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3 years ago

What is the apr on a loan that charges interest at the rate of 1.4% per month?

1 answer:

5 0

The APR stands for the Annual Percentage Rate. To find the APR (12 months) on a loan that charges interest at the rate of 1.4% per month you will need to multiply the monthly rate of 1.4 by 12 months. 1.4 x 12 months = 16.8% APR

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If Mike asked customers to complete a customer feedback survey after using his car detail service, he probably increased the lev

RideAnS [48]

Answer: b.) post-purchase evaluation

Explanation:

Post-purchase evaluation as the term implies, is done after the product is purchased and checks how well the product does what it is meant to do.

When Mike asks customers to complete a feedback survey, they will indicate on the survey what they thought of his service such that he would know whether he fulfilled his purpose for the service. This therefore includes the customers in the post-purchase evaluation.

3 0

2 years ago

Why are savings tools ideal for storing emergency savings? identify at least two reasons. (2 points?

Vinvika [58]

It’s secure and liquid. Hopes this helps!!!!!

4 0

2 years ago

Silver Co. has a $330 petty cash fund. At the end of the first month the accumulated receipts represent $56 for delivery expense

xxTIMURxx [149]

Answer and Explanation:

The journal entry is shown below:

Delivery expenses Dr $56

Merchandise inventory Dr $179

Miscellaneous expenses $25

To Cash $260

(Being the reimbursement of the account is recorded)

For recording this we debited all expenses and credited the cash as it increased the expenses and decreased the assets

3 0

2 years ago

Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.

lapo4ka [179]

Answer:

A.Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

B.Small glove 8.52

Medium glove 10.65

Large glove 12.78

Explanation:

a) Calculation to Determine the two production department factory overhead rates.

Pattern Department = 165,200/2,900

= 56.9 Approximately 57 per DLH

Cut and Sew Department = 273,000/3,500

= 78 per DLH

Therefore two production department factory overhead rates will be :

Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

b) Calculation of the factory overhead cost per unit

Small glove (57*.04+78*.08)=8.52

Medium glove (57*.05+78*.10)=10.65

Large glove (57*.06+78*.12)=12.78

Therefore the factory overhead per unit for each product will be: Small glove 8.52

Medium glove 10.65

Large glove 12.78

7 0

2 years ago

If the economy is in a recession, according to Keynesian economists, which fiscal policy is likely help this economic issue?

VashaNatasha [74]

Answer:

expansionary fiscal policy.

Explanation:

expansionary fiscal policy is most appropriate when an economy is in recession and producing below its potential GDP.

5 0

2 years ago