Q: How does the credit card company calculate the interest payment?
A: The credit card has been an important tool to increase the purchasing power. This facility has…
Q: Identify briefly five questions a money manager should ask before recommending suitable investments…
A: Money manager is the financial advisor that helps its clients to invest their money in appropriate…
Q: Banks may money out of other people's money. True False
A: The banks can generate money from people money and this can be done in many ways, one way is to use…
Q: Define the term disbursements?
A: Money: The term money refers to anything that can be used as a medium of exchange and it has a unit…
Q: should banks have the right to assign a mortgage to a third party?
A: Answer in step 2.
Q: How fast Can someone get a bank loan?
A: A bank takes into account several things when considering whether or not to extend a loan to…
Q: Karen Wilson thinks that she needs to borrow $7,600 for 2 She doesn’t have a very good credit…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: It is not smart to make small purchases on a credit card because they can pile up and end up costing…
A: When talking about credit card, it is the facility provided by financial institutions to the people…
Q: True or False: Revolving credit accounts never provide benefits to consumers. O True O False
A: Credit cards and charged cards are interchangeable terms. The bank is the one who issues them. It…
Q: Your friend Tim wants to open a checking account, but he's not sure how to do it. List the steps.
A: A checking account is a sort of bank account that enables you to deposit and receive money for…
Q: Transactions on a debit card can't affect your credit history. O True O False
A: Answer :- True Transactions on a debit card can't affect your credit history. The…
Q: Illustrate how the Cash Balances change over time?
A: Cash Flow: When the cash goes out of business or cash comes into the business is termed as cash…
Q: If you make a late payment on a 0% interest credit card, you're responsible for paying the entire…
A: The statement is false If we make late payment on a 0% interest card , then the bank may charge…
Q: Factors that influence the use of money vs credit cards.
A: Money: Money is an widely accepted instrument used as measure of value, a medium of exchange, a…
Q: What are differences between digital cash and cryptocurrency?
A: Digital Cash and Cryptocurrency is intangible money which cannot be seen in the form of currency in…
Q: why is it critical for consumers to truly understand the effect of interest on their credit cards?
A: A credit card is a payment card that enables the owner to borrow funds to pay for purchases. Since…
Q: what does it mean when banks are paying people to get loans?
A: The financial system of the nation is considered to be one of the most prominent, and important…
Q: Checkable bank deposits = $500 million Traveler's checks = $10 million %3D
A: M1 money supply comprises three components, i.e., currency held by public, checkable deposists and…
Q: 'Credit' means Increase in an account Decrease in an account Right side of an account Left side of…
A: Accounting is basically a system that is used to record, summarize, and organize financial or…
Q: On a bank's T-account,
A: Banks T account shows the classification of asset and liabilities.
Q: 'Debit' means O Increase in an account Decrease in an account Right side of an account Left side of…
A: Meaning of Accounting: Here, the term accounting refers to those recording of various transactions…
Q: Describe Factors that influence the use of money vs credit cards.
A: Money: Money is a widely accepted instrument used as a measure of value, a medium of exchange, a…
Q: credit unions differ from savings institutions
A: More number of saving banks come together are called savings institutions. More number of loan…
Q: How does the bank offer two repayment plans?
A: Loan repayment is an act followed by the borrower to pay back the borrowed amount to the lender. The…
Q: You can improve or damage your credit history with a credit card. O True O False
A: The economics as a study is based upon the idea that the resources which are present with each…
Q: Explain in no more than 5 sentences. Why is there is a need to follow certain financial precautions…
A: Answer - Need to find- Why is there is a need to follow certain financial precautions when writing…
Q: Risk management for Islamic banking system do we need something special?
A: Islamic banking refers to Islamic finance. It is nothing but the finance and banking activities that…
Q: Do commercial banks have different categories
A: - Commercial Banks(CBs) are the financial institutions that provide basic investment options as…
Q: Describe what consumers should know about credit monitoring services.
A: A credit monitoring service keeps track on borrower behavior in order to alert customers to…
Q: Why certificate of deposit is considered as lending investment
A: Answer-
Q: To deposit and withdraw funds from linked bank accounts, which system call will be used? Withdraw…
A: A linked account is one that is linked to another at the same financial institution so that money…
Q: M1 includes savings deposits. a. T b. F
A: Meaning of Money Supply: The term money supply refers to the situation under which the overall…
Q: Who prepares credit reports? O your banker credit bureaus the judge who oversees your bankruptcy…
A: A Credit Report is a summary of all the credit activities undertaken by you till date.
Q: Most credit cards operate on revolving credit. True or false? Explain how?
A: Revolving credit refers to an arrangement between the customer and the financial institution in…
Q: Explain with detail about interest rate deposit facility and lending facility
A: Answer-
Q: Question 15 Many credit card companies will let you determine your interest rate and your credit…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Money flow
A: Money flow is determined by calculating the daily volume by the average of the high, medium, and…
Q: EXPLAIN THE CONCEPT TRANSFER PAYMENT IN DETAIL
A: Transfer payments are one sided payments and such payments are not part of GDP calculation.
Q: How can cryptocurrency's advantage and disadvantages help the economy
A: Cryptocurrencies are digital assets and decentralised systems that enable secure online…
Q: How transactions between suppliers and users of funds take place. How would you prove that there was…
A: The price is what suppliers tend to receive and what the demanders tend to pay in any market. People…
Q: How can trade credit help businesses to manage theircash flow?
A: Trade credit allows the buyers to make payment on a later date for the goods purchased. It is a…
Q: bank
A: Bank Deposit creation is limited by reserve requirement. Explanation Money refers to anything…
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- Answer the following question with (True) if the statement is correct and with(False) if the statement is wrong 1. Project is a temporary endeavor undertaken to create a unique product only ( __ )Justify:2. Time, budget, resources and customer specifications are the project limitations( __ )Justify:3. Adding working shifts to a late project will help crashing the project towards thedeadline( __ )Justify:4. Finish-to-start (FS) is a logical relationship in which a predecessor activity cannot startuntil a successor activity has finished. ( __ )Justify:5. The project customer/user not considered as a project stakeholder. ( __ )Justify:The Kalamazoo Brewing Company (KBC) currently sells its microbrews in a seven-state area: Illinois, Indiana,Michigan, Minnesota, Mississippi, Ohio, and Wisconsin. The company’s data analytics department has collecteddata from its distributors in each state. This data consists of the quantity of cases and price (per case) ofmicrobrews sold in each state, as well as the average income (in thousands of dollars) of consumers living invarious regions of each state. The data for each state are available in the Excel file on Brightspace--please notethere are multiple tabs at the bottom of the spreadsheet, each refers to one of the seven states selling theKalamazoo Brewing Company’s microbrews. You will use the data to estimate the linear demand function fortheir microbrews in Indiana. To do this, perform the regression analysis in Excel for the data provided forIndiana.a. Write out the estimated linear demand function for microbrews in Indiana as a function of the price percase (P) and…7) Manager B Effort Level Chance of success Cost of effort High Effort 0.6 100,000 Routine Effort 0.5 60,000 What is the minimum bonus that will entice high effort? 1. 40,000 2. 260,000 3. 300,000 4. 400,000 5. 520,000 6. 60,000 7. 100,000 8. 0 6) Manager A Effort Level Chance of success Cost of effort High Effort 0.6 300,000 Routine Effort 0.5 260,000 What is the minimum bonus that will entice high effort? 1. 40,000 2. 260,000 3. 300,000 4. 400,000 5. 520,000 6. 60,000 7. 100,000 8. 0 5) ABC Instrument, a manufacturer of precise scientific instruments, relies heavily on the efforts of its local salespeople. Selling an instrument requires either luck, high effort, or some combination of the two. A salesperson who chooses to work hard has a 40 percent chance of selling an instrument in a given year while a salesperson who chooses…
- 3Commenting on the decision, Massmart CEO Mitchell Slape said: “This is an unprecedented time forSouth Africa and the. world. As we all come to terms with the impact of the Covid-19 pandemic, we mustdo everything we can to support our customers. We are grateful to our suppliers who support thisprincipled position.’ABC Company negotiates a 1% credit card discount. If a customer charges $1,000 on his VISA credit card, how much money will ABC receive? ABC Company sold $10,000 of merchandise to a customer on September 1. The terms were 2/10, n/30. How much money will ABC Company is paid by September 8? Group of answer choices $9,000 $10,000 $9,800 $7,000Question content area Part 1 The potential market represents all active duty military members, allveterans, and their families. Assume that according to the United States Department of Defense, as ofDecember 31, last year there were 1 comma 361 comma 597 active duty personnel in all armed services.The veteran population totaled 21 million last year. Assuming the average cost of life insurance is $750 peryear and that potential customers purchase one policy per year, use the chain ratio method to calculatethe market potential for life insurance in the military market. Hint: see the Market Potential and SalesEstimates section of Appendix 3 Marketing by the Numbers in your textbook. Part 2 The number of buyersin the market can be estimated as 22,361, 597. (Round to the nearest whole number.) Part 3 Themarket demand is estimated as $16.77 million. (Round to the nearest whole number.)
- 1.Factory does not insta scrubber. -armer uses south field croc Damage (S= 120 Farmer cost ($=0 Factory Cost($=0 Social cost =120 2. -actor does not install scrubber Farmer rents west field Crop Damage (S = 50 Farmer cost ($=20 Factory Cost$=C SocIal cost =/( 3.Factory installs scrubber, Farmer uses south field Crop Damage ($) = 35 Farmer cost ($=0 Factorv Cost ($=40 Social cos 4.Factory installs scrubber, Farmer rents west field Crop Damage ($=0 Farmer cost (S\=20 Factorv Cost $=40 Social cost = 60 1. Now the farmer has a right to pollution abatement, creating a lega duty for the factory to install the scrubber no additional crop damages will be paid if the factory fulfills the duty to install the scrubber). What is the factory's willingness to pay to continue polluting without the scrubber? Why? 2. Now the farmer has a right to pollution abatement, creating a legal duty for the factory to install the scrubber (no additional crop damages will be paid if the factory fulfills the duty…4.7 Hudson Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff 650 650 600 Outside vendor 900 600 300 Combination 800 650 500 If the demand probabilities are 0.2, 0.5, and 0.3, and the table below shows the total cost of the different options, construct a risk profile for the optimal decision in the table. Option Total Cost Own Staff 635 Outside Vendor 570 Combination 635Risk-neutral Icarus Airlines must commit now to leasing 1, 2, or 3 new airplanes. It knows with certainty that on the basis of business travel alone, it will need at least 1 airplane. The marketing division says that there is a 50% chance that tourism will be big enough for a second plane only. Otherwise, tourism will be big enough for a third plane. This, plus revenue information, yields the following table: Planes Tourism Revenue Expected Leased Light Heavy Profit 2 $90 million $60 million $75 million 3 $10 million $110 million $60 million Without additional information, Icarus Airlines would Select one: A. lease 2 airplanes in order to guarantee it avoids the worst outcome, $10 million B. lease 3 airplanes because $110 million is greater than $90 million C. lease 2 airplanes because $75 million is greater than $60 million. D. lease 3 airplanes because $60 million is greater than $10 million.
- Suppose that a large discount retailer with a lot of purchasingpower in a supply chain requires that all suppliers incorpo-rate a new information system that will reduce the cost of placing orders between the retailer and its suppliers as wellas between the suppliers and their suppliers. Suppose alsothat order quantities and lead times are related; the smallerthe order quantity the shorter the lead time from suppliers.Assume that all members of the supply chain use a continu-ous review system and EOQ order quantities. Explain the im-plications of the new information system for the supply chainin general and the inventory systems of the supply chainmembers in particularpls solve this ques within 10-15 minutes with clear explanations without any plagiarism or copying from any other platform I'll give you multiple upvotes.What is the goal of an organizational ethics program? What are the essential elements of an organizational ethics program? Be specific! How would you implement them in your current or future organization.