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kolezko [41]
3 years ago
14

Which of the follow will happen if you miss a monthly credit card payment? everfy?

Business
1 answer:
MArishka [77]3 years ago
5 0
A late fee will happen
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Majority rule, first-come/first-served, and sharing equally are examples of _____ .
Trava [24]
The examples mentioned above are examples of non-market distribution method, Non-market distribution method is a process wherein the distribution products, services, and goods does not have profit motivation. In most cases, products, goods, and services are offered for a low price.
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3 years ago
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A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re
Temka [501]
A machine would cost $142,000 and the depreciation of $98,000
6 0
3 years ago
Redwood Corporation is considering two alternative investment proposals with the following​ data: Proposal X Proposal Y Investme
Nady [450]

Answer:

6.1%

Explanation:

As per given data

                                                             Proposal X     Proposal Y

Investment                                           ​$900,000      ​$488,000

Useful life                                             ​9 years           9 years

Annual net cash inflows for 9 years ​  $130,000       ​$84,000

Residual value  ​                                   ​ $42,000        $0

Depreciation method                          Straight-line   Straight-line

Required rate of return ​                       15%                 ​12%

Accounting rate of return is the ratio of average net income of a project and the average investment made in the project.

Accounting rate of return = Average Net income / Average Investment

As net cash inflows are given we need to deduct the depreciation from the cash flows to arrive at the net income for the period. As all cash flows are constant so, the average value will be equal to the single years value.

Average net income = Net cash inflows - Depreciation = Net cash inflows - ( Cost of Asset - Residual value ) / Useful life of asset = $84,000 - ( $488,000 - $0) / 9 = $84,000 - $54,222 = $29,778

Average Investment  = $488,000

Placing Values in the formula

Accounting rate of return = $29,778 / $488,000 = 6.1%

5 0
3 years ago
Child Play Inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. Within this range, the
Ray Of Light [21]

Answer:

Toys produced                40,000         80,000           120,000

Total costs:

Total variable costs      $720,000     $1,440,000     $2,160,000

Total fixed costs           $600,000      $600,000        $600,000

Total costs                   $1,320,000   $2,040,000     $2,760,000

Cost per Unit

Variable cost                   $18                   $18                     $18

Fixed cost                        $15                  $7.50                   $5

Total cost                        $33                 $25.50               $23

Fixed costs do not change with total output, they are the same regardless so the number of units produced. Variable costs change proportionally to any change in total output. If total output increases, variable costs will increase.

3 0
3 years ago
What is accounts payable​ turnover? A. Purchases on account divided by average accounts payable B. A measure of the number of ti
goblinko [34]

Answer:

The correct answer is letter "D": All of the listed answers are correct.

Explanation:

Accounts Payable Turnover ratio measures the speed at which a company pays its suppliers. The ratio is calculated by dividing the company's total purchases from suppliers by its average accounts payable amount over the same period. The accounts payable turnover ratio measures the liquidity firms have in the short-term.

7 0
3 years ago
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