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2 years ago

Explain why you have to pay late fees with a credit card, but not with a debit card?

2 answers:

5 0

Answer: you are barrowing money with a credit card but with a debit card it is coming strait out of your checking account.

Explanation:

MAXImum [283]2 years ago

3 0

Answer:

because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card

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Your broker called earlier today and offered you the opportunity to invest in a security. As a friend, she suggested that you co

Simora [160]

Answer:

Everything else being equal, you should invest if the discounted value of the security's expected future cash flows is greater than or equal to the current cost of the security.

Explanation:

You would use the capital budgeting technique known as net present value (NPV) . In order for a project or investment to be accepted, the sum of the present values of future cash inflows generated by the project should be greater than the initial amount invested or the initial cost. If the PV of the future cashflows is lower than the initial cost of capital, the investment would be rejected. On the other hand, if they are equal, the investor would be indifferent between accepting or rejecting the investment.

3 0

3 years ago

-2x^2y, if x=-3 and y=-1

REY [17]

It would be 6 because -2x-3= 6 and the exponent comes out to one so 6 times nothing is 6. :)

3 0

2 years ago

On August 1, 20Y7, Rafael Masey established Planet Realty, which completed the following transactions during the month:

Sphinxa [80]

Answer:

a. Dr Cash 17,500

Cr Common Stock 17,500

b. Dr Supplies 2,300

Cr Account payable 2,300

c. Dr Cash 13,300

Cr Sales commission 13,300

d. Dr Rent expense 3,000

Cr Cash 3,000

e. Dr Account payable 1,150

Cr Cash 1,150

f. Dr Dividend 1,800

Cr Cash 1, 800

g. Dr Automobile expense 1,500

Dr Miscellaneous expense 400

Cr Cash 1,900

h. Dr Salaries expense 2,800

Cr Cash 2,800

i. Dr Supplies expense 1,050

Cr Supplies 1,050

Explanation:

Preparation of Journal entry

a. Dr Cash 17,500

Cr Common Stock 17,500

b. Dr Supplies 2,300

Cr Account payable 2,300

c. Dr Cash 13,300

Cr Sales commission 13,300

d. Dr Rent expense 3,000

Cr Cash 3,000

e. Dr Account payable 1,150

Cr Cash 1,150

f. Dr Dividend 1,800

Cr Cash 1, 800

g. Dr Automobile expense 1,500

Dr Miscellaneous expense 400

Cr Cash 1,900

(1,500+400)

h. Dr Salaries expense 2,800

Cr Cash 2,800

i. Dr Supplies expense 1,050

Cr Supplies 1,050

8 0

2 years ago

Assume that you contribute $300 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $

dmitriy555 [2]

Answer:

Total FV= $2,555,406.98

Explanation:

Giving the following information:

Investment 1:

Monthly deposit= $300

Number of months= 12*45= 540

Interest rate= 0.09/21= 0.0075

Investment 2:

Monthly deposit= $500

Number of months= 12*20= 240

Interest rate= 0.09/21= 0.0075

To calculate the future value, we need to use the following formula on each investment. I separated into two to simplify calculations.

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Investment 1:

FV= {300*[(1.0075^540) - 1]} / 0.0075

FV= $2,221,463.54

Investment 2:

FV= {500*[(1.0075^240) - 1]} / 0.0075

FV= $333,943.44

Total FV= $2,555,406.98

7 0

3 years ago

On January 2, 2016, Alpha Corporation issued 15,000 shares of $10 par value common stock for $15 per share. On March 1, 2016, Al

erik [133]

Answer:

Given:

On January 2, 2016:

Issued 15,000 shares of $10 par value

Common stock for $15 per share

On March 1, 2016: Alpha reacquired 1,000 of these shares when they were trading $20 each.

On September 1, 2016: Alpha reissued 500 shares of treasury stock at the going market rate of $25 per share.

3 0

3 years ago