Answer:
This question is incomplete, the options are missing. The options are the following:
a) For consumer purposes
b) For commercial purposes
c) Usurious
d) An online contract
And the correct answer is the option C: Usurious.
Explanation:
To begin with, in the area of law, the term known as <em>"Usury" </em>is refer to the practice that focuses on making the lender richer in unethical ways so therefore that this practice is considered to be the one that makes inmoral monetary loans that try to affect the borrower in order to benefit the lender. One example of the use of this term could be the case in where the lender charges or try to charges a higher interest rate to the borrower than the one that is prohibited by law as a maximun rate.
The Free Application for Federal Student Aid (FAFSA<span>) is used to calculate the Expected Family Contribution (EFC), a somewhat harsh measure of the family's ability to pay for college. The EFC is the sum of a student contribution and a parent contribution.</span>
Answer:
$21
Explanation:
The computation of the sales commission per unit sold is shown below:
= Selling price per unit × sales commission percentage
= $350 × 6%
= $21
By multiplying the selling price per unit with the sales commission percentage we can get the sales commission per unit and the same is shown above in the calculation part.
All other information is not relevant. Hence, ignored it
Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
