Answer:
Passport
Annual finance charge =$450
Total annual cost = $2970
Traveller
Annual finance charge = $425
Total annual cost = $2945
Explorer
Annual finance charge =$400
Total annual cost = $2950
The travellers card is the best
Explanation:
Passport
Annual finance charge = 18% x 2500 = $450
Total annual cost = $2500 + 450 + 20 = 2970
Traveller
Annual finance charge = 17% x 2500 = $425
Total annual cost = $2500 + 425 + 20 = 2945
Explorer
Annual finance charge = 16% x 2500 = $400
Total annual cost = $2500 + $400 + $50 = 2950
The traveller is the best for a consumer because it has the lowest cost
If two men are producing the same good, but one of them is producing more, with the same constraints, then he has an absolute advantage.
<h3>What is Absolute Advantage?</h3>
This refers to the economic principle which means that one particular entity is able to manufacture a greater quantity of goods in a more efficient manner than their competitors.
Please note that your question is incomplete so I gave you a general description to help you better understand the concept.
Some of the factors that can affect absolute advantage are:
- Cheaper materials
- Less time used to produce the good
- Cheaper labor, etc
Read more about absolute advantage here:
brainly.com/question/8141905
B. By accepting a public defender (since then you wouldn't have to pay for a lawyer)
Your answer is C: Asymmetric Information
Mark as brainliest?
<h2>HOPE THIS HELPS!</h2>
Answer:
$186,900
Explanation:
The gross profit is the difference between the sales revenue and the cost of good sold. The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.
As such, the net operating income/loss is the difference between the sales and the total costs
.
To get the net income, we would first get the gross income.
Gross income
= $730,000 - (40% * $730,000)
= $438,000
Next we must compute the net income before tax. This is the difference between the gross income and the operating expenses
= $438,000 - $90,000 - $81,000
= $267,000
Income tax expense = 30% * $267,000
= $80,100
budgeted net income for 2018
= $267,000 - $80,100
= $186,900
