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Iteru [2.4K]
3 years ago
14

Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment

is late, the credit card company charges a $30 late fee.
Business
1 answer:
netineya [11]3 years ago
8 0

Answer: $506.09

Explanation:

Just took the test

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Terra Corporation purchased equipment with a 10-year useful life and zero residual value for $100,000. At the end of the fourth
vazorg [7]

Answer:

Assets increase by $10,000

Total stockholders' equity increases by $10,000

Explanation:

Since in the question, it is given that, the purchase value of equipment is $100,000 and the exchanged value is $110,000

So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000

The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash

3 0
3 years ago
special - time order for 15,000 bird feeders at $ 3,50 per unit Bluebird currently produces and sells . This level represents 80
schepotkina [342]

Answer:

$15,000 Increase

Explanation:

Calculation to determine what the effect on net income will be :

Effect on net income = (15,000 x $3.50) – ($2.50x 15,000)

Effect on net income = $52,500-$37,500

Effect on net income = $15,000 Increase

Therefore If Bluebird accepts this additional business , the effect on net income will be :$15,000 Increase

5 0
3 years ago
The primary reason for the absence of much litigation under foreign competition law is:
Leona [35]

Answer:

III only.

Cultural attitudes toward antitrust law differ.

Explanation:

Competition law is an area of law that seeks to maintain a level playing field for all participants in an industry by protecting them against anti-competitive conduct by companies.

For example two major players in an industry may collaborate to raise price of goods.

However in foreign competition law we have to consider that cultural attitudes towards antitrust law differs. What is accepted in one country may not apply in another. So there is absence of litigation when considering competition in the foreign scene.

3 0
3 years ago
Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil
Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

3 0
3 years ago
Why is management contracting a safe way to get involved in global business?
____ [38]
To increase profits while taking low to no risk as to their current funds<span />
4 0
3 years ago
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