FALSE. Pay down the credit card, 100%, FIRST because it's probably the most expensive credit you have. Don't put things on the credit card that you won't be able to pay for this month.
$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.
The answer is 60.
Answer:
d. 108 days
Explanation:
Average Inventory = (Beginning balance + Ending balance) / 2
Average Inventory = ($139,000 + $158,000) / 2
Average Inventory = $297,000 / 2
Average Inventory = $148,500
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Inventory Turnover ratio = $501,000 / $148,500
Inventory Turnover ratio = 3.37 times
Average days to sell inventory = Days in a year / Inventory Turnover ratio
Average days to sell inventory = 365 days / 3.37 times
Average days to sell inventory = 108.31 days
Answer: I think the train fare.
Explanation:
Not sure if answer is correct. Sorry if I am wrong.