1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler [38]
3 years ago
14

Reginald's credit card statement states that his balance is $550. What does the term balance mean?

Business
2 answers:
bagirrra123 [75]3 years ago
8 0
The term "balance" mean is the total amount that you currently owe to the credit card company. Based on the statement above, therefore, Reginald owe's $550 from the credit card company and this is the total amount that he used in his expenses using the credit card. 
liberstina [14]3 years ago
6 0

Answer:

C. Reginald's total account debt as of the statement date.

Explanation:

You might be interested in
on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
Kitty [74]

Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.

here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.

What Are Short-Term Investments?

  • Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
  • After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
  • Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
  • Typically, these investments are high-quality and highly liquid assets or investment vehicles.
  • Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.

To know more about Short-term investment visit:

6 0
2 years ago
The following statement describes which of the following theories? _________ is a theory of management that analyzes and synthes
Angelina_Jolie [31]

Answer:

The answer is: Taylorism

Explanation:

Frederick Winslow Taylor and Henry Fayol are considered the "fathers" of management theory, but had opposing views on how businesses should work and be organized. Taylor was responsible for developing the Scientific Management theory (Taylorism) and led the Efficiency Movement.

He was obsessed with increasing labor productivity. Most of his theories are considered archaic now, but he was the first man to really try to understand this concept. Most of his ideas still serve as a basis for modern management and some companies like McDonald's still follow several of his basic concepts like work specialization.  

4 0
3 years ago
Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C
Elan Coil [88]

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

                                                  = 5%*400,000*(3/2)

                                                   = 30,000 share

per share price can be determined by using following relation:

price\  per\  share =\frac{ outstanding\  share*\  trading\ price * investor's\  share}{ number\  of \ share\  after \ splittg}

                             = \frac{40000 *135*0.05}{30000}

                               = $90

3 0
3 years ago
On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June
densk [106]

Answer:

Yes, because the job offer is for longer than one year from March 1

Explanation:

Since in the question it is mentioned that Sara who is a student have offered a job on March 1 that begins on June 15 and she have to move to california for the job. So here the Sara  would ask the letter in the case when she accepted the offer immediately as the job offer would be more than one year i.e. from March 1

Therefore the above represent the answer

7 0
3 years ago
Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $5.00. What was the growth rate in earnings per sh
liberstina [14]

Answer:

25.89%

Explanation:

With regards to the above information, initial earning = $0.50

Final earnings = $5.0

Number of periods = 10 years

We can formulate the above into an equation, which will now be:

$5.00 = $0.5 ( 1 + rate )^ 10

We can simplify furthermore.

1 + rate ^ 10 = 5 / 0.5

1 + rate ^ 10 = 10

1 + rate ^ 10 = 10^1/10

1 + rate = 10 ^ 0.1

1 t rate = 1.2589

rate = 1.2589 - 1

rate = 0.2589

rate = 25.89%

Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .

3 0
3 years ago
Other questions:
  • What would be an appropriate long-term goal for Rafael, a student who wants to be a police officer?
    7·2 answers
  • Cloud nine, by caryl churchill, and the laramie project, by moises kaufman, are examples of a contemporary trend in which
    15·1 answer
  • What is one difference between a vocational school and on-the-job training?
    5·2 answers
  • At specific mileage intervals, Capitol sends certificates to owners of their automobiles offering discounts on repair services t
    7·1 answer
  • Consider the following scenario analysis:Rate of Return Scenario Probability Stocks BondsRecession 0.20 -4 % 16 %Normal economy
    15·1 answer
  • Who is that please???
    14·2 answers
  • A-2-Z Design Services engaged in the following significant activities during the year: The company issued common stock for $250,
    12·1 answer
  • Rearden Metals is considering opening a strip mining operation to provide some of the raw materials needed in producing Rearden
    6·1 answer
  • which of the following is the features of memorandum. (a) no salutation (b) dear ma/sir (c) it contains letter headed paper (d)
    12·1 answer
  • Can anyone help me with something?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!