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Mashutka [201]
3 years ago
11

Jose loses his credit card at a crowded city park. He notifies his credit card company immediately. Five days later, $4,507 is c

harged on the card. How much of those charges is Jose liable for?a• $25.00.b• $50.c• 50% of the charges incurred.d• The entire amount.
e• Nothing.
Business
1 answer:
Ivanshal [37]3 years ago
5 0

Answer:

e• Nothing.

Explanation:

If your credit card is stolen, federal law establishes a maximum liability of $50 for any purchases made before you report the loss. In this case, we are told that Jose reported the loss immediately, so there should be no time for someone else to make any illegal purchases. The credit card company should not allow any purchases after Jose notified the loss.

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What is speculative risk?
Stels [109]

Answer:

A speculative risk is uncertain degree of gain or loss.                                                            Every speculative risk are made as conscious choices and are not just a result of uncontrollable circumstances.

Explanation:

It's basically a conscious choice you made!

3 0
3 years ago
Gardner Machine Shop estimates manufacturing overhead costs for the coming year at $ 302 comma 000$302,000. The manufacturing ov
Ainat [17]

Answer:

$140,309.20

Explanation:

The computation of the manufacturing overhead is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $302,000 ÷ 5,000 hours

= $60.4

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 2,323 hours × $60.4

= $140,309.20

This is the answer but the same is not provided in the given options

8 0
3 years ago
Wanda Sotheby purchased 120 shares of Home Depot stock at $148 a share. One year later, she sold the stock for $140 a share. She
Archy [21]

Answer:

Return on investment =  -0.71%

Explanation:

<em>The return on investment is the sum of the dividends earned and capital gains made during the holding period of the investment.  </em>

<em>Dividend is the proportion of the profit made by a company which is paid to shareholders.  </em>

<em>Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal</em>.  

Therefore, we can can compute the return on the investment as follows:  

Total  Return on investment =  

(Capital gain/ loss + dividend )/purchase price × 100  

Capital loss = (184 -140) × 120 = - 480

Dividend = 427

Commission = 34 + 39 =-73

Net loss on investment = - 480 - 73 + 427= -126

Return on investment = -126 /(148× 120) = -0.71%

Return on investment =  -0.71%

5 0
3 years ago
Many economists propose finding ways to include the harmful environmental and health costs of producing and using goods and serv
Stella [2.4K]

Answer:

correct answer is full cost pricing

Explanation:

this practice called as full cost pricing

because full cost pricing is that when the price of any product is calculate by an organization on the base of per unit direct cost of output and we add there markup for cover the overhead cost and profit

so here Full cost pricing also including harmful environmental effect and the health cost of the goods and services in  market price

so correct answer is full cost pricing

8 0
3 years ago
Hong le buys a car costing $14,000. he agrees to make payments at the end of each monthly period for 4 years. he pays 7% interes
DerKrebs [107]
Use the formula of the present value of an annuity ordinary to find the monthly payment
The formula is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 14000
PMT monthly payment?
R interest rate 0.07
K compounded monthly 12
N time 4years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=14,000÷((1−(1+0.07÷12)^(
−12×4))÷(0.07÷12))
=335.25

Total payments
335.25×12 months×4years
=16,092

Total amountof interest
16,092−14,000
=2,092

Hope it helps!
3 0
4 years ago
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