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djverab [1.8K]
4 years ago
6

Which Act was enacted as a response to the rising level of unsecured consumer debt?

Business
1 answer:
musickatia [10]4 years ago
7 0
The Credit Card Accountability, Responsibility, and Disclosure Act of 2009 or also known as the Credit CARD Act was passed on May 22, 2009. This act will make it easier for the consumers to settle their credit card liability balances. This is made as an answer to the increasing number of consumer debt.
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ABC Inc.'s stock has a 25% chance of producing a 10% return, a 50% chance of producing a 15% return, and a 25% chance of produci
makvit [3.9K]

Answer:

Explanation:

a.)

Given the different probabilities with their respective returns, you will find the firm's expected return using the following formula;

return; r = SUM (probability *expected return)

The formula above means that you multiply each probability by return , then sum the results.

r = (0.25*0.10) +(0.50*0.15) + (0.25*-0.02)

r = 0.025 +0.075 -0.005

r = 0.095 or 9.5%

Therefore, the correct answer is 9.5%. The choices given do not apply.

b.)

Use the Capital Asset Pricing Model(CAPM) formula to calculate the required return. Additionally, since we have inflation rate, adjust the formula to that inflation rate since investors would require a high rate to compensate for it.

Inflation adjusted CAPM required return; r = risk free + inflation + beta(Market return - risk free)

r = 0.045 + 0.03 + 1.50(0.11 - 0.045)

r = 0.075 + 0.0975

r = 0.1725 or 17.25%

Therefore, the required rate is 17.25%

8 0
3 years ago
When a company employs statistical tools to reduce the likelihood of a product recall, this best represents what type of decisio
Gwar [14]

Quality best represents to reduce the likelihood of a product recall

There are many different statistical tools available, some of which are straightforward, some complex, and many of which are quite specialized for certain uses. Comparing data, or groups of data, in analytical activity is the most crucial common procedure for calculating accuracy (bias) and precision. Fortunately, much of the information required in routine laboratory work can be acquired using a few easy-to-use statistical tools: the "t-test," the "F-test," and regression analysis. As a result, examples of these will be provided in the following pages. Clearly, statistics are a tool, not a goal, and a skilled and committed analyst may find simple data examination, without statistical treatment, to be just as beneficial as statistical numbers on their desk.

To know more about statistical tools refer to brainly.com/question/28214875

#SPJ4

7 0
2 years ago
Like many college students, Melanie applied for and got a credit card that has an annual percentage rate (APR) of 12%. The first
german

Answer:

31.17 months

Explanation:

For computing the number of months required to pay off the stereo system we need to apply the NPER formula i.e be shown in the attachment below:

Given that,  

Present value = $400

Future value = $0

Rate of interest = 12%  ÷ 12 months = 1%

PMT = $15

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying this,  the number of months is 31.17 months

8 0
4 years ago
Stephanie is a flight attendant on a major airline. She presents the safety guidelines to all the passengers and speaks directly
alexdok [17]

Answer:

The correct answer is letter "E": human relations skills.

Explanation:

Human relations skills are a set of abilities people show while interacting with others. Those skills include assertive communication, empathy, stress management, and conflict resolution. Most leaders are requested to have this profile of personality for effective and efficient managerial practices.

8 0
4 years ago
Fiona works for an organization that needs concise data as well as detailed historical data for analysis from time to time. Whic
Rasek [7]

Answer:

Refer below.

Explanation:

Time-Variant :

Historical data is kept in a data warehouse. For instance, one can recover documents from 3 months, a half year, a year, or even past data from a data warehouse. These varieties with an exchanges framework, where regularly just the most current record is kept.

Subject-Oriented :

A data warehouse focus on the displaying and investigation of data for leaders. In this manner, data warehouses regularly give a compact and clear view around a specific subject, for example, client, item, or deals, rather than the worldwide association's progressing activities. This is finished by barring data that are not valuable concerning the subject and including all data required by the clients to comprehend the subject.

8 0
3 years ago
Read 2 more answers
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