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White raven [17]
3 years ago
12

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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Purshed discounts based on total purches over a period of time are what discounts
Dafna1 [17]

Answer:

Purchase discounts is a contra revenue account. Revenue accounts carry a natural credit balance; purchase discounts has a debit balance as a contra account. On the income statement, purchase discounts goes just below the sales revenue account.

8 0
3 years ago
ABC Company issues a 3-year bond with a $1,000 Face Value and a 5% Coupon Rate, with coupons paid once a year at the end of ever
AlekseyPX

Answer:

yield to maturity = 9.78%

Explanation:

yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]

YTM =  {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%

The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.

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3 years ago
Late on summer clothing store managers realize they have many more bathing suits in stock than they can normally expect to sell
nata0808 [166]
They would opt to have a sale of bathing suits. They would offer discount from the original price of the bathing suit. In this way, the suits will be bought because its cheaper than before. 

The store manager should make sure that the discounted price is still higher than the cost of the bathing suits so that they will still generate profit even at a lower value than initially expected.
6 0
3 years ago
A well-written job description should:
Yakvenalex [24]
C. clearly outline the job's responsibilities.
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3 years ago
Organizational effectiveness is a _________, meaning that it is created and defined by an individual or group rather than existi
vova2212 [387]

Answer: Social construct

Explanation:

The organizational effectiveness is the social construct that it is basically defined by the individual and groups instead of existing in external world independently.  

Social construct basically influence the organization for their actual rights and actions. Basically, it is the idea which are accepted and created by the society people.

In the social construct all the people unite together rather than exist independently. It basically assign notion and meaning that are assign to each object in the environment.

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3 years ago
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