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Sedbober [7]
3 years ago
12

Determine the finance charge using the previous balance method. The account balance on April 1st is $50.51. On April 15th, a pay

ment of $15.00 is made. On April 25th, a purchase of $19.27 is made. What is the finance charge if the annual rate is 18%?
Business
1 answer:
Sedbober [7]3 years ago
5 0

Answer:

$0.7577

Explanation:

The computation of the finance charge is shown below:

Finance charge =  The account balance × monthly rate

where,

The account balance = $50.51

Monthly rate = 18% ÷ 12 months = 0.015

So, the finance charge is

= $50.51 × 0.015

= $0.7577

We simply multiplied the account balance with the monthly rate so that the finance charge could come

All other information is not relevant. Hence, ignored it

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Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

Explanation:

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4 0
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Which of the following is a communication tool that can be used to strengthen a salesperson's presentation? A. testimonial B. th
adoni [48]

Answer:

E) all of the above

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  • C. portfolio
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Explanation:

Testimonials are statements that support your credibility, reputation or level of expertise.

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You should keep updated your sales portfolio specially with any new deal or promotion offered by the company or different discount prices.

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MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and
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Answer and Explanation:

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= ($240,000) ÷ ($1,000,000)

= 0.24

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= $300,000 ÷ 0.24

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We simply applied the above formula so that the correct value could come

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3 0
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Which of the following should you NOT wear to an interview?
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Answer: I think Anything tight, bright, short, or sheer should absolutely be avoided.

Explanation:

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2 years ago
Because of vast differences between different regions, multinational corporations often use ______ departmentalization.
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Answer:

<u>geographic </u>departmentalization.

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It is correct to say that multinational corporations tend to use geographic departmentalization due to the large differences between different regions.

The geographic departmentalization corresponds to a strategy where a company uses a form of structure oriented to a region, that is, it allows the operationalization to be more effective in a region that has greater demand or needs a physical office to better and faster service its customers.

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