Apart from the number of cotyledons, other identifying characteristics are as follows: 1  the number of flower parts-monocot flowers are trimerous (in multiples of three). 2  the number of pores in pollen-monocots have one.part from the number of cotyledons, other identifying characteristics are as follows: 1  the number of flower parts-monocot flowers are trimerous (in multiples of three). 2  the number of pores in pollen-monocots have one.
Once the LOC is in place, the clothing store needs to manage cash flow so the business can minimize the interest expense paid on the LOC borrowings. Assume, for example, the interest rate on the LOC is an annual rate of 6% and the store starts the month with a $20,000 cash balance. The store estimates sales for the month to be $50,000, and $40,000 in inventory needs to be purchased to meet customer demand.
The upfront fee is on average $9 or 4% - whichever is greater. With the average credit card, the cost for cash advances up to $225 will be $9. For any larger withdrawal, you will pay 4%. The sum of the cash advance plus the fee will be the total cash advance balance on your account.This is an important distinction since it impacts the second cost, your cash advance APR.o get an idea of how much a 24% APR will cost you, we calculated the interest on a $1,500 cash advance that was taken out on the 1st day of the billing cycle. The upfront fee of the cash advance would be $1,500 x 4% = $60. For the first month, the interest would be 1.98%, or $31.