For these reasons, us.law should mandate minimum vacation time.is that a fact or opinion.

A credit card had an Apr of 12.87% all of last year and compounded interest daily. What was the credit card's effective interest

alisha [4.7K]

Answer:

13.73%

Explanation:

Effective annual rate = (1 + APR / m ) ^m - 1

M = number of compounding = 365

$(1 + \frac{0.1287}{365} )^{365} - 1$

$(1.000353)^{365} - 1$ = 0.1373 = 13.73%

7 0

3 years ago

Is there really a need to develop training improve customer service? Why?

il63 [147K]

Answer:

Yes

Explanation:

The customer must feel happy, and comfortable in the environment that shopkeeps set up. An unhappy customer is far less likely to purchase in quantity and may be less attracted to products. The experience of shopping must be positive if the manager wishes to succeed.

Examples may be seen in MacDonalds, where the "Happy" meal exists, where bright colours are used and service must be supportive of the customers needs and thoughts.

7 0

2 years ago

Why do you think companies felt that unions were "conspiracies that interfere with property rights"?

Dafna1 [17]

Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.

7 0

3 years ago

Today, you sold 540 shares of stock and realized a total return of 6.3 percent. You purchased the shares one year ago at a price

GuDViN [60]

Answer:

B. 5.40 percent

Explanation:

Let today's price per share be $X

Total return = [ (New value + Dividend - Old value) / Old price ] *100

Old value = $24 *540 = $12,960

Next, plug in the numbers to the formula;

0.063 = [ (540X + 117 - 12,960)/ 12,960 ]

0.063 = $[\frac{540X-12,843}{12,960} ]$

multiply both sides by 12,960;

0.063 *12,960 = 540X - 12,843

816.48 = 540X - 12,843

Add 12,843 from both sides and solve for X;

816.48 + 12,843 = 540X

13,659.48 = 540X

Divide both sides by 540;

13,659.48/ 540 = X

X = 25.295

Therefore, today's price per share = $25.30

Capital gains yield= (Today's price - Original price) /Original price

Capital gains yield = (25.295 -24) / 24

=0.05396 or 5.40%

Therefore, Capital gains yield is 5.40%

3 0

3 years ago

Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

OLEGan [10]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

Less: Cost of merchandise sold (330,000)

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

Total operating expenses $85,000

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

Total other revenues (expenses) $(5,000)

Income before taxes $335,000

Less: Income Tax 0

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

3 0

3 years ago

For these reasons, us.law should mandate minimum vacation time.is that a fact or opinion.​

For these reasons, us.law should mandate minimum vacation time.is that a fact or opinion.