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raketka [301]
3 years ago
15

What is a credit limit

Business
2 answers:
Mice21 [21]3 years ago
8 0
The maximum amount of credit you can use.
Helen [10]3 years ago
6 0
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
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Michael's, Inc., just paid $2.20 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
Whitepunk [10]

Answer:

The maximum price that should be paid for one share of the company today is $54.895

Explanation:

The price of a stock that pays a dividend that grows at a constant rate forever can be calculated using the constant growth model of Dividend discount model (DDM) approach. The DDM values a stock based on the present value of the expected future dividends. The formula for price today under this model is,

P0 = D1 / r - g

Where,

  • D1 is the expected dividend for the next period or D0 * (1+g)
  • r is the required rate of return
  • g is the growth rate in dividends

SO, the maximum that should be paid for this stock today is:

P0 = 2.2 * (1 + 0.048)  /  (0.09 - 0.048)

P0 = $54.895 rounded off to $54.90

5 0
3 years ago
E-businesses use the physical rather than the virtual value chain
Olenka [21]

Answer:

trueee

Explanation:

5 0
2 years ago
When customers join the Daily Needs Reward Zone, they receive one point on every purchase they make at Daily Needs stores and Da
Tanya [424]

Answer: A customer loyalty program

Explanation:  

  A customer loyalty program is one of the type of marketing based program that is specifically designed to strengthen the relations between the organization and the consumers.

The main purpose of a loyalty program is that it helps in encourage and also motivating the various types of consumers for using the products and the services which is specifically related to the given program.  

According to the given question, a customer loyalty program is best illustrating the given situation and the Daily needs reward zone is basically using this type of program.

Therefore, Customer loyalty program is the correct answer.

5 0
3 years ago
In ___________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
mixas84 [53]

Answer:

The correct answer is:  multi-level marketing.

Explanation:

Multi-level marketing (MLM) is appealing for workers because there is tremendous potential to make money and low entry costs. It is a business strategy in which salespeople recruit other individuals to sell products or services for them in order to earn a portion of their sales in addition to their own sales.

6 0
3 years ago
Skolits Corp. issued 10-year bonds 2 years ago at a coupon rate of 8.7 percent. The bonds make semiannual payments. If these bon
kykrilka [37]

Answer:

7.36%

Explanation:

Nper = (10-2)*2 = 16

Pmt = 1000*8.7%/2 = 43.5

Pv = -108%*1000 = -1080

Fv = 1000

YTM = Rate(Nper, pmt, -Pv, Fv)*2

YTM = Rate(16, 43.5, -1080, 1000)*2

YTM = 0.036795696 * 2

YTM = 0.073591392

YTM = 7.3591392%

YTM = 7.36%

6 0
3 years ago
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