Assume you have three credit cards, each having a balance due of $500 for a total of $1,500. Each card has a different interest rate ranging from 12% to 20%. The minimum payment on each card is $10. If the minimum payment is not made, there is a $50 penalty. If you only have $500 to pay on your credit cards this month, the best way to minimize your interest cost is to pay an equal amount of money on each card.
True or False

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.