Answer:
To increase profit from interests by increasing duration of balance repayment.
Explanation:
The purpose of every business is to make profits and the reason why every credit card company includes a minimum payment is not just to make it easier to pay but by only making minimum payments, credit card holders could be kept as customers and paying interests on debt for longer.
Secondly, the more the periods the more likely you'll default on some of them and pay penalty fees which means additional income for the companies
Answer:
Saving plan
Explanation:
The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future
Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month
Therefore the same represent the saving plan
Answer:
Job rotation
Explanation:
Job rotation means moving employees from one job to another so that they are trained to do multiple roles. This way, the tasks of each job stay the same and employees learn these basic tasks for each job they try. An example is a grocery store where the greeter is cross-trained to be a cashier, to collect carts from the parking lot, and to unload boxes onto the shelves.
Answer:
$12.45
Explanation:
Calculation to determine what the contribution margin per unit sold is closest to:
First step is to calculate the Variable cost per unit using this formula
Variable cost per unit = Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Sales commissions per unit + Variable administrative expense per unit
Let plug in the formula
Variable cost per unit = $5.15 + $5.30 + $1.95 + $0.60 + $0.55
Variable cost per unit = $13.55
Now let determine the Contribution margin per unit using this formula
Contribution margin per unit = Selling price per unit - Variable cost per unit
Let plug in the formula
Contribution margin per unit = $26.00 - $13.55
Contribution margin per unit = $12.45
Therefore the contribution margin per unit sold is closest to:$12.45
Answer:
<em>Sorry, I could not type the answer here directly because it doesn't allow me.</em>
It should be "spam" followed by "at"<em> (the symbol sign) </em>and "uce" plus "." and "gov"
There should be no spaces.
Explanation:
A "spam" refers to<em> an email that you do not want in your inbox</em>. They are mostly intended for commercial purposes–including some emails that are deceptive. There are actually many ways to reduce the amount of spam reaching your email. For example, you could use an <em>email filter </em>or choose a <em>unique email address. </em>
Kenny above wants to report the spam he is receiving, thus, he needs to forward it to the Federal Trade Commission <em>(FTC). </em>They are responsible for helping Kenny clear his inbox from spams.