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oee [108]
2 years ago
13

Which statement best describes a Schumer box?

Business
1 answer:
posledela2 years ago
3 0

Answer:

The correct answer is letter "D": A standardized way of presenting the key terms of your credit card agreement.

Explanation:

Named after Senator Charles Schumer (born in 1950), the Schumer box is part of the disclosure information financial institutions must provide to debtors so they can be aware of what is the interest and fees subject to the use of credit cards. It is a box mostly present in credit card statements but must be included in any credit card solicitation.

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2 years ago
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Bill enters into a contract with Tom to supply 100 umbrellas at $10.00 each. The umbrellas were to be delivered on August 20th.
mars1129 [50]

Answer:

Honestly, Bill Can not sue Tom

Explanation:

Firstly I don't know the contractual agreement between Tom and Bill, but based on the fact that Tom informed Bill of the latest happenings as regards the umbrella,

Hence Bill is well Informed.

Now Bill tested his umbrella and they were OK, it doesn't rule out the fact and the possibility of 14 out 100 to be bad, this can be in a form of factory error.

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3 years ago
At any given hotel, one of the largest departments is housekeeping.
KengaRu [80]

Answer:

True

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2 years ago
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Justin Cement Company has had the following pattern of earnings per share over the last five years: Year Earnings Per Share 20X1
ElenaW [278]

Answer:

(a) $4.08

(b) $51.03

Explanation:

Constant growth rate for earnings:

= (EPS for any year ÷ EPS for the previous year) - 1

= (8.40 ÷ 8.00) - 1

= 0.05

= 5%

(a) EPS for 2016 = EPS for 2015 × (1 + 5%)

                          = 9.72 × 1.05

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Dividend for 2016 = 40% × EPS for 2016

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(b) Stock Price at the beginning of 2016:

= Dividend for 2016 ÷ (Required rate of return - Constant growth rate)

= 4.0824 ÷ (0.13 - 0.05)

= $51.03

8 0
3 years ago
Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for Humanity chapter. Currently, Chr
zheka24 [161]

Answer:

The correct answer is option a.

Explanation:

The bureau of labor statistics calculates the data regarding the unemployment rate in the US economy. It calculates the unemployment rate as the ratio of total unemployed to the total labor force.  

Those people who are having a job or business and are working for profit or those who are currently unemployed and looking for jobs are included in the labor force. Students, retirees, and discouraged workers are not included in the labor force.  

Here, Christopher is neither working for profit nor looking for work so he will not be considered unemployed or in labor force.

4 0
2 years ago
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