Answer:
$31.61
Explanation:
In order to determine the amount of interest charged you must first calculate the average daily balance:
average daily balance = [($2,030 x 9) + ($1,450 x 22)] / 31 = $1,618.39
Now we must calculate the daily interest rate:
daily interest rate = 23% / 365 = 0.063%
Finally we multiply the average daily balance times the daily interest rate times the number of days in the billing period:
interest charged = $1,618.39 x 0.063% x 31 days = $31.61
Taxes are automatically withdrawn from paychecks.
Answer:
169,000
Explanation:
Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:
First step is to calculate the amount assumed to be exercised
Exercised amount= 30,000*$7 / $15avg
Exercised amount= 14,000
Second step is to calculate the Net
Net=30,000-14,000
Net= 16,000
Now let calculate The number of shares to be used in computing diluted earnings per share
Using this formula
Number of shares=Outstanding+Net
Let plug in the formula
Number of shares=153,000 +16,000
Number of shares= 169,000
*diluted eps=$28,000 /169,000
Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 169,000
Answer:
The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.
Explanation:
The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 can be calculated using the following formula:
Interest expenses deductible = (Taxable interest / Total interest) * Interest expenses .................... (1)
Where;
Taxable interest = $1,200
Total interest = $6,000
Interest expenses = $500
Substituting the values into equation (1), we have:
Interest expenses deductible = ($1,200 / $6,000) * $500
Interest expenses deductible = 0.20 * $500
Interest expenses deductible =$100
Therefore, the amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.
A. captive-product pricing
Gillette charges a fairly low price for their razors (relative to costs) and a high price for razor blades. they are using a strategy of __________ pricing.
