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
nikklg [1K]
3 years ago
13

If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one

month of interest accrues?
Business
2 answers:
Westkost [7]3 years ago
8 0

Answer:

560

Explanation:

Thats your answer.

lord [1]3 years ago
6 0

Answer:

561

Explanation:

Answer on knowledge matters

You might be interested in
Select the statements that describe working with text in presentation programs.
kykrilka [37]
Here are the statements that describe working with text in presentation programs: 1. Working with text in presentation programs is similar to working with text in other applications. 3. Audience size influences font size. and; <span>4. Font size and font color can be changed in presentations. Hope this helps.
</span>
3 0
3 years ago
Read 2 more answers
Consider the market for paperbound economics textbooks. Explain whether the following events would cause an increase or decrease
ddd [48]

The market price of paper Increases: Supply decreases.

<h3><u>Explanation:</u></h3>

The price and the supply are directly related to each other. This means that when the price of the product increases the supply also increases and vice versa. In the given example, the market for economic textbooks is discussed. The textbook is paperbound.

This means that the supply and the price of the textbook highly depend on the paper price and its marketing conditions. When the market price of the papers increases, it will result in a decrease in the demand that exists for the paper. This ultimately causes the supply of the textbooks to decrease as the manufacturing of textbooks is highly related to the papers.

7 0
3 years ago
Read 2 more answers
Don and Warren formed an equal partnership to build drag-racing vehicles. Don contributed $5,000 in cash, and Warren contributed
nirvana33 [79]

Answer: Record the truck on the books at $4,500 and depreciate it over its remaining recovery period using the straight line method and mid-year convention.

Explanation:

A partnership occurs when two or more people come together and join resources together, make management decisions, share profit and losses and have a common goal towards the achievement of organizational goals.

Based on the information given, the partnership should record the truck on the books at $4,500 which is the adjusted tax basis and then depreciate it over its remaining recovery period using the straight line method and the mid-year convention.

3 0
3 years ago
Which of the following molecules has the highest boiling point?
kolbaska11 [484]

Answer: c. NH3

Explanation:

Ammonia(NH3) has the highest boiling point at -33.34 °C while Methane (CH4) has a boiling point of -161.6 °C and Hydrogen sulfide (SH2) has a boiling point of -60 °C.

This is because Ammonia can form strong hydrogen bonds but which makes it harder to boil than the others.

5 0
3 years ago
For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as foll
Effectus [21]

Answer:

Tringali corporation should report $ 88,288 as the deferred tax liability as of the end of the first year of its operations.

Explanation:

This type of income tax is a liability which a corporation records on its balance sheet because of the difference in revenue recognition between the corporation's accounting practices and the tax laws.

Here for calculating the deferred income tax we will simply calculate the tax rate given on the taxable income of the income and also on the temporary difference in the depreciation.

DEFERRED INCOME TAX LIABILITY =

TAXABLE INCOME X TAX RATE  +  TEMPORARY DIFFERENCE X TAX RATE

= $256,200 X 32% + $ 19,200 X 32%

= $81,984 + $6,304

= $ 88,288

6 0
3 years ago
Other questions:
  • A semiconductor company has established a plant overseas in South Africa, where the power grid is somewhat unreliable. Which of
    7·2 answers
  • Microeconomics focuses on A. inflation and growth in our overall economy. B. decisions made by individual households and firms.
    9·1 answer
  • Turkey Hill Motor Homes currently sells 1,200 Class A motor homes, 2,600 Class C motor homes, and 4,000 pop-up trailers each yea
    12·1 answer
  • Lily's Pastries produces cupcakes, which sell for $5.10 each. During the current month, Lily produced 3200 cupcakes, but only so
    5·2 answers
  • Suppose the government is concerned about firms in the United States importing illegal caviar. As a result, the government incre
    5·1 answer
  • g An increase in taxes when the economy is above full employment ​ ______ aggregate demand and real​ GDP, and the price level​ _
    15·1 answer
  • Selene and Rita are both engineers at a highly innovative technology company. They are both very creative people. Selene has 15
    6·1 answer
  • An advertisement in the local paper offers a "fully loaded" car that is only six months old and has only been driven 5,000 miles
    15·1 answer
  • Newberry, Inc., whose reporting currency is the U.S. dollar ($), has a subsidiary in Argentina, whose functional currency also i
    14·1 answer
  • True or False:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!