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2 years ago

What is the amount of money you still owe to their credit card company called?

1 answer:

8 0

The amount of money you still owe to a credit card company is called CREDIT CARD BALANCE.
When you are using a credit card, the company which issues the card expect you to pay your debt on a monthly basis. At times, you may not be able to pay all the money you owe in a month, the remaining amount which you are yet to pay is your credit card balance.

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The internal rate of return (IRR) is that discount rate that equates the present value of the cash outflows (or costs) with the

astra-53 [7]

Answer:

True

Explanation:

The internal rate of return is a measurement utilised in capital planning to appraise the productivity of potential investment. The internal rate of return is a markdown rate that makes the net present worth of all incomes from a specific task equivalent to zero. If the NPV is zero the project is not feasible and if the NPV is zero or positive the investor should invest in that particular project

6 0

2 years ago

Correct identification of the underlying root cause is the desired outcome of the ________________ approach to problem solving.

Citrus2011 [14]

Answer:

Letter A is correct. <u>Cause-oriented.</u>

Explanation:

A cause-oriented approach to problem solving is a method characterized by focusing on the history of the problem and then thereafter finding the root cause that originated it.

It is a very effective method when used to find solutions to various organizational problems that are apparently unsolved.

8 0

3 years ago

Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date w

Murrr4er [49]

Answer: $603,500

Explanation:

Ending inventory in 2014;

= Ending inventory balance 2013 + (( $\frac{Inventory current price 2014}{Price index 2014}$ * 100) - ending inventory 2013)) * Price index 2014/100

= 550,000 + (( $\frac{642,000}{107}* 100$ ) - 550,000)) * 107/100

= $603,500

3 0

2 years ago

A put option on a stock with a current price of $47 has an exercise price of $49. The price of the corresponding call option is

Sedbober [7]

Answer:

The answer is 5.559539 or 5.56.

Explanation:

From the given question let us recall the following statements

The current price of A put option on a stock = $47

With an exercise price of $49

Annual risk-free rate of annual interest is = 5%

The corresponding price call option is = $4.3

The next step is to find the put value

Now,

The Call price + Strike/(1+risk free interest) The Time to maturity =

Spot + Put price

Thus

The,Put price = Call price - Spot + Strike/(1+risk free interest)Time to maturity

When we Substitute the values, we get,

Put price = (4.35 - 47) + 49/1.05 4/12

Therefore, The Put Price = 5.559539 or 5.56

4 0

3 years ago

Read 2 more answers

As the product manager for Whirlpools line of washing machines you are in charge of pricing new products. Your product team has

Alex17521 [72]

Answer:

The management should adopt skimming pricing strategy.

Explanation:

For the fact that this is a new technology and very difficult to be copied, the management should adopt skimming pricing strategy. This will allow them to charge high prices and make money in the market before their competitors starts making the same kind of washing machine. This product has benefits for the consumers as well as it consumes less water to clean the clothes so there is high probability of this machine is accepted even if the prices are exorbitantly higher and from this, its going to be demanded by many costomers.

7 0

3 years ago

Read 2 more answers