What is the periodic interest on a credit card with a 17.99% APR?

In a(n) ________, the consumer ranks a product's attributes in terms of perceived relevance or importance, then compares the var

mafiozo [28]

Answer:

Lexicographic decision rule

Explanation:

A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.

When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.

Cheers.

6 0

2 years ago

Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking

ivolga24 [154]

Answer:

The money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

Explanation:

The computation of the money multiplier and the money supply is shown below:

As we know that

Money multiplier is

= 1 ÷ required reserve ratio

= 1 ÷ 0.10

= 10

So, the money supply is

= Total Reserves × Money Multiplier

= $100 billion × 10

= $1,000 billion

hence, the money multiplier and money supply for this banking system is 10 and $1,000 billion respectively

5 0

2 years ago

Convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.

masya89 [10]

Answer: See explanation

Explanation:

To convert to Celcius scale from Kelvin, the formula to use is:

Temperature in Celcius = Temperature in Kelvin - 273

a. 450k

Temperature in Celcius = Temperature in Kelvin - 273

= 450 - 273

= 177°Celcius

(b) 273 k

Temperature in Celcius = Temperature in Kelvin - 273

= 273 - 273

= 0°C

(c) 73 k

Temperature in Celcius = Temperature in Kelvin - 273

= 73 - 273

= -200°C

6 0

2 years ago

The gross earnings of factory workers for Dinkel Company during the month of January are $400,000. The employer's payroll taxes

kari74 [83]

Answer:Please see answers in explanation column

Explanation:

a) Journal to record factory labor cost

Account titles and explanation Debit Credit

Factory Labor $480,000

Factory wages payable $400,000

Employer payroll taxes payable $80,000

Factory Labor=Factory wages payable+Employer payroll taxes payable

= $400,000 + $80,000 =$480,000

b) Journal to transfer factory labour to production

Account titles and explanation Debit Credit

Work in process inventory(480,000 x 75%) $360,000

Manufacturing Overhead(480,000 x 25%) $120,000

Factory Labor $480,000

3 0

2 years ago

During june, vixen company sells $850,000 in merchandise that has a one year warranty. experience shows that warranty expenses a

Musya8 [376]

Answer:

Explanation:

The journal entry is shown below:

Warranty expense A/c Dr $25,500

To Estimated warranty liability $25,500

(Being the estimated warranty provision is recorded)

The computation is shown below:

= Merchandise sale value × given percentage

= $850,000 × 3%

= $25,500

Simply we debited the warranty expense and credited the estimated warranty liability so that the correct posting can be done.

4 0

2 years ago