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Citrus2011 [14]
3 years ago
11

This is a debt that will be subtracted from the balance of your account

Business
1 answer:
Archy [21]3 years ago
6 0

Answer:

Debit Card Debt.

Explanation:

Currently, there is a lot of options that you can use in order to obtain loan. But the one that most commonly used are Credit Cards and Debit cards

There is a crucial difference between Credit Cards and Debit cards:

- Debit Cards are issued by the bank. In order to get you have to open an account and deposit a certain amount your money. The amount of the money that you deposit will basically be the limit on how much 'debt' you can take by using the debit card. The amount of money from transaction that you do will be directly subtracted from the balance of your account.

- when you use Credit Card, the amount of money from the transaction will be billed to you at the end of each month or years. The amount wouldn't be directly subtracted from the account.

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Elmer’s utility function is U(x, y) = min{x, y2}. If the price of x is $25 and the price of y is $15 and if Elmer chooses to con
Arte-miy333 [17]

Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

U(x, y) = min{x, y2}

Price of x is $25

ANd, the prcie of Y is $15

So,

25X + 15Y = M

if Y = 7,

So,  

At eqm, X = Y^​​​​​​2 = 49

Then ,

M = 25 × 49 + 15 × 7

= 1225 + 105

= 1330

Hence, the income is $1,330

The same should be relevant and considered too

6 0
3 years ago
Joe is one of the lead accountants for his company. Last month he was pressured to prepare the financial reports more quickly th
Minchanka [31]

Answer:

Explained.

Explanation:

Joe being the lead accountant for his company so, he prepares the financial reports.

Joe made mistakes in financial report making his  manager angry  because the resources at the Joe's company are limited and financial report that are timely and reliable would have helped the company to attract some financial investment.

6 0
3 years ago
Ethier Enterprise has an unlevered beta of 1. Ethier is financed with 55% debt and has a levered beta of 1.1. If the risk free r
tresset_1 [31]

Answer:

The correct answer is 0.4%.

Explanation:

According to the scenario, the computation for the given data are as follows:

If no debt, then required return can be calculated by using following formula:

Required return ( no debt) = Risk free rate + Unlevered Beta × Market risk premium

= 6% + 1 × 4%

= 0.06 + 0.04

= 0.10 or 10%

If debt, then required return can be calculated by using following formula:

Required return ( with debt) = Risk free rate + levered Beta × Market risk premium

= 6% + 1.1 × 4%

= 0.06 + 0.044

= 0.104 or 10.4%

So, extra premium required = 10.4% - 10% = 0.4%

6 0
3 years ago
Which of the following is an inconsistency of using market multiples to determine value? A) Using a market multiple assumes that
VikaD [51]

Answer:

B) Using a market multiple assumes that the target company is mispriced, while comparable companies are correctly priced.

Explanation:

Market Multiple, also known as trading multiples, is used to compare two financial measures, to determine the value of a company. It is another name for Price to Earnings Ratio (also called P/E Ratio).

Using the market multiple approach, investors can determine whether stocks in their portfolios will increase or decrease in price through the next term. Investors may then buy or sell stocks in order to maximize their expected gains calculated.

6 0
3 years ago
Who was the first human beings​
denpristay [2]

Answer:

there is not first human beings but I hope this will help you

Explanation:

The earliest members of the genus Homo are Homo habilis which evolved around 2.8 million years ago. Homo habilis has been considered the first species for which there is clear evidence of the use of stone too

8 0
3 years ago
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