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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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Country a is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and
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<span>Country is characterized by tightly knit social groups and it places importance on belonging to​ organizations, families, and other​ groups, it has​ collectivism.
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4 0
3 years ago
Current Attempt in Progress
Allisa [31]

Answer:

Net Increase in cash = $124,200

Explanation:

Note: The correct value for Year 2021 inventory is $510,300 not $10,300.

Also note: See the attached excel file for the statement of cash flows for 2022.

In the attached excel file, the following workings are used:

Workings:

w.1: Increase in accounts receivable = Account receivable in 2022 - Account receivable in 2021 = $237,600 - $205,200 = $32,400

w.2: Decrease in inventory = Inventory in 2022 - Inventory in 2021 = $450,900 - $510,300 = -$59,400  

w.3: Decrease in accounts payable = Accounts receivable 2022 - Accounts receivable 2021 = $105,300 - $116,100 = -$10,800

w.4: Disposal of land = Land in 2021 - Land in 2022 = $270,000 - $216,000 = $54,000

w.5: Purchase of equipment = Equipment in 2022 - Equipment in 2021 = $702,000 - $540,000 = $162,000

Download xlsx
3 0
2 years ago
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial
Nadusha1986 [10]

Answer:

the revised net operating income is   $ 26,400

Explanation:

Effect the Changes on the Units, Selling Price and Fixed Cost as described on the Original Income Statement.

                          Revised Income Statement

Sales( (12,900 units x 2)× ($20 per unit×0.90))      $ 464,400

Variable expenses ( $10× (12,900 units x 2))         ($ 258,000)

Contribution margin                                                  $206,400

Fixed expenses (144,000  + $36,000 )                    ($180,000)

Net operating loss                                                     $ 26,400

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3 years ago
A factor held constant to test the relative impact of the independent variable is known as a:
PSYCHO15rus [73]
The constant in a system is the control. 
6 0
3 years ago
Read 2 more answers
The open innovation technique that involves generating insights based on ideas from massive numbers of people is called Blank___
cricket20 [7]

According to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.

<h3>What is crowdsourcing?</h3>

It refers to a massive collaboration provided by individuals who are not part of an entity or institution.

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Therefore, we can conclude that according to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.

Learn more about crowdsourcing here: brainly.com/question/14490967

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