tb mc qu. 4-173 (algo) first corporation had retained earnings at... first corporation had retained earnings at the end of december 31, 2022 of $463,000. during 2023, the company had net income of $183,000 and declared dividends of $21,300. the amount of retained earnings reported on the balance sheet as of december 31, 2023 will be:
Answers
The given amount of retained earnings reported on the balance sheet as of December 31, 2023, will be $625,700.
Retained earnings refer to the proportion of a company's profits that are held back and not distributed as dividends to shareholders. It's an accounting entry that reflects the profits that a company has accumulated over the years.First Corporation's retained earnings for the year ended December 31, 2022, were $463,000.
During 2023, the company earned net income of $183,000 and declared dividends of $21,300. The retained earnings at the end of December 31, 2023, can be determined using the following formula: Retained earnings = beginning retained earnings + net income - dividends.
According to the formula, the retained earnings for the year ending December 31, 2023, can be calculated as follows: Retained earnings = $463,000 + $183,000 - $21,300= $624,700. Therefore, the amount of retained earnings reported on the balance sheet as of December 31, 2023, will be $625,700.
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Related Questions
B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct
Answers
Industrial and Extractive Occupation can be grouped into option A. Extractive, direct, and indirect.
What is the Occupation about?Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.
These businesses extract assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.
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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Answers
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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Apple vs. Samsung: The Design Patent War Between Two
Technology Giants
In 2011 Apple sued Samsung on the grounds of patent
infringement. Watch the short video and read through the
articles.
https://ww
Answers
In 2011, Apple sued Samsung for patent infringement, sparking a design patent war between the two tech giants. The dispute centered around similarities in smartphone and tablet designs.
The legal battle resulted in lawsuits in multiple countries, with both companies accusing each other of copying their designs. The case highlighted the importance of design patents in the technology industry and had a significant impact on future patent disputes between Apple and Samsung.
In 2011, Apple filed a lawsuit against Samsung, alleging that Samsung's smartphones and tablets infringed upon Apple's design patents. This initiated a prolonged legal battle between the two companies known as the design patent war. The case raised questions about the boundaries of design patents and the similarities between competing products in the technology industry. The lawsuits spanned multiple countries and resulted in mixed outcomes, with some rulings favoring Apple and others favoring Samsung. The dispute showcased the significance of design patents and their potential impact on product innovation and competition within the tech sector.
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factors to consider when preparing a slide
Answers
Answer:
the aim of the presentation, the subject matter, the audience, the venue or place, the time of day, and the length of the talk
Answer:
Location and accessibility
knowing your competitors
study the building
Landscape,sizes,shape
what is 4/8 = ??????????????????????
Answers
Answer:
4/8 is equivalent to 1/2
Explanation:
Hope it helps a lot :]
Answer:
4 divided by eight? if this is the question then the answer is 1/2
Explanation:
let me know if that was what you were asking
Define general banking services offered by financial institutions
Answers
Why do many companies find that providing employees a comprehensive benefits package that includes insurance, retirement investment and other benefits is worth the cost associated with these benefit packages?
Providing a strong benefits package reduces some of the stress most of us feel when it comes to paying for medical care, having enough money for retirement and other employer-sponsored benefits.
1. Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees.
2. When employees use the company medical benefits package, they are forced to go to doctors and health providers selected by the company for their low-cost services.
3. When the employer offers health benefits but not accrued vacation hours, employees find that their health care options actually serve as vacation time as well.
Answers
Answer:
1. Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees
Explanation:
Benefits or perks are added compensations alongside salaries and wages. They may be in monetary or non-monetary form. Most employers offer medical insurance, bonuses, overtime pay, shares purchasing schemes, allowances, vacations, and education fee programs as benefits to employees.
Benefits are a cost to employers. However, employers still find it appropriate to offer them to their employees. Benefits serve to attract and retain the best workers in the industry. Retaining the best workers increases productivity and boosts profits. It saves the company the costs associated with frequent recruiting and training of new workers.
Which activity will help you improve your verbal communication skills?
A.
learning to pronounce words correctly
B.
learning about gestures used by other cultures
C.
learning correct posture
D.
taking care with your appearance
Answers
A
Answer:
A
Explanation:
knowing how to speak words correctly can help ypu communicate with other people without a problem
Does the state of the US economy have an effect on local businesses started by entrepreneurs? Please explain your answer.
Answers
The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.
How does the U.S. economy affect local businesses?The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.
When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.
There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.
In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.
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Seema is heading into her junior year of high school and received a large financial gift from her grandmother. She kind of wants to buy some new clothes, but she has a financial goal of saving for her college education, but she also wants to be able to buy a used car to get her to and from campus. What should Seema do with the money she's received?
Answers
Based on the given information Seema should deposit the money into a savings account.
What is savings account?A savings account is an account that allow a person to save while you earn an interest on the saved amount.
Since she has a financial goal of saving for her college education the best choice is for her to open a saving account and deposit the money given to her by her grandmother into the saving account as this will help her to achieve her set goal.
Inconclusion Seema should deposit the money into a savings account.
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when a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account and a(n) account. multiple choice question. expense revenue dividend liability
Answers
When a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account and a liability account. Option D is the correct answer.
Current liabilities are commitments and obligations that are due in the next year. Current liabilities are the company's current obligations and are found on the balance sheet's liabilities section. These obligations may include the following:
Accounts payable (amounts owed to suppliers for products and services acquired by the company) Loans or lines of credit with a maturity date of fewer than twelve months Accrued liabilities (wages, taxes, and other expenses that have been earned but not yet paid)So, the transaction will be recorded with an increase to an asset account and a liability account. The liability account will be the account representing the current obligation to make a future payment. The asset account will be the account representing the supplies that the company received last week.
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a principal owns lots in an upscale subdivision. he has directed a licensee not to show the lots to people of a particular sex, race, or religion. what should the licensee, do?
Answers
Lots in a posh subdivision are owned by a principal. He has instructed a licensee to withhold the lots from people of a certain sex, race, or religion and to stop dealing with the owner.
What is meant by subdivision?A subdivision is a region, segment, or portion of anything that is a component of another, bigger entity. A common way to divide the year is into months. counts as a noun. A subdivision is a plot of land intended for home construction. When it is first developed, a subdivision differs most from a neighborhood. A neighborhood is a preexisting community. A newly developed subdivision is a clean slate. An investor in real estate typically begins by purchasing a sizable parcel of property, possibly former farmland. The term "subdivision" refers to the splitting of a lot, tract, or parcel of property into two or more lots, plats, sites, or other divisions of land for the purpose of sale or building development, whether that purpose is current or future.To learn more about subdivision, refer to:
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Dr. Robert Smith owned his family practice for over 20 years. He came from a family of success. His father was a brain surgeon and his mother a well-known author. His younger brother, Saul, owned his own accounting firm for several years, but came to work with Dr. Smith after he sold it for a modest amount.
After graduating at the top of his class from Johns Hopkins University, Dr. Smith was awarded a cardio- thoracic surgery fellowship in New York. He spent a few years there and was well on his way to fulfilling his dream of becoming a heart surgeon. During this time, however, his father became ill. Dr. Smith decided to return to his hometown of Zoar, Ohio, to take care of him. Under Dr. Smith’s care, his father started showing signs of improvement. He was glad not only for his father, but that he could go back and continue his pursuit of becoming a heart surgeon. On the day he was set to leave, his mother became ill and died a few days later from a rare form of cancer that showed no symptoms. The devastation hit the family hard. Saul was still in college, and Dr. Smith’s father needed someone to be with him at all times. Dr. Smith decided to stay in Zoar to take care of his father. He opened up a family practice in the town, thus putting his dream of becoming a heart surgeon on hold indefinitely.
Over the years, Dr. Smith sometimes felt regret that he never achieved his dream, but his job as the town doctor has been fulfilling. Now Saul was working with him, helping with the business. This made things significantly easier for Dr. Smith, who haphazardly kept his own books and patient files. One day, as Saul organized Dr. Smith’s piles of paperwork, he noticed there were charges to Medicaid that must be a mistake. While most of the population of Zoar, Ohio, was considered low-level income and qualified for Medicaid, this was not the case for all patients. There were several elderly middle- and higher-income families who regularly visited the office and usually paid with a check or cash. Saul assumed his brother’s administrative office skills were poor and aimed to fix it. However, as Saul organized the paperwork and checked files, these charges to Medicaid appeared to increase, dating back at least five years.
Saul approached his brother. "Robert, are you aware you charged Medicaid for Mr. and Mrs. Bennett’s visits?" "Hmmm. Let me see the paperwork," Dr. Smith asked. Saul handed it to him. Dr. Smith glanced at the document and said, "Yes, they are over age 65, so I made a bill for Medicaid."
"But we have records they paid you with cash," Saul replied. He handed Dr. Smith an old receipt. "And there are similar instances with some of your other patients. Besides, Medicaid is for low-income patients, not the elderly. Mr. and Mrs. Bennett are clearly not low-income."
Looking a little bit flustered, Dr. Smith replied, "Saul, you know how I am with details. I’m no good at it. That’s why I hired you. Thanks for catching my mistake." Dr. Smith walked back into his office and shut the door, leaving Saul standing in the hallway with a stack of files.
Saul knew what his brother gave up for their family and the good he did for the families in this small town, but he was convinced these charges were not accidental. There were too many of them and the amount of money charged exceeded $75,000.
"What happened to all that money?" Saul wondered. He also wondered how to handle the situation. He thought to himself, "How can I report this without sending Robert to jail? If I don’t report it and Medicaid finds out, I could go to jail and lose my accounting license. This is such a small town. If anybody finds out, we’ll never live it down." At that moment, the phone rang, and Saul was the only one there to answer it.
Describe Saul’s ethical dilemma.
Answers
Saul's ethical dilemma revolves around reporting his brother's improper billing to Medicaid.
Saul is facing an ethical dilemma regarding his brother, Dr. Robert Smith, and the improper billing of Medicaid. On one hand, Saul knows that his brother has made sacrifices for their family and has provided valuable medical care to the small town of Zoar, Ohio. He understands that reporting Dr. Smith's actions could have serious consequences, including jail time and the loss of his accounting license.
On the other hand, Saul recognizes that the charges to Medicaid are not accidental. He has found numerous instances where patients who are not low-income have been billed to Medicaid, resulting in a significant amount of money, over $75,000.
Saul's ethical dilemma can be summarized as follows:
1. Reporting his brother: Saul knows that it is his ethical duty to report the improper billing to the appropriate authorities. By doing so, he would be upholding the integrity of the Medicaid system and ensuring that funds are allocated to those who truly need them.
2. Protecting his brother and family: Saul is aware of the sacrifices his brother has made for their family and the positive impact he has had on the community as a doctor.
3. Upholding professional integrity: As an accountant, Saul has a professional responsibility to maintain ethical standards and report any wrongdoing he encounters. He is aware that not reporting the improper billing could result in legal consequences for himself, including the loss of his accounting license.
In summary, Saul's ethical dilemma revolves around reporting his brother's improper billing to Medicaid. He is torn between doing the right thing and potentially jeopardizing his brother's freedom and their family's reputation, or protecting his brother and family at the cost of compromising his own professional integrity.
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A list of sources that is used for in-text citations that usually appears at the end of the document is called
Answers
Answer:
This is called an editors reference.
Explanation:
They typically appear in research papers on any documents that come from websites or 3rd party that can be credited.
Parent Co. owns 90% of the 10,000 outstanding shares of Subsidiary Co.'s common stock on December 31, year 1. On that date, the stockholders' equity of Subsidiary was $150,000, consisting of $100,000 of no-par common stock and $50,000 of retained earnings. On January 2, year 2, Subsidiary issued 2,000 previously unissued shares for $24,000 to various outside investors. As a consequence of this transaction, Parent's ownership share was reduced to 75%. Which of the following correctly reports this transaction?
a. Parent's investment in Subsidiary is reduced by $4,500.
b. Parent's investment in Subsidiary is increased by $3,000.
c. The consolidated income statement reports a loss of $7,500.
d. The consolidated income statement reports a gain of $4,000.
Answers
Answer:
a) Parent's investment in the Subsidiary is reduced by $4,500.
Explanation:
The computation is shown below:
The balance in investment prior to the sale of securities is
= $150,000 × 90%
= $135,000
Now The balance in investment after to the sale of securities is
= (($150,000 + 24,000) × 75%)
= $130,500
Therefore Decrease in investment in Subsidiary is
= $135,000 - $130,500
= $4,500
Hence, the correct option is A.
true or false a company must change their brand positioning when they introduce a new product.
Answers
True. Brand positioning is the way a company chooses to communicate its brand to its target audience, and it is important to update the positioning when introducing a new product. This helps the company to maintain a consistent message and create a strong connection between the product and the brand.
When changing brand positioning for a new product, companies should consider the product's purpose, target market, and key benefits. They should also evaluate any existing messages associated with the product and the brand, as well as any existing perceptions of the product and the brand.
Once the brand positioning has been determined, the company should craft a new message that accurately communicates the product's purpose, target market, and benefits. This message should be consistent across all channels of communication, from print advertising to digital marketing.
It is also important for the company to develop a strategy for communicating the new product's brand positioning to its target audience. This could involve email campaigns, social media marketing, and other tactics that are tailored to the company's target audience.
By regularly updating its brand positioning when introducing new products, a company can ensure that its message remains consistent and that its target audience always has a positive view of its products and brand.
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What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage
Answers
Answer:
A second mortgage loan uses real estate for security
6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:
Answers
Answer:
Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.
Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.
The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.
The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answers
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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Evaluating an entrepreneurial opportunity requires an analysis of the perceived customers, growth potential, and the expected lifetime use. This analysis is described as:
-Industry & Markets
-Economics & Profitability
-Competitive Advantages
-Self & Investor
Answers
The analysis described, which involves evaluating an entrepreneurial opportunity based on the perceived customers, growth potential, and expected lifetime use, falls under the category of "Industry & Markets."
Assessing the industry and markets is a crucial step in evaluating an entrepreneurial opportunity. It involves understanding the target market, identifying the needs and preferences of potential customers, and assessing the overall market dynamics and trends. This analysis helps determine the demand for the product or service, the size of the target market, and the potential for growth and profitability.By examining the industry and markets, entrepreneurs can gain insights into market gaps, customer segments, and potential opportunities for innovation.
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.A manufacturing business has purchases of raw materials of $4,500, closing inventory of $1,400 and opening inventory of $800. What is the cost of raw materials used in production?
Answers
Answer:
Cost of raw materials used = $5,100
Explanation:
Given:
Purchases of raw materials = $4,500
Closing inventory = $1,400
Opening inventory = $800
Find:
Cost of raw materials used
Computation:
Cost of raw materials used = Opening inventory + Purchases of raw materials - Closing inventory
Cost of raw materials used = 1,400 + 4,500 - 800
Cost of raw materials used = $5,100
Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.
Without New Products
With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products
With new products
Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart
%
%
Profit margin
%
%
Asset turnover
Answers
Answer:
I don't know sorryyyyyjdkd
The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:
a) Return on assets = Net Income/Average total assets
Without New Products With New Products
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
= 9% 6%
b) Profit margin = Net Income/ Sales revenue
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
= 4% 5%
c) Asset Turnover = Net Sales / Average Total Assets
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Average total assets $5,282,800 $13,930,400
= 2.3 x 1.2 x
How useful are accounting ratios?The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.
For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.
Data and Calculations:Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
Total assets = $10,565,600 $2,786,0800
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Job ____ refers to organizing tasks, duties, and responsibilities into a productive unit of work.structuringdesignre-engineeringconfiguration
Answers
Job design is the process of combining tasks, obligations, and responsibilities into a useful work unit.
This involves determining what tasks need to be performed, how they will be performed, and who will perform them. Effective job design considers factors such as the job's purpose, required knowledge and skills, level of autonomy, and physical and environmental conditions.
The goal of job design is to create jobs that are both efficient and satisfying for employees. A well-designed job can increase employee motivation and productivity, reduce turnover, and improve overall organizational performance.
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Samantha joined the cross country team in high school. How could this benefit her college or career applications?
A. It demonstrates her creativity.
B. It opens doors to potential scholarship opportunities.
C. It provides her with job skills she can list on her résumé.
D. It shows her commitment to helping others
Answers
Answer:
The answer would be B. Since she's in a sport there's a chance she gets a scholarship from a college/university.
Use the table to answer the question.
at what output level should a perfectly competitive firm choose to produce at?
a. the firm should choose to produce 1,200 units of output.
b. the firm should choose to produce 800 units of output.
c. the firm should choose to produce 300 units of output.
d. the firm should choose to produce 1.500 units of output.
Answers
Answer:
The firm should choose to produce 1,200 units of output.
The firm should choose to produce 1,200 units of output at output level should a perfectly competitive firm choose to produce. Thus, option (c) is correct.
What is firm?The term firm refers to the company as are main motive to earn profit with increases the sales. The firm are involved the partners, owner, employees, and workers. The firm is main goal to earn large profit at the end of the year.
The firm plan the strategy as large production, better quality, increases firm goodwill in the market and better perform as compare to the other companies.
The firm should decide to produce 1,200 units of output because of the benefit to the firm. It was the output is the produce 1,200 units. There are the different strategies to follow of the firm.
As a result, the significance if the firm should decide to produce 1,200 units of output level should a perfectly competitive firm choose to produce are the aforementioned.
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Your question is incomplete, but most probably the full question was.
The market price for a good is $9 and will not change. Currently, a perfectly competitive firm is producing 1,200 units of output. At this level of output, the firm's variable costs are $7,000. Use the table to answer the question.
at what output level should a perfectly competitive firm choose to produce at?
a. the firm should choose to produce 1,200 units of output.
b. the firm should choose to produce 800 units of output.
c. the firm should choose to produce 300 units of output.
d. the firm should choose to produce 1.500 units of output.
advertising is likely to be more important than personal selling when the pricing policy is and a distribution strategy is used. a. negotiated; push b. negotiated; pull c. preset; push d. preset, pull
Answers
When the price is "preset" and distribution is "push," advertising is likely more significant than personal selling. A pricing approach referred to as "preset" pricing is one in which a product's price is established and does not alter based on discussions with specific consumers.
Since the price is not being discussed with every consumer in this scenario, advertising turns into a crucial instrument for promoting the product and generating demand.
A "push" distribution strategy is where the producer actively advertises and sells the product to the final consumer directly, bypassing middlemen like wholesalers and retailers. In this situation, advertising is essential for generating interest in the product and motivating distributors to stock and market it.
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Why should a business be concerned with stakeholders?
Answers
Businesses should be concerned with stakeholders because they are the ones that provide the finance for businesses.
What is meant by the term stakeholder?A stakeholder is an individual or a set of individuals who have a stake or shares in a company, they are basically investors.
Stakeholders have an interest in a business, there are several types of customers they are Customers, Employees, Investors, Communities, and Governments.
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Most string instrument bows are made from _____. Question 10 options: String Yarn Horse Hair Human Hair
Answers
Answer:
horse hair
Explanation:
yes, horse hair! <><><><><><><><><><>
Star Wars memorabilia has been continually successful since the first film was released in the 1970s, and the most recent film releases have led to a massive increase in sales. This is an example of Multiple Choice brand equity. brand licensing. brand awareness. co-branding. brand associations.
Answers
The answer is option a .brand equity.Star Wars memorabilia has been continually successful since the first film was released in the 1970s, and the most recent film releases have led to a massive increase in sales. This is an example of brand equity.
Brand equity refers to the value a company derives from a product with a distinguished name or brand. It is essentially the company's ability to produce more revenue and profits through the sale of goods and services than it would if it did not have the brand name.
Brand equity is built on various aspects like customer loyalty, product quality, brand awareness, and reputation.Brand equity plays a crucial role in sustaining and growing sales. A product with high brand equity will appeal to customers, make it easier to acquire new customers, and retain existing ones.
Therefore, Star Wars memorabilia is an excellent example of a product that has a strong brand equity because of its appeal to the customers. In conclusion, the correct option is brand equity.
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Match each law with its correct description.
Answers
Answer:
Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.
Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.Fair Credit Billing Act: allows consumers to exercise their rights regarding disputes and billing errors.Uniform Commercial Code: a set of laws that govern US commercial transactions.Credit CARD Act: prohibits unfair and abusive credit practices and ensures the transparency of fees.As a result, the significance of the law terms and definition are the aforementioned.
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