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Angelina_Jolie [31]
3 years ago
6

Definition of average daily balance

Business
1 answer:
IgorLugansk [536]3 years ago
4 0
The credit card interest charges are calculated with the total amount due on a card  at the end of the day.
You might be interested in
Keynesian economics:__________
marusya05 [52]

Answer:

The correct answer is the option E: focuses on spending, or aggregate demand, as the fundamental factor in the economy.

Explanation:

To begin with, in the economics field the Keynesian theory was developed by John Keynes after the Great Depression in 1929 due to the fact that by then the economics area was conducted by neoliberal economists and it lead to the situation in which they found themself then so Keynes proposed the intervention of the government as more important for the economy and focusing primarily in the spending of this one with the purpose of creating more jobs and therefore the people will increase the demand because they would have money now.

8 0
3 years ago
The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calcu
Allushta [10]

Answer:

$53

Explanation:

Tolar Corporation

Price per calculator × 400 calculators > $10,000 + $11,200

Price per calculator × 400 calculators > $

$21,200

Price per calculator = $21,200 ÷ 400 calculators

= $53 per calculator

8 0
4 years ago
A city's Enterprise Fund issued revenue bonds with a face value of $10,000,000. The bonds were issued with a 2% premium and the
Mrac [35]

Answer:

The correct answer is $9,850,000

Explanation:

The Enterprise fund which will be reported, total other financing sources of the amount is computed as:

= Face Value - Cost of issuance

where

Face Value is $10,000,000

Cost of issuance is $150,000

Putting the values above:

= $10,000,000 - $150,000

= $9,850,000

Note: Premium will not be considered as it is asked for when the bonds are issued.

5 0
4 years ago
_____ is the element in the promotional mix of a marketing plan that evaluates the public’s attitudes, identifies issues that ma
kotykmax [81]

Answer: Public Relations

Explanation: The elements of a promotional marketing mix are the resources an organisation engages in its marketing promotion. They are:

Advertising, public relations, sales promotion, direct marketing and personal selling.

The above listed elements have there unique effect on the sales if an organisation.

Advertising is used to create an awareness of the product to the consumer using all forms of advertising such as radio jingle television advert, billboards etc.

Public relations is used to find out the effect of the products in the market and also to get feedbacks from consumer which will enable mgt to plan on ways to correct any issue observed.

Sales promotions are ways of giving to the consumers fee products as rewards for loyalty

Direct marketing is the use of marketing officers that will speak to consumers personally and try convincing them to try the products

Personal selling is the act of selling the products one on one to customers

3 0
4 years ago
In an integrated cash receipts system, the cash receipts clerk reconciles the checks and the remittance advices and prepares dep
Tju [1.3M]

Answer:

Please see the explanation of the process

Explanation:

In the integrated cash receipt system in which customers makes the payments on account of the physical check that are mailed to the company.

The mail room clerk open the envelops containing the checks and remittance advices and endorse the checks for deposit only.Then the clerk reconcile the checks and remittances advices and prepare the remittance list. The checks, remittance advices and a copy of remittance list sent to the cash receipt department .

The cash receipt clerk reconciles the checks and remittances advice with remittance list and prepares the deposit slips. Via terminal, the clerk accesses the cash receipt system and creates a record in the remittance file (cash receipt journal) for each remittance advice received. The clerk files the remittance list, remittance advices and one copy of the deposit slips. At the end of the day,a member of the security group deposits the checks in the bank .

8 0
3 years ago
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