D. Both A and B
If you have good credit you will be able to qualify for cards with low APRs and if you have bad credit you will be charged higher rates
Answer:
$14,800
Explanation:
We will get the Net Income by preparing Trial-account of Retained earnings.
Retained earnings
Cash dividend $7,500 Beginning balance $50,000
Stock dividend $5,000 Net Income $14,800 (Balance figure)
Ending balance <u>$52,300</u> <u> </u>
Total <u>$64,800</u> <u>$64,800</u>
Answer:
anchoring
Explanation:
The anchoring bias refers to the psychological tendency to favor the first data given to us or the first information that we know.
This applies to situations where you are the supplier of labor or the seller of goods. When you suggest an initial salary, your recruiter or future employer will use the amount you tell him/her as the reference. In this case, since the number is just in between $50,000 and $60,000, the employer will consider that salary range. Instead, if you just change the salary by a small bit, to $55,500, the employer will consider a higher range. Generally employers will try to negotiate down to feel that they made a good deal.
The anchoring bias is usually a very successful sales technique because consumers tend to fix a normal price and compare it to a sales or discount price and believe that the discount is significant.
Answer:
Standard markup pricing
Explanation:
The reason is that under standard markup pricing the cost of the product is deemed 100% and markup is calculated by multiplying the percentage markup with the total unit cost which is 100%.
For your understanding of standard markup pricing:
Selling price = Cost + Profit
160% = 100% + 60%
By putting values:
Selling price 160% = $30 is 100% Cost + 60% of 100% cost is profit markup
Selling price 160% = $30 + $30 * 60% = $48
