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sineoko [7]
3 years ago
10

you can save on interest and reduce the time it takes to pay off a credit card balance if you pay more than the minimum amount d

ue each month
Business
1 answer:
garik1379 [7]3 years ago
5 0

Answer: True

Explanation:

It is always best to pay off more than the minimum balance on a credit card as you would get to save on interest and you would be able to pay off the credit card faster.

The balance on the credit card includes the amount owed as well as an interest component that is based on the amount owed. Paying off more than the minimum payment will reduce the amount owed which would also reduce the interest you pay because the interest would now be based on a lower amount.

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Looking forward to next year, if Digby’s current cash amount is $17,478 (000) and cash flows from operations next period are unc
Strike441 [17]

Answer:

d

Explanation:

Purchases assets at a cost of $15,000 (000)

Repurchases $10,000 (000) of stock

Issues 100 (000) shares of common stock

Sells $7,000 (000) of long-term assets

8 0
2 years ago
If money going out of the business is greater than the money coming into the business, what happens?
NemiM [27]

The answer is going to be negative

3 0
3 years ago
Gross domestic product per person refers to: the total GDP divided by the population of the country. the nominal per capita GDP
dimaraw [331]
The answer is
ejjeidhenwishsowojsnso
8 0
3 years ago
Which of the following lists only the factors that would cause a decrease in the supply of an item? A. A fall in input prices; a
Brut [27]

Answer: d) a rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production.

Explanation:

Supply simply has to do with the amount of goods that a particular producer is willing to sell to economic agents at a particular price and at a given time.

It should be noted that rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production would cause a reduction in supply of goods and services.

This is because when the number of sellers reduce, the supply will also reduce as there are lesser people supplying the goods. Also, when the prices of input increases, it affects cost and supply reduces.

Therefore, the correct option is D.

5 0
2 years ago
Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,
Naddika [18.5K]

Answer:

$380

Explanation:

Ziva's total cost of farming is composed of two different costs: explicit and implicit costs.

Explicit cost is an out-of-pocket cost that a person incurs to carry out a particular business activity. It is sort of, a business-related expense for which the business pays. In Ziva's case, it is $130, the cost of the seeds

Implicit costs are opportunity costs. An opportunity cost refers the benefits an individual, investor or business misses out on when opting for one alternative in preference of another. In our case, it amounts to $250($25*10 hours)

Thus, Ziva's cost of farming

= $130 +( $25*10) = $130 +$250 = $380

5 0
2 years ago
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