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4 years ago

. If you have received credit card offers in the

Business

1 answer:

Free_Kalibri [48]4 years ago

7 0

Answer:

No, they are worse than the rates offered in the branch of the bank.

Explanation:

I compared cards offered in Bank of America and in the advertising that was sent to my mail of this bank. (see image attached) In both cases the rates are equal and the incentives as well. However, when I went to Bank of America, they were more credit cards available and I could choose the one that better fit for me needs.

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It costs $34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel (85% ethanol a

victus00 [196]

Answer:

The investor will pay up the rereofitted pumps in a period of 22.52 months.

Explanation:

<em><u>First,</u></em> we solve for the amount of profit generate per month:

21,000 gallons a month x $0.09 per gallon = $1,890

Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $1,890.00

time n

rate 0.02

PV $34,000.0000

$1890 \times \frac{1-(1+0.02)^{-n} }{0.02} = 34000\\$

$(1+0.02)^{-n}= 1-\frac{34000\times0.02}{1890}$

$(1+0.02)^{-n}= 0.64021164$

We use logarithmics properties to solve for n:

$-n= \frac{log0.64021164021164}{log(1+0.02)$

-22.52006579

n = 22.5200 = 22 and a half month.

7 0

3 years ago

Wilturner Company incurs $82,000 of labor related directly to the product in the Assembly Department, $31,000 of labor related t

tensa zangetsu [6.8K]

Answer:

Debit Work in Process Inventory $113,000;

Debit Factory Overhead $18,000.

Explanation:

$82,000 of direct labor related is associated with assembly department.

and $31,000 of labor not directly related to the product but related to the Assembly Department as a whole . Therefore its a indirect cost means overhead

$18,000 of labor services this cost is not associated with the product, but indirectly incurred in making material to the final product. hence this cost is also part of indirect cost.

7 0

3 years ago

On January 1, 2019 Miller Corporation had retained earnings of $8,000,000. During 2019, Miller reported net income of $1,500,000

Stels [109]

Answer:

$9,000,000

Explanation:

As we know, in preparing accounts, the following steps are considered:

From all the revenues earned, all the expenses are deducted, and then we get net revenues.

From such net revenues all the taxes are provided.

Then all the appropriation in the form of dividend is provided.

Firstly to preference and then to equity.

After that all the remaining earnings are added to retained earnings.

In the given instance,

Net Income - Dividend = $1,500,000 - $500,000 = $1,000,000

Now this will be added to opening retained earnings.

Therefore, retained earnings balance at year end = $8,000,000 + $1,000,000

= $9,000,000

4 0

3 years ago

3.2.1 Give TWO examples of an advocacy campaign

Studentka2010 [4]

Answer:

Make-A-Wish foundation

Earth hours

Explanation:

make a wish donates money and necessities

earth hours supports australian environment protection

8 0

3 years ago

When the productivity of the workers in a Firm increases what would happen to the demand for labour in that firm if the quantity

jarptica [38.1K]

Answer:

The demand for labour would decrease because it will be costly for the business keeping the workers.

Explanation:

If the quantity demanded for the product does not change while workers productivity increase this will make the quantity demanded for labour decrease because its costly to keep workers if the consumers demand does not change this means that the business is not making any profit.

5 0

4 years ago