Answer:
The introductory rate on the card is no longer in effect
Explanation:
Since in the question it is mentioned that after two months she notices that the credit card bill involves the high finance charges but she select the car that have % APR so here the explanation should be with respective to the finance charges is that the introductory rate would have no impact on the credit card
Therefore the same is to be considered
Answer:
Analogy
Explanation:
An analogy is a comparison between two sets of items or concepts that share a relationship. In this case, employees earn a salary from their hard work while students earn an 'A' from studying.
Answer:
January
Explanation:
The overtime wages should be expensed in January as in the month of february, wages will be accrued and it will be liablity for employer.
The overtime worked in month on january should be paid in january itself and overtime expense should be included in wages payable in the month of January. When wages are paid, the owner of the factory should debit the wages payable account and cash account should be credited as amount of casg paid to the employees. Wages are considered as operating expenses of factory.
A benefit is that it. gives you control over your finance.
Answer:
45.8 days
Explanation:
The computation of the days sales uncollected is shown below:
But before that first we need to find out the inventory turnover ratio which is
Inventory turnover ratio = Sales ÷ Accounts receivable
= $21,500 ÷ $2,700
= 7.96 times
Now Days sales uncollected is
= 365 ÷ Inventory turnover ratio
= 365 ÷ 7.96
= 45.8 days
We simply applied the above formulas