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juin [17]
3 years ago
12

Laura is using rent-to-own store to purchase a computer valued at $1,000. she is paying $25 per week for 104 weeks(2 years). why

might this loan contribute negatively to her financial well-being?
Business
2 answers:
aev [14]3 years ago
5 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
The loan contribute negatively to her financial well-being is because it takes longer for here to finish paying off the credit. 
Anni [7]3 years ago
5 0

Answer:

She is paying 2,6 times the value of the computer.

Explanation:

The computer Laura purchased is valued at $1,000 but she is paying $25 per week for 104 weeks which means that at the end she would have paid $2,600 which is 2,6 times more than the value of the computer which contributes negatively to her financial well-being as she is paying a lot more than the cost of the computer and it is a money that she could have used for something else.

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Journalize each correcting entry discovered during August of the current year: Use page 15 of the journal. Transactions: Aug. 1
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Answer:

Journalizing correcting entries:

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July 30:

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Explanation:

The July 6 entry is difficult to decide the correcting entry since the wrong amount was not given.  There is nothing that can be done with the $160 supplied in the question.

7 0
3 years ago
Celebrities and famous individuals often make __________, or positive statements, about a product based on their personal experi
Alenkasestr [34]

Answer:

It might be endorsement.  

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3 years ago
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mote1985 [20]

Answer:

The cash collected from customers = $230,000

Explanation:

The cash collected from customers to be reported on a direct method statement of cash flows is = Net sales + decrease in accounts receivable.

or, Net sales - Increase in accounts receivable

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