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Ilya [14]
3 years ago
8

How much will be paid in fees if a late payment is made??

Business
1 answer:
skelet666 [1.2K]3 years ago
4 0

If you’re lucky, the lender won’t report that you were late. “The first thing to note is that most lenders do not report missed payments until the account is 30+ days past due,” says Anthony Sprauve, director of public relations for MyFico.com. “Suppose a given credit card payment is due on May 15th (and) the payment is made on May 25th. Technically the payment is late, and fees and interest charges may apply. But in most cases, this late payment would not be reported by the creditor to the credit reporting agencies (CRAs).”

Or it’s possible your lender may overlook for the transgression. Steve Ely, president of eCredable.com, adds: “The larger creditors (like credit card companies) usually have sophisticated analytic models working behind the scenes that take into account your history of payments.  If you’ve been paying on time for a long time, they’re likely to forgive your one late payment, and let it slide.”


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Which of the following is measured by utility? A. The satisfaction a person gets from consumption. B. The cost of adding a singl
Svet_ta [14]

Answer:the satisfaction a person gets from consumption

Explanation:

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Which explains the increase in the price of an item from $10 in 1980 to over $25 today?
Vikentia [17]
Inflation.
stagnation means to stay still, which it didn't. depression was before the 80's, our unemployment rate shouldn't really effect prices that drastically. 
7 0
3 years ago
Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?
mario62 [17]

B) Step 2: Assess the national business environment is part of which step in the screening process for potential markets and sites.

The national environment of a business consists of economic, demographic, natural, cultural and political forces. The external environment of a company is often divided into an economic environment, a political and governmental environment, a sociocultural environment, and an international environment.

A state-owned enterprise is a company that operates within the borders of a particular country. Like local companies, state-owned companies understand the culture of the country and develop products and services to satisfy the market. For example, Donut Time is a donut shop that operates throughout Australia.

The question is incomplete. Please read below to find the missing content.

Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?

A) Step 1: Identify basic appeal

B) Step 2: Assess the national business environment

C) Step 3: Measure market or site potential

D) Step 4: Select the market or site

Learn more about the national business environment here: brainly.com/question/22728969

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4 0
2 years ago
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede
dedylja [7]

Answer:

The Fitness Fanatics’s return on investment (ROI) is 15%.

Explanation:

Return on investment (ROI) can be computed as the ratio of the net operating income to average operating assets as expressed in percentage as follows:

ROI = Net operating income / Average operating assets .............. (1)

Where, for Fitness Fanatics, we have:

Net operating income = $15,000

Average operating assets = $100,000

Substituting this into equation (1), we have:

ROI = $15,000 / $100,000 = 0.15, or 15%

Therefore, the Fitness Fanatics’s return on investment (ROI) is 15%.

7 0
3 years ago
Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation bet
irga5000 [103]

Answer:

Adriana Corporation

Using the High and Low method the Variable and Fixed portions of the Total Cost is:

Fixed Costs = $247,420

Variable Costs = $39.50 Per unit x 8,020 Machine Hours = $316,790

B. at an average of 7,500hrs Machine hours, the estimated Overhead costs = $247,420 x (39.50 x 7,500)

= $543,670

Explanation:

The High and Low Method is a costing method which attempts to split the mix of Fixed and Variable costs in a mixed Total cost of production by looking at one element of variability (in this case Machine Hours)

It is a subjective approach, however simple to calculate. Other method is the regression analysis, which is more complex in comparison to the high and Low

The attached excel file shows how we derived the Variable and Fixed Costs element of the Overhead Costs

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Download xlsx
5 0
3 years ago
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