1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleksandr-060686 [28]
4 years ago
9

What is a credit limit?

Business
2 answers:
Llana [10]4 years ago
8 0
What is 'Credit Limit'

Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card. Lenders usually set credit limits based on information in the application of the person seeking credit.

tangare [24]4 years ago
4 0
A credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum a credit card company allows a borrower to spend on a single card.
You might be interested in
What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost_____
Nastasia [14]

Answer:

$52,285

Explanation:

The computation of the total manufacturing cost assigned to Job P is shown below:-

Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied

= $13,000 + $21,000 + (2,300 × $7.95)

= $13,000 + $21,000 + $18,285

= $52,285

Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.

6 0
3 years ago
Atlantic Coffee has recently decided to raise its prices by10%.It was shocked by itscustomers' reactionto the price increase whe
miss Akunina [59]

Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by its customers' reaction to the price increase when sales dropped24%. such a sharp drop in sales occurs because:_the demand for a specific brand of coffee is highly elastic.

The market fee is the modern rate at which an excellent service can be purchased or sold. The market price charge of an asset or carrier is decided with the aid of the forces of delivering and calling for; the fee at which the amount provided equals the amount demanded is the marketplace rate.

The primary price is the amount receivable through the manufacturer from the customer for a unit of an amazing or provider produced as output minus any tax payable, and plus any subsidy receivable, by means of the producer as a result of its manufacturing or sale.

Learn more about prices here:

brainly.com/question/26075805

#SPJ4

5 0
2 years ago
A(n) ________ is a description of how the researchers will measure the variables of interest. theory hypothesis experimental pla
Mrrafil [7]

Answer:

OPERATIONAL DEFINITION

Explanation:

OPERATIONAL DEFINITION

It is referred to as part of any analysis. At the time of data collection, it provides a very crystal clear definition of the process of collecting data. It strengthened decision making process on validation of any data whether the data is correct or not. This is important because data that is not suited to the analysis can lead to error in result.

8 0
3 years ago
​the ratio of earnings to sales for a given time​ period is the definition of
leonid [27]

Answer:

profit margin

Explanation:

There are two main earnings to sale ratios:

  1. Profit margin that is calculated by dividing net profit by total sales. Generally a 5% ratio is considered low, a 10% ratio is considered average, and a 20% ratio is considered high.
  2. EBITDA to sales ratio is calculated by dividing earnings before interest, tax, depreciation and amortization (EBITDA) by total sales. It shows the ratio of earnings after operating expenses and it excludes the capital structure of the company. The use of this ratio is more limited than profit margin, but it can show us important information by excluding non-controllable factors like taxes, interests, etc.
4 0
3 years ago
What methods is used to determine whether a property is enumerable?
lana [24]

propertyIsEnumerable() The propertyIsEnumerable() method returns a Boolean telling if the specific property is enumerable and is the object's own property.

Enumerable properties are those with an internal enumerable flag set to true, which is the default for properties created through simple assignment or a property initializer. Object-defined properties, such as defineProperty, are not enumerable by default.

We must use the Object. defineProperty() method to create a non-enumerable property. This is a special method for creating objects with non-enumerable properties.

Learn more on  enumerable-

brainly.com/question/13068603

#SPJ4

5 0
1 year ago
Other questions:
  • Refers to the basic economic problem, the gap between limited resources and unlimited wants.
    12·1 answer
  • Trisha makes purses out of old blue jeans and sells them to customers at local craft fairs. what type of marketing channel does
    8·1 answer
  • A match is an example of something that stores what?
    14·1 answer
  • "Let's assume that the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural
    8·1 answer
  • Jerry knows that Lucy has coveted his classic car for quite some time. Finally willing to sell it, he sends a letter to Lucy off
    12·1 answer
  • The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the pri
    13·2 answers
  • Explain how the political systems of countries differ. Explain how the economic systems of countries differ. Explain how the leg
    9·1 answer
  • n its 2016 annual report, Kohl's Corporation reported the following (in millions): Total assets $13,574 Total shareholders' equi
    5·1 answer
  • Which of the following acronyms does not represent a managed care plan?
    9·1 answer
  • Suppose the government increases spending without changing taxes in an effort to shift the aggregate demand curve to the right,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!