explain the difference between a stock dividend and a stock split. as a stockholder, would you prefer to see your company declare a 100% stock dividend or a 2-for-1 split? assume that either action is feasible.
Answers
A stock split is a division of issued shares in a ratio determined by the company, while a stock dividend is a dividend paid in the form of extra shares.
What is a stock dividend?Generally, A common stock dividend is a payment made from a company's earnings to holders of common stock.
The distribution is made in the form of stock or cash, much like regular dividends. The amount of the common stock dividend may be regulated by law, especially if it is paid as a cash distribution that is effectively liquidation.
A stock dividend is simply the equitable distribution of a company's own shares of stock to its shareholders on a proportionate basis. '
The term "stock split" refers to the practice of splitting the total number of outstanding shares currently held by shareholders into a number of smaller shares.
The proportion of a stock dividend that is distributed to shareholders is added to the total number of shares.
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Related Questions
one joint of marijuana impairs a person more than having a blood alcohol content of _____ %.
Answers
hope this helps
One joint of marijuana impairs a person more than having a blood alcohol content of 0.1%.
What do you mean by blood alcohol content?A blood alcohol content (BAC) of 0.1% indicates that your blood contains 0.1% alcohol by volume. BAC is a measure of alcohol in the blood as a percentage. More harm can be done by one joint of marijuana than by 0.1% of alcohol.
Marijuana is a drug made from the marijuana plant. It can be used as a recreational drug and is a component of many medicines. It can speed up heartbeat, induce anxiety, and result in hallucinations.
Joint is a rolled cannabis cigarette
The most passionate debates over medicinal marijuana center not on its efficacy in treating patients' illnesses but rather on its potential for harm to both individuals and society as a whole.
This chapter first looks at the scientific evidence that users of marijuana suffer both bodily and psychological harm. Then it takes into account any possible social repercussions of approving marijuana use for medical purposes.
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What is moral myopia? Why do you think an advertising professional might experience this phenomenon?
Answers
Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.
Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics
Answers
Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.
These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.
Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.
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3. Describe a time when you or someone you know experienced stress. What was the
stressor? What were the symptoms? (3-6 sentences. 1.0 points)
Answers
Answer
Once before I had to do exams and my father had me watching 3 kids while I was trying to study. I started getting tired and just wanted to give up and go to sleep. I continued trying to study but it was quite a bit of stress on me.
Explanation:
How much is 6500 Usd in GBP?
Answers
6500 United States Dollars (USD), on converting will be 5418.37 British Pound Sterling (GBP)
The Pound Sterling(GBP) is the money utilized in the United Kingdom, while the US Dollar (USD) is the cash utilized in the US. Transformation rates between various monetary forms change day to day, so checking the ongoing rate prior to making a conversion is significant.
One method for deciding the transformation pace of Pound Sterling to US dollars is to take a gander at the conversion standard, which is the cost at which one cash can be traded for another. This conversion is not entirely set in stone by the organic market, as well as different factors, for example, loan fees and expansion.
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1.What steps can be taken to preserve the integrity of the Craft Fair
event while still supporting the Art Club amidst budget cuts?
2. Who are the stakeholders involved in Mr. Kim's decision? In what
way(s) are they potentially impacted and to what extent?
3. How transparent should businesses be about their decisions
regarding quality level and pricing? How does this affect trust in the
companies and decisions you make to purchase?
4. Describe a situation in which you were either completely satisfied
with the quality and price of a purchase OR disappointed in the
quality and price of a purchase.
Answers
The steps that can be taken to preserve the integrity of the Craft Fair is: To preserve the integrity of the Craft Fair event while supporting the Art Club amidst budget cuts, several steps can be taken.
What steps can be taken to preserve the integrity of the Craft Fair event? To preserve the integrity of the Craft Fair event while supporting the Art Club amidst budget cuts, several steps can be taken. First, the event organizers could consider reducing the number of vendors and increasing the quality of the products on display. This would help to maintain the prestige of the event and attract buyers who are interested in high-quality, unique items. Second, they could explore alternative sources of funding, such as corporate sponsorships or crowdfunding. Finally, they could consider partnering with other organizations or businesses to co-host the event and share costs. The stakeholders involved in Mr. Kim's decision include the Art Club members, the vendors who participate in the Craft Fair, the buyers who attend the event, the school administration, and the broader community. Art Club members are potentially impacted by potential budget cuts, while vendors may be affected by changes in event quality or pricing. Buyers may be impacted by changes in the quality of products on display or the overall atmosphere of the event. Transparency is important in maintaining trust with customers. Businesses should be open and honest about the quality of their products and services, as well as their pricing policies. This can help to build a reputation for integrity and reliability, which can lead to increased customer loyalty and long-term success. However, it is also important to balance transparency with the need to maintain a competitive edge in the marketplace. Recently, I purchased a pair of running shoes that I was completely satisfied with. The price was reasonable, and the quality was excellent. The shoes were comfortable and durable, and they helped me improve my running performance. In contrast, I once purchased a smartphone that was disappointing in terms of both quality and price. The phone was slow and buggy, and it did not live up to the promises made in the advertising. Additionally, the price was much higher than comparable devices on the market, which made the disappointment even more acute.Learn more about integrity here:https://brainly.com/question/30398377
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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answers
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
what does it mean to provide customer service? PLEASE HELP
Answers
Answer:
Providing excellent customer service means going the extra mile in making sure a customer is happy and satisfied with a company's products or services. It also involves providing service to a customer in a timely, pleasant manner.
HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
About which activity or aspect of the distribution function does David need more guidance?
David works as a warehouse employee for a business that manufactures kitchenware. The utensils and other items that the business manufactures are extremely delicate. Recently, David dropped some expensive glassware when he was loading the items in a truck. David’s manager has decided to provide him better guidance about an important aspect of distribution, which is BLANK.
Answers
Answer: I think it’s marketing
Explanation:
Can dealerships do custom license plates or do I have to go to a DMV?
Answers
After placing an online or mail-in order, the DMV will process it and make the custom licence plates available for pickup in around 8 to 12 weeks. Your customised licence plates will be sent to you via mail when they are prepared for pickup.
What is the turnaround time for Texas licence plates?According to the Texas DMV, the title and registration must be processed through a dealer. You will receive the plates by mail in roughly 30 days. If you financed your car, this might be extended to 45 days. You can file a dealer complaint if you don't get it within that time frame.
How much does a personalised licence plate cost in California?Standard-number licence plates in California cost $50 to acquire from the DMV, plus a $40 renewal fee each year. The cost of adding personalised letters and numbers on the licence plate is $103 plus an annual renewal fee of $83.
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Tuity fruity beverage company's operating activities for the year are listed below. purchases $140 comma 500 operating expenses 80 comma 600 beginning inventory 12 comma 900 ending inventory 18 comma 300 sales revenue 300 comma 700 what is the gross profit for the year?
Answers
Answer:
$135,100
Explanation:
Given :
Cost of purchasing: $140,500
Operating expenses :$80,600
beginning inventory:$12,900
Ending inventory:$18,300
sales revenue :$300,700
Gross profit of the year can be determined by
Cost of purchasing + beginning inventory - Ending inventory
=140,500 + 12,900 -18,300
=$153,400-$18,300
=$135,100
__________ is the practice of not only customizing a product but also personalizing the marketing and overall shopping and buying interaction for each customer.
Answers
Customerization is the practice of not only customizing a product but also personalizing the marketing and overall shopping and buying interaction for each customer.
Customerization is a strategy which organizations use wherein they customize the products or services through personal interaction between a company and its customers. Thus, in this strategy both the company and the consumer contribute to the resulting product value together.
Marketers use customerization to decrease churn and improve customer satisfaction. Also, customerization helps to improve customer loyalty and gives a company a competitive edge where a company expands.
Hence, customerization is the customization of products or services.
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How does the financial market impact the economy?
Answers
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
The needs of borrowers and lenders are met by the combination of well-established financial markets and institutions as well as a wide range of financial products and instruments, which benefits the economy as a whole.
Investors can specialize in specific industries or services, diversify their risks, or do both thanks to financial markets (like those that trade stocks or bonds), instruments (including bank CDs, futures, and derivatives), and institutions (like banks, insurance companies, mutual funds, and pension funds). Financial markets and financial institutions, collectively contribute to economic growth; nevertheless, the relative proportion of the two does not seem to be a significant determinant in growth.
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Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
Answers
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors. Should you shelter in place?
Select the best option.
Yes
No
Answers
The statement A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors is true as you should shelter in place if a massive amount of ammonia gas has been accidentally released near your office and you have a room without windows and relatively tightly sealed doors.
Sheltering in place means staying indoors and creating a barrier between yourself and the outside environment to reduce exposure to hazardous material. A room with a tightly sealed door can provide a good barrier against the outside air and help to prevent the entry of hazardous gases.
It is important to follow any instructions given by emergency responders and to stay informed about the situation until it is safe to leave.
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Instructions Assignment Information This assignment combines the concepts covered in the first half of the course. Students have an opportunity to demonstrate their learnings from previous assignments, course material, quizzes and workshop activities. Using the assignment requirements as a guide, and the template provided, create a narrated (recorded) presentation that demonstrates project context and the purpose of the risk management plan. Complete this assignment individually. An optional MS Powerpoint outline is available to help you get started (see Attachment). Read the instructions and requirements carefully. Late Assignments: 10% of the total grade deducted for each day the assignment is late to a maximum of 3 days. Exceptions are to be arranged in advance. Project Context You are the project manager and you are responsible for creating the risk management plan. Your company values risk management and would like you to conduct an overview session for this project to help your project team be successful. Minimum Requirements Students select from these ranges Cost: $400,000 to $500,000 Schedule: 6 to 8 months or 24 to 32 weeks Reserve: Not to exceed 12.5% of the cost Project Priorities: see Larson section 4.2 Establishing Project Priorities The student will enhance the project context by coming up with their own unique characteristics of the project: Name your project Provide a short overview of the industry and/ or type of business that the project is executed in Provide the type of project (operational, tactical or strategic) Provide general information related to the project, sponsor, customer or stakeholders, and high-level scope of the project Instructions Customize your project context and complete this assignment based on this information. An outline is available to use as a starting point (not mandatory). The presentation should be in the range of 5 to 10 slides and 3 – 5 minutes. Using Microsoft PowerPoint or an alternative application, create a narrated presentation including these requirements: Purpose of the risk management plan, including why it is important Project context to set the parameters for tailoring of the plan Impact table, tailored to the project, including how the table is used Heat Map, tailored to the project, including how it is used Risk Register, include a referenced example, explain the value of the risk register The methods and formats for impact tables and heatmaps must reflect what is being used for this course Title page, table of contents and references (all sources and citing where appropriate). Perform a spelling and grammar check, use proper project management terms (i.e. risk). Perform a final format check, make this look professional. Record your presentation (3-5 minutes). Students may record using the method of their choice – please make sure the professor can play the recording. Submit your recording, speakers notes (for each slide) and slide deck (5-10 slides) to the Assignment 3 drop box
Answers
This assignment combines the concepts covered in the first half of the course. Students have an opportunity to demonstrate their learnings from previous assignments, course material, quizzes, and workshop activities.
The minimum requirements are that students select from these ranges: Cost: $400,000 to $500,000 Schedule: 6 to 8 months or 24 to 32 weeks Reserve: Not to exceed 12.5% of the cost Project Priorities: see Larson section 4.2 Establishing Project Priorities The student will enhance the project context by coming up with their own unique characteristics of
the project; Name the project, Provide a short overview of the industry and/or type of business that the project is executed in, Provide the type of project (operational, tactical, or strategic), Provide general information related to the project, sponsor, customer, or stakeholders, and high-level scope of the project. An outline is available to use as a starting point (not mandatory).The presentation should be in the range of 5 to 10 slides and 3 – 5 minutes. Using Microsoft PowerPoint or an alternative application, create a narrated presentation including these
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for which type of employee should an implied or suggested order not be used?
Answers
An implied or suggested order should not be used for any type of employee, as it can lead to confusion and miscommunication.
It is important for managers to clearly communicate their expectations and directives to their employees in a direct and explicit manner. Implied or suggested orders can be easily misunderstood and may not be taken seriously by employees, which can result in errors or lack of productivity. Additionally, using implied or suggested orders can create a negative work environment, as employees may feel unsupported or unsure of their responsibilities. In order to maintain a productive and positive workplace, managers should always communicate their expectations clearly and directly, avoiding any confusion or misunderstandings.
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1. What is 3-period moving average?
2. Calculate the MAD in each forecast and determine which method is more accurate.
Weighted 3-period moving average using 0. 5 for the most recent period, 0. 3 for the second recent period, and 0. 2 for the third recent period. Calculations of weighted moving averages for the year 2021
=1340×(0. 5+0. 3+0. 2)
=1340×(1)
=1340
Calculations of weighted moving averages for the year 2020
=1060×(0. 5+0. 3+0. 2)
=1060×(1)
=1060
Calculations of Weighted Moving Averages for 2019 =640×(0. 5+0. 3+0. 2) =640×(1) =640
EXHIBIT 1: AVERAGE ORBER PRICAC Note: *Average total order includes the cost of delivery: "Snacks cost uMunch an avarage of $4 per Source: Company files EXHIBIT 2: PROJECTED TOTAL MONTHLY APP ORDERS EXHIBIT 1: AVERAGE ORDER PRICING Note: "Average total order includes the cost of delivery; "*Snacks cost uMunch an average of $4 per person. Source: Company files EXHIBIT 2: PROJECTED TOTAL MONTHLY APP ORDERS
Answers
We can see here that the 3-period moving average is a simple forecasting technique that calculates the average of a variable over a specific period of time.
What is MAD?MAD stands for Mean Absolute Deviation. It is a statistical measure used to quantify the dispersion or variability of a set of data points. The MAD provides information about the average absolute difference between each data point and the mean of the dataset.
All values
Period 3 (2021) = 1340
Period 2 (2020)= 1060
Period 1 (2019) = 640
Mean average = 1340 + 1060 + 640 = 3040/3 = 1013.33
1340 - 1013.33 = 326.7
1060 - 1013.33 = 46.7
640 - 1013.33 = - 373.3
Thus, MAD = 326.7 + 46.7 - 373.3 = 0.1
= 0.1/3 = 0.0333.
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a firm that sends e-mail updates to customers about new products is engaging in personal selling.T/F
Answers
The statement is False. A firm that sends e-mail updates to customers about new products is not engaging in personal selling.
Personal selling involves face-to-face communication between a salesperson and a potential customer in order to persuade them to purchase a product or service. E-mail updates, on the other hand, are a form of direct marketing that allows a company to communicate with customers in a more cost-effective and efficient way. While e-mail updates can be personalized and targeted to specific customers, they do not involve the same level of personal interaction as personal selling.
In summary, while e-mail updates can be a valuable marketing tool, they are not a form of personal selling.
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Norcraft, inc. Usually moves new employees to a higher position within a year and fills most of its higher-level positions internally, resulting in a satisfied workforce as well as cost saving through lower turnover of employees. Which facet of job satisfaction has norcraft fostered?.
Answers
Norcraft has fostered the promotion satisfaction facet of job satisfaction.
What is promotional satisfaction?Promotional satisfaction is a measure taken by organizations to boost employee(s) morale, reduce absenteeism, and make the employee workplace a pleasant place to work.
The approach incorporated by Norcraft to move employees to a higher position within a year to fill higher-level positions internally has offered the employee promotional satisfaction in their job role.
The purpose of promotional satisfaction is to:
Increase employee engagement in their job roles.Improve your workforce's skills and potential.Job satisfaction as well as cost-saving through lower turnover of employees.Learn more about promotional satisfaction here:
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testing samples of the product at all phases of the production process to ensure that quality is built in from the beginning is called
Answers
The process of testing samples of the product at all phases of the production process to ensure that quality is built in from the beginning is called Quality Control.
Testing samples of the product at all phases of the production process to ensure that quality is built in from the beginning is called process control
.What is process control?
Process control is the system of maintaining the consistency of output while reducing the need for inspection by focusing on the process itself. Process control is a systematic method of quality management. Quality management systems, as well as project and program management, have incorporated process control as a critical component. The process control system helps in the detection of defects at the earliest possible time, resulting in the production of a high-quality product.
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Describe at least two factors you could consider to help decide how much inventory to keep in stock of a particular item at the store. (1-4 sentences. 1.0 points)
Answers
Answer:
Determine how much demand there is for the product. Determine the cost of purchasing the product and how much is affordable. Figure out how much profit can be made off of each item and each order.
Using the 2017 data, how much more would a college graduate with bachelor's degree expect to earn per year than a high school graduate?
Answers
Answer:
The estimated median lifetime earnings (in 2017 dollars) for a bachelor's degree recipient at age 64 was more than $1.2 million. High school graduates earned far less — just over $800,000, according to the College Board's research.
Explanation:
10 points print item 4 assume that tea and lemons are complements and that coffee and tea are substitutes. a. how, if at all, will the imposition of an effective ceiling price on tea affect the price of lemons?
Answers
Based on the fact that an effective price ceiling was imposed on tea, the effect on the price of lemons is an increase in price.
What happens to complements after a price ceiling?When an effective price ceiling is introduced on a good like it was on tea, this would lead to an increase in demand for the tea.
The compliments such as lemon would then see an increase in demand as well because compliments are bought together. This increase in demand will lead to a rise in price.
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If the output level increases from Q2 to Q3, then the marginal cost of the product
A. becomes closer to its marginal benefit and the market achieves allocative efficiency.
B. increases while its marginal benefit decreases and the market achieves allocative efficiency.
C. increases while its marginal benefit decreases and the market no longer achieves allocative efficiency.
D. stays constant while its marginal benefit increases and the market no longer achieve allocative efficiency.
Answers
If the output level increases from Q2 to Q3, then the marginal cost of the product will increase while its marginal benefit decreases. This means that the market will no longer achieve allocative efficiency, as the cost of producing the product has increased while the benefits to consumers have decreased. The correct option is C.
When the output level increases from Q2 to Q3, the marginal cost of the product also increases. This means that it becomes more expensive to produce each additional unit of the product.
Option A is incorrect because an increase in marginal cost does not necessarily bring the market closer to allocative efficiency. Allocative efficiency is achieved when marginal cost equals marginal benefit, which requires an analysis of both costs and benefits.
Option B is incorrect because it suggests that the marginal benefit of the product decreases when the output level increases, which is not necessarily true. It is possible that the marginal benefit remains the same or even increases as the market expands.
Option C is the correct answer. An increase in marginal cost while the marginal benefit remains constant or decreases mean that the market is no longer achieving allocative efficiency. Allocative efficiency is achieved when the marginal benefit of the product is equal to the marginal cost of production.
Option D is incorrect because it suggests that the marginal benefit of the product increases when the output level increases, which is not necessarily true.
Therefore, The correct option is C.
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hermine left a very high paying job to join john’s law firm based on john’s promise to give her a job if she would come to his firm. john tells hermine that he really did not want to give her the job and she should not have quit her job. if hermine sues john, which doctrine may courts use to estop, or prevent, john from revoking his offer?
Answers
Promissory estoppel doctrine is the doctrine that courts may use to estop, or prevent, john from revoking his offer
This is further explained below.
What is Promissory estoppel?Generally, It is a concept of law that forbids one person from breaking their promise to another and unjustly inflicting harm to another individual as a result of their actions.
In the event that legal action is taken, the court has the authority to prevent (or estop) a person from breaking a commitment that they have given to another party.
In conclusion, the law of promissory estoppel is one that the courts may use to estop or prohibit, John from withdrawing his promise.
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For companies with large amounts of fixed manufacturing overhead, total manufacturing overhead costs tend to:
Answers
Generally, companies that has large amounts of fixed manufacturing overhead tends to have a total manufacturing overhead costs that remain constant from one period to the next
What are overhead costs?In accounting , an overhead costs refers to expenses that are required to run the business including cost like rent, insurance, utilities etc
In conclusion, the companies that has large amounts of fixed manufacturing overhead tends to have a total manufacturing overhead costs that remain constant from one period to the next.
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Answer:
remain fairly constant
Explanation:
Identify the careers that match the descriptions.
Checks to make sure that laws and regulations are followed for pollution and waste disposal:
Organizes waste materials for processing into new products and substances:
Operates machinery for treating water for human use:
Uses design skills to solve and prevent environmental problems:
Cleans up and disposes of toxic chemical and fuels:
Options
A. Recycling and Reclamation Worker
B. Water and Wastewater Treatment Plant and System Operator
C. Hazardous Materials Removal Worker
D. Environmental Compliance Inspector
E. Environmental Engineer
Answers
1- Enviromental Compliance inspector (D)
2- Recyling and Reclamation Worker(A)
3-Water Treatment Plant and System Operator (B)
4-Enviromental Engineer (E)
5-Hazardous Materials Removal Worker(C)
A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses to open the
new branch in China?
A. The business could not use the money it spends on the new
branch for something else.
B. The business would be able to increase the selling prices for most
of its products.
C. The business would have to spend all its money making new
Chinese products.
D. The business would be able to easily sell its products to many new
customers.
Answers
Answer: A. The business could not use the money it spends on the new
branch for something else.
Explanation:
Opportunity cost simply means the cost of what one forgoes when an alternative decision is taken.
Since the business chooses to open a new branch in China, the opportunity cost will be the money that the business could have spent on something else.
Therefore, the correct option is A.
A credit card holder has an outstanding balance on four different credit cards. which method of paying off the credit card will save the most money? a. snowballing payments according to the highest interest rate b. snowballing payments according to the lowest balance c. making fixed payments each month d. paying the minimum balance each month
Answers
The method of paying off the credit card that will save the most money is snowballing payments according to the highest interest rate.
This method involves making the minimum payments on all credit cards except the one with the highest interest rate, on which the debtor will make the largest payment possible. Once the card with the highest interest rate is paid off, the debtor moves on to the next card with the highest interest rate and so on until all the cards are paid off. This method saves the most money because it reduces the amount of interest that accrues over time.
In contrast, snowballing payments according to the lowest balance (option b) may provide a psychological boost by quickly eliminating a debt, but it may not save as much money in the long run. Making fixed payments each month (option c) and paying the minimum balance each month (option d) will result in more interest being paid over time and will therefore not save as much money as snowballing payments according to the highest interest rate.
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