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2 years ago

Please help!!

Business

2 answers:

Nezavi [6.7K]2 years ago

5 0

Answer:

false

Explanation:

An overlooked bill won't hurt your credit as long as you pay before the 30-day mark, although you may have to pay a late fee.

vagabundo [1.1K]2 years ago

4 0

True because if you dont pay your credit card bill your card would go negative and that would be a bad thing

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Christian brought his proposal to Rita before the meeting saying, "I’m sure you have some ideas on this, and we could try to get

nikklg [1K]

Answer:

Consultation

Explanation:

Consultation is asking someone else to recommend enhancements or help . consultation is the second most basic strategy. People who utilise this strategy regularly were bound to be evaluated exceptionally successful. consultation is best used when others have data and experience you don't and when you are willing and ready to follow up on the thoughts and recommendations of others.

3 0

3 years ago

Mitchell Corporation bought equipment on January 1, 2017, and depreciates it using the double declining-balance-method of deprec

vampirchik [111]

Answer:

Book value= $206,400

Explanation:

Giving the following information:

The equipment cost $300,000 and had an expected salvage value of $40,000.

First, we need to calculate the accumulated depreciation:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*[(300,000 - 40,000)/10]= 52,000

Year 2= 2*[(260,000 - 52,000)/10]= 41,600

Book value= purchase price - accumulated depreciation

Book value= 300,000 - 93,600= $206,400

3 0

3 years ago

a mortgagge loan in which the interest rate charged fluctuates with the level of current interest rates is called

solmaris [256]

Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.

An interest rate on a loan or security that fluctuates over time because it is based on an underlying benchmark interest rate or index that is interest rates subject to Variable interest rate regular changes is known as a variable interest rate (also known as an "adjustable" or "floating" rate).

A variable interest rate has the obvious advantage that if the underlying rate or index decreases, so do the borrower's interest payments. On the interest rates other hand, if the underlying index increases, interest payments rise. Fixed interest rates are stable, as opposed to variable interest rates.

Variable interest rate mortgage loans have an interest rate that varies depending on the level of current interest rates.

Learn more about Variable interest rate here

brainly.com/question/2496648

#SPJ4

8 0

2 years ago

At the beginning of the year, Heather's tax basis capital account balance in the HEP Partnership was $85,000. During the tax yea

andreev551 [17]

Answer:

$116,000

Explanation:

Heather’s beginning capital account balance of $85,000

Add basis of the property contributed $6,000

Add Share of partnership income $40,000

Less Partnership distributed ($15,000)

Ending capital account balance $116,000

5 0

3 years ago

Sumner sold equipment that it uses in its business for $31,800. Sumner bought the equipment a few years ago for $79,100 and has

-Dominant- [34]

Answer:

Sumner's has a loss of $-7750 from the sale of the equipment

Explanation:

Solution

Given that:

We compute the amount of profit and loss, few steps will be taken which is given below:

Step 1: we compute the book value of the equipment which is shown below:

Book value = purchase price - depreciation claimed

= $79,100 -$39,550

= $39550

Therefore then book value is $39,550

Step 2: we calculate the amount of Sumner's gain or loss which is shown below:

The gain (loss) is = the value (sale) - book value

= $31,800 - 39550

= -7750

Therefore the loss from the sale of the equipment is -$7750

Which implies that Sumner's has a loss of $-7750

5 0

3 years ago