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Zepler [3.9K]
3 years ago
12

A customer calls and says that they are upset because they just received their bill and it is for two months service plus a $20

late fee. They have never had a late payment before. They explain that they moved last month and never received their bill. What would you tell them?
Business
1 answer:
stellarik [79]3 years ago
7 0
Thank you for calling. I am here to help you. What is you account number? Oh, I see it here. Let's start by updating you information so this won't happen again. Ok, you are updated. Now I see that this bill is for two months. Are you going to be able to pay in full? Ok, I will adjust your account and credit you $20.00 please don't hesitate if you need any other help, just call.
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enot [183]
Fixed cost : The type of cost that will stay the same regardless how much products you created.
Cost per unit for 80 widgets : 8000/80 = $1,000
Cost per unit for 100 widgets: $10,000/100 = $1,000
In this case, the fixed cost is 0.

Marginal Cost 
Change in Total Cost / Change in Quantity produce

= ($10,000 - $ 8,000) / (100 -20)

= $ 2,000/20

= $1,000



4 0
4 years ago
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I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate i
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Answer:

2 years

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PV = 3,000

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Number of a payment period = NPER(Rate, PMT, -PV, FV)

Number of a payment period = NPER(18%/12, 150, -3000)

Number of a payment period = 23.96 months

Time to payoff loan = 23.96/12

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Time to payoff loan = 2 years

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Oral evidence in contract disputes is prohibited by:
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3 years ago
On January 2, 20Y4, Whitworth Company acquired 40% of the
Gelneren [198K]

Answer:

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date                  Account Title                                   Debit                      Credit

Jan 2, 20Y4      Investment in Aloof company       $340,000

                          stock

                         Cash                                                                          $340,000

b. Share of Aloof income

Date                  Account Title                                   Debit                      Credit

Dec 31, 2024     Investment in Aloof company       $72,000

                          stock

                         Income of Aloof Company                                        $72,000

<u>Working:</u>

= 40% * 180,000 income

= $72,000

c. Dividend

Date                  Account Title                                   Debit                   Credit

Dec 31, 2024     Cash                                             $4,000

                         Investment in Aloof company                                  $4,000

                         stock

<u>Working:</u>

= 40% * 10,000 dividend

= $4,000

d. Sale of stock  

Date                  Account Title                                   Debit                      Credit

Dec 31, 2024    Cash                                             $405,000

                          Loss on sales of Aloof                 $3,000

                         company stock

                         Investment in Aloof company                                  $408,000

                         stock

<u>Working:</u>

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= $408,000

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No numerical coefficient implies value of 1.

There is only one group of like terms:

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