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3 years ago

Which of the following is true about obtaining a credit card?

1 answer:

7 0

The answer is C. Most U.S households have at least one credit card , its true according to recent surveys done by credit card companies.

Credit cards are relatively hard to get - Nope

Only banks issue credit Cards - Nope, for example VISA is not a bank

Credit card report does not affect your eligibility for a credit card - Nope, if your previous record say that you couldn't get it, it will be hard to you to get a new one

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An enterprise resource planning (ERP) system is: a. a collection of integrated software for every functional area within an orga

Helen [10]

Answer:

An enterprise resource planning (ERP) system is:

(a) A collection of integrated software for every functional area within an organization.

Explanation:

7 0

3 years ago

Read 2 more answers

Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm

zmey [24]

Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

3 0

3 years ago

Suppose that a worker in Caninia can produce either 2 blankets or 8 meals per day, and a worker in Felinia can produce either 5

emmasim [6.3K]

Answer:

15 blankets; 35 meals

Explanation:

First, we compute Opportunity Cost (OC).

In Caninia,

OC of blanket = 8/2 = 4 meals

OC of meals = 2/8 = 0.25 blanket

In Felinia,

OC of blanket = 1/5 = 0.2 meals

OC of meals = 5/1 = 5 blanket

Since Felinia can produce blankets at lower OC (0.2 < 4), so

Felinia has comparative advantage and specializing in blankets.

Total blankets produced with trade = 5 x 10

= 50

Since Caninia can produce meals at lower OC (0.25 < 5), so

Caninia has comparative advantage and specializing in meals.

Total meals produced with trade = 8 x 10

= 80

After trade,

Total blankets produced = 10 + 25

= 35

Decrease in blanket output = 50 - 35

= 15

Total meals produced = 40 + 5

= 45

Decrease in meals output = 80 - 45

= 35

5 0

3 years ago

The Oviedo Company is considering the purchase of a new machine to replace an obsolete one. The machine being used for the opera

Elza [17]

Answer:

Yes it should as the net present value at the firm WACC is positive $ 4,156.54

Explanation:

we are given with the after-tax cost for the machine and after-tax cost of the labor cost savings the new machine will provide

So we should check if the present value of the savings is greater or equal than the machine cost:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $ 8,000

time 10 years

rate=WACC= 0.1

$8000 \times \frac{1-(1+0.1)^{-10} }{0.1} = PV\\$

PV $49,156.5368

Net present value:

inflow - cost

49,156.54 - 45,000 = 4,156.54

6 0

3 years ago

mark and shirley, married filing jointly with a modified adjusted gross income (magi) of $92,300, adopted their son, matthew in

kap26 [50]

Answer:

$14890 is the correct option because if any parent adopts a child in 2022 there is a federal adoption tax credit of up to $14,890 per child.

<h3>Claiming the Federal Adoption Tax Credit for 2022</h3>

A federal adoption tax credit of up to $14,890 per child is available for adoptions that are finalized in 2022. The adoption tax credit for 2022 is not transferable.

Parents who wish to receive the credit must:

have adopted a child who is not a stepchild - The child must be less than 18 or incapable of caring for themselves due to physical or mental impairment.

abide by the income restrictions - How much of the credit parents can claim depends on their income. Families earning less than $214,520 in modified adjusted gross income in 2022 are eligible for the full credit. People who earn between $223,410 and $263,410 can receive a partial credit; people who earn more than $263,410 cannot.

To know more about 'Adoption tax credit', visit :brainly.com/question/15410304

#SPJ4

6 0

2 years ago