It is important to review the credit card disclosure for information on APRs, Penalties, Grace periods, Minimum financing charges, Calculation methodologies, and Fees.
An explanation of all the fees, charges, interest rates, and conditions that a consumer can encounter when using the credit card is contained in a credit card disclosure. The legislation requires disclosure of this information by organizations that provide credit cards. The disclosures on credit cards offer clear information about costs and charges. They also encourage rivalry. To allow consumers to evaluate credit cards more effectively, it is legally necessary of all credit card companies to give the same price information. They can pick the one that better serves their tastes in terms of price.
The interest rate that a client will pay on outstanding balances is the most obvious example of a cost listed on a credit card disclosure. Basic elements like the monthly payment deadlines will also be covered in the disclosure.
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Answer:
ɴᴏ ᴘɪᴄ sᴏʀʀʏ :(( ʙʏᴇ :)))
Answer:
Answer is A. USD 80/-
Explanation:
Using FIFO costing, we get:
- <u>Gross Profit = Sales - Cost of Goods Sold
</u>
COGS (Cost of Goods Sold) for two units,
COGS = First purchase + Second purchase
COGS = $70 + $80
COGS = $150
Sales = $230
- <u>Calculating the Gross Profit:
</u>
GP (Gross Profit) = Sales - Cost of Goods Sold
GP = $230 - $150
GP = $80
Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there aren't any jobs available. You would be counted as<u> </u> <u>discouraged worke</u>r
Explanation:
<u>Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there aren't any jobs available. You would be counted as</u>
A <u>discouraged worke</u>r is an individual who has given up looking for employment even though they are perfectly eligible to take up a job but to the repeated failure in finding a job they have then ceased their search for finding an employment.
Discouraged workers have stopped looking for employment opportunities because they feel that their is no job that suits their qualifications
Since they have stopped searching they are not included in the labor force hence when we see the statistics for unemployment these people are not included there also .So they are called <u>Discouraged Workers</u>
<u> The correct formula for calculating the unemployment rate</u>
<u>(</u>
<u> D) Neither formula is used to calculate the unemployment rate</u>
The formula for Unemployment rate is
==> U=Unemployed People/Labor force*100
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Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
