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Liono4ka [1.6K]
3 years ago
9

Ou have 3 credit cards: $990.34 (credit limit: $3,500.00), $2,365.78 (credit limit: $4,600.00), and $5,897.65 (credit limit: $8,

000.00). you pay off the lowest balance and close the card. what happened to your debt ratio
Business
1 answer:
Molodets [167]3 years ago
4 0
The correct answer in this particular situation would be it increased.
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What is unemployment insurance fund
MArishka [77]
Salutations!

What is unemployment insurance fund?

Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.

Hope I helped :D
3 0
4 years ago
Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing
Luden [163]

Answer:

If Mo pays cash, the cost of the purchase will be $140.

If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.80.

Explanation:

If Mo pays cash, it implies that she does not get the 3% discount she is entitled to, with the use of her credit card.  Therefore, she will bear the full cost.  However, if she uses the credit card, the discount is $4.20 ($1540 * 97%) and she will pay only $135.80 as the discounted price of the electronic reader.

5 0
4 years ago
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Farrick and Kenley want to form a business in which they invest money in exchange for stock ownership in their organization. Wha
Svetradugi [14.3K]

Answer:

Limited liability company

Explanation:

In simple words, A limited liability corporation (LLC) is a type of private company structure. It's among the most frequent legal structures for forming a company. In a comprehensive partnerships all members are accountable for the firm and have unlimited accountability for its obligations.

Thus the limited liability structure is most suitable for the two.

8 0
3 years ago
Who would you vote for if you could? Explain Why connecting to issues facing your community.
andre [41]

Answer:

Explanation:

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4 0
3 years ago
Which statement is false? a. Characteristics that would make a misstatement material include: The relative size of the misstatem
Sergeeva-Olga [200]

Answer:

The correct option is  "<em>d." Characteristics that would make a misstatement material include: The misstatement makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement.</em>

Explanation:

<em>A misstatement </em>is a false or incorrect statement. So a material misstatement is a significant statement that is false or incorrect. In the context of a financial audit, a material misstatement is untrue information in a financial statement that could affect the financial decisions of one who relies on the statement.

4 0
3 years ago
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