What is the best definition of the term marginal?
In today's decentralized business world, ________ the most important strategic decisions.
Suppose you have two credit cards. The first has a balance of $415 and a credit limit of $1,000. The second has a balance of $215 and a credit limit of $750. What is your overall credit utilization?
In overall utilization ratio it takes all the credit limits and all the credit cards. For example, all the credit limits are $1000 + $750 = $1750. and the cards is $415 + $215 = $630.
To calculate for the credit utilization ratio we divide by the total credit limits on all cards then we multiply by 100. For example,
The first and second credit cards is $415 + $215 = $630.
The first and second limits is $1000 + $750 = $1750.
To get the percentage of the overall utilization ratio we get,
$630 / $ 1750 × 100 = 36%.
The credit utilization amount is $630, and credit utilization rate is 36%.
Further Explanation:
Credit utilization rate: Card utilization amount is the total amount of credit card balance. When the user of the credit card uses the funds from the credit card, then the funds used by the cardholder is known as credit card balance. Credit utilization is computed by dividing the credit card balance to the total credit limit.
[tex]{\text{Credit card utilization rate }} = {\text{ }}\dfrac{{{\text{Total credit card balance}}}}{{{\text{Total credit card limit}}}}[/tex]
Calculate the credit utilization rate:
[tex]\begin{gathered} {\text{Credit card utilization rate }} = {\text{ }}\dfrac{{{\text{Total credit card balance}}}}{{{\text{Total credit card limit}}}} \\ = {\text{ }}\dfrac{{{\text{\$ 630}}}}{{{\text{\$ 1,750}}}} \\ = {\text{ 36\% }} \\ \end{gathered}[/tex]
Thus, the credit utilization amount is $630, and credit utilization rate is 36%.
Working note:
Calculate the total credit card balance:
[tex]\begin{gathered} {\text{Total credit card balance }} = {\text{ }}\left( \begin{gathered} {\text{Credit card balance (Credit card 1) }} \\ + {\text{ Credit card balance (Credit card 2)}} \\ \end{gathered} \right) \\ = {\text{ \$ 415 }} + {\text{\$ 215}} \\ = {\text{ \$ 630}} \\ \end{gathered}[/tex]
Calculate the total credit limit:
[tex]\begin{gathered} {\text{Total credit card limit }} = {\text{ Credit card limit (1) }} + {\text{ Credit card limit (2)}} \\ = {\text{ \$ 1,000 }} + {\text{ \$ 750}} \\ = {\text{ \$ 1,750}} \\ \end{gathered}[/tex]
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Money and Banking
Keywords: Credit card, balance, credit limit, second, credit card utilization, credit utilization, credit utilization rate, supposes, two credit cards, credit card balance, first, second.
Mario is thinking of opening a restaurant and wants a list of other restaurants in his targeted neighborhood. mario could easily find this data through ________.
Mario could easily have a list of other restaurants in his targeted neighborhood through interviews and surveys. Using this type of data collection will ensure him of qualitative data. In addition to the list of names, he will also know the profitability of opening a restaurant based on his interview.
Final answer:
Mario can use online search engines and directories to find a list of restaurants in his targeted neighborhood. Additionally, a Geographic Information System (GIS) can provide a more detailed analysis by integrating demographic and real estate data to identify optimal locations.
Explanation:
Mario can easily find a list of other restaurants in his targeted neighborhood through online search engines and directories. These platforms aggregate data from various sources including commercial mailing list databases and user contributions. By searching for restaurants in his targeted area, Mario will be presented with a comprehensive list that includes details such as location, type of cuisine, customer ratings, and other relevant information, which will be invaluable in conducting a market analysis and understanding the competition in the restaurant industry.
For a more in-depth analysis, Mario may also consider using a Geographic Information System (GIS) platform to integrate information such as neighborhood demographics, existing restaurants, zoning regulations, and available real estate. This information can be sourced from the census bureau, realtors, local zoning agencies, and other reputable online resources. A GIS can help to perform a suitability analysis to identify the best locations for a new restaurant by considering local geographic opportunities and constraints.
Select the most likely outcome of making only on-time minimum payments to a credit card with a balance for an entire year?
Which forecasting method uses the data from the same date in previous years to predict weather today?
Answer: The correct answer is : Climatology method
Explanation: This method is a simple and simple way to make a forecast. This method consists of averaging the accumulated climatic statistics over several years to be able to make the forecast. This method only works well when the weather pattern is similar to that expected for the time of the year that has been chosen.
Sheridan considers herself a religious person who attends worship services regularly, but she did not attend worship services for two weeks in a row. using the principle of aggregation, we can predict that
The answer is: averaged over time, Sheridan attends worship services regularly.
When we use principle of aggregation, we would not rely on single measurement to make a representation of a person's behavior. We rely more on multiple sets of measurements.
From the case above, Sheridan not attending the services for two weeks could be explained by things such as personal issues or physical illness. Since she considers herself as religious who attend regularly, it is very likely that averaged over time, Sheridan attends worship services regularly.
When economic conditions are bad, state tax revenues in texas:?
Which type of cable is required by ata/66 and above?
Facebook ads are considered to be the fastest growing type of advertising in the united states.
If matt has 50 acres of grazing land and each cow requires 2/3 of an acre, how many cattle can his land support?
To solve, you first need to find out how many acres each cow requires:
Take amount of acres each cow needs which is 2/3 and divide it by the total number of acres Matt has which is 50
2/3 = .66 then take .66 and divide it by 50 and you will get 75. 75 is the total amount of cows Matts land will hold.
Which of the following is an example of a problem with logistics?
A: Two business partners have opposing visions for how a company should grow.
B: A product that has been selling out is no longer as in demand.
C: An order arrives at the harbor too late to be boarded on ship
D: The customer is dissatisfied with the product delivered and wants a refund.
If you make 100 000 a year how much is that after taxes
When creating a request for proposal (rfp), the __________ section should contain everything you expect from potential vendors?
When an economy is experiencing higher real interest rates, business firms will most likely be discouraged from investing in:?
Nutrimax cookies inc. buys around three tons of raw materials every year. if the demand for its cookies increases next year, the company might need to buy more raw materials in order to meet the increased demand. this illustrates _____.
The scenario above illustrate the law of supply and demand of which explains that supply focuses more on the market of which will show how much it can provide to its consumers and the demand, where it focuses on the buyers of whether what service or even products they want to buy or desire.
What does the term "bonding" mean when it refers to employees?
a.they are allowed to handle cash.
b.they have worked for the company for at least 10 years.
c.they have been insured against misappropriation of assets.
d.it is impossible for them to steal from the company?
The number of employees a supervisor can efficiently and effectively direct is called:
Edward and first star company enter into an oral contract under which edward agrees to provide delivery service for first star for nine months. this contract is enforceable by
The contract is enforceable by either party as both parties have an oral contract and both agreed of the circumstances and their roles in which is why both or either of the two parties are allowed to enforce the contract.
20 points. Ill report random answers. Explain, brainliest
What is the following scenario an example of?
Tom often calls 911 from the drive-through lane of a fast food restaurant if his order comes out wrong.
A. public choice theory
B. utility theory
C. moral hazard
D. law of diminishing marginal utility
Tom's behavior of calling 911 for incorrect fast food orders is an example of moral hazard, as he does not bear the consequences of misusing emergency services.
The scenario provided is an example of moral hazard. Moral hazard occurs when a person engages in risky behavior or does not take adequate caution because they do not bear the full consequences of their actions. In the case of Tom calling 911 over a wrong fast food order, he is misusing emergency services because he does not face the direct costs or penalties for doing so, thereby putting strain on public resources and possibly endangering others by diverting emergency services.
In order for an embayment to qualify as an estuary, it must have both _____ and _____.
What year did att start offering tv and internet?
Stagflation is a combination of _________ unemployment and _________ inflation. select one:
Stagflation is characterized by high unemployment and high inflation, a condition that defies traditional Keynesian economics and was prominently observed in the 1970s and early 1980s in the U.S. The blend of an economic slump and rising prices is often triggered by supply shocks and shifts in inflation expectations.
Explanation:Stagflation is a combination of high unemployment and high inflation. This economic phenomenon was notably experienced during the deep recessions in the United States from 1973 to 1975 and from 1980 to 1982. Traditional Keynesian economics could not explain stagflation, as it challenges the typical inverse relationship between inflation and unemployment that is seen during economic cycles. Instead, stagflation occurs when the economy is not growing (hence 'stag' from stagnation) but prices are increasing at the same time. This situation can be caused by supply shocks, such as the oil crises of the 1970s, and changes in people's expectations about inflation.
During periods of stagflation, traditional policy approaches that either expand or contract federal spending face dilemmas as they tend to address only one side of the problem but could exacerbate the other. As a result, economists and policymakers may need to consider both fiscal and monetary policies to address the intertwined issues of stagnating growth and rising prices.
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The overall suicide rate in the united states is approximately _____ suicides out of every 100,000 people in a given year.
Your latest shipment of chicken has some items with usda stickers and some items with usda grade stamps. what is the difference in these items?
USDA really has a few stickers/names/stamps that could have various implications. Nonetheless, the sticker in all likelihood demonstrates that the chicken has gone for review while the evaluating stamp implies that the poultry processor likewise mentioned to have the nature of the chicken assessed and reviewed.
Further Explanation:
USDA sticker mean:
American customers can be sure that the Food Safety and Inspection Service (FSIS), the general wellbeing office in the USDA, guarantees that meat and poultry items are protected, healthy, and effectively marked and bundled. The Agency screens meat and poultry items after they leave governmentally reviewed plants.
USDA examined mean:
All meat for open utilization in the U.S. must be examined by the US Department of Agriculture (USDA). At the point when hamburger passes examination, it is stepped or marked with the USDA investigation stamp, and that implies it is fit to eat. The USDA's review is win or bust.
USDA grade stamps mean:
USDA evaluations depend on broadly uniform Federal norms of value. Regardless of where or when a buyer buys evaluated meat or poultry, it more likely than not met a similar evaluation criteria. The evaluation is stepped on the cadaver or side of meat and is typically not unmistakable on retail cuts.
USDA inspection stamp mean:
All meat for open utilization in the U.S. must be reviewed by the US Department of Agriculture (USDA). At the point when meat passes investigation, it is stepped or named with the USDA examination stamp, and that implies it is fit to eat. The USDA's review is win or bust.
Subject: business
Level: High School
Keywords: USDA sticker mean, USDA examined mean, USDA grade stamps mean, USDA inspection stamp mean.
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USDA stickers on chicken indicate safety and wholesomeness after inspection, whereas USDA grade stamps provide a quality grading. All items with USDA stickers are safe for consumption, but those with grade stamps have undergone additional quality evaluation, such as Grade A for high quality.
Explanation:The USDA stickers and USDA grade stamps on chicken indicate different levels of information and quality assessment. A USDA sticker signifies that the chicken has been inspected for wholesomeness and safety by the United States Department of Agriculture. This sticker shows that the chicken product has passed inspection and is safe for consumption. On the other hand, a USDA grade stamp refers to the quality grading of the chicken. The USDA assigns grades such as A, B, or C based upon factors like muscle firmness, the amount of fat, and the absence of defects. Grade A is the highest quality, typically found in the retail market, whereas Grade B and C are often used for processed foods.
So, when a shipment contains items with both USDA stickers and USDA grade stamps, it means all items have been inspected for safety, but only some have been graded for quality levels. Therefore, the items with the grade stamps have gone through an additional process of quality grading.
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Charles loves watching downton abbey on his local public tv station, but he never sends any money to support the station during its fundraising drives.economists would call charles afree rider .true or false: the government can solve the problem caused by people like charles by taxing people who watch the show.truefalsetrue or false: the private market can solve this problem by broadcasting downton abbey on cable tv, since then the good would be excludable and thus no longer a public good.
The government cannot solve the problem caused by free riders by taxing viewers, and broadcasting Downton Abbey on cable TV would not solve the problem either.
Explanation:The correct answer is false for both statements.
The government cannot solve the problem caused by people like Charles by taxing people who watch the show. While taxing viewers may generate some revenue, it will not address the issue of free riding. Free riding occurs when individuals benefit from a public good without contributing to its provision. In this case, Charles is enjoying the show without donating to the public TV station's fundraising drives.
The private market broadcasting Downton Abbey on cable TV would not solve the problem either. Even if the show is broadcasted on cable TV, it would still be non-excludable and non-rivalrous. This means that individuals can still enjoy the show without paying, leading to the free rider problem. Broadcasting on cable TV does not change the public nature of the good.
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William uses his bank credit card frequently; however, he always pays off the total balance on the card each month. what features should william especially look for in a credit card?
Cartoon caricatures of politicians that exaggerate certain characteristics can be persuasive due to their:
The reason that cartoon caricatures of politicians in which exaggerates certain characteristics are persuasive mainly because of its iconicity. Iconicity is being referred or used in means of having two aspects that share a resemblance or similarity to each other as a way that it has a resemblance in order to produce the meaning to a different manner or way.
How much is ten customs gold units worth?
Why might troy not be able to take advantage of the promotion he was offered?