1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
3 years ago
5

Which method for calculating a credit card balance does not take into account the purchases or the payments made during the curr

ent billing cycle?
Business
2 answers:
Allushta [10]3 years ago
5 0

Answer:

The Adjusted Balance Method Calculation.

Explanation:

The adjustment balance method for calculating credits uses the previous balance from the end of the last credit or billing cycle excluding any payments and billings made during the current billing cycle.

It gives a grace period on new expenditures and if payment are made for the new credits before the last day, there will be no billing charges.

Vaselesa [24]3 years ago
3 0

Answer: previous

Explanation:

You might be interested in
tổng giám đốc của một doanh nghiệp sản xuất so sánh lợi nhuận của doanh nghiệp trươc và sau thời điểm đầu tư một dây chuyền sản
Nikitich [7]

Answer:

https://dangcongsan.vn/bao-ve-nen-tang-tu-tuong-cua-dang/quan-he-san-xuat-cua-chu-nghia-tu-ban-duong-dai-nhung-gioi-han-khong-the-vuot-qua-589669.html

8 0
3 years ago
Identify a true statement about International Organization for Standardization (ISO) 9000:2000.
NNADVOKAT [17]

Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".

Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.

7 0
4 years ago
Buxmont Manufacturing reported the following year-end balances: Beginning work in process inventory, $40,000; beginning finished
Sever21 [200]

Answer: <em>Cost of Goods Manufactured = $ 660,000</em>

Explanation:

Direct Material Used                                                $ 240,000

Direct labor                                                               $ 250,000

Manufacturing overheads applied                          $ 150,000

Total manufacturing Cost                                        $ 640,000

Add: Work in process                                            $ 40,000

Total Manufacturing cost                                         $ 680,000

Less: Work in process                                            $ 20,000

Cost of Goods Manufactured                                  $ 660,000

7 0
3 years ago
The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000;
andriy [413]

Answer:

Wilkens' days in inventory for 2017 = 60.833

Explanation:

Given:

Sales = $1,800,000

Beginning inventory = $160,000

Ending inventory = $240,000

Gross profit = $600,000

Inventory turnover = 6 times

Wilkens' days in inventory for 2017 = ?

Computation of Wilkens' days in inventory for 2017:

Wilkens' days in inventory for 2017 = Number of days in a year / Inventory turnover

Wilkens' days in inventory for 2017 = 365 / 6 times

Wilkens' days in inventory for 2017 = 60.833

7 0
4 years ago
If any, which of the following statements is FALSE?A. NPV measures the value created by taking on an investmentB. NPV indicates
dedylja [7]

Answer:

C. NPV is the discounted present value of a project's expected future accounting net income at the required return, subtracting the initial investment.

Explanation:

NPV means Net Present Value, this is calculated by computing the present value of cash returns and not the accounting income, as accounting income takes in account non cash items also, although while computing returns the non cash transactions are not considered.

Therefore the chosen statement which states about accounting income less initial investment is false as even in case the project requires additional mid term investment then that is also considered.

Thus, false statement is

Statement C

3 0
3 years ago
Other questions:
  • A__________ gap exists when a firm knows what it needs to do to meet customers' service expectations but sometimes fails to do i
    15·1 answer
  • Steve Hamilton of Hamilton Supply Co. needed to purchase a new hydraulic lift that was high in quality and durability, yet low i
    9·1 answer
  • Sue, a vita/tce site coordinator, was watching the local news when she saw aaron, a new tax law-certified volunteer, in a story
    5·1 answer
  • Rollins Corporation is estimating its WACC. Its target capital structure is 20% debt, 20% preferred stock, and 60% common equity
    15·1 answer
  • Swifty Inc. and Blossom Co. have an exchange with no commercial substance. The asset given up by Swifty Inc. has a book value of
    6·1 answer
  • At February 1, 2022, the balance in Wildhorse Co. supplies account was $3780. During February Wildhorse purchased supplies of $3
    5·1 answer
  • What is the expected constant-growth rate of dividends for a stock currently priced at $50, that just paid a dividend of $4, and
    7·1 answer
  • Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can b
    7·2 answers
  • Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at
    9·1 answer
  • One of the major disadvantages of a sole proprietorship is the: Group of answer choices Possibility of disagreements between own
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!