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Question #1 Banks that issue credit cards generally charge retailers a fee of 2 to 6% of the amount of sale. List reasons why companies

Question #1

Banks that issue credit cards generally charge retailers a fee of 2 to 6% of the amount of sale. List reasons why companies are willing to pay these fees.

Question #2

Search the Internet for the annual report of a company of your choice and then answer the following questions.

  1. What is the Name of the company?
  2. What is the Internet address/ link of the annual report?
  3. At the year-end, what is the net amount of its plant assets?
  4. What is the accumulated depreciation?
  5. Which method of depreciation does the company use?

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