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Zielflug [23.3K]
3 years ago
15

Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

Business
1 answer:
Keith_Richards [23]3 years ago
5 0

Answer:

a. 1.5%

Explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

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A letter of credit states that an exporter has availed credit from the bank to manufacture goods.
aalyn [17]
I think that statement is false

a letter of credit does not states that an exporter has availed credit from the bank to manufacture goods, but it st<span>ates that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents instead.</span>
4 0
3 years ago
Suppose a soccer coach has been making $25,000 per year but gives up his coaching job in order to make lace dollies. If his reve
Andru [333]

Answer:

$ 5000

Explanation:

Economic Profit = Revenue - Cost of Material - Opportunity Cost

Economic Profit = 50,000-20,000-25,000

Economic Profit = $5000

7 0
4 years ago
Which statement describes direct materials in a manufacturing setting?A) Direct materials are used to determine total manufactur
Helga [31]

Answer:

B) Direct materials are used to determine total inventoriable product costs.

Explanation:

Product costs includes direct materials, direct labor & manufacturing overhead.

This makes Choice B a description of direct materials in a manufacturing setting. All other choices are false.

Their is a chance to use direct labor as a basis for manufacturing overhead but not direct materials.

Direct materials can be separately and conveniently traced.

And finally, as stated above, direct materials are part of the finished product.

7 0
4 years ago
Units Produced 20,000
Alexeev081 [22]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses=  (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

3 0
4 years ago
Why is it necessary to define policy elements?Discuss the terms confidentiality, integrity, and availability as they relate to i
aleksklad [387]

Explanation:

First, it is important to know the definition of policy and its relevance to society and organizations.

Politics is the science of organization, direction and administration, linked to government, the state and public administration, with the aim of guiding the administration and promoting the public good. Therefore in every act of managing, whether in the fields of public or private administration, there will be policies for the direction of society and business.

Public policies are composed of 4 main elements: government involvement, perception of a problem, definition of an objective and definition of an action process.

Because of its relevance to social welfare, policy must be protected in different ways, so it is right to relate policy design to the three pillars of information security, confidentiality, integrity and availability.

Confidentiality refers to actions to ensure that data are protected, with a hierarchy of access to information only by authorized, is what happens in policy, the set of guidelines should be protected and only the high hierarchy can change it if necessary.

Integrity corresponds to preserving the reliability, accuracy and consistency of information, in politics we can relate how the protection of information change by unauthorized persons and the design of policies that integrate and benefit the whole society.

Availability corresponds to the access of information by individuals, in politics can be related to the access that every citizen should have of the set of policies to guide their actions and protect society from possible conflicts.

8 0
3 years ago
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