why making the minimum payment leads to paying the most interest

Business
1 answer:
Rama09 [41]3 years ago
4 0

Paying the minimum interest on an account balance leads to paying the most in interest because you will make the payments over a longer period of time. The sooner you get the balance paid off, the less amount of interest you will pay. Interest stacks on top of each other over the length of time to pay the debt off.

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While developing products for the LEGO DC Super Hero Girls line, the company should develop a marketing strategy based on which
mylen [45]

Answer: psychographic

Explanation:

Psychographics is the marketing method whereby the consumers are studied based on their psychological characteristics like the interests, desires, lifestyle choices, values, goals, etc.

Psychographics focuses on the values and the emotions of the consumers by understanding them so that the marketing of goods can be done more accurately.

5 0
3 years ago
S&L Computer services has separate divisions to focus on the needs of individual consumers, small businesses, and large busi
prisoha [69]

Answer:

Letter c is correct. <u>Customer.</u>

Explanation:

Departmentalization by customer is a type<u> of grouping that divides organizational activities so that they are effective in meeting and directing organizational strategies to a type of audience that has similar characteristics</u>, such as age, gender, preferences, and income. Each unit has customized characteristics and sales method so that the customer group has a positive perception about the organization and its requirements and needs are properly met.

3 0
3 years ago
Emst &amp; frank stock is listed on nasdaq. the firm is planning to issue some new equity shares for sale to the general public.
xxMikexx [17]
Based on the scenario, i think the sale will definitely occur in Primary markets
In capital market term, primary market refer to various deals that included in issuing new securities (most commonly happen when the company try to raise funds from the capital market)

hope this helps
3 0
4 years ago
Stacey and Andrew each own one-half of the stock in Parakeet Corporation, a calendar year taxpayer. Cash distributions from Para
Fittoniya [83]

Answer:

Option 3

Explanation:

Earnings & profits (E&P) is the measure of a corporation’s economic ability to pay dividends to its shareholders. An up-to-date E&P calculation is important for many corporate transactions, including determining whether a distribution to shareholders is a taxable dividend.

The E&P allocated to Andrew's distribution

= 160,000 * 150,000/(350,000+150,000)

= 160,000 * 150,000/500,000

= 48,000

Option C

8 0
3 years ago
Breadmaster produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $2.00 p
Butoxors [25]

Answer:

Flour purchase requirement:

July 898 pounds of Flour ($1,796)

August 1,076 pounds of Flour ($2,152)

September 976 pounds of flour ($1,952)

Q3 purchase requirement = 2,950 pounds (valued at $5,900)

Explanation:

July

Flour requirement = 1/2 x [(100% x 1,540) + (20% x 1,820)] = 1/2 x (1540 + 364) = 952 pound of Flour

But Opening stock is 154

Flour to be purchased in July = 898 pounds of flour (at $2 per pound) = $1,796

August

Flour requirement = 1/2 x [(100% x 1,820) + (20% x 1,660)] = 1/2 x (1820 + 332) = 1,076 pounds of Flour

Flour to be purchased in August = 1076 pounds of flour (at $2 per pound) = $2,152

September

Flour requirement = 1/2 x [(100% x 1,660) + (20% x 1,460)] = 1/2 x (1660 + 292) = 976 pounds of Flour

Flour to be purchased in August = 976 pounds of flour (at $2 per pound) = $1,952

3 0
4 years ago
Read 2 more answers
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