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stich3 [128]
3 years ago
10

If you owe $2000 on a credit card, at an 18.4% interest rate and you make $50

Business
1 answer:
vodomira [7]3 years ago
6 0

Answer:B

Explanation:

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Effective reading involves what four steps? Select one: a. Preparing, reading, capturing key ideas, and reviewing. b. Preparing,
lidiya [134]

Answer:

Preparing, reading, capturing key ideas, and reviewing.

Explanation:

8 0
3 years ago
Please answer i m confused
valentinak56 [21]

False heebejeebiesweebies

4 0
3 years ago
Read 2 more answers
The Lodge borrowed $2,000,000 for five years at an annual interest rate of 9% from the Merchant Bank, which required a $100,000
AleksandrR [38]

Answer:

option (b) 9.5%

Explanation:

Data provided in the question:

Loan Amount = $2,000,000

Annual interest rate = 9%

Required compensating balance = $100,000

Now,

Effective interest rate(EIR)

= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)

= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )

= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )

= 0.0947 ≈ 0.095

or

= 0.095 × 100%

= 9.5%

Hence,

the answer is option (b) 9.5%

4 0
3 years ago
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except: standardizing busi
soldi70 [24.7K]

Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Thus the correct answer is D.

<h3>What is Oracle?</h3>

Oracle is a type of software developed as the most flexible and economical method of managing data and applications. Oracle Database created for corporate distributed systems.

The software used in coca-cola enables the organization to improve the business process with the help of standardization. It enables them to respond to market changes that took place immediately and make implementation based on current trends.

It helps them to reduce the cost of raw materials by properly bargaining with the suppliers and bringing material in an economic manner.

Therefore, option D reducing the number of employees is the appropriate option that is excluded by the software.

Learn more about software, here:

brainly.com/question/26649673

#SPJ1

7 0
2 years ago
Halsted, Inc., has outstanding 10,000 shares of $200 par value, 7% nonparticipating, cumulative preferred stock and 10,000 share
solniwko [45]

Answer:

Preferred stock holders' dividend = $280000

Common stock holders' dividend = $8000

Explanation:

A cumulative preferred stock is one whose dividends are accumulated in arrears and are to paid in the following year(s), if the company fails to pay or partially pay the dividends in a certain year. The yearly dividend on preferred stock is,

Preferred stock dividend = 10000 * 200 * 0.07 = $140000

As the dividends on preferred stock are in arrears for one year, the company will pay a dividend this year on preferred stock of,

Preferred stock dividend to be paid = 140000 + 140000 = $280000

Thus, out of the announced dividend of $288000, $280000 will be paid to the preferred stock holders while the remaining $8000 will be paid to the common stock holders.

6 0
3 years ago
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