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Ivanshal [37]
3 years ago
5

Which method for calculating a credit card balance does not take into account the purchases or the payments made during the curr

ent billing cycle?
Business
2 answers:
Allushta [10]3 years ago
5 0

Answer:

The Adjusted Balance Method Calculation.

Explanation:

The adjustment balance method for calculating credits uses the previous balance from the end of the last credit or billing cycle excluding any payments and billings made during the current billing cycle.

It gives a grace period on new expenditures and if payment are made for the new credits before the last day, there will be no billing charges.

Vaselesa [24]3 years ago
3 0

Answer: previous

Explanation:

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Kiddy Toys produced beautifully made stuffed animals that many customers wanted. However, the product was so expensive that most
amm1812

Answer:

The answer is: C) Low efficiency and high effectiveness.

Explanation:

The company Kiddy Toys made a great product (High effectivness) but they couldn´t produce it a reasonable cost, so it was very expensive to sell (Low efficiency). As a result they had a great toy that very few customers could afford to buy.

Sometimes a company is able to manufacture a great product, they had a terrific idea that lots of people will like and want. The problem is that if they can not manufacture that product at a low cost then they will never have high sales volumes. This is the very exact reason why most toys nowadays are created in the US but mass produced in China.  

6 0
3 years ago
14. Based on the bond price, we could say that it was issued at _____. Then, what could you say about the interest rate at the t
Dahasolnce [82]

Answer:

Par value, interest rate is equal to coupon rate

Explanation:

Par value, face value or nominal value is the amount of money bond issuers oblige to pay to bond holders at its maturity. When the bond is issued at this value, it is issued without premium or discount or at equal interest and coupon rates. Interest rates are usually set by the market. Bondholder has rights to periodic coupon payments and nominal payment at bond's maturity.

6 0
2 years ago
Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal
maxonik [38]

Answer:

player 2 is signing a better contract

Explanation:

the present value of an annuity (player 1) = annual payment x annuity factor

assuming that the interest rate is 10%

present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million

player 2's contract

the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million

4 0
3 years ago
According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium
Lorico [155]

Answer:

Choice A would be the right response to either the following statement.

Explanation:

  • This theory seems to be a hypothesis that implies that shareholders will seek a higher rate of return as well as premiums on high-term securities with significantly increased risk maturity since, if all other considerations are similar, investors choose cash and perhaps other extremely liquid assets.
  • Even if there is an excess of capital, the inflation rate would have been over stability, as well as the amount of money needed would have been too increasing for stability.

The other choices are not relevant to the situation in question. So choice A is the right one.

3 0
2 years ago
What potential challenges will you have supporting your argument with this demographic?
Nataly_w [17]

<span>Being expressive to the audience for a certain essay is vital because it regulates the content that will give the impression in the writing.  The content of an essay that has a detailed topic will differ depending on the projected audience. Having a fixated topic is imperative, but having a precise audience is correspondingly significant.</span>

7 0
3 years ago
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