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Akimi4 [234]
3 years ago
13

Suppose you have two credit cards. The first has a balance of $410 and a credit limit of $1,000. The second has a balance of $51

0 and a credit limit of $1,000. What is your overall credit utilization?
Business
2 answers:
s2008m [1.1K]3 years ago
6 0
Your overall credit utilization is 46 percent. This number is arrived at by adding the total amount of debt ($920) by the total amount of available credit($2000). It represents the amount you owe compared to the amount you have available to spend. While credit utilization of 46 percent will probably not adversely affect your credit score, a better score can be attained by keeping your overall credit utilization below 30 percent.
ValentinkaMS [17]3 years ago
4 0
<h2>Answer:</h2>

The overall credit utilization is 42%.

<h3>Explanation:</h3>

The card utilization is the credit in the card divided by the card limit and multiplied by the 100.

It is measured in the percentage.

Card utilization = credit in card/card limit *100

So the total credit in both cards = $510 + $410 = $920

Credit limit of both cards = $1000 + $1000 = $2000

By putting values in the formula:

Card utilization = $920/$2000 * 100 = 42 percent.

Hence the overall credit utilization is 42%.

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Answer:

marginal resource cost is equal to their MRP

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A business's profit will maximize when its marginal resource cost equals its marginal revenue product.

Marginal revenue product calculated by multiplying the marginal physical product (MPP) times the marginal revenue (MR), e.g. an additional worker can produce 10 units and each unit costs $10, MRP = 10 x $10 = $100

Marginal resource cost is the cost of using an additional unit of input, e.g. cost of hiring an additional worker.

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3 years ago
If the economy is at potential output, and the Fed _____ the money supply, in the long run, the price level will likely _____.
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3 years ago
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Answer:

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In 2019, Alliant Corporation acquired Centerpoint Inc. for $352 million, of which $62 million was allocated to goodwill. At the
Kazeer [188]

Solution:

The reporting unit's book value of $250 million meets the market value of $220 million.

Requirement 1:

Determination of implied fair value of goodwill:

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Implied fair value of goodwill                                                 $ 20 million

Measurement of impairment loss:

Book value of goodwill                           $62 million

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Impairment loss                                       $42 million

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Option C is correct answer.

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What happens when goals are unclear?

A lack of direction and unclear goals are among the largest reasons why projects fail. While it may be impossible to predict every outcome, taking time early on to define and communicate objectives and goals can radically increase the chance your team successfully completes a project.

Learn more about Unclear definitions of goals :

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