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3 years ago

Which of these factors should consumers research first when they receive a credit card offer with a low introductory

Business

2 answers:

Ket [755]3 years ago

7 0

Answer:

Hi your question lacks the options here is the complete question

Which of these factors should consumers research first when they receive a credit card offer with a low introductory rate? A) the APR after the introductory period expires B) the cash advance features offered by the bank C) the type of card, such as secured, regular, or premium D) the availability of special programs, such as "cash back" programs

the answer is The APR after the introductory period expires ( A )

Explanation:

The APR ( the annual percentage rate ) is an annual rate charged on a borrowing facility or earned on an investment. such borrowing like loans, credit cards, mortgage loans. this is usually charged every year and not monthly. the APR on a credit card should be considered seriously before accepting a credit card with low introductory cost because introductory cost comes as a one time payment but APR comes as a yearly cost and if not checked will be a huge burden to be paid by the card holder.

The cash advance features offered by a bank is not important because it tends to still put the cardholder in more debt when used.

4vir4ik [10]3 years ago

6 0

Go on creditkarma if you have a low score talk to a Bank agent at your selected bank. I also recommend doing some research on google as well.

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An entrepreneur purchased an existing bicycle shop that had between $120,000 and $150,000 worth of sales annually for the past t

stepan [7]

Answer:

Forecasted sales: 25% maximum reduction.

Recommendations: try new ways to increase sales during the months left, or reduce its own cost.

Explanation:

If sales usually increase between March 1 and June 30, and this period accounts for 50% of annual revenue, if revenue is proportional to sales, a reduction in sales will reduce revenues.
Between March 1 and June 30 there are 4 months.
If sales usually pick up in March and this year they were low until the beggining of May, it means that only 2 of the 4 most productive months were higly productive.
If 50% of sales are concentrated in this 4 months, and this year 2 of the 4 months were not really productive, a maximum 25% of sales (and hence of revenues) may have lost.
Therefore, revenues may lower by 25% this year.
To avoid losses, it is advisable to try new ways to increase sales during the months left, that can consist on doing some advertisement and promotions (related to health care linked to exersice for example), that helps increasing sales in the months left, to compensate the looses of the 2 months. If sales cannot be increased, it is advisable to reduce cost to avoid further looses.

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2 years ago

Loss leaders are poorly managed retail companies of outlets. true or false.

Amanda [17]

False. Loss leaders are products that are sold at or below cost in order to lure you into the store.

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2 years ago

Read 2 more answers

Both seashells and corn have been used as money in the past. Which do you think is a better choice? Explain your answer by refer

Katarina [22]

Answer:

Seashells were better than corn.

Explanation:

I think shells were the better choice. They were also used as ornaments. The shells were very easy to use and durable. Payments were made using shells. The shells are considered as the oldest form of currency and they originated in ancient China.

It helped in a growing trade. Shells were the part of commodity money.Sea shells were used as a whole or partial. Shells were used either in the shape of beads or artificially shaped.

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2 years ago

A company's issued share capital throughout an accounting period consists of 500,000 common shares of 20 cent each and 100,000 p

ella [17]

Answer:

a. $0.30

Explanation:

Basic Earning Per Share (BEPS) = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stock.

Earnings Attributable to Holders of Common Stock calculation :

Net income after tax for the period $160,000

Less Preference Dividend ($10,000)

Earnings Attributable to Holders of Common Stock $150,000

Weighted Average Number of Common Stock calculation :

Outstanding common shares 500,000

Therefore,

Basic Earning Per Share (BEPS) = $150,000 ÷ 500,000

= $0.30

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2 years ago

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Answer:

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1 year ago