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1 year ago

Which Act was enacted as a response to the rising level of unsecured consumer debt?

1 answer:

7 0

The Credit Card Accountability, Responsibility, and Disclosure Act of 2009 or also known as the Credit CARD Act was passed on May 22, 2009. This act will make it easier for the consumers to settle their credit card liability balances. This is made as an answer to the increasing number of consumer debt.

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After assessing the results from a recent customer survey, top managers at Gibraltar Corporation are convinced their firm is doi

vivado [14]

Answer:

Empowerment approach is a type of approach which empowers people to do their tasks and this way they feel more confident working for the company.

Here in this question, I think that empowerment approach can be a good way to improve the responsiveness of the company because this way, it will create a sense of security in amongst the workers and they will feels confident to respond to customer needs by themselves, which in turn will ultimately lead to quick responding to the customer needs by the company. So yes, i think the answer is TRUE.

Hope this clear things up. Thank You.

4 0

1 year ago

Read 2 more answers

Halverstein Company's outstanding stock consists of 8,050 shares of cumulative 5% preferred stock with a $10 par value and 3,450

Licemer1 [7]

Answer:

$6,900 to preference shareholders

Explanation:

The computation of the amount of dividends paid to preferred and common shareholders in Year 2 is shown below:

The Preference dividend is

= 8,050 shares × $10 × 5%

= $4,025

And, since the preference dividend is cumulative plus the in year 1 there is no dividend paid and in year 2 the dividend amount given is $6,900

But the total value is

= $4,025 + $4,025

= $8,050

So the total amount i.e $6,900 is paid to preferred shareholders only

3 0

1 year ago

The sales for January, February, and March are $150,000, $180,000 and $220,000, respectively. For any particular month of sa

Gekata [30.6K]

Answer:

Total cash= $193,000

Explanation:

Giving the following information:

Estimated sales ($):

January= $150,000

February= $180,000

March= $220,000

40% in cash from that same month of sales

50% in cash from the previous month's sales

10% in cash from the sales from two months ago

C<u>ash collection March:</u>

From March= 220,000*0.4= 88,000

From February= 180,000*0.5= 90,000

From January= 150,000*0.1= 15,000

Total cash= $193,000

3 0

1 year ago

The number at the bottom right of each supplier’s box shows the portion of Boeing’s costs in thelast year that went to that supp

vaieri [72.5K]

Answer:

both

United Continental with a capital expenditure of 60.68%
Southwest Airlines with a capital expenditure of 51.38%

Explanation:

Since United Continental's purchases of Boeing planes represent over 60% of their capital expenditures, this means that Boeing had to be the primary plane supplier. Even if the company purchased planes form other manufacturer, their purchases would not even be 40% of the company's purchases.

The same applies to Southwest Airlines, even though the purchases from Boeing are a little lower, they are still over 51%. This means the company could not have spent more money on purchasing planes from another company. The maximum purchase from another airplane manufacturer would have been less than 49% at most.

Besides the previous analysis, you must also consider that the company spends money on things besides airplanes, e.g. new training facilities, equipment, computer software, other vehicles, etc.