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3 years ago

What is a debit adjustment on a credit card?

1 answer:

3 0

It is a modification is started by the acquirer to redress a preparing mistake. The mistake could be a duplication of an exchange or the consequence of a cardholder question. The acquirer charges or credits the dealer DDA represent the dollar measure of the modification.

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1. A new furnace for your small factory will cost $27,000 to install and will require ongoing maintenance expenditures of $1,500

Marina CMI [18]

Answer:

payback 3.29 years

NPV 87,158.55

Explanation:

PO 27,000

Cash flow saving Y1

2400 x 3.5 = 8,400

expenditures (1,500)

net savings 6,900

Cash flow saving Y2

The price will increase 0.5

6,900 + 2,400 x 0.5 = 8,100

Cash flow saving Y3 to Y20

The price will increase 0.5

8,100 + 2,400 x 0.5 = 9,300

We have an annuity of 18 years for 9,300 cash

And then we have a cash flow of 6,900

and another of 8,100

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C = 9,300

r = 8%

time = 18

$9,300 \times \frac{1-(1+0.08)^{-18} }{0.08} = PV\\$

PV = 87,158.55

Now this values are years into the future, so we need to bring them to present day.

$\frac{Principal}{(1 + rate)^{time} } = PV$

year 1 principal 6,900

6,900/1.08 = 6,388.89

year 2 principal 8,100

$\frac{8,100}{(1 + 0.08)^{2} } = PV$

PV= 5,915.64

year 3 annuity 87,158.55

$\frac{87,158.55}{(1 + 0.08)^{3} } = PV$

PV= 69,189.27

cash flow - investment = net present value

69,189.27 + 5,915.64 + 6,388.89 - 27,000 = 54,493.8

The payback will be the time perdion when the project recovers it initial cost:

we first add the income from the irregular years and subtract from the investment

6,900 + 8,100 = 15,000

27,000 - 15,000 = 12,000

then we use the general formula investment/cash flow per year

12,000/9,300 = 1.29

the project need the first two years and then 1.29 years

2 + 1.29 = 3.29 years

6 0

3 years ago

Boats R Us requires $800,000 in financing over the next 2 years. The firm can borrow the funds for 2 years at 12% interest per y

a_sh-v [17]

Answer: Short term is less costly

Explanation:

Total interest cost under long term financing = 800,000 × 12% × 2

= 800000 × 0.12 × 2

= $192,000

Total interest cost under short term financing = (800,000 × 7% ×1)+ (800,000 × 13.95% × 1) =

= (800000×0.07×1) + (800,000×0.139×1)

= $167,600

Based on the above solution, Short term financing is less costly.

4 0

3 years ago

Marcus is on a team to plan volunteer opportunities for employees in the company. His role is to handle public communications ab

arsen [322]

Answer:

Marcus should control his emotions

Explanation:

It is natural for Marcus to become angry because of Amy's action. Nonetheless, as team member, he will need to control himself, to be effective as such. Lest such furiosity turn out to become a chaos in a work environment and hinder efficiency, consequently frustrating the aim of the team.

4 0

3 years ago

What is home equity?

shepuryov [24]

Difference between the purchase price of the home and its current market price

3 0

3 years ago

Read 2 more answers

The head of ABC Company announces that the company is going to start a weekend project teaching self-defense techniques to under

Mama L [17]

Answer:

Behavioral component

Explanation:

Attitude is the way we evaluate, prefer or reject a person or something which is determined by the information we have. General, it is how we tend to think or behave in a particular direction about a situation or something which is usually followed by feelings.

Attitude comprises of three components: cognitive, affective, and behavioral components.

The cognitive component of attitudes are the beliefs, characteristics and thoughts which are held by people about an object.

The affective component relates to emotions or feelings such hate, love or fear that are displayed by people toward something.

The behavior component of an attitude is they way a person intends or expects to behave toward an object. That is, it is an intention to react in a particular way toward an object or a situation.

Therefore, decision of Thomas to register for the project, as he is a trained kick-boxer, reflects the behavioral component of his attitude.

I wish you the best.

6 0

3 years ago