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Marizza181 [45]
3 years ago
14

What is a credit card balance?

Business
1 answer:
Sonbull [250]3 years ago
7 0
The money you still owe to the credit card company
(D)

You might be interested in
Typically, salary of a job grows when: *
Oliga [24]

Answer:

D

Explanation:

motivation, desire, and attitude are the most important aspects when it comes to your job. Having your boss like you is great and all, but it won't get you a raise.

6 0
3 years ago
The internal rate of return method is used to analyze a $831,500 capital investment proposal with annual net cash flows of $250,
Umnica [9.8K]

Answer:

annuity factor for 20% and 6 periods = 3.326

Explanation:

the IRR represents the discount rate at which a project's NPV = 0

NPV = initial outlay + PV of future cash flows

NPV = 0

initial outlay = -$831,500

PV of future cash flows = $831,500 = cash flow x annuity factor

annuity factor = $831,500 / $250,000 = 3.326

using an annuity table and looking for the annuity factors for 6 periods, we find that the annuity factor for 20% and 6 periods = 3.326.

So our IRR = 20%

5 0
3 years ago
Caroline is an unmarried single mother of a 14 year old son in 2020. Caroline's spouse and the son's father, Frank, died during
joja [24]

Answer:

the income tax liability for the year 2020 is $9,680

Explanation:

The computation of the income tax liability for the year 2020 is as follows:

= (Adjusted gross income) - (itemized deductions) × tax rate

= ($54,000 - $10,000) × 0.22

= $44,000 × 0.22

= $9,680

We assume the tax rate be 22%

hence, the income tax liability for the year 2020 is $9,680

3 0
3 years ago
One of the objectives of facility location analysis is to select a site with the lowest total cost.
LUCKY_DIMON [66]

Answer:

The correct answer is E

Explanation:

Product life cycle costs is the cost which is linked or associated with the product for the whole life cycle of the product. It traces the revenues or costs of each and every product over the calendar years or periods throughout the whole life cycle.

So, this cost will be included in the analysis as the hidden costs.

6 0
3 years ago
Lena Holden began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During J
vlabodo [156]

Answer:

ASSETS = LIABILITIES + EQUITY

75,000  =                  +  75,000

(1,500) =                  +  (1,500)

10,000  =    10,000  +

2,500  =                  +  2,500

8,000  =                  +  8,000

-          =                  +

(3,000) =                  +  (3,000)

 -          =                  +

(10,000) =  (10,000)         +

(1,000) =                  +  (1,000)

80,000  =     0           +  80,000

Explanation:

Accounting equation is the foundation of dual entry bookkeeping  system. It is also known as the balance sheet equation that shows the relationship between ASSSETS, LIABILITIES AND EQUITY. Total assets must be equal to total liabilities + Equity due to the dual entry system otherwise, it is an indication of descrepancy in during the recording.

6 0
3 years ago
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