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nalin [4]
3 years ago
10

Which statement best describes the two billing cycle method that some credit card companies use

Business
1 answer:
Alborosie3 years ago
3 0

Answer:

Double-cycle billing is a method used by creditors, usually credit card companies, to calculate the amount of interest charged for a given billing period. It takes into account not only the average daily balance of the current billing cycle (usually one month), but also the average daily balance of the previous cycle.

Explanation:

idk...my mom helped me answer this for you

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Who would you vote for if you could? Explain Why connecting to issues facing your community.
andre [41]

Answer:

Explanation:

vote for what

4 0
2 years ago
An establishment has three departments with variable costs as a percentage of sales revenue of 30 percent, 40 percent, and 50 pe
zalisa [80]

Answer:

60 percent

Explanation:

Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.

Contribution margin = Sales - Variable costs

Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.

It is represented mathematically as,

= \frac{Contribution\ margin}{Sales}

Also, contribution margin ratio = 100 - variable cost ratio percentage.

Hence, contribution margin for three departments would be:

A = 100 - 30% = 70%

B = 100 - 40% = 60%

C = 100- 50% = 50%

This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.

Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.

\frac{0.70y\ +\ 0.60y\ +\ 0.50y}{3y}    

Thus, weighted average contribution margin would be, 60 percent

7 0
2 years ago
Public debt includes debt that is held by:________
ELEN [110]

The answer is Public debt includes debt that is held by the social security Administration.

Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget.

What is Public debt?

  • Public debt has to be paid from the consolidated fund of India. It is also used to refer overall liabilities of central and state governments, but the union government clearly distinguishes its debt liabilities from the state.
  • The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, and short term borrowings.
  • However, if the public debt is calculated as government liabilities, which also includes the liabilities of states.

To learn more about Public debt

Visit: brainly.com/question/27648457?

#SPJ4

7 0
1 year ago
Universal Containers has a block priced product, Cloud Contacts, and wants to apply a 10% premium to the product when the paymen
Eduardwww [97]

Answer:

d. SBQQ__RegularPrice__c = SBQQ__ListPrice__C * 1.1

a. SBQQ__CustomerPrice__c = SBQQ__RegularPrice__c * (1 - SBQQ__ Discount_c)

c. SBQQ__PartnerPrice__c = CustomerPrice__c * (1 - SBQQ__ PartnerDiscount_c)

b. SBQQ__NetPrice__c = SBQQ__PartnerPrice__c * (1 - SBQQ__ DistributorDiscount_c)

Explanation:

For 10% premium to be applied on a block price product, an action in a correct order should be taken. The order is as follows;

d. SBQQ__RegularPrice__c = SBQQ__ListPrice__C * 1.1

a. SBQQ__CustomerPrice__c = SBQQ__RegularPrice__c * (1 - SBQQ__ Discount_c)

c. SBQQ__PartnerPrice__c = CustomerPrice__c * (1 - SBQQ__ PartnerDiscount_c)

b. SBQQ__NetPrice__c = SBQQ__PartnerPrice__c * (1 - SBQQ__ DistributorDiscount_c)

5 0
3 years ago
Each culture contains smaller ________, or groups of people with shared value systems based on common life experiences and situa
klio [65]

Answer:

C) subcultures

Explanation:

4 0
3 years ago
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