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3 years ago

The annual percentage rate on a credit card determines _______.

Business

2 answers:

Darina [25.2K]3 years ago

8 0

The amount of interest you are charged on credit card purchases

aliina [53]3 years ago

6 0

It determines the finance charges you pay on your account.

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Net income under absorption costing is gross profit less Select one: a. cost of goods sold. b. fixed manufacturing overhead and

lukranit [14]

Answer:

d. variable selling and administrative expenses and fixed selling and administrative expenses.

Explanation:

We know that,

The net income under absorption costing would be

= Sales - costs of goods sold - selling and administrative expenses

= Net income

The sales minus costs of goods sold equals to gross profit and Gross profit minus selling and administrative expenses equals to net income

The costs of goods sold = Opening inventory + manufacturing cost - ending inventory

Manufacturing inventory = Direct material + direct labor + fixed manufacturing overhead + variable manufacturing overhead

5 0

3 years ago

Public relations has more power to influence consumers than other forms of corporate communication because

Katyanochek1 [597]

Public relations has more power to influence consumers than other forms of corporate communication because the message is usually sent through the media which is usually perceived as trustworthy.

<h3>What is public relations?
</h3>

This is referred to as the act of sending messages from a person or a corporation to the public at large.

The goal is to be able to change or influence the perception of the public on certain issues.

Read more on public relations here:

brainly.com/question/943156

#SPJ1

3 0

2 years ago

after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin hel

svetlana [45]

Answer:

Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.

Explanation:

4 0

2 years ago

EB5.

lord [1]

Answer:

Material used 2,500

Direct labour 5,000

Overhead applied 200

Cost of goods sold 7,700

Explanation:

The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.

7 0

3 years ago

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first mon

lana66690 [7]

Answer:

National Park /Tours Co.

National Park Tours Co.

Unadjusted Trial Balance

May 31, 2019

Account Titles Debit Credit

Cash $10,700

Equipment 25,000

Drawing 3,500

Accounts receivable 3,500

Accounts payable $ 1,750

Fees Earned 13,900

Supplies 2,450

Capital 34,700

Operating expenses 5,200

Totals $50,350 $50,350

Explanation:

a) Data and Calculations:

T-accounts

Cash

Account Titles Debit Credit

Beth Worley, Capital (1) 34,700

Supplies (2) 2,450

Equipment (3) 4,500

Operating expense (4) 3,800

Accounts payable (5) 18,750

Accounts receivable (6) 10,400

Operating expense (8) 1,400

Drawings (9) 3,500

Balance 10,700

Totals $45,100 $45,100

Equipment

Account Titles Debit Credit

Cash (3) 4,500

Accounts payable (3) 20,500

Balance 25, 000

Totals $25,000 $25,000

Beth Worley, Drawing

Account Titles Debit Credit

Cash (9) 3,500

Accounts Receivable

Account Titles Debit Credit

Fees Earned (7) 13,900

Cash (6) 10,400

Balance 3,500

Totals $13,900 $13,900

Accounts Payable

Account Titles Debit Credit

Equipment (3) 20,500

Cash (5) 18,750

Balance 1,750

Totals $20,500 $20,500

Fees Earned

Account Titles Debit Credit

Accounts receivable (7) 13,900

Supplies

Account Titles Debit Credit

Cash (2) $2,450

Beth Worley, Capital

Account Titles Debit Credit

Cash (1) 34,700

Operating Expenses

Account Titles Debit Credit

Cash (4) 3,800

Cash (8) 1,400

Balance 5,200

Totals $5,200 $5,200

3 0

2 years ago