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3 years ago

What is the most important factor to consider when selecting a credit card if you pay the balance every month on time

Business

2 answers:

zysi [14]3 years ago

8 0

Answer:

Annual fee ( B )

Explanation:

The most important factor to consider when selecting a credit card if you pay your balance on time which means that you have a god credit score and you should be conscious of the Annual fees charged by the issuing bank

The APR ( annual percentage rate ): this is the annual rate charged or earned for either borrowing or investing it is applicable on loans and credit card. since you have a good credit record i.e you pay your monthly balance on time you shouldn't be bothered about that

Annual fees are charged automatically because of the benefits that comes with the use of credit card and this is regardless of your credit score

Late fees are charged for late payment made on credit card

Over-the-limit fee are fees charged once a cardholder makes purchases over the balance of their credit card

guapka [62]3 years ago

4 0

The answer is B.
hope it helps

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Agata [3.3K]

Answer:

Business plan necessary because:

•It make you aware of your strength or weakness.

•It also creates an effective strategy for growth.

•It helps to determine your future financial needs.

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7 0

2 years ago

Rica Company is a price−taker and uses a target−pricing approach. Refer to the following information:Production volume602,000un

loris [4]

Answer:

Desired profit for the year = $2,329,000

Explanation:

Using the given information, we have

Production volume = 602,000 units

Market price = $34

Operating income desired = 17% of total assets

Total Assets = $13,700,000

Operating income = $13,700,000 $\times$ 17% = $2,329,000

Therefore desired profit = $2,329,000

therefore with this information desired profit per unit = $2,329,000/602,000 = $3.869

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Desired profit for the year = $2,329,000

4 0

3 years ago

On January 1, 20X7, Poke Corporation acquired 25 percent of the outstanding shares of Shove Corporation for $100,000 cash. Shove

maria [59]

Answer:

$18,750

Explanation:

Income from investment = 25% * $75,000

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Income from investment = $18,750

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2 years ago

Spade and Marcher Corp. manufactures and sells toy guns. These toy guns are a perfect imitation of real weapons. Inspired by Spa

VMariaS [17]

Answer:

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3 years ago

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Alex Ar [27]

Answer:

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Return on stockholders’ equity = net income / average stockholders' equity = $386,000 / [($2,780,000 + $2,558,000) = 14.46%

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8 0

3 years ago