Based on the information given, it can be deduced that the annual percentage rate (APR) is 24%.
The annual percentage rate simply means the yearly interest that's generated by a sum that's charged to a borrower. In this case, the APR is 24% after 6 months.
Also, the credit cards that have an annual fee will be credit card 2 and 3. It can also be deduced that the grace period is the same for the three credit cards while credit 3 has a membership.
If one pays the credit card bill on time and the balance each month, the best credit card is credit card 1. Lastly, when one has a balance from time to time credit card 1 is still the best.
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Answer:
False Statement
Explanation:
Saving accounts pay interest on the money you deposit.
Answer:
The missing question is "<em>Kruger offers an extended warranty that covers repairs for years 3 through 10. The price of the extended warranty is $3,000. Kruger estimates that it costs $2,500, on average, to provide the additional repairs required under the extended warranty.
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<em>Required: Assuming the customer chooses not to purchase the extended warranty, what journal entry(ies) should Kruger make at the time of the sale? Assuming the customer chooses to purchase the extended warranty, what journal entry(ies) should Kruger make at the time of the sale?"</em>
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Solution:
Date Account Titles Debit Credit
Cash $50,000
Sales revenue $50,000
Warranty expense $1,200
Warranty liability $1,200
Date Account Titles Debit Credit
Cash $53,000
Sales revenue $50,000
Unearned revenue $3,000
Warranty expense $1,200
Warranty liability $1,200
Commission simply means a form of variable-pay remuneration for services that are rendered or products sold.
<h3>What is commission?</h3>
Your information is incomplete. Therefore, an overview will be given. A commission is a payment that an employee makes based on a sale.
For example, when an employee sells a product for $500 and they get a 10% commission on all sales, then the employee will earn $50 on that sale.
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<span>Cost-benefit analysis is a process that involves? </span>Maximizing benefits and minimizing costs. Cost-benefit analysis involves rational but subjective decisions to be made by companies with regards to business functions. Cost-benefit analysis is how companies analyze actions and processes they can take within heir company to determine the best solution for them.
