<h2><em><u>Answer</u></em><em><u> </u></em><em><u>:</u></em></h2>
• A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt.
• When used responsibly, credit cards allow you to earn cash or other rewards for the things you buy every day. Plus, they can be valuable budgeting tools that let you easily see where your money goes each month and make any necessary adjustments. That's why some people use their credit cards for all transactions.
• In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party
• Credit card interest is what you are charged according to the terms of your cardmember agreement. It works as a daily rate calculated by dividing your annual percentage rate by 365, and then multiplying your current balance by the daily rate. That amount is then added to your bill.
I'm sorry that's all i know,i hope it helps ^_^
Answer:
$6.2 per uni
Explanation:
The selling price is $7.
break-even sales in dollars is $28,000,
Variable expense per unit will be?
using the contribution margin method:
break-even point = fixed cost/ contribution margin per unit
In this case.
$28,000 = 22,400/contribution margin per unit
contribution margin per unit = 22400/28000
contribution margin per unit = $0.8
contribution margin = sales price -variable expenses
therefore,
$0.8= 7- variable expenses
variable expense = $7- $0.8
variable expense is $6.2 per unit
Answer:
$341,000
Explanation:
The computation of the total amount of dividend paid to the shareholders is shown below:
In case when there is cumulative preferred stock, so the previous year preference dividend should be added to the current year
Preferred dividend is
= 16,000 shares × 7% × $100 par
= $112,000
Now the total preferred dividend is
= $112,000 × 2 years
= $224,000
And, the common shares dividend is
= 60,000 shares × $1.95
= $117,000
So,
Total dividends payable is
= $224,000 + $117,000
= $341,000
I’m not sure but a calculator will help you. Actually you should look up websites that does your homework for u. It’s the best cheat sheet!
Answer:
D) have customers who operate in many different parts of the country.
Explanation:
A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.