Answer:
Double-cycle billing is a method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. It takes into account not only the average daily balance of the current billing cycle (usually one month), but also the average daily balance of the previous cycle.
Explanation:
idk...my mom helped me answer this for you
Answer:
d)Tier 2
Explanation:
from the question we are informed about jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's point of view, in this case Jones Manufacturing is tier 2. Tier 2 capital can be regarded as second layer of capital which serve as a required reserves of a bankIt contains revaluation reserves as well as hybrid capital instruments
Answer:
C. There are more substitutes for Cheerios than for cereals as a whole
Explanation:
Since in the question it is given that the demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole as because there are more substitutes for Cheerios as compare to cereals because in the case of substitute goods, there is a positive relationship between the price of good B and the demand of good A. It means if the price of good B decline. then the demand of good A is decreases and vice versa
I think the answer is D. i’m not really sure but i’m sorry if it is wrong
Answer:
$41.39
Explanation:
Data provided in the question:
Annul Dividend paid, D0 = $2.84 per share
Growth rate, g = 1.85% = 0.0185
Rate of return required, r = 10.4% = 0.104
Now,
Current price of the stock at year 11 = D12 ÷ [ r - g]
= [ $2.84 × (1 + g)¹²] ÷ [ r - g]
= [ $2.84 × (1 + 0.0185)¹²] ÷ [ 0.104 - 0.0185]
= 3.539 ÷ 0.0855
= $41.39
