9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.
<h3>What is annual rate interest ?</h3>
The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.
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The given statement is TRUE.
Explanation:
The statements that describe the AFL :
Rather than facing business leaders head on, the AFL has committed itself to seeking fair working practices and higher wages for employers.
In the vocabulary of the corporate community of that period, the latest AFL policies were labeled "financial unionism."
Answer: $4
Explanation:
The Bottle division is said to be able to meet all excess demand outside as well as that of the Cologne Division.
When this is the case in a company, individual divisions are allowed to transfer to each other at a rate equal to their Variable Costs. This is the general rule.
The Variable Costs for the containers is $4 so that is the transfer price as well.
Answer:
D. economic cost adds the opportunity cost of a firm using its own resources while accounting cost does not.
Explanation:
Accounting cost is equal to total explicit Cost. It is the actual cost expended in carrying out a project.
Economic cost is explicit cost plus opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Economic cost is usually larger than accounting cost.
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The determination of the amount of the overhead applied to each job in April based on the predetermined overhead rate of 50% of direct labor cost for Marco Company is as follows:
Job 306 Job 307 Job 308
Overhead applied in April $52,000 $77,500 $51,500
<h3>What is overhead allocation?</h3>
Overhead allocation is the process of assigning overhead costs to jobs or units of products.
Some companies use the predetermined overhead rate, which is a companywide (departmental) rate while others use the ABC overhead rates, which are based on the activity levels.
<h3>Data and Calculations:</h3>
Overhead allocation = 50% of direct labor cost
Job 306 Job 307 Job 308
Direct labor used $104,000 $155,000 $103,000
Overhead applied in April $52,000 $77,500 $51,500 ($103,000 x 50%)
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