Hey there,
Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?
</span>1.5% of 845 is 12.675
So by round this above, your correct answer would be <span>12.68
Hope this helps</span>
Answer:
$ 925
Explanation:
Data provided:
Credit sales = $ 43,000
Collection of credits = $ 34,000
Amount written off = $ 675
Estimated uncollectible amount at the year end = $ 250
Now,
the bad debt expenses will be the total amount that has not be recovered back
i.e the amount written off + uncollectible amount
or
bad debt expenses = $ 675 + $ 250 = $ 925
<u>Answer:</u>Option C
<u>Explanation:</u>
Dividend means the portion of profit which the company plans to distribute it to the shareholders of the company. When there is a dividend increase it signals that the company will have future positive results. The dividend increase is a forecast of the company's future profitability.
The shareholders will also know that company will have positive performance in the future. The information is useful for the investors as this also indicate a positive cash flow in the company's financial statements.
Answer:
$6,500
Explanation:
Capit gain on sales = sales of interest by Yong -basis of Yong in the LLC interest
Sales of interest by Yong $17,500
Less Basis of Yong in the LLC interest $11,000
Gain $6,500
Therefore Yong will tend to recognize a gain of $6,500 because he makes a sale of $17,500 in which his basis in the LLC interest was $11,000 making him to have a capital gain of $6,500
A high Deductible Plan will get you the least out of pocket expenses
