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Rudik [331]
3 years ago
6

Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly?

Business
2 answers:
Gnoma [55]3 years ago
8 0

Answer:

Answer B. Irresponsibly

Explanation:

Cole's invoice has exceeded its limit. This means that Cole is likely to have poor financial management and is paying interest by delaying his bill as he has used his 3000 limit. This way, he is acting irresponsibly by breaking his limit and compromising all of his income.

Anton [14]3 years ago
5 0
I would say B, because if you exceed the limit on your credit card, that shows that you would know how to add money onto your account. You cannot use more on your credit card than you already have unless you add more money on.
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Russ Wyant owned Humble Ranch in Perkins County, South Dakota. Edward Humble, whose parents had previously owned the ranch, was
Leona [35]

Answer:

Cosnider the following text.

Explanation:

In accordance with the United Stated Contract Law, peformance must form an integral part of the contract and any of it's clauses, along with consideration for the same.

As seen in the case above, specific provisions in the contract provide for the possibility of the seller becoming the buyer's lender by matching the terms of the proposed financing. However, it must be understood that a decision taken about the same by either one party is not binding on the other, and comes into effect only if it is mutually agreed upon under the same terms.

In the case above, Russ' uncle, Edward has exercised his two year option to buy the land from Russ, which if exercised, gave the parties 30 days to conclude the sale. However, as seen in the question, Russ's uncle, Edward was unresponsive to Russ' proposed purchase plan, indicating that he was aware of the terms of the contract and Russ' proposal, yet chose not to act on it. However, owing to the time clause in the contract, failure to respond an come to an agreement by either of the parties within the specified time, would render it void. Furthermore, Edward did not advise Russ on the financing terms pertaining to the contract before it's expiry, indicating that he had no interest in performing the contract.

Therefore, it should be understoof that Edward is not entitled to specific performance as a remedy in this case, as it is his fault and not Russ' fault for the non-performance of his part of the contract. He does not have any remedy at all, unless he is able to prove beyond reasonable doubt that Russ had not made efforts to communicate with him. Russ on the other hand, can sue Edward according to the terms of the contract and seek damages accordingly.

6 0
3 years ago
Imagine you are looking at a bottle of salad dressing containing oil, vinegar, and water. you notice that the oil sits on "top"
user100 [1]
The oil is denser 
the water and vinegar are not as dense 
4 0
3 years ago
Which country, of those listed below, has the lowest percentage of women in senior management?
OLEGan [10]
As there is no countries listed but the percentage of women in senior management of some countries are as follows:
<span>Women in senior management in China = 50%
Women in Senior management in Poland = 48%
In Germany = 30%
and in United States = 20%
Now you can see that which country has lowest percentage of women in senior management and that is United States.</span>
8 0
3 years ago
A firm reports a net margin of 5.00%. The firm has 1,456,800.00 million shares outstanding. The firm has invested in a new produ
n200080 [17]

Answer:

To find Earning per share, we can find this by the following formula:

Increase in Earnings Per Share = Net profit of new products / Number of shares

and

Net Profit of new products = 5% * $4,898,300 = $244,915

Increase in Earnings Per Share = ($244,915) / 1,456,800 = 16.81%

8 0
3 years ago
You want to start a business that you believe can produce cash flows of $44,000, $61,000, and $80,000 at the end of each of the
madam [21]

The present worth of this business it has been calculated is given as $302,898.

How to solve for the worth of the business

<u>In the first year</u>

Cash flow = 44000

PVF at 9.7% = 0.91158

The present value = 0.91158 * 44000

= $40106

<u>In the second year </u>

Cash flow =  $61,000,

PVF at 9.7%  = 0.83097

The present value = $50689.17

<u>In the third year</u>

Cash flow = $80,000

PVF at 9.7% = 0.7575

The present value = $60600

<u>In the 4th year </u>

Cash flow = $200,000

PVF at 9.7% = 0.7575

The present value = $151,500

The worth of the business today is going to be the sum of all the present values

=  $151,500 + $60600 +  $40106.52 + $50689.17

= $302,898

Read more on present value here: brainly.com/question/20813161

#SPJ1

5 0
2 years ago
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