Answer:
The new monthly balance will be $618.235.
Explanation:
Since you have a credit card account with a previous balance of $ 635, and you added two additional purchases for $ 75 and $ 50 during this billing period, and then you made a payment of $ 150 and your APR is 16.5%, to determine what is your new balance using the adjusted balance method, the following calculation must be performed:
(635 + 75 + 50 - 150) x (1 + 0.165 / 12) = X
610 x 1,0135 = X
618.235 = X
Thus, the new monthly balance will be $618.235.
Answer:
Distribution systems allocate endless goods and services.a.)
Answer:
Option 3
Explanation:
Earnings & profits (E&P) is the measure of a corporation’s economic ability to pay dividends to its shareholders. An up-to-date E&P calculation is important for many corporate transactions, including determining whether a distribution to shareholders is a taxable dividend.
The E&P allocated to Andrew's distribution
= 160,000 * 150,000/(350,000+150,000)
= 160,000 * 150,000/500,000
= 48,000
Option C
Answer:
3. Franchisors may suffer a loss of control over how their technology and brand names are used.
Explanation:
If the brand name/reputation is tarnished somewhere, it affects every franchisor