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4 years ago

Do you think the interest on payday loans is too high or just right? should christians charge poor people interest on loans

1 answer:

6 0

The average interest on a payday loan is high, roughly 350-450% is added on to the price of the original loan. These loans are typically two week loans, so a person can expect to have around $25 in interest added to every $100 they borrow. These loans are expense to be using on a continuous basis.

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According to the presentation, _____________ systems allow employees to track their performance and receive ongoing feedback. Ta

maksim [4K]

Answer:

The executives programming enables associations to set up representative execution guidelines and empowers chiefs to assess a worker's activity execution in connection to these measures.

Explanation:

Organizations use execution the board programming to encourage important and progressing exchanges among chiefs and direct reports.

The executives programming is most regularly actualized by HR offices to help chief level staff all through different offices assess representatives, direct worker execution surveys, keep up a record of dialog points, and encourage 360-degree criticism.

6 0

3 years ago

Arthur Rabe is suing Xavier Sanchez for breaching a contract in which Sanchez promised to sell Rabe a Van Gogh painting for $150

OLEGan [10]

Answer:

Remedies

a. The suing party is called the plaintiff. The party being sued is the defendant. Therefore, since Arthur Rabe wants to sue Xavier Sanchez. Rabe is the Plainttiff and Sanchez is the Defendant.

b. If Rabe wants Sanchez to perform the agreement as promised, Rabe would seek remedy of Specific performance of Contract from the Court. Failure to do so will attract charges.

c. If Rabe wants the contract to be cancelled, then Rabe would ask the court for a rescission which is the cancellation of a contractual obligation.

d. The term remedies refers to a legal means to enforce a right or redress a wrong. Remedies of law include land, items of value or money. Remedies in equity includes specific performance, injunction and rescission. Thus, both remedies in part b and c are remedies in equity.

e. The party appealing a case is called the appellant or petitioner while the appellee is the party against whom the appeal is taken. So Sanchez would be the appellant and Rabe would be the respondent.

7 0

3 years ago

What type of medisoft report analyzes the revenue of a practice for a specified period of time?

yulyashka [42]

The answer to this question is a practice analysis report. A practice analysis report is a report that is used to analyze the revenues. Also this reports provides a breakdown of the charges, payments, and any adjustments made in a specified period of time. In practice analysis report it can also compare the procedures done and the procedures that are still on hold or not yet done.

5 0

3 years ago

Partial balance sheet data for Diesel Additives Company at August 31 are as follows:Finished goods inventory................$ 89

Tanya [424]

Answer:

Diesel Additives Company

Current Assets section

Materials inventory 26,800

Work in process inventory 61,100

Finished goods inventory 89,400

Supplies 13,800

Prepaid insurance 9,000

Accounts receivable 348,200

Cash 167,500

Total Current Assets 715,800

Explanation:

Current Assets section of Diesel Additives Company's balance sheet at August 31 is shown above.

3 0

3 years ago

The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the

amm1812

Answer:

See the errors identified below.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now given as follows:

The following errors can be identified in the accountant's adjusting entries:

1.The accountant debited the account receivable for $5,000 (i.e. $23,250 - $18,250 = $5,000) without crediting laundry revenue.

Therefore, we should have:

Correct amount of laundry revenue = Laundry revenue in trial balance + (Adjusted account receivable - Unadjusted account receivable) = $182,100 + ($23,250 - $18,250) = $187100

2. The accountant debited laundry suppliers expense instead of crediting laundry suppliers for $3,000.

3. The the accountant credited Prepaid insurance for $3,600 (i.e. $5,200 - $1,600 = $3,600). However, the insurance expense was debited for $600.

4. Instead of crediting accumulated depreciation, the laundry equipment for depreciation expense was erroneously credited by the accountant for $13,000.

5. A debit of $1,000 to wages expense was not made by the accountant.

Additional Note:

After correcting the errors identified above, the correct adjusted trial balance will look as the one in the attached photo.

5 0

3 years ago