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2 years ago

Which of these credit card payback strategies would result in your paying the HIGHEST amount of interest?

Business

1 answer:

alukav5142 [94]2 years ago

5 0

Answer:

D. Making the minimum payment (3% credit card balance) every month with an occasional late payment

Explanation:

Credit card debts attract a very high-interest rate. By design, the interest on uncleared balances increases rapidly. Credit cards calculate interest monthly. Any uncleared balance and the interest incurred is rolled over to the next month, where it continues attracting more interest.

The best strategy is to clear credit card debts in the month they are incurred. Late payment attracts heavy penalties. A combination of late payments and outstanding balances will make interest charges grow exponentially.

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Hewlett Packard makes a variety of inkjet printers for personal computers. You can buy a basic 'all in one' printer that scans,

Olenka [21]

Answer: Captive product pricing

Explanation: Captive product pricing refers to the strategy under which the company offers lower prices for the main product but earns revenue by charging higher for the captive products that are essential for the use of the main product.

In the given case, Hewlett packard are charging low for their printers but the prices of cartidges are high.

Hence from the above we can conclude that the above example depicts captive product pricing.

5 0

1 year ago

6) Discuss the following statement: "Good research is deductive in nature."

GrogVix [38]

No it is not good in nature!!!!!

5 0

1 year ago

During 2016, Monty Corporation spent $156,960 in research and development costs. As a result, a new product called the New Age P

MAXImum [283]

Answer:

The entries during 2016 are as follows:

- Intangible asset (R&D) $156960

Cash $156960

- Patent $32400

Cash $32400

- Patent amortization expense $3240

Patent $3240

Explanation:

According to IAS 38 (Intangible assets), research and development costs should only be capitalized (recorded as intangible assets) when all of the following criteria is met.

1- The entity intends to complete the development of research findings.

2- The costs of research and development can be reliably measured.

3- There are adequate resources available for the development and development has technical feasibility.

4- It's probable that future economic benefits will flow to the entity.

Given the data in the question, all of the requirements are met under IAS 38 and hence the research and development costs are capitalized (recorded as an intangible asset). Secondly, the patent is also an intangible non-current asset.

The entries during 2016 are as follows:

- Intangible asset (R&D) $156960

Cash $156960

- Patent $32400

Cash $32400

- Patent amortization expense $3240

Patent $3240

Patent amortization is calculated by dividing the cost of patent upon it's useful life (i.e $32400÷10).

4 0

2 years ago

what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?

Marysya12 [62]

Explanation:

Remember, MTV is a cable TV company initially founded in the United States.

Political challenges:

There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.

Economic challenges:

The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.

Competitive challenges:

Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.

6 0

2 years ago

A farmer must decide whether to sell his milk to a multinational food conglomerate or to join with other farmers to form a dairy

lidiya [134]

Answer:

The cooperatives help their member to focus their attention on their livestock while the cooperatives work to get the best prices for their products.

Explanation:

5 0

1 year ago