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Svetllana [295]
2 years ago
9

Tony wants to pay off his credit card balances within 12 months. He is trying to decide if he should use his $1,000 in savings t

o pay off part of the balances or if he should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 7% but charges a balance transfer fee of $75 for each balance transfer. Evaluate Tony's options and recommend the debt management plan that would give him the lowest monthly payment.
Business
2 answers:
BaLLatris [955]2 years ago
7 0

Answer: pay off all of credit card A, and $206 of credit on card B. transfer the remaining balance of credit card B to the new card  

Explanation:

mixer [17]2 years ago
3 0

Answer:

D. Pay off all of Credit Card A, and $206 of Credit Card B.  Transfer the remaining balance of Credit Card B to the new card.

Explanation:

i took the quiz/khila hoffman

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Mervon Company has two operating departments: Mixing and Bottling. Mixing occupies 26,220 square feet. Bottling occupies 17,480
nordsb [41]

Answer and Explanation:

Given:

Mixing department occupies = 26,220 square feet

Bottling department occupies = 17,480 square feet.

Total maintenance costs = $204,000

Computation of total area:

Total area = (26,220 + 17,480) square feet

Total area = 43,700 square feet

Computation of mixing department maintenance costs:

Mixing department maintenance costs = Total maintenance costs(Mixing department area / Total area)

Mixing department maintenance costs = $204,000(26,220 / 43,700)

Mixing department maintenance costs = $204,000(0.6)

Mixing department maintenance costs = $122,400

Computation of bottling department maintenance costs:

Bottling department maintenance costs = Total maintenance costs(Bottling department area / Total area)

Bottling department maintenance costs = $204,000(17,480 / 43,700)

Bottling department maintenance costs = $204,000(0.4)

Bottling department maintenance costs = $81,600

5 0
3 years ago
Which statement does not accurately describe a characteristic of cash value for whole life insurance?
otez555 [7]
If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
 "<span>Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."</span>
3 0
3 years ago
Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp pro
bonufazy [111]

Answer:

the equivalent units of production for materials = 352,616 units,

the equivalent units of production for for labor and overhead (conversion) = 339,304 units

Explanation:

First Determine the physical units that were Completed and Transferred out

<em>Units Completed and Transferred = Units in Opening Work In Process  + Units Started During the Year - Units in Closing Work In Process</em>

                                                        = 80,400 + 301,400 - 51,200

                                                        = 330,600

Calculation of Equivalent Units of Production for

1. Materials

Units Completed and Transferred ( 330,600 × 100%)   = 330,600

Units in Closing Work In Process ( 51,200 × 43%)          =   22,016

Total Equivalent Units of Production for Materials         = 352,616

2. Labor and Overhead

Units Completed and Transferred ( 330,600 × 100%)   = 330,600

Units in Closing Work In Process ( 51,200 × 17%)          =      8,704

Total Equivalent Units of Production for Conversion    = 339,304

3 0
3 years ago
Laura, a sales manager at Dexter Inc., claims that labor and management are rivals for most organizations. Brooke, the HR manage
Afina-wow [57]

Answer:

Dexter Inc.

The statement that best supports Brooke's perspective is:

Examples of cooperation between labor and management include employee involvement in decision making and self-managing teams.

Explanation:

When labor and management act as rivals or adversaries, it does not benefit their organizations.  They should find common grounds for cooperation.  Organizations should involve their employees in more decision-making.  Despite their incongruent goals, unions and management should find win-win solutions.  Paying employees a living wage does not impoverish the organization.  On the contrary, everybody is greatly enriched.

3 0
3 years ago
The maturity of most bank loans is short term. Bank loans to businesses are frequently made as 90-day notes which are often roll
maks197457 [2]

Answer:

A. True

Explanation:

Bank loans are generally short term for meeting the working capital needs, that depends upon the operating cycle of a company.

Usually that keeps on rotating and extending, as the banks keep on earning interest and the funds are usually not needed, this results in the constant support for business.

Further this facility is only provided to the clients who are performing good and that the clients are viable.

If the balance sheets of the client depicts that they are not financially viable then the bank do not extend the time limits and tries to recover the funds as soon as possible.

5 0
3 years ago
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