Answer:
c. is designed to expand real GDP.
Explanation:
Expansionary fiscal policy is the policy of increasing government spending to stimulate demand and thus expand real GDP.
It is often used when the economy is in recession, where people don't spend so there is not enough demand => cut down in supply (below capacity output/GDP) => job loss => less income => even less spending (demand) and so on.
Credit utilization is the amount of credit owed compared to the total credit limit. Since there are two cards, we have to add the credit balances of both cards, then divide that by the total credit limit of both cards.
TOTAL CREDIT BALANCES:
=$410 + $510
=$920 total credit balance
TOTAL CREDIT LIMIT:
=$1000 + $1000
=$2000 total credit limit
CREDIT UTILIZATION:
=total balance ÷ total limit
=$920 ÷ $2000
=0.46 credit utilization
PERCENT:
to find percent multiply decimal by 100 (or move decimal two places to the right)
=0.46 x 100
=46% credit utilization
ANSWER: The overall credit utilization is 46% (which is quite high- the higher the utilization, the higher the credit risk to credit lenders).
Hope this helps! :)
Points ) Which of the following statements is true about interacting with people from different cultures ? a) Most people within a culture will think and act the same. b) It's important to treat people from different cultures as individuals. c) Some cultures are better than other cultures. Generalizations and stereotypes don't impact people's perceptions of cultures.
Answer:
9
Explanation:
accounts receivable turnover ratio = net credit sales / average accounts receivables
- net credit sales = $7,200,000
- average accounts receivable = (beginning balance + ending balance) / 2 = ($820,000 + $780,000) / 2 = $1,600,000 / 2 = $800,000
accounts receivable turnover ratio = $7,200,000 / $800,000 = 9
The accounts receivable turnover ratio measures how effectively can a company collect its accounts receivables during a certain period.
Answer:
the synergy from the merger is $4,375,000
Explanation:
The computation of the synergy from the merger is shown below:
= Annual cash flow ÷ discounted rate
= $350,000 ÷ 0.08
= $4,375,000
hence, the synergy from the merger is $4,375,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
All other values would be ignored
