1. Guess that the only correct consequence of making credit card payments late is: <span>fees and paying the default interest rate on the balance. There's a non-fee period which is defined by a bank.
2. The most obvious option is: </span><span>Zach and Zach's parents credit may be damaged. He can forget to make the credit payments in time and the bank can make e decision to less the credit amount.
3. As far as I remember, i</span>f interest rates rise, the prices of bonds will d<span>ecrease. It's the cost of borrowing, so that's why I chose that option.
4. I'd choose this one. </span><span>C. About $6.67. First let's discover your daily periodic rate. We need to do this: 16/365 this will be approximately 0.04%.
And now we can count monthly charge. 500*0.0004*30 = 6 (approximately)</span>
<span>The owners equity is the difference between the assets and liabilities of a company. To do this, one would add up all of their assets, including monetary, and add up all potential liabilities. The liabilities are then subtracted from the assets.</span>
Answer:
$16,400
Explanation:
Depreciation for 2020 is calculated as;
= (Cost - Nill value) × 50% × 6/12[July to December)
Given that ;
Cost = $65,600
Depreciation = ($65,600 - 0) × 0.5 × 6/12
Depreciation = $16,400
Therefore, depreciation for 2020 is $16,400.
I think the correct answer from the choices listed above is the second option. Mcdonald's, kfc, baskin-robbins, and aamco all make use of the franchise form of contractual distribution system. <span>The franchisee agrees to all the rules, regulations, and procedures established by the franchisor. Hope this answers the question.</span>
Answer:
$60.80
Explanation:
The value of the stock can be determine by using calculating the present value of the dividend. In this question the dividend of $14.40 will be paid for a specified period of six year. This is a type of annuity and we can calculate the stock value using following formula.
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
where
P is the annual payment means dividend payment of $14.40
r = required rate of return = 12%
n = numbers of years = 6 years
Placing value in the formula
Value of Stock = $14.40 x [ ( 1- ( 1+ 12% )^-6 ) / 12% ]
Value of Stock = $14.40 x [ ( 1- ( 1.12 )^-6 ) / 0.12 ]
Value of Stock = $60.80
