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3 years ago

Read the information about 2 competing credit cards.

Business

2 answers:

Luda [366]3 years ago

4 0

Answer: A. Had major expenses in the first year.

Explanation: It just makes sense and it’s also correct

emmainna [20.7K]3 years ago

4 0

A. Had a major expenses in first year, have a great day

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Deere & Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company

barxatty [35]

Answer:

Days in Inventory = 63 days

Explanation:

We know,

Days in Inventory = 365 days ÷ Inventory Turnover

Given,

Inventory turnover = Cost of goods sold ÷ Average Inventory

Inventory turnover = 16,936 ÷ [( $2,410 + 3,430) ÷ 2]

Inventory turnover = 16,936 ÷ (5,840 ÷ 2)

Inventory turnover = 16,936 ÷ 2,920

Inventory turnover = 5.8

Putting the values into the formula, we can get

Days in Inventory = 365 days ÷ Inventory Turnover

Days in Inventory = 365 days ÷ 5.8

Days in Inventory = 63 days

3 0

4 years ago

Samantha has a loan with an interest rate of 6.67 percent now, but the rate could increase 2 percent next year. What lending ter

stiv31 [10]

Answer: 3 Variable Rate Loan.

The variable rate loan best describes the loan agreement because the rate can vary and become a different percent over the course of the loan agreement. When you agree to loan terms with variable interest rates it is important to remember when they will change and check the interest rate amounts at any given time over the course of the loan, sometimes the loan terms jump drastically if not paid by the initial given rate.

6 0

3 years ago

Read 2 more answers

Which document determines the number of shares in a company? a stock prospectus an annual bill of rights a corporate charter an

Nezavi [6.7K]

Answer: Corporate charter

Explanation:

The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.

When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.

5 0

4 years ago

Read 2 more answers

Irolt, a company that supplies fast-moving consumer durables, recruits only graduates from top business schools as management tr

e-lub [12.9K]

Answer:

<u>A creative work environment.</u>

Explanation:

A creative work environment is often found in companies with a decentralized organizational structure. This type of structure is more flexible than in a centralized structure, has a lower degree of hierarchy and greater participation of employees in decision-making processes.

A company that has a creative work environment, ensures that its employees have more freedom to solve their own problems and contribute with innovative ideas and suggestions, which ensures a greater sense of employee participation, increases motivation and work valorization .

7 0

4 years ago

Major Corp. is considering the purchase of a new machine for $5,000 that will have an estimated useful life of 5 years and no sa

Yuri [45]

Answer:

2.5 years

Explanation:

The payback method calculates how many years it will take the company to recover the investment's cost without considering any discount rate. The formula sued to calculate the payback period is:

payback period = investment cost / annual cash flow

payback period = $5,000 / $2,000 = 2.5

3 0

3 years ago