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viktelen [127]
3 years ago
9

You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $5

0.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?
Business
1 answer:
Misha Larkins [42]3 years ago
5 0

Answer:

$50

Explanation:

As per previous balance method the Interest is charged based on the opening balance of the Credit Card.

As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.

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Keurig created a new category of coffee/tea preparation by offering one-cup-at-a-time pod-style brewing with its "K-cups." Keuri
Citrus2011 [14]

Answer:

The correct word for the blank space is: transformational.

Explanation:

Transformational innovations look for providing a new product or service to the market or giving an existing product differently. The innovation aims to increase the satisfaction of consumers or to solve a problem that was not addressed properly before. Transformational innovations generate a differential advantage for businesses attracting more consumers, therefore, increasing revenue.

7 0
4 years ago
In path-goal theory, the main components are ______, ______, and ________.
andre [41]
<span>Leader style, follower characteristics, work setting </span>Leader style, follower characteristics, and work setting.
In path goal theory, an organization will set its leadership style according to what best fit the employees and the work environment  where they operate in order to increase employees' motivation
8 0
3 years ago
Professional organizations and producer groups have an incentive to a. encourage advertising in order to enhance competition on
Ivanshal [37]

Professional organizations and producer groups have the incentive to restrict advertising in order to reduce competition on the basis of price.

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8 0
3 years ago
Increasing the capital available to the workforce, holding other factors constant, tends to ______ total output while ______ lab
Troyanec [42]

Increasing the capital available to the workforce, and holding other factors constant, tends to increase total output while increasing average labor productivity.

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Increases in the capital stock's ratio to labor hours worked are referred to as capital deepening. When all other factors are equal, changes in this ratio have a strong correlation with changes in labor productivity. Labor productivity rises in response to a rise in capital per hour (also known as capital deepening).

What increases labor productivity?

The development of human capital, technological advancement, and capital investment all contribute significantly to labor productivity. By making direct investments in or offering incentives for advances in technology and human or physical capital, business and the government can raise the labor productivity of their workforces.

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6 0
2 years ago
Hawk Corporation purchased 10,000 Diamond Corporation bonds in 2015 for $61 per bond and classified the investment as securities
Pavel [41]

Answer:

Explanation:

In this question ,we take the difference of the per bond value based on the year. The computation is shown below:

During 2015 to During 2017:

= Number of bonds purchased × (December 31, 2017 value - 2015 value)

= 10,000 × ($92 - $61)

= 10,000 × $31

= $310,000

During 2018:

= Number of bonds purchased × (December 31, 2018 value - 2017 value)

= 10,000 × ($146- $92)

= 10,000 × $54

= $540,000

So, the total amount would be

= $310,000 + $540,000

= $850,000

This amount which reflect in the income statement as a realized gain

6 0
3 years ago
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