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4 years ago

Which of the following is a feature of a credit card ?

Business

1 answer:

Sergio [31]4 years ago

5 0

The answer should be D if not it's A

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On July 1, a company sells 8-year $250,000 bonds with a stated interest rate of 6%. If interest payments are paid annually, each

SIZIF [17.4K]

Answer:

The correct answer is "$15,000".

Explanation:

Given:

Value,

= $250,000

Interest rate,

= 6%

The Interest Payment will be:

$Value\times Interest \ rate$

= $250,000\times 6$ %

= $15,000$ ($)

6 0

3 years ago

Depreciation on the company’s wind turbine equipment for the year is $6,200. The Prepaid Insurance account for the solar panels

GrogVix [38]

Answer & Explanation:

depreciation expense 6,200 debit

accumulated depreciation wind turbine 6,200 credit

to record depreciation expense

insurance expense 2,000 debit

prepaid insurance 2,000 credit

to record expired insurance

unearned revenue 2,200 debit

service revenue 2,200 credit

to record service paid in advance

wages expense 2,400 debit

wages payable 2,400 credit

to record accrued wages for the period

interest receivable 520 debit

interest revenue 520 credit

to record interest earned for the period.

8 0

3 years ago

Tyson foods, the nation's largest poultry-processing company with profits of $403 million in 2004, was penalized for the deaths

Nitella [24]

The penalty in that case was just around $4 million.

$4 mil/$43 mil = .093 %

7 0

4 years ago

Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:

SSSSS [86.1K]

Answer:

Estimated manufacturing overhead rate= $18 per direct labor hour

Explanation:

Giving the following information:

Estimated manufacturing overhead for the year $ 37,080

Estimated direct labor hours for the year 2,060

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 37,080/2,060

Estimated manufacturing overhead rate= $18 per direct labor hour

4 0

4 years ago

Can someone explain the relationship between consumer expectations and economic performance?

maks197457 [2]

If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.

5 0

3 years ago