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insens350 [35]
3 years ago
11

4. Suppose you have two credit cards. The first has a balance of $410 and a credit limit of $1,000. The second has a balance of

$510 and a credit limit of $1,000. What is your overall credit utilization?
36%
26%
16%
46%
56%
Business
2 answers:
guajiro [1.7K]3 years ago
6 0

Answer is 46%.

Following are the calculations

Both cards have credit limits of $1000

First car has a balance of $410

So 1st card utilization is 410/1000= 0.41*100= 41%

2nd card balance is $510

So 2nd card utilization is 510/1000= 0.51= 51%

So total utilization of cards is (41% + 51%) / 2 = 46%

ololo11 [35]3 years ago
5 0
I think the answer is 36% sorry if I'm wrong!

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Tbh idk the answer im soo sorry.

Explanation:

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IgorC [24]

The process you need to to start a fashion clothing brand.

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<h3>What is Clothing Brand?</h3>

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

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7 0
2 years ago
Expand Your Critical Thinking 24-2 (Part Level Submission)Ana Carillo and Associates is a medium-sized company located near a la
Natasha_Volkova [10]

Answer:

total budgeted costs = $141,570

budgeted production = 1,000 units

standard rate = $141,570 / 1,000 = $141.57 per unit

total actual costs = $135,810

actual production = 850 units

actual rate = $135,810 / 850 = $159.78 per unit

  1. total fixed overhead variance = actual overhead costs - budgeted overhead costs =  $135,810 - $141,570 = -$5,760 favorable. The actual overhead expense was lower than budgeted.
  2. controllable variance = (actual rate - standard rate) x actual units = ($159.78 - $141.57) x 850 units = $15,478.50 unfavorable. The actual overhead rate was higher than the standard rate, that is why the variance is unfavorable (more money was spent than budgeted).
  3. volume variance = (standard activity - actual activity) x standard rate = (1,000 - 850) x $141.57 = 150 x $141.57 = $21,235.50 unfavorable. Less units where produced than budgeted, that is why the variance is unfavorable.

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3 years ago
Leah and Mason are parties to a contract for the sale of Mason’s day care facility to Leah. Before the deal closes, they agree t
vladimir2022 [97]

Answer:

The correct answer <em>is performance of original contract by all of the parties.</em>

Explanation:

The perfection of a contract is the moment at which it begins its existence, validity and validity, being binding from that moment to the parties that have signed it.

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