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Tpy6a [65]
3 years ago
7

The annual interest rate on a credit card is 17.99%. If a payment of $200.00 is

Business
1 answer:
Iteru [2.4K]3 years ago
5 0

Answer:

It would take a total of 14.572001 Months to pay off the balance, with interest

Explanation:

$2470.04 Would take 12.6 months to pay off, therefore, you must apply 17.99% yearly interest to this figure.

$2470.04 * .1799 = $444.36 interest

Principal + interest = total

$2470.04 + $444.36=  $2914.4

$2914.4 / $200 = 14.57 months

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Nipurna is a high school guidance counselor. Nipurna is well liked by the staff and students whom she supervises. She recognizes
Mnenie [13.5K]

Answer:

It would appear that she develops a participatory leadership or management.

Explanation:

"Theory Y managers have an optimistic, positive opinion of their people, and they use a decentralized, participative management style. This encourages a more collaborative, trust-based  relationship between managers and their team members.

People have greater responsibility, and managers encourage them to develop their skills and suggest improvements. Appraisals are regular but, unlike in Theory X [authoritative] organizations, they are used to encourage open communication rather than control staff."

Reference: Mind Tools Content Team. “Theory X and Theory Y: Understanding People's Motivations.” Team Management Training from MindTools.com, 2019.

3 0
3 years ago
1. If a business has assets of $ 5,600 and liabilities of $900, the owner's equity is *
Eddi Din [679]

Answer:

The owner's equity is $900

Explanation:

Because an asset takes money from your pocket and liability puts money in your pocket.

7 0
3 years ago
Read 2 more answers
Which of the following statements is CORRECT? a. Because most stock ownership is concentrated in the hands of a relatively small
lbvjy [14]

Answer:

d. The potential exists for agency conflicts between stockholders and managers.

Explanation:

  • A problem of the agency is a conflict of the interest of relationships where one party is expected to act in another best interest and usually refers to the conflicts of the interest between the companies management and the stockholders.
6 0
3 years ago
In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

                                           = $1,940

5 0
3 years ago
Protein folding is often described as a highly cooperative process. this means that
Orlov [11]

Protein folding is often described as a highly cooperative process. This means that proteins tend to be folded or unfolded without the presence of partially folded states.
<span>Proteins help build hormones, enzymes and other body muscles. It is also the basic for blood, skin and bones etc. in human body.</span>

3 0
3 years ago
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