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3 years ago

Credit-card costs in business are ultimately passed on to the customer. True or false

Business

1 answer:

Pani-rosa [81]3 years ago

6 0

<h2>True. Credit-card costs in business are ultimately passed on to the customer</h2>

Explanation:

Nowadays, the cashless payment is becoming popular. People do not carry heavy cashes in purse, hence they either do online transaction or pay by credit or debit cards.

The Merchant who have the provision to pay by card mode, has to install the hardware and software pertaining to card payment. So the merchant has to pay specific amount for transactions done through card and for the hardware and software installed.

The merchant is allowed to charge the customer to certain extent for each swipe or each transaction.

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What was the opening price of Dow Jones Industrial Average on May 25, 2017 in the format of XXXXX.XX?

Karo-lina-s [1.5K]

Answer:

21,062.96

Explanation:

As per online sources the price was $21,062.96.

see attached extract of source

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3 years ago

Preparing journal entries-outputs Hartley Company has a production process that involves three processes. Units move through the

Blababa [14]

Answer:

(It is assume that completed unit have been transferred to next department)

The jounal entries for each transaction is given below.

Cost of units completed in the Cutting Department, $17,000

Debit WIP stamping Dept $ 17,000

Credit WIP cutting Dept $ 17,000

Cost of units completed in the Stamping Department, $30,000

Debit WIP polishing Dept $ 30,000

Credit WIP stamping Dept $ 30,000

Cost of units completed in the Polishing Department, $35,000

Debit Finished good $ 35,000

Credit WIP polishing Dept $ 35,000

Sales on account, $50,000

Debit GOGS $ 40,000

Credit Finished good $ 40,000

Debit Receivable Account $ 50,000

Credit Sales $ 50,000

6 0

3 years ago

Read 2 more answers

Henry bakes loaves of bread, which he sells for $4 each. He is considering purchasing additional mixers (capital) for his bakery

babunello [35]

Answer: The complete table is as follows:

Explanation:

The following are the formulas for calculating marginal product , total revenue and marginal revenue product:

Marginal product = $\frac{Change\ in\ Total\ Product}{Change\ in\ Capital}$

Total revenue = Price × Quantity

Marginal revenue Product = Marginal product × Price

By using these formulas, I have completed the following table:

6 0

4 years ago

Queen Products Company are presented below. All balance sheet data are as of December 31.

jonny [76]

Answer:

1. Asset turnover times. =1.31 times

2. Return on assets. = 7.9%

3. Return on common stockholders’ equity =10.5%

Explanation:

Asset turnover

Asset turnover indicates how efficient a business in the use of asset to generate sales. The higher the number of times the better.

Asst turnover = Turnover /Total asset

= 757,500/577,100

=1.31 times

Return on Asset

Return on asset is measure of the percentage of asset earned as income. The higher the better

Return on assets = Net income/Assets

= 45,500/577,100× 100

= 7.9%

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<em>Return on Equity</em>

This measures the proportion of equity investment earned as net income. The higher the better

Return on Equity = Net income/Equity

Return on commons stockholders

= 45,500/433,400 × 100

=10.5%

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3 years ago

What are two types of posture that place a person at risk for injuries from poor ergonomic practices?

baherus [9]

One posture that places a person at risk for injuries from poor ergonomic practices is slumping, not sitting properly and placement of keyboard, mouse and not maintaining the recommended distance from screen.

6 0

4 years ago