1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANEK [815]
3 years ago
9

Orel's credit card has an APR of 12.15% and a grace period of 16 days, and Orel pays his balance in full every month. If his las

t billing cycle ended on June 24, 2009, and he made his payment on July 13, 2009, did he owe any interest on his last statement's balance?A. Yes, because he didn't pay within the grace period.
B. No, because he didn't pay within the grace period.
C. No, because he paid within the grace period.
D. Yes, because he paid within the grace period.
Business
2 answers:
My name is Ann [436]3 years ago
6 0

Yes he owes money because he did not pay it within the grace period. There is over 16 days between the billing cycle end date of June 24th and the payment due date of July 13th. Had Orel made his payment a few days sooner, he would not have been subject to interest on his account.

Aneli [31]3 years ago
3 0
. yes, because he didnt pay within the grace period 
You might be interested in
Refer to the information for Alfombra Inc. below.
Ann [662]

Answer:

<u>cost to be accounted for:</u>

beginning cost: 180,000

added cost        756,000

total cost         <em>   936,000</em>

<u>cost accounted for:</u>

ending WIP 30,000 x 5.2           =  156,000

trasnsferred-out: 150,000 x 5.2 =  780,000

total cost accounted for           <em>      936,000</em>

Explanation:

150,000 completed

 50,000 at 60%

weighted average equivalent unit:

complete + percetage of completion ending WIP

150,000 + 50,000 x 60% = 180,000

Cost per unit:

936,000 / 180,000 = 5.2 dollar per unit

we should match the total cost pool with the ending WIP and trasnferred out units

4 0
3 years ago
Why might a person decide to take advantage of a non-installment credit offer?
Korolek [52]
A person would take advantage of a non installment credit offer if there was no interest charged on on the loan. Many of these offers will not charge interest on the loans if the loan is paid off in a short amount of time. Usually within 3 to six months of the time the loan is started. These offers are usually for appliances and furniture. You can always ask the store you are visiting if they have these offers available. If you don't pay the loan off within the amount of time, you are then charged the interest and have a longer amount of time to pay the loan off. 
8 0
3 years ago
You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years
Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

<u>expected rate of return: </u>

year 1 20.6%

year 3 20.78%

<u></u>

Explanation:

<u>grow rate:</u>

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

<u>dividend yield:</u>

dividends/stock price =  dividend yield

1/21.7 = 0,0460 = 4.60%

1.3456/28.15 = 0,04780 = 4.78%

<u>expected rate of return: </u>

dividend yield + grow rate

4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0
3 years ago
in a revenue management system, forecasting, allocation, overbooking, and pricing must work in unison if the objective is to:
sineoko [7]

In a revenue management system; the forecasting, allocation, overbooking, and pricing must work in unison if the objective is to maximize the revenue generated by a perishable asset.

<h3>What is a revenue management system?</h3>

Basically, a revenue management system refers to a system that analyzes the combination of competitor rates, historical rates, market dynamics and inventory levels to predict demand and provide rate recommendations. A very good revenue management system will always automate the entire process and generate rates that can maximize revenue and profitability.

One of the example of use of Revenue Management is employed in the businesses of Hotel Management and the Airline Industry. The primary source of most revenue for hotels is found in their room rates and the revenue generated from the bookings is a simple multiplication of price and volume booked.

Read more about Revenue Management

brainly.com/question/28204332

#SPJ1

5 0
1 year ago
Insurance can help you:
Ede4ka [16]
The answer is B. Financially protect against unexpected accidents
3 0
2 years ago
Read 2 more answers
Other questions:
  • As a manager of a small clothing store, Archer favors detailed job descriptions, formal rules and regulations, thorough records,
    13·1 answer
  • ABC Computer Company has a factory in Silicon Valley. During the current year ABC builds worth of computer components. ABC's cos
    12·1 answer
  • In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal c
    11·1 answer
  • Marigold Corp. has 493000 shares of $10 par value common stock outstanding. During the year Marigold declared a 14% stock divide
    7·1 answer
  • Werner installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eig
    11·1 answer
  • SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknes
    15·1 answer
  • __________ strategy describes the use of benefit and compensation packages in order to support both HR and competitive strategie
    8·1 answer
  • Why is Feeney called a hero/saint?
    15·1 answer
  • Suppose you borrow at the risk-free rate an amount equal to your initial wealth and invest in a portfolio with an expected retur
    10·1 answer
  • Identify each CSTO from its description
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!