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Bond [772]
2 years ago
11

When explaining credit to a friend, which of the philosophy can you use?

Business
1 answer:
tatiyna2 years ago
7 0

Buy now, pay later is the Philosophy that i will use when explaining about credit to a friend

Explanation:

  • <u>The philosophy of the credit card is based on the credit cycle.(</u><u>i.e Buy Now,Pay Later)</u>
  • That means that if you don't  have cash-in -hand then you only need to make payment through credit card and then when you have money the amount spend gets debited from your bank Account.
  • The credit card follows a 50 days credit cycle
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Which of the following statements is TRUE of payback​ period? A. If the payback period is greater than the maximum acceptable pa
Firdavs [7]

Answer:B. If the payback period is less than the maximum acceptable payback​ period, accept the project.

Explanation:

The payback period measures if a capital investment is profitable.

The payback period measures how long it takes to recover the amount invested in a capital project. It calculates how long it takes for the cash flows generated from a capital project to be equal to the cost.

For example if a project costs $10,000. It cash flows in year 1,2,3 and 4 are $5000, $3000, $2000, $6000. The payback period is 3 years. If the company has a maximum acceptable payback period of 2 years, then the company won't take on the project because its payback period is more than the maximum acceptable payback period.

If the company has a maximum acceptable payback period of 4 years, then the company would take on the project because its payback period is less than the maximum acceptable payback period.

7 0
2 years ago
PLEASE ANSWER FAST
baherus [9]
I believe it’s true and false cuz most of the time u Can’t get into the job that u wanted all the time but you can hope but I mean a job is a job
8 0
2 years ago
5. What strategy does BCG prescribe for each SBU? 6. If you do not agree with the prescribed strategies. What would you do? Just
bixtya [17]

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2 years ago
A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 17%, while stock B has a standard
Goryan [66]

Answer:

.793

Explanation:

Formula

.032=.7^2*.17^2+.3^2*.23^2+2(.7)(.3)(.17)(.23)p

.032=.0142+.0048+.0164p

.032-.0142-.0048=.0164p

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3 0
2 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Ne4ueva [31]

True. This is one of the most basic economic concepts which you should recite by heart.

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