Which of the following is an advantage of consumer credit?

a. it can encourage customers to spend beyond their means.
b. it costs more than cash purchases.
c. it can earn extra money for lenders.
d. it can allow you to save money if you time your purchases correctly.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Acompany's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is