<span>3.846153846%
First we calculate the ratio of the current price of aluminum to the previous year
900 / 800 = 1.125
We then adjust it for the overall price increase
1.125 * 120 / 130 = 1.03846153846
subtract 1 and multiply by 100 to get a percentage
0.03846153846
3.846153846</span>
Those shops which are located in the mid of the mall and operated from there are called as Mall Koisk.
Answer: Accounts Payable
Explanation:
The General Ledger has a record of all the financial transactions that take place in the company. It therefore has an Accounts Payable account that records payables that the company has incurred.
The firm will also have an Accounts Payable Ledger that will also record the payables that the firm has incurred. When the entries have been made in this ledger and also in the General Ledger, the balances should be equal to reflect proper record keeping.
If the balances are not equal then an accounting error has been made that needs to be found and rectified.
Answer:
The minimum monthly payment is $220
Explanation:
The minimum monthly payment is computed as 4% of outstanding balance,hence the minimum payments is computed thus:
4%*$5500=$220
Credit cards are issued financial institutions to their customers to enable make expenditure in advance.The funds being spent is not in the customer's account unlike debit cards where customer's account must have been pre-funded .
On settling the amount owed to the bank,the customer pays interest on the amount borrowed such as the 4% charged in this scenario.
The interest rates charged are most times at single rate.
