1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olganol [36]
3 years ago
9

A supplier charges 15% interest on past-due amounts. Interest on a $512 account is $10.52. For how many days must the count have

been overdue assuming the supplier uses a 365-day year?
Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days

Explanation:

ACCOUNT         512  

% Interest           15%  

Annual interest 76,8  

   

 76,8         365

 10,52 x

   

X=50 days  

You might be interested in
Which one of the following is an argument in favor of a low dividend policy? Few, if any, positive net present value projects ar
g100num [7]

Answer: The tax on capital gains is deferred until the gain is realized

Explanation:

The TAX DIFFERENTIAL VIEW of DIVIDEND POLICY is a notion that states that shareholders generally prefer capital gains fo dividend payouts because capital gains are taxed at a lower rate than dividend payouts.

Therefore they would like to pay less tax on dividends and instead wait until they make a capital gain as the taxes on that are less and are only charged after the gain is realized.

This translates to less dividends being paid by companies that follow this logic therefore the 4th option is correct.

4 0
3 years ago
If aggregate demand (ad and nominal gdp (gdp increase while the price level is constant, we would conclude that:
Ivahew [28]
If the aggregate demand is increasing while the price level remains constant, it means that the spending and consumption in a macroeconomic setting is increasing. Given the constant range prices, consumers are now able to spend more therefore pushing the demand higher.
8 0
3 years ago
Read 2 more answers
You just won the lottery, which promises you $200,000 per year for the next 20 years. You receive the first payment today (hint:
dsp73

Answer:

The present value of your winnings is <u>$1,959,555.65</u>.

Explanation:

Since  this is an annuity due as already hinted in the question, the formula for calculating the present value (PV) of an annuity is used as follows:

PV = P × [{1 - [1 ÷ (1 + r)]^n} ÷ r] × (1 + r) .................................. (1)

Where ;

PV = Present value of winnings =?

P = Annual payment = $200,000

r = interest rate = 9.25%, or 0.0925

n = number of years = 20

Substituting the values into equation (1) above, we have:

PV = $200,000 × [{1 - [1 ÷ (1 + 0.0925)]^20} ÷ 0.0925] × (1 + 0.0925)

PV = 200,000 ×8.96821807613347 × 1.0925

PV = $1,959,555.65

Therefore, the present value of your winnings is <u>$1,959,555.65</u>.

8 0
3 years ago
________ involves highly trained employees known as Champions, Master Black Belts, Black Belts, and Green Belts.
gizmo_the_mogwai [7]

Champions, Master Black Belts, Black Belts, and Green Belts are highly trained employees required in six sigma.

What is Six sigma?

Six Sigma is a tool of management and procedures aimed at increasing the capabilities of a business process by lowering the risk of error. Six sigma is a data strategy to defect elimination, failure reduction, and enhancement of the profitability that employs a statistical technique.

Six sigma basically works on some main principles which include focusing on the customer as the customer is considered the king of the market. It helps to identify the areas of problems and wastage of resources and helps to improvise them.

It works on the resolution of issues once the issue gets identified in real-time to avoid any differences in the result and eliminates the elements which decrease customer value.

The concept of six sigma is introduced to bring change in the system through innovation and technology.It encourages flexibility in working by efficient techniques and optimum utilization of resources.

Learn more about six sigma, here:

brainly.com/question/16180406

#SPJ1

3 0
1 year ago
dion made $67,785 Last year . express this number as a single digit times of a power of ten rounded to the nearest ten thousand
slega [8]

Answer:

7 *10^{4}

Explanation:

First, round 67,785 to the nearest ten thousand;

The 6 is in the ten thousands place, since it is greater than 5, it will be rounded up to 7. The number therefore becomes;

=70,000

Next, estimate the 70,000 to a single digit times a power of ten.

Maintain the 7 digit, then find a number that 10 is raised to, to get 10,000;

10^1 =10

10^2 = 100

10^3 = 1000

<em>10^4 = 10,000</em>

Therefore, 7 times 10 ^4 will give you 70,000;

70,000

= 7 *10^{4}

7 0
3 years ago
Other questions:
  • Matthew won the race for student council president partly due to a pledge that he would get the school to put in a swimming pool
    5·1 answer
  • If neither party is satisfied with the national labor relations board's decision, the parties can take the case to the _____ for
    7·1 answer
  • Which of these situations would give rise to the free-rider problem? Items (6 items)
    7·1 answer
  • Wilcox Company has budgeted sales volume of 60,000 units and budgeted production of 54,000 units, while 10,000 units are in begi
    7·1 answer
  • Barry is a self-employed attorney who travels to New York on a business trip during the year. Barry's expenses were as follows:
    9·1 answer
  • A decline in interest rates is expected to __________.
    9·2 answers
  • he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val
    10·1 answer
  • Devon forgets to pay his credit card bill for three months. Which of the following statements is TRUE?
    11·1 answer
  • Amounts withheld from employee's earnings for employee income tax is considered a _____ by the employer until the government is
    12·1 answer
  • a stock is priced at $45 per share. the stock has earnings per share of $3 and a market capitalization rate of 14%. what is the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!