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3 years ago

Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just

Business

1 answer:

-Dominant- [34]3 years ago

8 0

Answer:

Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an automatic minimum payment on the 18th of each month. Convince Caitlyn that this is a bad idea.

Caitlyn is working on her own reasoning which is not economical enough, when you make credit card statement review important. it would streamline spending as well as enables one to know where and what every penny is used for

Explanation:

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Indicate whether the following statement(s) applies to microeconomics or macroeconomics:

victus00 [196]

Answer:

a. The unemployment rate in the United States was 9.7 percent in March 2010 - Macroeconomics

b. A U.S. software firm discharged 15 workers last month and transferred the work to India - Microeconomics

c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise - Microeconomics

d. U.S. output, adjusted for inflation, decreased by 2.4 percent in 2009 - Macroeconomics

e. Last week, Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point - Microeconomics

f. The consumer price index rose by 2.7 percent from December 2008 to December 2009 - Macroeconomics

3 0

3 years ago

Quince Holman Corporation reports: Cash provided by operating activities $250,000 Cash used by investing activities 110,000 Cash

mash [69]

Answer:

Holman's ending cash balance is $350,000.

Explanation:

The Ending Cash Balance can be obtained by Preparing a Cash Flow Statement as follows :

<u>Quince Holman Corporation </u>

<u>Cash Flow Statement</u>

Net Cash from Operating Activities $250,000

Net Cash from Investing Activities ($110,000)

Net Cash from Financing Activities $140,000

Movement during the Year $280,000

Cash and Cash Equivalents at the Beginning of the year $70,000

Cash and Cash Equivalents at the End of the year $350,000

Conclusion :

Holman's ending cash balance is $350,000.

5 0

4 years ago

What idea did both the Regulators and Stamp Act Congress share? a. Colonial governors should make decisions unilaterally. b. Boy

alexandr1967 [171]

Answer:

the correct answer is

<em> c. Colonists wanted to be represented in the government.</em>

good luck

8 0

3 years ago

Exhibit 9-4 Refer to Exhibit 9-4. Assume the economy is self-regulating and currently is in long-run equilibrium with the price

natali 33 [55]

Answer:

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

Explanation:

Exhibit 9-4 Refer to Exhibit 9-4.

Assume the economy is self-regulating and currently is in long-run equilibrium with the price level equal to P5.

If something happens that shifts the AD curve to the AD1 position, the economy will eventually settle down at a long-run equilibrium point of __________. Question 6 options: P5, Q3. P4, Q4. P3, Q3. P3, Q5. P4, Q2.

The intersection of AD curve and the long-run aggregate supply curve determines the equilibrium real GDP and price level in the long run.This happens at P3 and Q3.

6 0

3 years ago

The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current info

Gemiola [76]

Answer:

Direct material used= $102,000

Cost of goods manufactured= $327,000

COGS= $347,000

Explanation:

<u>First, we need to calculate the cost of direct material used:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 28,000 + 105,000 - 31,000

Direct material used= $102,000

<u>Now, the cost of goods manufactured:</u>

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 40,000 + 102,000 + 130,000 + 105,000 - 50,000

cost of goods manufactured= $327,000

<u>Finally, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 80,000 + 327,000 - 60,000

COGS= $347,000

6 0

3 years ago