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Ad libitum [116K]

3 years ago

11

Mabel just got a new credit card that offers both an introductory APR and a standard APR. If the standard APR is 15.5%, which of

the following rates would most likely be the introductory APR?

2 answers:

olasank [31]3 years ago

5 0

Answer: Apex 5.5%

Explanation:

Dima020 [189]3 years ago

3 0

Answer:5.5%

Explanation:

APEX

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The estimated unit costs for a company to produce and sell a product at a level of 15,000 units per month are as follows:Cost It

Lesechka [4]

Answer:

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

Explanation:

Variable cost are those which changes with the activity level. These costs are help in making decision because if we talk about fixed costs, fixed costs do not help in making decisions as they are sunk costs. Management uses variable costs for making the decisions.

Estimated variable costs per unit= Direct material+Direct labor+Variable manufacturing overhead+Variable selling expenses

Estimated variable costs per unit=$38+$23+$21+$4

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

7 0

3 years ago

10 million years ago the distance between what is today new york city, and london, england was:________

AnnyKZ [126]

10 million years ago the distance between what is today New York City, and London, England was closer than today.

<h3>What do the movement of tectonic plates cause?</h3>

There are several effects of tectonic plates constantly being in motion and one of them is that continents are moving further away from each other.

Places that were closer to each other millions of years ago are no longer close to each other. One example is New York City which would have been closer to London if this were 10 million years ago.

Options for this question include:

closer than today
further than today
same distance as today

Find out more on the movement of continents at brainly.com/question/12864737

#SPJ1

7 0

1 year ago

Seeking positions of power and responsibility, chandra has rapidly moved up the ranks within her organization. colleagues descri

nordsb [41]

The answer is<u> "type A".</u>

Individuals who are delegated having Type A personality have characteristics like: they have a feeling of time earnestness, think that its hard to unwind, and regularly turned out to be eager and irate when they get deferred (or in the event that they will be late) or are around other individuals whom they see as awkward. The Type A is a common typical individual working at his most extreme conceivable speed. Type A's typically need to accomplish a major objective however they feel that time is exceptionally restricted.

6 0

3 years ago

Joann wants to save for her daughter's education. Tuition costs $10,000 per year in today's dollars. Her daughter was born today

Anettt [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Joann wants to save for her daughter's education. Tuition costs $10,000 per year in today's dollars. Her daughter was born today and will go to school starting at age 18. She will go to school for 4 years. She can earn 11% on her investments and tuition inflation is 6%.

First, we must find the cost of the tuition for 18 years and so on from now.

FV= PV*(1+i)^n

FV= 10,000*(1.06)^18= 28,543.39

Year 2= 28,543.39*1.06= 30,256

Year 3= 30,256*1.06= 32,071.36

Year 4= 32,071.36= 33,995.64

Total= 124,866.39

Now, we can calculate the annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (124,966.39*0.11)/[(1.11^18)-1]= $2,479.69

3 0

3 years ago

Joe Dumars Company has outstanding 40,000 shares of $5 par common stock which had been issued at $30 per share. Joe Dumars then

satela [25.4K]

Answer:

<u>Transaction 1</u>

Assets - Decrease by $225,000

Cash expended to acquire shares = 5,000 * 45 = $225,000

Liabilities - No effect

Stockholders' equity - Decrease by $225,000

Increase in Treasury shares leads to decrease in the amount stockholders hold.

Paid In Capital - No effect

Retained Earnings - No Effect

Net Income - No Effect

<u>Transaction 2</u>

Assets - Increase by $98,000

Cash increased because of sale of stock = 2,000 * 49 = $98,000

Liabilities - No effect

Stockholders' equity - Increase by $90,000

= 2,000 * 45 = $90,000

Cost method means that when debiting from Treasury account, use original cost.

Paid In Capital - Increase by $8,000

If stock is sold for amount different from what it was bought, it goes into this account. If it is larger than it was bought for then this account increases and vice versa.

Retained Earnings - No Effect

Net Income - No Effect

<u>Transaction 3</u>

Assets - Increase by $20,000

Cash from sale of stock = 500 * 40 = $20,000

Liabilities - No effect

Stockholders' equity - Increase by $22,500

= 500 * 45 = $22,500

Paid In Capital - Decrease by $2,500

If stock is sold for amount different from what it was bought, it goes into this account. If it is smaller than it was bought for then this account decreases and vice versa.

Retained Earnings - No Effect

Net Income - No Effect

4 0

3 years ago