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Viefleur [7K]
3 years ago
12

If the payment is not made on the credit card by the end of the grace period, which of the following will occur?

Business
1 answer:
Phoenix [80]3 years ago
3 0

C. Interest will be charged - Apex

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Why does the federal reserve choose to increase the money supply?
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To control the supply of money to help stabilize the economy

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An increase in the supply of money works both through lowering interest rates, which spurs investment, and through putting more money in the hands of consumers, making them feel wealthier, and this stimulates spending.

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Figure: Coffee and Ice Cream I) Kemala spends her income on ice cream and coffee, and coffee sells for $1 a cup. If ice cream se
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4 0
2 years ago
Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufactures sophisticated spy camer
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Answer:PRODUCT COSTS include; (1) Soap and paper towels used by factory workers in a shift(2) Heat, water and power consumed in the factory(3) Materials used for boxing products for shipments overseas (4) Workers compensation insurance for factory employees (5) cost of packaging the company's products(6) Rent on equipment used in the factory (7) Lubricants used for machine maintenance (8) Factory supervisors salaries.

While PERIOD COSTS include (1) Depreciation on sales persons cars (2) Salaries of personnel who work in the finished goods warehouse (3) Advertising costs (4) depreciation on chairs and tables in the factory lunch room (5) Wages of the receptionist in the administrative offices (6) Cost of leasing the corporate jet used by the company's executives (7) Cost of renting rooms at Florida Resort for the annual sales conference.

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Product costs are those direct costs incurred in the production of a commodity for example, direct labour, direct materials etc while Period costs is any cost associated with passage of time. It is incurred whether production is in process or not.

6 0
3 years ago
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New goods or Services or Improvement in offering goods or services.

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