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3 years ago

Plz help ASAP!!!!!!

Business

1 answer:

astra-53 [7]3 years ago

7 0

Answer:

The correct answer is letter "C": Pay $250 per month until it’s paid off.

Explanation:

While paying a debt on a credit card, it is recommended for the cardholder to select the shortest length for payoff possible because choosing the largest implies adding more interest and fees to the debt.

In the example, if the principal -the quantity of debt without interest- is $1,000 and the cardholder decides to make $250 payments, it implies the debt will be paid off in 4 months ($1,000/$250 = 4). Then, that is the choice to select if the intention is paying less.

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On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year

Ratling [72]

Answer:

net capitalized cost is = $450000

so correct option is b. $450,000

Explanation:

given data

capitalized software costs = $600,000

expected total sales = 10%

sale = 4 year

net realizable value = $480,000

solution

we find out net capitalized cost of computer software that is

net capitalized cost of computer software is = Year 1 balance - Year 2 amortization ........................1

here we get first Year 2 amortization that is

Year 2 amortization is = capitalized software costs ÷ total projected sale ..............2

put here value

Year 2 amortization = $\frac{600000}{4}$

Year 2 amortization is = $150,000

so here we get net capitalized cost

net capitalized cost is = $600,000 - $150,000

net capitalized cost is = $450000

so correct option is b. $450,000

8 0

3 years ago

Countries with high rates of economic growth tend to have

Romashka-Z-Leto [24]

Answer: A labor force that is more productive

Explanation:

According to the given question, a good productive labor force helps in producing the various types of products and the services in the market and also maintain the economical growth of the country.

The high rates of the economical growth are tends to have a labor force which is more productive as it helps in supplying the finished goods and the services according the demand and the requirement of the customers.

The high productivity helps in increase the economical growth of an organization and also increase the umber of employment in the country.

Therefore, the given answer is correct.

7 0

4 years ago

Hawk Corporation purchased 1,000 Diamond Corporation bonds in 2015 for $500 per bond and classified the investment as securities

jonny [76]

Answer: C) A debit of $200,000.

Explanation:

In 2018, Hawk sold all the Diamond Investment bonds at $700.

The amount of reclassification adjustment would be;

= Sales price - original purchase price

= (1,000 * 700) - (1,000 * 500)

= $200,000

The amount should be debited to reverse the gains recorded over the other years.

3 0

3 years ago

Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department

avanturin [10]

Answer:

d. A debit to Work-in-Process Inventory, Finishing Department of $140,000.

Explanation:

Cost of unit transferred = $4 x 35,000 = $140,000

Cost incurred by mixing department is $4 which so the transfer of cost from mixing department to finishing department will be $140,000 for 35000 units. This cost will be recorded in the work in process inventory account of finishing department. As we know that WIP account has debit nature so same entry will be done to record an expense incurred in mixing department.

4 0

4 years ago

he following information is available for Jacqui's Jewelry and Gift Store: Net Income $5,000 Depreciation Expense 2,500 Increase

strojnjashka [21]

Answer:

$15,000

Explanation:

This can be calculated as follows:

Details Amount ($)

Increase in short-term notes payable 19,000

Decrease in long-term bonds payable (4,000)

Net cash flow from Financing Activities  15,000 

Therefor, net cash flow from Financing Activities $15,000.

3 0

3 years ago