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3 years ago

What is the purpose of the truth in lending act?

Business

2 answers:

Natali5045456 [20]3 years ago

8 0

B) to keep consumers informed of credit agreements

Softa [21]3 years ago

7 0

b is the answer for you

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By identifying and investing early in a potential future economic star, international firms can ________ and gain experience in

beks73 [17]

Answer:

build brand loyalty

Explanation:

The companies could develop the brand loyalty via a deep understanding of the customer priorities and their buying behavior also it aligned what they stand. Here the effective brand would create the strong and creative identity that can the customer can related also this identity would remain the same over the time period

Therefore as per the given situation, it is a build brand loyalty

7 0

3 years ago

g Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year t

FrozenT [24]

Answer:

$2,200,000

Explanation:

The movements in the inventory account is as a result of purchases, sales and writeoffs if any. These are the events that bring about a change between the opening and closing balances.

Given;

cost of goods sold = $2,000,000

Increase in inventory = $200,000 (This is same as closing balance minus opening balance)

Ending balance = $400,000

Thus, opening balance = $400,000 - $200,000

= $200,000

Let the cost of merchandise that Dave's purchased during the year be N

$200,000 + N - $2,000,000 = $400,000

N = $400,000 + $2,000,000 - $200,000

N = $2,200,000

The cost of merchandise that Dave's purchased during the year is $2,200,000

6 0

3 years ago

A partnership is a form of corporation. True or False?

Oksanka [162]

No, the answer is False

6 0

3 years ago

The following information for the past year for the Blaine Corporation has been provided:Fixed costs:Manufacturing$ 125, 000$125

natima [27]

Answer:

D. 76.6 %

Explanation:

Contribution Margin Ratio = Contribution / Sales × 100

First Calculate the Contribution

Contribution = Sales - Variable Costs

= (60,000 units × $ 12.40) - ($110,000+$30,000+$34,000)

= $744,000 - $174,000

= $570,000

Then Calculate Contribution Margin Ratio

Contribution Margin Ratio = $570,000 / $744,000 × 100

= 76.61290

= 76.6 % ( 1 decimal)

5 0

3 years ago

Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.

attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

Solution:

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

$\Rightarrow\frac{627000}{3}= \$207,000$

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0

3 years ago