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Paul [167]
2 years ago
12

Last year you forgot to pay a total of three department store monthly statements. Two of the three charged you a $35 fee for thi

s and one store charged you $25. You also forgot to pay your monthly credit card bill twice and the credit card company penalized you $30 per oversight and raised the interest rate on your credit card balance of $400 to 18% from 8% for the remaining 4 months of the year. This year you switched to online banking with automatic payment. What did online banking with autopay save you?
Business
1 answer:
myrzilka [38]2 years ago
7 0

Answer:

$168

Explanation:

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Nidal Company reported inventory in the 2020 year-end balance sheet, using the FIFO method, as $185,000. In 2021, the company de
Ksenya-84 [330]

Answer:

Dr Retained earnings $14,000

Cr Inventory $14,000

Explanation:

There is a need to make adjustment to the inventory . Therefore,

Adjusted inventory

= New method of $171,000 - Old method of $185,000

= $14,000 decrease

It is to be noted that a lower inventory will have high costs associated with goods sold hence reduces profit/net income for the previous year by $14,000.

Also, the net income reports to retained earnings account hence decreases retained earnings.

Having made the above adjustment, we can assume that the average cost method was used for 2020 books.

3 0
3 years ago
Read 2 more answers
As a contemporary manager, your employees will perceive that their opinions are more valued if: you provide settings where emplo
erma4kov [3.2K]

Answer:

 you provide settings where employees have the opportunity to converse with all levels of management.

Explanation:

In simple words, employees feel motivated and values when they fell involved in the decisions inside the organisation, as these decisions affects them too.

    Generally, the core decisions in any organisation are taken by top managers but they too are dependent on lower level managers for the data they receive. Hence, a network should be set for employees so they can give their suggestions to  all levels of managers.

6 0
3 years ago
Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345. 40. What is Andrew’s net federal inc
ASHA 777 [7]

Based on the information given Andrew’s net federal income tax rate is c. 11.8%.

Using this formula

Net federal income tax rate=Federal income taxes / Taxable income

Where:

Federal income taxes= $5,345.40

Taxable income=$45,300

Let plug in the formula

Net federal income tax rate=$5,345.40/$45,300

Net federal income tax rate=0.118×100

Net federal income tax rate=11.8%

Inconclusion Andrew’s net federal income tax rate is c. 11.8%.

Learn more here:brainly.com/question/11886585

8 0
2 years ago
LAN security policies center on issues concerning connectivity; this includes determining how devices adhere to the network. Amo
Aloiza [94]

Answer:

The correct answer is controlled maintenance.

Explanation:

It is the maintenance whose mission is to maintain a certain level of service in the equipment, programming the interventions of their vulnerable points at the most appropriate time. It usually has a systematic character, that is, it intervenes even if the team has not given any symptoms of having a problem.

Some data transmission networks mess up the messages they send, so if the messages are sent in a certain sequence, they are not guaranteed to arrive in that same sequence. To solve this, the protocol must incorporate a mechanism that allows it to reorder the messages at the destination. This mechanism can be the numbering of the fragments, for example.

8 0
2 years ago
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Continent Construction Company is a building contractor specializing in small commercial buildings. The company has the opportun
Tpy6a [65]

Answer:

1. Job A is considered for recommendation

2. Accept B

Explanation:

1. We calculate contribution for A and B

For job A

$(800000-250000-260000-40000-26000)

= $224000

For job B

$(750000-220000-310000-30000-29000)

= $161000

We compare the costs of both jobs. A has more contribution compared to B so we consider A.

2. A is no longer available

We add supervisors salary as well as insurance as additional costs

$(750000-220000-310000-30000-29000-70000-18200)

= 72800

The contribution from b is positive so the decision is to accept it.

3 0
2 years ago
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