All categories

3 years ago

1.

2 answers:

8 0

Answers for 1 & 2 are provided.
1. Another name for credit cards.
2. Always pay more than the minimum due (unless you want to pay more for your purchases in the long run).

KATRIN_1 [288]3 years ago

5 0

The correct answer to this question is this one:

1 b. must have their balances paid in full each month. Charge cards must have their balances paid in full each month
<span>
2 c. minimum due. </span>You should always pay more than the minimum due.
<span>
3 b. $2,739.11. </span>You have $2,675.00 on a credit card with a 15.75% APR. You miss your minimum payment and there is a late fee of $29.00. Your balance at the beginning of the second month is $2,739.11

You might be interested in

Same company as in RA 5.3: Stock price of $42, earnings of $2.12 per share during the last twelve months, forecasted earnings of

luda_lava [24]

Answer:

P/E ratio = $14.78

Explanation:

Market value per share = $42

earning per share = $ 2.84

As we know that:

Price earning ratio = market value per share / earning per share

= $42 / 2.84

= $14.78

Price earning ratio is an indicator to investor whether to invest in this company long term or not.

6 0

3 years ago

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

alina1380 [7]

Answer:

Explanation:

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

a. Cash used for purchase of office supplies, $2,300.

b. Cash provided from consulting to customers, $49,600.

c. Cash used for purchase of mining equipment, $81,000.

d. Cash provided from long-term borrowing, $68,000.

e. Cash used for payment of employee salaries, $24,800.

f. Cash used for payment of office rent, $12,800.

g. Cash provided from sale of equipment purchased in c. above, $23,300.

h. Cash used to repay a portion of the long-term borrowing in d. above, $44,000.

i. Cash used to pay office utilities, $5,100.

j. Purchase of company vehicle, paying $10,800 cash.

Required:

Calculate cash flows from operating activities.

Answer:

Explanation:

d. Ca

.v]l\[lf[p]f\fr;f7f,c7v;,v ],\],t\],\, [t b[' l] ] l,m 5 eg;l, t tp;l,t b2

7 0

3 years ago

On a common-size balance sheet all accounts for the current year are expressed as a percentage of:

OLga [1]

Answer:

d. Total assets of the current year.

Explanation:

All accounts of the current year regardless of their nature, what I mean with this is that any account could add or subtract, all that kind of operations at the end give you the total result of the current year, and every account of the respective year could be expressed as a percentage of the total assets of the respective year, for example:

Total assets year A $1000 Total assets year A 100%

cash year A $200 cash year A 20%

equipment year A $600 equipment year A 60%

buildings year A $200 buildings year A 20%

Every account correspond to the same year of the calculation.

7 0

3 years ago

Comptel, a world leader in computer hardware, differentiates itself from its competitors by providing excellent after-sales serv

stealth61 [152]

Answer:

Explanation:

The definition of effectiveness, is more externally focused on results. Organizational efectiveness is defined as an external standard of how well an organization is meeting the demands of the various groups and organizations that are concerned with its activities. These groups mide include customers, partners, suppliers and vendors.

To measure the supply chain effectiveness, take a look at not what is just going on within the walls of a company, buy how this is ultimately impacting customers and the supply chain as a whole.

3 0

3 years ago

The sales manager meets with the accounting manager in order to clarify aspects of the sales compensation program. This meeting

Dima020 [189]

Answer:

The answer is Lateral communication.

Explanation:

Lateral communication describes the exchange of ideas or information between people who belong to a peer group, community, department or unit of an organization.

Such people must be of the same rank or hierarchical level and the purpose of the communication between them should be aimed at coordinating activities in order to achieve a common goal.

As you might have observed in the question, the sales manager and accounting manager are both mangers (the same hierarchical level) and belong to the same department of the organization.

4 0

3 years ago