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Troyanec [42]
3 years ago
11

Consumer credit has very few advantages and is best avoided at all times.

Business
1 answer:
Thepotemich [5.8K]3 years ago
8 0

Answer:

False

Explanation:

Credit can allow you to make investments that earn money such as a house or a college education. It can also allow you to take advantage of good prices on things that you need such as a car or laptop. While there are disadvantages to credit, and you have to be careful when using it, there are many advantages as well.

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Luke is a student. Arrange the career planning steps that he should follow In sequence.
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3 years ago
Suppose you believe that Delva Corporation's stock price is going to decline from its current level of $82.50 sometime during th
Yakvenalex [24]

Answer:

B. $1,989.75

Explanation:

Cost of option (C) = $510.25

Option selling price (Po) = $85 per share

Share price when selling (Ps) = $60 per share

Number of shares (n) = 100 shares

Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:

E=(P_o-P_s)*n\\E=(\$85-\$60*)100\\E=\$2,500

To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:

P=E-C= \$2,500-\$510.25\\P=\$1,989.75

6 0
3 years ago
Of the approximately 27.3 million small businesses in this country, ____ have no employees.
jenyasd209 [6]
<span>Approximately 90% of all small businesses have no employees. These would be the businesses run by a single person or a partnership, with no outside help having been hired to help with the duties of the job. This shows that a great percentage of these businesses are one- and two-person endeavors, while the larger small businesses are a distinct minority.</span>
3 0
3 years ago
One year ago, you entered into a futures contract to buy 100,000 euros at a futures contract price of $1.22, with a settlement d
Law Incorporation [45]

Answer:

Profit of $3000

Explanation:

The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.

The Value in dollars at the time is: $122,000

At the maturity spot rate of the euro is $1.25.

The value of the contract is: $125,000

The difference:

$125,000-122,000

=$3000.

Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.

8 0
3 years ago
A company's prospectus includes:
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A. “provides details about an investment offering”
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2 years ago
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