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3 years ago

9

Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month? A. L

ate Fee B. Annual Membership Fee C. Balance Transfer Fee D. Annual Percentage Rate

1 answer:

Alisiya [41]3 years ago

8 0

Answer: A.) Late Fee

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What does the communication technique "slow down and be patient" mean

oee [108]

Answer:

Communication technique "slow down and be patient" means slow your speech so the person with has time to think each word you say.

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4 years ago

Northwest Fur Co. started 2021 with $110,000 of merchandise inventory on hand. During 2021, $540,000 in merchandise was purchase

Andru [333]

Answer:

B) $639,600.

Explanation:

when you use the gross method to record purchases, the journal entries should be as follows:

Dr Merchandise inventory 540,000

Cr Accounts payable 540,000

Dr Merchandise inventory 8,800 (freight charges)

Cr Cash 8,800

Dr Accounts payable 3,100 (returned merchandise)

Cr Merchandise inventory 3,100

Dr Accounts payable 536,900

Cr Cash 520,793

Cr Merchandise inventory 16,107

Merchandise inventory = initial balance + purchase + freight charges - returns - purchase discounts = $110,000 + $540,000 + $8,800 - $3,100 - 16,107 = $639,593 ≈ $639,600 (it's the closest option).

6 0

4 years ago

One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a similar prod

Harrizon [31]

Answer:

Life cycle analogy method

Explanation:

Life cycle analogy method A qualitative forecasting technique that attempts to identify the time frames and demand levels for the introduction, growth, maturity, and decline life cycle stages of a new product

4 0

3 years ago

In perfect competition, the demand faced by a single firm is perfectly rev: 06_26_2018 Multiple Choice elastic, because the firm

LuckyWell [14K]

Answer:

elastic, because many other firms produce the same standardized product

Explanation:

A good has perfect price elasticity when a change in price leads to an infinite change of quantity demanded.

A perfect competition is when there are many buyers of homogenous goods and services. The sellers are price takers; prices are set by the market force.

A perfect competition has perfect price elasticity because goods sold are standardised and identical with other goods in the market. If the seller increases its price, it's demand would fall to zero as consumers would shift demand to other subsituite goods.

I hope my answer helps you.

3 0

3 years ago

Describe four signs that help indicate when ABC systems are likely to provide the most benefits. (Select the four statements th

iris [78.8K]

Answer:

C. Significant amounts of indirect costs are allocated using only one or two cost pools.

D. All or most indirect costs are identified as output unit-level costs.

E. Products make diverse demands on resources because of differences in volume, process steps, batch size, or complexity.

F. Products that a company is well suited to make and sell show small profits, whereas products that a company is less suited to produce and sell show large profits.

Explanation:

ABC (activity based costs) method focuses on individual activities as the main cost objects. After it determines the cost of individual activities, it uses them as the basis for assigning costs to products and services. ABC method allocates overhead costs based on the main cost objects.

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3 years ago