Answer:
b. Consolidate all credit cards onto a single card with a single interest rate.
Explanation:
When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.
For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.
But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.
Morale means confidence, enthusiasm, and discipline of a person or group at a particular time.
The current share price is approximately $69.47
<h3>
What is the Share price?</h3>
- The cost of one share of a group of marketable equity shares of a firm is known as the share price.
- Simply put, the stock price is either the lowest possible price or the maximum price someone is ready to pay for the stock.
- Analysts estimate the behavior of asset prices, especially share prices in stock markets, using random walk approaches in economics and financial theory.
- The share price method is predicated on the idea that investors behave logically and impartially and constantly appraise the value of an asset based on expectations for the future.
- In such a scenario, the price is influenced by all available information and is only subject to alteration in response to the release of new information.
Share price = $13.5 × Present value of annuity factor(11%,8)
Share price =$13.5 × 5.146122761
Share price =$69.47(Approx).
Hence, the current share price is approximately $69.47
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Answer:
The answer is letter C, Broker.
Explanation:
In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.
In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.
<u>Additional Information</u>
Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.
Commission Merchant- a person who buys and sells products. He receives commission for the sales price.
Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.
Sales Office- this is a location that is used for the purpose of selling. It is often leased.
There are 3 credit reporting companies
