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Temka [501]
3 years ago
9

A temporary 0% APR is a good way to attract new credit card customers. This type of APR is known as:

Business
1 answer:
beks73 [17]3 years ago
8 0

Answer:

d) Introductory rate

Explanation:

APR, or annual percentage rate, is the interest rate applied when using a credit card. A credit card company may introduce offers to boost the uptake of credit cards.

One way to increase uptake is through the 0% APR introductory offer.  A temporal  0% APR  means no interest will be charged for the use of the credit card for a time as determined by the credit card company. To take advantage of this offer, a customer must pay the minimum payments due on the statement.

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Computing and analyzing acid-test and current ratios
uysha [10]

Answer:

Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

Explanation:

Attach is the table of given cases

Acid test ratio= \frac{cash+Short\ term\ investments+ Current\ receivables }{Current\ liabilities}

Now, solving for acid test ratio.

<u>Case x</u>

⇒ Acid test ratio= \frac{1800+0+150}{2000}

⇒ Acid test ratio= \frac{1950}{2000}

∴ Acid test ratio= 0.975 \approx 0.98

<u>Case y</u>

⇒ Acid test ratio= \frac{120+0+400}{1210}

⇒ Acid test ratio= \frac{520}{1210}

∴ Acid test ratio= 0.429 \approx 0.43<u></u>

<u>Case Z</u>

⇒ Acid test ratio= \frac{1000+400+400}{3000}

⇒ Acid test ratio= \frac{1800}{3000}

∴ Acid test ratio= 0.60

Next solving for current ratio.

We know, current ratio= \frac{Current\ assets}{Current\ liability}

<u>Case x</u>

⇒ current ratio= \frac{4050}{2000}

∴ current ratio= 2.025 \approx 2.03

<u>Case y</u>

⇒ current ratio= \frac{2820}{1210}

∴ current ratio= 2.33

<u>Case Z</u>

⇒ current ratio= \frac{5200}{3000}

∴ current ratio= 1.73

Hence, Current ratio- 2.03  2.33  1.73 and Acid-test ratio- 0.98  0.43  0.60              

7 0
2 years ago
Henry fords philosophy was to perfect the model-t so that its cost could be reduced further for increased consumer affordability
julsineya [31]

Answer:

production concept

7 0
2 years ago
A system of __________
lakkis [162]

Answer:

B. Free enterprise and voluntary exchange

Explanation:

If I had to take I guess I would choose free enterprise tbh

8 0
3 years ago
The making ethical decisions box "should you stay or should you go?" addresses a dilemma worthy of consideration. it describes:
soldi70 [24.7K]

It describes the ethical decision, which needs consideration, of an employee leaving his failing company and starting his own and progressing to a level where they are competing with their previous employers.<span>
The box states an environment where a company is faltering and an employee has an idea who goes independently to make business of same kind a successful one. Being in the same business the employee has a choice of contacting the previous customers directly, the box asks the learners to see its ethical aspects as well as consequences and choices.
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8 0
3 years ago
An important role that IS plays in management control processes includes: Communication Conversion Management Transformation Imp
Alexeev081 [22]

An important role that IS plays in management control processes includes is Communication.

<h3>What role does management plays in an organization?</h3>

IS is known to have three important roles in management control processes. These processes are said to be;

  • Data collection
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Management  often operates via  functions such as planning, organizing, staffing and others.

Learn more about management from

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