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kupik [55]
3 years ago
6

One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per

month. you will charge 1.06 percent per month interest on the overdue balance. if the current balance is $14,880, how long will it take for the account to be paid off

Business
1 answer:
Ahat [919]3 years ago
5 0
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

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A television advertisement claiming that a product is light-years ahead of its time does not make sense because ________.
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A light-year is a unit of distance, and not a unit of time. That is like saying "School will be over in 3 kilometers!".
8 0
3 years ago
As a manufacturing firm builds a plant in Bolivia, it also has to build an airstrip so that it can get the building supplies and
jok3333 [9.3K]

Answer:

The correct answer is letter "B": an underdeveloped infrastructure.

Explanation:

The worldwide market we live in today has allowed companies to <em>outsource </em>their activities to different countries in an attempt to lower production costs and avoid stiff regulations. However, there are many challenges firms have to deal with while starting businesses in foreign regions.  

Depending on the industry of the company, sometimes the firms must invest in countries with underdeveloped infrastructure. It could imply building facilities, bridges, highways or any other infrastructure that will allow the company to conduct its operations normally.

6 0
3 years ago
How might a person’s place in the life cycle influence investment decisions?
vfiekz [6]

Answer:

Student responses will vary, but should include: A young investor has years of earning power and can take greater risks because he/she has time to make-up for losses. An older investor needs more security and current income from their investments because they are using it to retire on or they need it to continually grow so that they can retire.

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3 0
4 years ago
Wright's Warehouse has the following projections for Year 1 of a capital budgeting project. Year 1 Incremental Projections: Sale
Solnce55 [7]

Answer:

option 4 is correct

cash flow is $12000

Explanation:

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Variable Costs = $120,000

Fixed Costs = $40,000

Depreciation Expense = $20,000

Tax Rate = 40%

to find out

operating cash flow

solution

we know cost = Variable Costs+ Fixed Costs

cost = $160,000

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profit is = Sales - cost - expense

profit = $200,000 - $160000 - $20,000

profit = $20,000

and

tax expense = 40% of $20000

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7 0
4 years ago
Assume you have applied for two Scholarships, a merit scholarship And is athletic scholarship the probability that you receive a
Sliva [168]

The probability of receiving a merit scholarship according to the scenario defined is 0.23

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Recall :

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Substituting the values into the relation:

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P(M) = 0.23

Therefore, the probability of receiving a merit scholarship is 0.23

Learn more :brainly.com/question/18153040

8 0
3 years ago
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