The impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.
Simply put, a Credit Card are offered to people by banks for purpose of making purchases or cash advances and requires them to pay back the loan amount in the future.
However, a Debit Card is quite different because it is issued by banks to an account-holder or facilitate easy withdrawal from his/her account through the ATM or at any Point of Sales.
Now, Jordan can use his Credit Card as well but he will be required to pay back the amount he withdrew with an extra Credit charges.
Therefore, in conclusion, the impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.
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So you are giving credit to the sources and information that you used in the work and so you are not penalized for plagiarism
Answer:A and C
Explanation:
Interest is compounded in savings accounts and me to reduce the amount that I must deposit today and still have my desired $1 million on the day I retire then I should either, invest in a different account paying a higher rate of interest meaning the invested amount will be compounded at a higher rate thus my initial investment amount requirement reduced. Or, since compounded interest is a function of time, if I retire later, that would mean a longer time for my initial investment to compound to $1 million, thus reducing my initial investment amount requirement.
Answer:
The correct answer is C,top level managers may pursue their own interests over that of the company.
Explanation:
Company executives tends to pursue personal interests at the expense of the shareholders who are the bona fide owners of the business.
This selfish interest pursuance is playing out because the CEO's remuneration packages cannot be said to be justifiable in that they are not linked to any performance metrics such as the level of profits posted.
The major concern is on the stock compensation and bonuses since the best practice requires that benefits should be linked to the company's underlying performance,that way the company's performance is boosted and would be seen as a way win-win situation for both shareholders and the management team.
The answer is: D. external shocks
External shocks refers to very unpredictable events that might influence a business in a certain direction (could be positive or negative), Example of external shocks would be things such as natural disaster or attacks from other country.
Since external shocks might never happen to a business, they could not be considered as a part of business cycle.
