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slavikrds [6]
3 years ago
11

Kayla Sampson, an antiques dealer from Mankato, Minnesota, received her monthly billing statement for April for her MasterCard a

ccount. The statement indicated that she had a beginning balance of $600, on day 5 she charged $150, on day 12 she charged $300, and on day 15 she made a $200 payment. Out of curiosity, Kayla wanted to confirm that the finance charge for the billing cycle was correct. (a) What was Kayla’s average daily balance for April without new purchases?
Business
1 answer:
Mariana [72]3 years ago
8 0

Answer: $493.3

Explanation:

Kayla's average daily balance for April without new purchases will be:

We should note that she has opening balance of $600 for 14 days without purchase, $400 balance for 16 days from April 15-30. This will be:

= [($600 × 14) + ($400 × 16)]/2

= ($8400 + $6400)/30

= $14800/30

= $493.3

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The Management Discussion and Analysis section of the annual report can best be described as:
navik [9.2K]

The Management Discussion and Analysis section of the annual report can best be described as <u>c. Biased but informative</u>.

<u>Explanation</u>:

Biasing is an unfair activity in which the person favors one side and opposes the other. Biased people always exhibit prejudiced thinking.

These kinds of people think only from their side and they don’t think <u>“out of the box”</u>.

The management will be always biased when discussing about the annual report. The report provided by them in the discussion will be informative. But still it will be favored for someone and opposing another person.

5 0
3 years ago
Read 2 more answers
Kimberly wants to learn about the latest developments in agricultural tools and equipment. She attends many trade shows and conf
IgorLugansk [536]

Answer:

<em>d. gaining exposure</em>

Explanation:

<em>The stated event that Kimberly indulge is an example of</em> gaining exposure.

Gaining exposure is basically known as a gain of experience. Exposure has its meaning that is known as experience.

<em>Kimberly wants to gain experience</em> which is also known as gaining of exposure. <em>That is the reason that wants to learn about the up-to-dated development in agricultural equipment and as well as tools.</em>

3 0
3 years ago
The internal customer base for a fire and emergency service organization is made up of employees and members of the organization
Oksana_A [137]

The external customer base of the fire and emergency service organization include members of the public.

<h3>Who are the external customer base?</h3>

An external customer base is made up of customers of a business that are not within the organisation and do not have access to non-public information.

To learn more about external customers, please check: brainly.com/question/14565267

#SPJ1

8 0
2 years ago
Which of the following best describes a liability?
sergeinik [125]
No matter what anyone says a liability is something that cost you money or that you have to spend money to keep
3 0
4 years ago
Holly Farms has sales of $581,600, costs of $479,700, depreciation expense of $32,100, and interest paid of $8,400. The tax rate
Zepler [3.9K]

Answer:

B. $35,612

Explanation:

The net income which shall be earned by the Holly Farms shall be determined through following mentioned formula:

Sales                                    $581,600

Costs                                   ($479,700)

Depreciation expense        ($32,100)

Interest expense                 ($8,400)

Income before tax               $61,400

[email protected]%                            ($25,788)

Net income for year            $35,612

So based on the above discussion, the answer is B. $35,612

8 0
4 years ago
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