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2 years ago

What is a creditor legally required to do if you dispute a debt?

Business

1 answer:

rodikova [14]2 years ago

8 0

A creditor is legally required to investigate the dispute if the debtor dispute a debt.

<h3>What is a debt dispute?</h3>

This refers to an disagreement between the creditor and the committee as to the existence of a debt owed by the committee.

Hence, he creditor is legally required to investigate the dispute if the debtor dispute a debt.

Therefore, the Option B is correct.

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What two features of a bond are the principal determinants of its interest rate? A. Investment percentages and maturity delegati

Anit [1.1K]

A. Investment percentages and maturity delegations

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3 years ago

Who is most likely to threaten the security of a business?

Alex73 [517]

Answer:

Explanation:

Outsiders who were once employees

Because they have the inside information. And if your up to any tricks, they'll know! And you'll basically be at their liberty.

4 0

2 years ago

You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0

3 years ago

Exercise 5-8 Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted-Average Method [LO5-2, LO5-3, LO5-4]

S_A_V [24]

Answer:

1. Calculate the first production department's equivalent units of production for materials and conversion for May.

materials = 275,000 + 50,000 = 325,000
conversion = 275,000 + 12,500 = 287,500

2. Compute the first production department's cost per equivalent unit for materials and conversion for May.

materials = $169,000 / 325,000 = $0.52
conversion = $253,000 / 287,500 = $0.88

3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May.

materials = 50,000 x $0.52 = $26,000
conversion = 12,500 x $0.88 = $11,000
total = $37,000

4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May.

materials = 275,000 x $0.52 = $143,000
conversion = 275,000 x $0.88 = $242,000
total = $385,000

Explanation:

Beginning WIP 70,000 units

materials $56,100

conversion $16,400

Ending WIP 50,000 units

100% completed for materials (50,000 EU)

25% completed for conversion (12,500 EU)

units started 255,000

total units transferred out 275,000

materials cost added during the period = $112,900

conversion cost added during the period = $236,600

7 0

3 years ago

4) Which of the following is least likely to be your primary health care provider?

Lelechka [254]

An allergist cannot be a primary care provider.

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3 years ago