Hey there,
Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?
</span>1.5% of 845 is 12.675
So by round this above, your correct answer would be <span>12.68
Hope this helps</span>
Answer: Option (A) is correct.
Explanation:
Correct option: Earn positive profits in the long run.
All the industries that operates in a monopoly, oligopoly and monopolistic market conditions are generally having positive profits in the long run.
These industries can earn positive profits because there are high restrictions on the entry of the new firms. This is the case of monopoly and oligopoly. But in monopolistic competition, there are many firms in the market and the firms in this market condition can have a positive profits in the long run. There are comparatively less barriers on the entry of the new firms.
Answer: $4,950
Explanation:
If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.
The 25 units at the end of the year will be the most recent units purchased and so will be;
20 units from the third purchase
5 units from the 2nd purchase
Inventory value = (20 * 195) + ( 5 * 210)
= $4,950
<em>The options are not for this question. </em>
Answer: undeveloped country
Explanation:
Answer:
Is equal to zero if the decrease in the net fixed assets is equal to the depreciation expense
Explanation:
Net capital spending in domain of finance can be regarded as net amount that is been spent by a firm for the purpose of acquiring fixed assets at a particular period of time, this gives indication regards the growth of that fixed assets of that particular company. During the expansion phase there is usually high amount of net capital spending. It should be noted that Net capital spending Is equal to zero if the decrease in the net fixed assets is equal to the depreciation expense
