Answer:
The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.
Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.
Answer: The Indians migrated over 30,000 years ago.
Buying a home is a big commitment. For most of us, it will be the biggest purchase we make in our lifetime. According to the National Association of Realtors, it also usually ties us to one place for about 12 years. Of course, the process is about more than finding a home you like. It’s about finding a home you can afford and enjoy for years to come. And the price tag you see isn’t the full story. It’s important to consider all of the financial factors of home ownership before you sign any dotted lines. Here are five costs to consider before buying a home this year (or any year!).
When overall interest rates fall (to 2%), the bond you already own (with 5% coupon rate) becomes more valuable to potential buyers, so its price will rise.
<h3>What is the relationship between interest rate and bond prices?</h3>
A bond is a debt instrument used by companies, individuals and the government to raise capital for its activities. Bondholders earn interest on their investments at predetermined regular intervals. When the bond matures, the bondholders would receive the amount that was invested.
There is an inverse relationship between the price of a bond and the interest rate. When interest rate rises, the price of bonds would fall. Conversely, when interest rate falls, the price of bonds will rise.
The reason for this inverse relationship is that when interest rate rises, the cost of borrowing becomes higher. This discourages people from buying bonds. As a result, the demand for bonds would fall and this would lead to a fall in the price of bonds. On the other hand, if interest rate falls, it becomes cheaper to borrow, the demand for bonds would rise and this would lead to an increase in the price of bonds.
To learn more about bonds, please check: brainly.com/question/15282698
#SPJ1
Answer:
The car should be given to Betty because Barney already have a contract with the dealer and he has stated explicitly in the terms to the contract that the car belongs to his wife. Porsche dealer should be prosecuted for breach of contract in the court of law.
Explanation:
