If you’re lucky, the lender won’t report that you were late. “The
first thing to note is that most lenders do not report missed payments
until the account is 30+ days past due,” says Anthony Sprauve, director
of public relations for MyFico.com. “Suppose a given credit card payment
is due on May 15th (and) the payment is made on May 25th. Technically
the payment is late, and fees and interest charges may apply. But in
most cases, this late payment would not be reported by the creditor to
the credit reporting agencies (CRAs).”
Or it’s possible your lender may overlook for the transgression.
Steve Ely, president of eCredable.com, adds: “The larger creditors (like
credit card companies) usually have sophisticated analytic models
working behind the scenes that take into account your history of
payments. If you’ve been paying on time for a long time, they’re likely
to forgive your one late payment, and let it slide.”
Answer:
MICE; GIT; FIT
Explanation:
Meetings, Incentives, Conferencing & Exhibitions.
The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.
Group Inclusive Tour
It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.
Foreign Independent Tour
Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.
Plain out your day making time to do your work. Do some of your work then set aside 10-15 mins to relax then work until you feel you need another 10-15 just limit it to two 15 min breaks for 4 hrs of work.
Hope this help and have fun. :)
Answer:
The NPV of the project is $765.91 and option A is the correct answer.
Explanation:
To calculate the initial outlay or cost of the project, we will use the payback period of the project. The payback period is the time taken by the project's cash flows to cover up the initial cost.
A payback period of 2.5 years means that the initial cost was,
Initial cost = 2000 + 3000 + 3000 * 0.5
Initial cost = $6500
To calculate the NPV of the project, we use the following formula,
NPV = CF1 / (1+r) + CF2 / (1+r)^2 + ... + CFn / (1+r)^n - Initial cost
Where,
- CF1, CF2 , ... represents the cash flow in year 1, cash flow in year 2 and so on.
- r is the cost of capital
NPV = 2000 / (1+0.12) + 3000 / (1+0.12)^2 + 3000 / (1+0.12)^3 +
1500 / (1+0.12)^4 - 6500
NPV = $765.9137794 rounded off to $765.91
Profit margin is 25%
Given net income is $10,000 and sales is $40,000.
Cost = Sales - net income
=$40,000-$10,000
=$30,000
Profit margin to be computed.
Profit margin measures how much the money a firm or the business activity produces by dividing income by the revenues. Profit margin, given as a percentage, is basically the number of cents earned for every dollar of the sales.
Profit margin is computed with the formula given below:
Profit margin= Revenue-Cost / Revenue
= $40,000- $30,0000/ $40,000
= 0.25
=25%
Therefore, the correct option of the profit margin is c. 25%.
To know more about profit margin click here:
brainly.com/question/24161087
#SPJ4