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Andru [333]
3 years ago
9

Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get

a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Business
2 answers:
serious [3.7K]3 years ago
8 0

Answer:

B because it is the only one except for d that cant be done using cash and d is just not it

Explanation:

luda_lava [24]3 years ago
4 0

Answer:

it would be B

Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.

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qaws [65]

Answer:

Historically, an initial public offering, or IPO, has referred to the first time a company

Explanation:

3 0
2 years ago
Read 2 more answers
Until recently, hamburgers at the city sports arena cost $ 2.50 each. The food concessionaire sold an average of 1750 hamburgers
Artyom0805 [142]

Answer:

  (A) p = -0.002x +6; 0 ≤ x ≤ 3000

  (B) R(x) = x(6 -0.002x); 0 ≤ x ≤ 3000

  (C) C(x) = 1.44x +1903

  (D) (550, 2695), (1730, 4394.20)

  (E) P(x) = -0.002x^2 +4.56x -1903

  (F) increasing at $2.16 per hamburger

Explanation:

(A) The two-point form of the equation for a line can be used.

  y = (y2 -y1)/(x2 -x1)(x -x1) +y1

The two points we have are ...

  (x, p) = {(1750, 2.50), (1450, 3.10)}

so the equation is ...

  p = (3.10 -2.50)/(1450 -1750)/(x -1750) +2.50

  p = 0.6/-300(x -1750) +2.50

  p = -0.002x +6

The domain of this function is where x and p are greater than 0. That will be for ...

  0 ≤ x ≤ 3000

__

(B) Revenue is the product of burgers sold (x) and their price (p).

  R(x) = xp

  R(x) = x(6 -0.002x)

The domain of R(x) is 0 ≤ x ≤ 3000. This is the same as the domain of p(x).

___

(C) The cost function is the sum of fixed costs and variable costs:

  C(x) = 1.44x +1903

__

(D) See the attachment for a graph of cost and revenue. The break-even points are (x, revenue) = (550, 2695), (1730, 4394.20).

__

(E) Profit is the difference between revenue and cost.

  P(x) = R(x) - C(x) = x(6 -0.002x) -(1.44x +1903)

  P(x) = -0.002x^2 +4.56x -1903

__

(F) The marginal profit is the derivative of the profit function:

  P'(x) = -0.004x +4.56

  P'(600) = -0.004(600) +4.56 = -2.40 +4.56 = 2.16

At a production level of 600, the profit is increasing at a rate of $2.16 per hamburger.

6 0
3 years ago
You have been asked to advise the Akawini management team how they should promote and monitor the transformation of risk managem
Temka [501]

Answer with Explanation:

To transform the risk management and promote the transformation process, Akawini must:

  • Implement Corporate Governance policies and enforce compliance with these guidelines.
  • Consistent Internal Control Reviews by conducting internal audits.
  • Compliance with the Sarbanes Oxley Act and Foreign Corrupt Practice Act will enable the risk management team to consider a wider aspect of its operation which includes domestic and foreign export policies enforcement.
  • Continuous Professional Development and advanced training will help them to act very efficiently and effectively minimize the level of risk the company is facing.

The progress is the process of movement towards achievement of goals and performance is the better movement towards achievement of goals.

To measurements that can be used to monitor progress and performance would be use of Key Performance Indicators and comparing the results with the actual results of company. This would help in understanding the under-performing areas and hurdles to progress. Some KPIs that the risk management team can consider are Value at risk reduced, risk threshold set, Risk to Rewards Ratio, etc.

Cost and Benefits of risk mitigation analysis will also be beneficial here because it helps the risk management team to consider the financial aspect of the decision making and thus helps in adding value to the business operation.

6 0
3 years ago
A 3/1 ARM is made for $150,000 at 7% with a 30 year maturity. Assuming that fixed payments are to be made monthly for three year
sveticcg [70]

Answer:

Monthly paymenty for  $ 997.954

Explanation:

We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV $150,000

time 360 (30 years x 12 months)

rate 0.005833333 (7% annual / 12 months)

150000 \div \frac{1-(1+0.005833)^{-360} }{0.005833} = C\\

C  $ 997.954

8 0
3 years ago
Mason Farms purchased a building for $689,000 and made repairs costing $136,000. The annual taxes on the property are $8,200. Th
ZanzabumX [31]

Answer:

$730,000

Explanation:

In the given question, the building was purchased and it repairs also. Plus, annual taxes are applicable to the property. The current market value and the book value of the building is also given in the question

For including the amount in the initial cash flow for the building project we consider the current market value of the building i.e $730,000. No other cost should be recognized

6 0
3 years ago
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