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alina1380 [7]
3 years ago
9

Customer World provides services to customers and allows customers to pay by credit card. On Thursday, a customer purchased a ca

se of flash drives for $65 and used a credit card to pay. The credit card company charges Computer World a transaction fee equal to $0.25 + 2% of the total charge. What is the transaction fee Customer World must pay on this sale?
Business
1 answer:
Triss [41]3 years ago
6 0

Answer:

The answer is $1.55

Explanation:

From the question above, we have the following:

Money spent by customer = $65

Transaction fee = $0.25

Percentage charge = 2% of the total charge

We calculate the total transaction fee as follows:

2% of $65 will be = 0.02 X $65

=> $1.3

Recall that there is a transaction fee = $0.25.

Therefore, total transaction fee:

$1.3 + $0.25

=> $1.55

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"Let's assume that the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural
SOVA2 [1]

Answer: fall; rise

Explanation:

A natural monopoly is a form of monopoly that has a high cost, huge capital base and also a strong economies of scale.

If the government decides to regulate a natural monopoly by forcing them to produce at a point where the natural monopoly's demand curve intersects average cost.

This will lead to a fall in price and there will be a rise in quantity when compared to the natural monopoly if it were allowed to operate unregulated."

3 0
3 years ago
Which section of the business plan should come first but be written last?
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Answer:

C. Executive Summary

Explanation:

Executive Summary is the section of the business plan, which come first but written last as it is the summary of the business plan.

Executive summary is the small portion or section of the large document, which summarizes whole report or document so that anyone who read the executive summary can get brief idea of the whole document, without reading the whole document. It include articles, recommendation, proposals, etc which help to summarize the document.

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The actual manufacturing overhead incurred at Hogans Corporation during April was $59,000, while the manufacturing overhead appl
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Answer:

A. Manufacturing overhead was overapplied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000

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Budgeted Overheads are usually used to compute  the Cost of Goods Sold bu Manufacturing Firms.This is because the use of Actual overheads delays the product costing process.

OverApplied or UnderApplied = Applied overheads-Actual Overheads

and if:

Applied overheads>Actual Overheads we have Overapplied Overheads

Applied overheads<Actual Overheads we have Underapplied Overheads

Overapplied Overheads reduce the cost of Overhead Account and Consequently reduce cost of Sales.

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3 years ago
In each succeeding payment on an installment note: Multiple Choice The amount that goes to interest expense increases. The amoun
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In each succeeding payment on an installment note (C) the amount that goes to decrease the carrying value of the note increases.

<h3>What is an installment note?</h3>
  • An installment note is a type of promissory note in which the principal and interest are paid in predetermined quantities, or set minimum amounts, at certain time intervals.
  • The loan is amortized through periodic principal reductions.
  • An installment note is a legal obligation or responsibility that compels the borrower to return the lender's principal in a series of periodic payments.
  • A lump sum note or balloon loan, on the other hand, demands the borrower to return the entire note principal on a certain date.
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  • The amount that goes to reduce the carrying value of an installment note increases with each subsequent payment.
<h3>Solution -</h3>

As it is given in the definition above that the amount that goes to reduce the carrying value of an installment note increases with each subsequent payment.

Therefore, In each succeeding payment on an installment note (C) the amount that goes to decrease the carrying value of the note increases.

Know more about installment notes here:

brainly.com/question/24317141

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Correct question:

In each succeeding payment on an installment note:

A. The amount that goes to decreasing the carrying value of the note is unchanged.

B. The amount that goes to decrease the carrying value of the note decreases.

C. The amount that goes to decrease the carrying value of the note increases.

D. The amounts paid for both interest and principal increase proportionately.

7 0
2 years ago
Suppose a group of British investors finances the construction of a plant to manufacture bicycles in Houston, Texas.The construc
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As well as yes, the gain would have been driven into GDP because it was part of the final volume of skateboards on the market.

And whenever the company spends it in new manufacturing, and the shareholders receiving a portion of the gain in dividend payments in goods and services find their way back to GDP.

5 0
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