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yan [13]
2 years ago
8

Identify four (4) different types of credit (purposes)

Business
2 answers:
Ksenya-84 [330]2 years ago
8 0

Answer:

Service Credit , Charge Cards. Installment Credit and Non-Installment, & Revolving Credit

Explanation:

DiKsa [7]2 years ago
7 0

Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit

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Hillary can invest her family savings in two assets: riskless treasury bills or a risky vacation home real estate project on an
galina1969 [7]

Answer:

The expected return on her portfolio is B) 11.8%

Explanation:

Hi, the expected return of a portfolio can be found by multiplying the weight of each of the assets times each of its expected return, that is:

E(portfolio)=E(Tbills)*Weight(Tbills)+E(other)*Weight(other)

So everything should look like this

E(portfolio)=0.04*0.70+0.3*0.3=0.118

The expected return of the portfolio is 11.8%, that is option B)

Best of luck.

7 0
3 years ago
The management at Mova Autos Inc. has realized that the company's sales have started to decline due to increasing competition. T
V125BC [204]

Answer:

Implementation of Idea (DO)

Explanation:

According to PDCA the first phase is the planning and the next one is doing that what we have planned. The third one is Check which means continuously monitoring the execution of the plan. And the last one is Act which means that the control must be emphasized on the execution to correct the discrepancies found.

The Company has completed the first phase and is recommended to complete the second one which is that the company must do whatever it has planned for the better future of company.

3 0
3 years ago
It's an opportunity to give a good impression or introduction of yourself. It can capture the attention of a potential employer
GalinKa [24]

Answer:

Period

Explanation:

6 0
2 years ago
Suppose the tax rate on the first​ $10,000 of income is 0​ percent; 10 percent on the next​ $20,000; 20 percent on the next​ $20
dsp73

Answer:

option (A) $32,000 for A and $7500 for B

Explanation:

Given:

Tax rate as:

on the first​ $10,000 of income = 0%

10% on the next​ $20,000

20% on the next​ $20,000

30% on the next​ $20,000

40% on income over​ $70,000

Income of family A = $120,000

Thus,

For A

Up to $10,000 ; tax = 0

Tax amount from $10,000 to $30,000 at 10 % tax rate

= 10% × $20,000

= $2,000

From $30,000 to $50,000 at 20 % tax rate

= $20,000 × 20%

= $4,000

From $50,000 to $70,000 at 30 % tax rate

= $20,000 × 30%

= $6,000

Tax amount above $70,000 to $120,000 at 40 % tax rate

= (120,000 - $70,000) × 40%

= $50,000 × 40%

= $20,000

Therefore,

Total tax bill for family A

= $2,000 + $4,000 + $6,000 + $20,000

= $32,000

Similarly,

For family B

Income of family B = $55,000

Thus,

Up to $10,000 = $0

From $10,000 to $30,000 at 10 % tax rate

= $20,000 × 10%

= $2,000

From $30,000 to $50,000 at 20 % tax rate

= $20,000 × 20%

= $4,000

Tax amount from $50,000 to $70,000 at 30 % tax rate

= ($55,000 - $50,000) × 30%

= $5,000 × 30%

= $1,500

Therefore,

Total tax bill for family B = $2,000 + $4,000 + $1,500 = $7,500

Hence,

The correct answer is option (A) $32,000 for A and $7500 for B

5 0
3 years ago
Gable ​Ceramics, a division of Alderman ​Corporation, has an operating income of $ 64 comma 000 and total assets of $ 400 comma
solniwko [45]

Answer:

The question is meant to compare the original ROI and RI before the investment compared to the new investment is ROI and RI

The new investment has a lower return on investment of 11% compared to original 14%

However,the project should be considered since it has $3000 residual income in additional to the original residual income

Explanation:

The return on investment and residual income before the new investment are computed thus:

return on investment=operating income/total assets=$64,000/$400,000=16%

residual income=operating income-(total assets*rate of return)

                         =$64,000-($400,000*11%)=$20,000

Thereafter,the return on investment and residual income on the new investment are computed thus:

return on investment=operating income/total assets=$14,000/$100,000=14%

residual income=operating income-(total assets*rate of return)

                         =$14,000-($100,000*11%)=$3,000

4 0
2 years ago
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