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3 years ago

A credit card issuer charges an APR of 15.77%, and its billing cycle is 30 days long. What is its periodic interest rate?

Business

2 answers:

Lady_Fox [76]3 years ago

8 0

The periodic interest rate would be B: 1.30%.

vovangra [49]3 years ago

5 0

The periodic interest rate would be B, 1.30%, This is right on APEX

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Suppose that after hurricaneâ€‹ Irene, the average income in Capeâ€‹ Charles, Virginia decreased by 2 percent. In response to th

satela [25.4K]

Answer:The income elasticity of demand for steak in Cape Charles is ___6.0%____. In thisâ€‹ instance, steak in Cape Charles is __A luxury good_____

Explanation:

The formula for calculating income elasticity is given as

Percentage Change in demand divided by the Percentage change in income

Income Elasticity = 12%/-2%= 6%

Luxury goods have an income elasticity of demand greater +1 what we can conclude from this is that buying streak from Cape Charles is not an essential economic activity because a fall in income resulted to a proportionate decrease in quantity demanded.

In this instance, steak in Cape Charles is a Luxury good _____

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3 years ago

On January 1, 2018, Brussels Enterprises issues bonds at par dated January 1, 2018, that have a $3,400,000 par value, mature in

pashok25 [27]

Answer:

a. Record the entry for the issuance of bonds for cash on January 1, 2018.

January 1, 2018, bonds are issued

Dr Cash 3,400,000

Cr Bonds payable 3,400,000

b. Record the entry for the first semiannual interest payment on June 30, 2018.

June 30, 2018, first coupon payment

Dr Interest expense 153,000

Cr Cash 153,000

c. Record the entry for the second semiannual interest payment on December 31, 2018.

December 31, 2018, second coupon payment

Dr Interest expense 153,000

Cr Cash 153,000

d. Record the entry for the maturity of the bonds on December 31, 2021 (assume semiannual interest is already recorded).

December 31, 2021, payment of bonds payable

Dr Bonds payable 3,400,000

Cr Cash 3,400,000

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3 years ago

What characteristics of an organizational structure and culture are best suited to achieving a cost-leadership strategy

S_A_V [24]

An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.

<h3>What is a cost leadership strategy?</h3>

This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.

These type of strategy is best achieved with an informal type of organizational structure & culture.

Read more about cost leadership strategy

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2 years ago

The transition to middle, junior high, or high school generally involves a shift from a smaller neighborhood elementary school t

Fantom [35]

The transition to middle, junior high, or high school generally involves a shift from a smaller neighbourhood elementary school to a school that more impersonal setting

Explanation:

For addition, the transfer involves a move to a bigger, impersonal environment from a smaller, elementary school community. The adjustment also comes with a reduction for grades and a fall in self-esteem.

But, in the last year (just to put a limit) and the secondary school.

The children turn on travellers who set sail from each island of their youth, playing games that were little more than sports, and not much more than spoken about their eventual doom or adaptation.

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3 years ago

The "benefits received" principle says only the people who pay these taxes should benefit from these tax dollars.

Reil [10]

Answer:

false

Explanation:

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3 years ago