What is true about open-end credit? A. It is not typically used for a single purchase but for many purchases over a period of time. B. This type of credit is sometimes referred to as a consumer loan. C. This type of credit is commonly used for big ticket things like mortgages or car loans. D. Payments typically stay the same amount from month to month

Answers

Answer 1

The option A and D is true about open-end credit because they mention that,

A) It is not typically used for a single purchase, but for many purchases over a period of time.

D) Payments typically stay the same amount from month to month.

What is open end credit?

Open-end credit, also called revolving credit, can be defined as a line of credit that gives the borrower a certain limit of credit and the ability to frequently borrow as little or as much of that money and repay any amount utilized below the set limit within a specified period.

With an open-end credit, the borrower has access to the whole credit limit, or full amount, once approved.

Thus, option A and D are true.

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Related Questions

bruin manufacturing has expected ebit of $26,000 in perpetuity. a tax rat 35% and debt equity ratio of 60 percent. the firm has $60,000 in outstanding debt at an interest rate of 8percent and its wacc is 12 percent. what is the value of the firm according to m&m proposition 1 with taxes?. should bruin change its debt-equity ratio if the goal is to maximize the value of the firm? explain.

Answers

The value of the firm according to M&M proposition 1 with taxes will be as follows,

WACC = .12 = (100/160)RE+ (60/160)(.08)(.65) ;RE= .1608

RE= .1608 = RU+ (RU– .08)(.6)(.65) ;RU= .1381

VU= EBIT(1 – t)/RU= ($26,000)(.65)/.1381 = $122,348.96

VL= VU+ Dt = $122,348.96 + .35D = $140,833.33

Or

VL= EBIT(1 – t)/WACC = ($26,000)(.65)/.12

= $140,833.33

What is M&M proposition?

Miller and Modigliani theory mentions two propositions. Proposition I state that the market value of any firm is independent of the amount of debt or equity in capital structure. Proposition II states that the cost of equity is directly related and incremental to the percentage of debt in the capital structure.

B) Applying M&M Proposition with tax the capitals, the firm has increased its value by issuing debt. As long as M&M Proposition holds, that is, there are no bankruptcy costs and so then the company should continue to increase its debt equity ratio to maximize the value of the firm.

Thus, the value of the firm according to M&M proposition 1 with taxes will be $140,833.33.

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PLEASE ANSWER FAST
Film editors need very good __________________ skills in order to work with the production team.

A. listening and communication
B. organization and decorating
C. athletic and listening
D. communication and discussion

Answers

Im pretty sure its b

How are payday lenders different from a bank or credit union?

A. Payday lenders usually offer loans at a much lower rate than
banks and credit unions.
B. Payday lenders usually don't require collateral, unlike banks and
credit unions.
C. Payday lenders often offer loans to people who are unable to get a
loan from a bank or credit union.
D. Payday lenders often offer loans for a longer term than banks or
credit unions.

Answers

The difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.

What is payday lending?

Payday lending is a type of short-term borrowing where a borrower receives a high-interest credit based on personal income.

The characteristics of payday lending include:

Small-term loansSmall amounts of money are involvedAvailable at short noticeInterest rates are high.

Thus, the difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.

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Answer: the answer is C (PAYDAY LENDERS OFTEN OFFER LOANS TO PEOPLE WHO ARE UNABLE TO GET A LOAN FROM A BANK OR CREDIT UNION!!!)

Explanation: I just took the test!

Respond to the posts indicating your agreement or disagreement with their position and why. Feel free to bring in additional references to these reply posts.

Answers

The US would benefit from gaining access to the Euro zone market and look to expand business by taking advantages of cheap import prices in the Euro zone. While the US would benefit from importing goods from India, china and Japan owing to cheaper export prices to these countries.

What is import and export?

An export is the sale of goods to a foreign country, while an import is the purchase of foreign manufactured goods in the buyer's domestic market.

When a country is importing goods, this represents an outflow of funds from that country. Local companies are the importers, and they make payments to overseas entities, or the exporters.

A healthy economy is one where both exports and imports are experiencing growth. This typically indicates economic strength and a sustainable trade surplus or deficit.

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Please IM BEGGING FOR HELP THIS TEST IS IMPORTANT!
The supply curve represents the _____ price at which a firm is willing to _____.

maximum; pay for inputs

minimum; pay for inputs

maximum; sell various quantities of a good

minimum; sell various quantities of a good

Answers

Answer:

minimum, sell various quantities of a good.

Explanation:

I think I’m right because, a supply curve does actually represent the minimum price, as well as at which a firm is willing to sell various quantities of a good. This is why I think I am correct.

5.24 The United States Golf Association requires that the weight of a golf ball must not exceed 1.62 oz.The association periodically checks golf balls sold in the United States by sampling specific brands stocked by pro shops....

Answers

The probability that none of the randomly selected golf balls exceed 1.62 oz in weight will be 0.7857.

How to calculate probability?

It should be noted that probability simply means the likelihood of the occurence of an event.

From the table given, the probability that none of the randomly selected golf balls exceed 1.62 oz in weight will be 0.7857.

The probability that at least one of the randomly selected golf balls exceed 1.62oz will be:

= 1 - 0.7857

= 0.2143

The probability of x is being greater than or equal to 3 will be 0.9999.

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i'm new to this please tell me how to answer a question in this?

Answers

Answer:

So i also have a tough time with this also at first so you basically go to brainly click in a subject and click on a question than click answer and after that post your answer and the people will see it.

You remove an adult out of the water who
was floating face down and not moving.
They are unresponsive… What next?

Answers

Answer:

First of all, I think this is a dum question, but what you would (probably) do is give him/her CPR.

Explanation:

Common sense.

i think:

and don't worry)

Book is reading as spoon is to ?

Answers

Answer:

Eating

Explanation:

The greeting of a cover letter is referred to as the
O salutation
O suffix
O opening
O prefix

Answers

Answer:

The answer is Salutation.

Explanation:

A salutation is the greeting at the beginning of a cover letter that is included with a resume when applying for a job

Fill in the blank.

_______ researchers can be a costly aspects of starting a business. In most cases, you can find the information through your own efforts.

Most of the important information about your business will come from your _______.

It’s a good idea to research your _______ prices before setting your _______.

The _______ model is determined by adding a predetermined percentage to your cost.

A company website may be a _______ source of information but not a _______ one.

Answers

Paying market researchers can be a costly aspects of starting a business. In most cases, you can find the information through your own efforts.

What best complete the following?

Most of the important information about your business will come from your customers.

It’s a good idea to research your industry standard prices before setting your prices.

The cost contingency model is determined by adding a predetermined percentage to your cost.

A company website may be a secondary source of information but not a primary one.

What is a Market research?

Market research involves gathering and analyzing data on consumers and competitors. Market research studies market status to find potential sales of a product or service. It helps companies understand what products people want, who will buy them, and at what price.

Therefore, the correct answers are as given above.

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Answer:

1. Professional

2. research

3. competitor’s, own

4. cost plus

5. quick, reliable

Explanation: PF

Many people find it easier to save for short-term goals than long-term goals. One reason that it is NOT easier to save for short-term goals is that short-term goals _____. Select the best answer from the choices provided. A. take less time B. cost less money C. require less planning D. are more important

Answers

Answer:

So, your answer is 'A' because short term goals are just of few months of 3 years . But long term goals are said to be for, our future actions. like for retirement etc.

1 v
Next O
Workplace Legislation and Workplace Policy: Mastery Test Submit Test
Tools
elect the correct answer from each drop-down menu.
ourteen-year old Eric wants to work during his school vacation. What time limits would apply to Eric on normal days to take up any work?
Eric may only work between 7 a.m.
and 7pm.
during his school vacation.
THIS IS NOT A QUESTION THIS IS THE ANSWER TO INTRO TO ENTREPRENEURSHIP SEM 2

Answers

The time limits that will apply to Eric will be limited to only work between 7 a.m. and 7 p.m. during his school vacation.

What is a time limit in Workplace Legislation?

This legislation outlines the appropriate and favorable time that employees is allowed to work at the employer's service.

Here, based on general practice, the time limits that will apply to Eric will be limited to only work between 7 a.m. and 7 p.m. during his school vacation.

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A Chart of Accounts might have the number 418 for what type of account?


Revenue


Asset


Liability


Capital


Expense

Answers

A chart of accounts having the number 418 is asset account type.

which among the sentences below best describe prepayments?

a. payments made for economic benefits that do not ever expire
b. classified as liability on the balance sheet
c. generally all combined into one assets account called "miscellaneous prepaid expense"
d. assets, which become expenses as they are used up

Answers

The statement that describes prepayment is B. classified as liability on the balance sheet.

What is prepayment?

It should be noted that a prepayment simply means an accounting term that's used for the settlement of a debt in advance.

In this case, the statement that describes prepayment is that it is classified as liability on the balance sheet.

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What role does weak financial regulation and supervision play in causing financial crises?

Answers

Weak regulation and supervision mean that financial institutions are at risk, especially if market behavior is weakened by the existence of a government safety net.

What are the causes and effects of a financial crisis?

The factors contributing to the financial crisis include systemic failure, unforeseen or uncontrollable human behavior, high-risk incentives, lack of control or failure, or infections that can spread the spread of virus-like problems from one institution or country to another.

Thus, this is the way weak financial regulation and supervision play in causing financial crises.

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If I sell 700 units of
product at $.79
each what is the
total revenue?

Answers

Answer:

i think its 553

Explanation:

Hope this helps

Analysis of Airline Results

Actual operating statistics for the three months ended June 30 in a Continental Airlines quarterly report follow:


Current Year Preceding Year
Revenue passengers carried 946,603 1,044,697
Revenue- passenger-miles (000s)* 549,179 577,071
Scheduled aircraft miles flown 9,472,766 8,595,308
Available seat- miles (000s) 971,028 839,720
Passenger load factor 56.6% ?
Yield per revenue-passenger-mile $ ? $ .0884

• A revenue-passenger-mile is 1 passenger carried 1 mile. For example, 2 passengers carried 800 miles would be 1,600 revenue-passenger-miles.
• Total revenue divided by revenue-passenger-mile.

The president of Continental commented:
“In the second quarter, airline revenues were nearly $64 million, a 25.6% increase compared with the preceding year. Revenue-passenger-miles, however, declined 5%, primarily as a result of weakened economic conditions. Meanwhile, the yield per passenger-mile increased 32% as a result of several fare increases made to counter spiraling costs.”

1. a. Compute the total passenger revenue in the second quarter of the preceding year.
1044697× 577,071= 602,864,342,487

b. Also compute the passenger load factor.
(Revenue- passenger-miles / Available seat- miles) × 100
(577,071/ 839,720) 100 = 68.7 %

2. Compute the yield per revenue-passenger-mile in the current year.
Total passenger revenue = 946603× 549179 = 519,854,488,937
Total passenger revenue generated / rpm
519,854,488,937/ 549,179= 946603

3. Assume that variable costs during the current quarter were 5cents per revenue-passenger mile. Also assume that the yield per revenue-passenger-mile was unaffected by the increase in the load factor. Suppose the passenger load factor had increased from 56.6% to 57.6%;

• Compute the increase in operating income that would have been attained.

Answers

Third quarter net income of $446 million, or $.73 per diluted share, driven by a $763 million offset of salaries, wages, and benefits expenses related to the receipt of Payroll Support Program (PSP) proceeds under the American Rescue Plan Act of 2021Excluding special items1, third quarter net loss of $135 million, or $.23 loss per diluted shareThird quarter operating revenues of $4.7 billion, down 17.0 percent compared with third quarter 2019Ended third quarter with liquidity2 of $17.0 billion, well in excess of debt outstanding of $11.2 billion

Explanation:

1.How and when do you use disposable gloves, and how often should you change them?

Answers

Answer:

when you don't want to get your hands messy like cleaning dishes and I saw the horse in your pf so mabey when braiding there hair or anything like that and theow away everytime u use them I'm not sure if that is the answer you were looking for but I hope so lol

Imagine you win $10,000 in a state competition and decide to invest your prize. First, determine your risk tolerance. Then, choose two investment options from the lesson for your money. Describe your investment plan in a detailed paragraph. Be sure to include responses to the following questions: • Why did you choose these two options? • How may taxes, fees, and inflation affect your investments? • How do your choices reflect your tolerance for risk? • How do you plan to divide your money between the two investment options you chose? Be sure to include the following terms in your explanation: o diversification o risk o rate of return o interest rate

Answers

Some possible investments that a person that won $10,000 make are:

CryptocurrenciesStocks

What is Risk Tolerance?

This refers to the ability of a person to be able to endure losses that can come from making an investment.

Hence, we can see that after making a good risk assessment to find the risk tolerance, if it is between medium to high, then it is advised to invest a good portion in cryptocurrencies and stocks and then put the remaining in a trust fund.

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explain idea generation concept

Answers

Idea generation or ideation is the act of forming ideas. It is a creative process that encompasses the generation, development and communication of new thoughts and concepts, which become the basis of your innovation strategy.

Use a well labelled graph to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy. (8)​

Answers

A country's economy will go on a decline if there is a hyperinflation in the petrol prices.

What is hyperinflation?

Extreme increase in prices in a very short span of time is regarded as the condition of hyperinflation. If there is hyperinflation in the petrol prices, its demand will be lowered and people will look for substitutes.

Thus, increase or hyperinflation in the petrol prices will lead to declining of a country's economy and will not serve as a wise decision.

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1.2 Describe the demand curve

Answers

Answer:

demand curve, in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis.

Explanation:

What are the disadvantages of indirect distribution network

Answers

The disadvantages of indirect distribution network is that more time and resources are used.

What is Indirect distribution network?

This involves selling wholesale products  to retailers so as to ensure the goods are distributed to the public.

This puts distance between the individual and customers which is why more time and resources are deployed so as to ensure it gets to its final destination.

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What is one step a borrower should take in order to better control their debt?
A. Carefully examine their expenses
B. Apply for more credit cards
C. Declare bankruptcy
D Day only the monthly payment

Answers

Answer: A i think

Explanation:

Differences between conflict and grievances

Answers

Answer:

A conflict is a struggle and a clash of interest, opinion, or even principles. Conflict will always be found in society; as the basis of conflict may vary to be personal, racial, class, caste, political and international.

A grievance (from Latin gravis 'heavy') is a wrong or hardship suffered, real or supposed, which forms legitimate grounds of complaint. In the past, the word meant the infliction or cause of hardship.

What should you do if your decision isn't working out and you have tried making adjustments

Answers

Alternative actions (if the decision is not working as intended): Give it more time: You need to make sure employees, customers, and so on have had enough time to get used to the new action. Change it slightly: Maybe the action was correct, but it just needs "tweaking"—a small change of some sort.

(hope it helps hehe ^^')


Which of the following would be considered a 'Tamper proof container?'

Answers

“Tamper proof container” is defined as a “container that once sealed, clearly shows whether it has been opened. The term includes a cup or similar container that is placed into a bag that has been sealed with a zip tie or staple or sealed with shrink wrap or a similar seal.”

What is Tamper Evident Packaging?

Tamper evident packaging that alerts the consumer to foul play or damage to the product.

What is meant by a tamper proof container?

Examples of approved containers- Sealed and Tamper Evident;

Cork or plug with a foil heat seal. crown capped glass bottles (similar to beer bottles). container with a shrink band or shrink wrap seal over the screw cap. heat- sealed closures over sealed caps.

Then you can grasp forward about tamper proof container too-

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Define marketing and the marketing concept.

Answers

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and also utilizing the appropriate people to provide the customer service associated with goods, services, or ideas...

What can a borrower do to take control of their debt? O A. The borrower can apply for more credit cards. O B. The borrower can create a payment plan. O C. The borrower can make only minimum payments. O D. The borrower can pay bills selectively.​

Answers

The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

What is a debt?

Debt refers to amount money borrowed or things someone owed a person and promises to refund or return back when it is available.

A borrower borrowed from the lender and it is the borrower that is in debt.

Therefore, The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

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(1 point) If 8000 dollars is invested in a bank account at an interest rate of 9 per cent per year, find the amount in the bank after 5 years if interest is compounded annually What is the distance between (-5, 2) and (-1, 6). Round to the nearest tenths if necessary. You can either graph it or use the distance formula below. 2. Which theorem would show that x = 5 in the diagram? Plsssss helpppppoooooooooopppppppppppppppppppppp What is the volume of the figure below?2 stacked rectangular pyramids. The pyramids have a base of 4 feet by 5 feet and a height of 4.5 feet.30 feet cubed60 feet cubed90 feet cubed120 feet cubed Which of the following statements is true of hackers? Check all of the boxes that apply.They are sometimes differentiated into two types, called gold hats and silver hats.Some hackers are criminals.Some hackers do it as a form of protest.Some hackers are network security professionals who want to improve the security of a network by identifying flaws. Energy can come in many different forms such as mechanical energy, sound energy, electromagnetic energy, thermal energy, chemical energy, and nuclear energy.15 Energy is measured in units called __________ Help please I really dont understand Find out if the lengths form a right triangle Write an essay explaining how Whitman answered the question "What does it mean to be an American?" in " Song ofMyself." Your response should be at least 200 words. . Which of the following details support this main idea: Recycling keeps reusable trash out of landfills? Select all that apply.My aunt throws all of her newspapers away.Composting paper keeps it from ending up in landfills.Bottles and cans can be made into other products.Garbage trucks weigh around 64,000 pounds or 32 tons. help answer this pls Do modern day walls have the same impact on countries If 100.0 g of carbon-14 decays until only 25.0 g of carbon is left after 11 460 y, what isthe half-life of carbon-14? 22.Round 203.497 to the nearest whole number Whats the answer?????? 1.1 solve for x, where 0< x 90. write your answer to one decimal place. 1.1.1 tanx=sin38 1.1.2cosec( x+10)=1.345 11. What is the equation of the median-median line for the dataset in the table? X Y2 64 226 308 2410 4012 4614 5216 7218 6020 64 isnt child abuse a health All of the following are negative impacts farming has on the environment EXCEPT __________________.A. increasing food supply for the increasing population growth.B. developing land to use for farms which takes away habitats for native plants and animals.C. spraying pesticides on farm fields that run into natural waters and harm native species.D. routing water away from natural sources to use on crops, means natural bodies of water cannot support native species.