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3 years ago

Please and thank you

Business

2 answers:

Leto [7]3 years ago

7 0

Answer:

cash advance = To use credit card to get money from a bank machine

Balance transfer = To use one credit card to pay off money owned on a different card

Secured card = To build a good credit rating

Annual percentage rate = To charge interest on unpaid balances.

Explanation:

uysha [10]3 years ago

5 0

1. Annual percentage rate

2. Secured card

3. Cash advance

4. Balance transfer

I hope this helps!

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At the beginning of a year, a company predicts total direct materials costs of $1,010,000 and total overhead costs of $1,270,000

marin [14]

Answer:

1.267 = Overhead Rate

Explanation:

As general approach, the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.

$\frac{Cost\:Of\: Manufacturing\: Overhead}{Cost\: Driver}= $Overhead \:Rate$

In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:

$\frac{1,270,000}{1,010,000}= $Overhead Rate$

Using Direct Materials cost, the rate would be:

$1.257425743= $Overhead Rate$

3 0

3 years ago

Tony works in purchasing for the Epic Electronics on the East Coast. He arrives at work at 6:00 a.m. and leaves by 3:00 p.m. He

Vikki [24]

A. the company is required to hire twice as many people and spend additional funds training these individuals.

B. there is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

C. morning workers are never as productive as afternoon workers.

D. this system will increase absenteeism.

There is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

Answer: Option B.

Explanation:

Flex time is the time that the company or the organisation offers to some of the employees of the organisation which is not the same as the regular working time of the other organisations. These employees who work for flex time sometimes pose to be a problem for the company.

Because of the organisation flex time that has been offered by the organisation to Tony, this will pose a disadvantage and a problem to the company. Tony will not be able to talk in the one hour window talking like the other employees of the company.

5 0

4 years ago

which statement is true The trial balance is completed to ensure that debits and credits are equal in the General Ledger

Semmy [17]

Answer: a. The trial balance is completed to ensure that debits and credits are equal in the General Ledger.

Explanation:

The Trial balance is used to ensure that all totals on the accounts on the debit side are equal to all totals on the accounts on the credit side.

The account totals are each listed on the debit and credit sides of the trial balance and then added up. If the amounts do not tally, it suggests that there is an error in the entries that needs to be fixed.

7 0

4 years ago

Liddy Corp. began constructing a new warehouse for its operations during the current year. In the year Liddy incurred interest o

hjlf

Answer: $20,000

Explanation:

From the question, we are told that Liddy Corp. began constructing a new warehouse for its operations in the current year and that Liddy incurred interest of $10,000 on a working capital loan, and an interest on a construction loan for a warehouse of $70,000. The interest that was computed on the average accumulated expenditures for the warehouse construction was $60,000.

To calculate the amount of interest that Liddy should expense for the year, we add the $10,000 Liddy interest that Liddy incurred on a working capital loan plus the interest on the construction loan for the warehouse of $70,000. We then subtract the expenditure of $60,000 from the value gotten. This will be:

= $10,000 + $70,000 - $60,000

= $20,000

The amount of interest should Liddy expense for the year is $20,000.

7 0

4 years ago

Read 2 more answers

On December 31, 2018, the end of its first year of operations, Wildhorse Associates owned the following securities that are held

maxonik [38]

Answer:

July 1

Dr Cash $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash $9,180

Cr Gain on Sale of Stock Investments $1,530

Cr Stock Investments $7,650

Oct-01

Dr Cash $14,797

Cr Stock Investments $13,152

Cr Gain on Sale of Stock Investments $1,645

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

Explanation:

Preparation of the journal entries

July 1

Dr Cash (5,090 X $2) $10,180

Cr Dividend Revenue $10,180

Aug. 1

Dr Cash (1,050 X $0.50) $525

Cr Dividend Revenue $525

Sept. 1

Dr Cash [(1,020 X $9) ] $9,180

Cr Gain on Sale of Stock Investments $1,530

($9,180-$7,650)

Cr Stock Investments (274 X $7.5) $7,650

(38,175/5,090=$7.5)

Oct-01

Dr Cash [(274 X $54)] $14,797

Cr Stock Investments (274 X $48) $13,152

($50,400/1,050=$48)

Cr Gain on Sale of Stock Investments $1,645

($14,797-$13,152)

Nov 1

Dr Cash $1,199

Cr Dividend Revenue $1,199

(1,199*$1)

8 0

3 years ago