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3 years ago

True if you pay only the minimum amount each month towards your credit card bill?

1 answer:

5 0

I don't really understand your question but it is bad to pay only the minimum towards your credit card, interest rates will keep adding to your bill.

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Using the percentage of net sales method, uncollectible accounts expense for the year is estimated to be $54,000. If the balance

PilotLPTM [1.2K]

Answer:

The correct answer is c) $72,000

Explanation:

(Using the percentage of net sales method)

Uncollectible accounts expense for the year is estimated to be $54,000

If the balance of the Allowance for Uncollectible Accounts is an $18,000 credit before adjustment.

$54,000 + $18,000= $72,000

The balance after adjustment is $72,000

6 0

3 years ago

Robert is a single taxpayer who has AGI of $145,000 in 2019; his taxable income is $122,000. What is his federal tax liability f

PolarNik [594]

Answer:

His tax liability for 2019 (due April 2020) is $23,359.50

Explanation:

Since Robert s a single filer, he falls under the fourth tax bracket: income between $84,201 to $160,725. His marginal tax rate is 24%, and his total taxes due are as following:

<u>tax rate</u> <u>earnings</u> <u>taxes due</u>

10% $0 – $9,875 $987,50

12% $9,875 – $40,125 $3,630

22% $40,126 – $85,525 $9,988

24% $85,526 – $122,000 $8,754

total $23,359.50

*Option C is the closest one, but it used the 2018 tax brackets, not the 2019.

7 0

3 years ago

The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di

Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

6 0

3 years ago

Read 2 more answers

Why have many consumers changed their views about the value of online content so they are now willing to pay small fees?

satela [25.4K]

Answer:

The reason many consumers have changed their views about the value of online content so that they are now willing to pay small fees for it is that:

The costs and quality of online products and services compare with those in stores. Since online transactions are relatively more secure than physical transactions, people are generally more willing to pay for the secured transactions offered online.

Explanation:

In the modern computer age, many products and services are now being offered online. This makes the physical stores of yesteryears unnecessary. People are even ready to pay some small fee to receive these goods and services through online transactions instead of visiting physical stores to pick their desired products and services. This has reinforced online marketing and delivery of products and services. Many companies are now jettisoning their physical stores to trade online. And customers are finding the experience uplifting, secure, and satisfactory. One can transfer money to distant suppliers of goods and services without leaving their offices and homes. Overcrowding in banking halls and paper expenses are being avoided. Banks are also reducing their physical infrastructure and personnel. These are among the benefits of online content-based transactions.

8 0

3 years ago

What does George’s master decide to do? Make George do field work March George across the country Help George become a gentleman

prohojiy [21]

Based on the events in the book, we know that George's master made George do field work.

This is from the book, Uncle Tom's Cabin.

<h3>What happens in Uncle Tom's Cabin?</h3>

George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.

He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.

In conclusion, option A is correct.

Find out more on Uncle Tom's Cabin at brainly.com/question/1623971.

6 0

2 years ago