High credit card balances, many open cards, and slow or missed payments are considered to be

a. responsible credit card use.

b. not really a problem.

c. reasons for high credit scores.

d. credit card abuse.

Currently, the price index used to calculate the inflation rate is equal to 90. The general expectation throughout the economy is that nect year its value will be 99. The current nominal interest rate is 12 percent. What is the real interest rate?

inventory Turnover and Days' Sales in Inventory The following financial statement data for years ending December 31 for Holland Company are shown below.

On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cost to the seller was $150.

Ivanhoe Co. reports net income of $78,000. Partner salary allowances are Pitts $10,000, Filbert $3,000, and Witten $5,000. Indicate the division of net income to each partner, assuming the income ratio is 52 : 22 : 26, respectively. quiz

Are important to possess because they can be used in many different jobs and situations

Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called? A. open market operations required B. reserve ration C.

First national bank charges 13.2 percent compounded monthly on its business loans. first united bank charges 13.5 percent compounded semiannually. calculate the ear for first national bank and first united bank

A South American country exports coffee and estimates the demand function to be D (p) = 75 - 3p2. If the country wants to raise revenues to improve its balance of payments, should it raise or lower the price from the present level of $3 per pound?

A monopolistically competitive market could be considered inefficient because a. marginal revenue exceeds average revenue. b. price exceeds marginal cost. c. the efficient scale of production is only achieved in the long run, not in the short run. d.

after visiting several automobile dealerships richard selects richard selects the used car he wants he likes it 10,000 price but finanicing through the dealer is no bargain.