In overall utilization ratio it takes all the credit limits and all the credit cards. For example, all the credit limits are $1000 + $750 = $1750. and the cards is $415 + $215 = $630.
To calculate for the credit utilization ratio we divide by the total credit limits on all cards then we multiply by 100. For example,
The first and second credit cards is $415 + $215 = $630.
The first and second limits is $1000 + $750 = $1750.
To get the percentage of the overall utilization ratio we get,
$630 / $ 1750 × 100 = 36%.
Answer:
correct answer is 4) $169,000.00
Explanation:
given data
received distributions totaling = $14,000
remaining benefits lump-sum = $155,000
solution
we know that substantial payment by as distribution method not subjected to the early distribution penalty
but lum sum amount distribution before age 59.5 is subject to 10% penalty
so here we can say till 59.5 year annuity payment not changed
so amount subject to the penalty is = $14000 + $155000
amount subject to the penalty is = $169000
so correct answer is 4) $169,000.00
Answer: Contingency planning
Explanation: In simple words, it refers to the planning for an upcoming event that may or may not occur in the future. This planning is usually done by organisation so that they can act accordingly if any problem in business operations occurs in future.
In the given case, even after having positive forecast, Donna is planning for future uncertainty such as unexpected stoppage on sales.
Thus we can conclude that this is the type of contingency planning.
