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Ymorist [56]
3 years ago
12

. Which of the following typically have the highest fees?

Business
1 answer:
Usimov [2.4K]3 years ago
7 0
The answer is Payday Lender.
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. it's also any exercise that convinces a borrower to simply accept unfair phrases through misleading, coercive, exploitative or unscrupulous moves for a mortgage that a borrower would not want, does not want or can not have the funds for.
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January 12, purchased supplies for cash, to be used all year, $3,850; December 31, physical count of remaining supplies, $850
astra-53 [7]

At some stage in the period, the corporation purchases an additional $three,700 of workplace components for coins. by the give-up of the duration, only $850 of workplace elements remains.

Whilst you buy workplace materials for your company, the purchase impacts the components price account (fairness subaccount) and the coins account (asset). document the purchase through growing the substances price account with a debit and decreasing the coins account with a credit.

Purchase of materials for coins is recorded inside the coins and substances bills. if you buy your supplies on credit score, and it's far a huge sufficient amount that you are in all likelihood to use it over more than one accounting duration, then your liabilities, in terms of money owed payable, boom, and your modern-day belongings growth as well.

Supplies bought from a supplier the usage of credit: The resources cost account is debited and the accounts payable account is credited. inventory purchased from a provider they use of coins: The stock account is debited and the coins account is credited.

Learn more about supplies for cash here: brainly.com/question/3625390

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6 0
2 years ago
Which savings account will earn you the most money?
Masja [62]

Answer:

One that earns Daily

Explanation:

5 0
3 years ago
What is the proper estimate for the cost of preferred stock in estimating a company's WACC?a. The estimated cost of newly issued
Yuliya22 [10]

Answer: Option A

                       

Explanation: In simple words, WACC refers to the cost of total capital that a company has borrowed form the market in its weighted average form. It includes all sources of debt whether retained earning, equity, debt or preferred stock.  

While calculating WACC the analyst takes the market value of the capital sources into consideration, thus, in case of preferred stock the cost of newly issued preferred shares must be taken as they depict the actual cost that the company has to bear.

8 0
4 years ago
Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n) __________ d
kvasek [131]

Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n)<u> inside </u>director.

A director is a person on the company's board of directors who acts as the governing body of the organization. The board of directors, often elected by the company's shareholders, creates policy for the company as a whole and oversees leadership positions in the organization. They guide, advise and run the organization.

Board members are part of the governing body of the organization. Committed to the long-term interests of the organization, they meet regularly to oversee and direct operations, set policy, approve business decisions, evaluate operating performance, and carry out fiduciary responsibilities.

The board membership application process includes several steps. In most corporate boards, a nominating committee interviews candidates and decides who should join the board. Board members then vote on whether to elect the candidate selected by the nominating committee.

Disclaimer: Learn more about board members here  brainly.com/question/28140899

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4 0
1 year ago
A share of preferred stock pays a quarterly dividend of $2. 50. if the price of this preferred stock is currently $50, what is t
Ainat [17]

The nominal annual rate of return is 20%

Given,

Annual dividend = $2.50(4) = $10. rps

= Dps/Vps = $10/$50 = 0.20 = 20%

The nominal rate of go back is the quantity of cash generated by way of an investment before factoring in charges such as taxes, funding charges, and inflation. If an funding generated a ten% go back, the nominal rate would equal 10%.

Nominal interest price refers back to the hobby price earlier than taking inflation into consideration. Nominal also can seek advice from the advertised or said interest rate on a loan, without contemplating any fees or compounding of interest.

Learn more about interest here: brainly.com/question/2294792

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6 0
2 years ago
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