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Rainbow [258]
2 years ago
10

Determine the starting current (LRC)

Business
1 answer:
ad-work [718]2 years ago
6 0

Answer:

use brinley hahahahahahahhahahahha

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Will give brainliest for all answers
valkas [14]

Answer:

2. interest is the monetary charge for the privilege of borrowing money.

it works as a daily rate calculated by dividing your annual percentage rate by 365, and then multiplying your current balance by the daily rate.

3. benefits: buy on credit, interest-free cash withdrawals, discounts and cashbacks, improvement of credit score, insurance coverage.

drawbacks: debt, damaging the card, extra fees, limited use.

6. Annual percentage rate, annual fee, minimum repayment, cash backs, loyalty points/rewards and charges.

7. grace period is the period of time after the payment is due but before late fees, interest or other penalties start to accrue. Grace period can help you to plan large purchases in a way that maximizes your interest-free period.

8. pay the balance in full and on time, pay more than the minimum required, be mindful of your credit limit.

Explanation:

for the missing answers I couldn't see the picture. i hope this is helpful.

5 0
2 years ago
Given the equity portion of a firm's balance sheets below, determine the average price per share at which new shares were sold b
Tpy6a [65]

Answer:

$9.37 per share

Explanation:

The computation of the average price per share is shown below:

Common stock in the year 2019 $830,200

Less Common stock in the year 2018 $620,600

Rise in common stock $209,600

Divided by Par value per share $0.40

Number of new common shares sold 524,000

Now  

Increase in capital surplus [$13,726,000 - $9,025,000 ] $4,701,000

Add:  Increase in common stock $209,600

Total proceeds from sale of new shares $4,910,600

Divided by Number of new common shares sold 524,000

Average price per share 9.37

7 0
3 years ago
The following transactions occurred last year at Jogger Corporation: Issuance of shares of the company's own common stock $ 110,
Nata [24]

Answer:

b. $7,000

Explanation:

Statement of Cash-flow from Financing activities

Particulars                                                 Amount

Issue common Stock                                $110,000

Dividend paid                                           -$3,000

Retirement of bonds payable                 -<u>$100,000</u>

Net cash flow from financing activities <u>$7,000   </u>

4 0
2 years ago
Derek, an accountant, allocates the cost of a piece of earth-moving equipment over a specific period of time. Based on the given
AnnyKZ [126]

Based on the given information, it can be concluded that Derek is implementing the process of Depreciation.            

<h3><u>Explanation:</u>  </h3>

When dealing with assets whether fixed or non-fixed, the cost over its useful life is reduced in a systematic manner until it reaches zero. This is known as depreciation. It represents the value of the said asset that has been used up. The significance of depreciation is to allow the company to make revenue from the assets while the proportion of buying cost is expended during its service.

Failure to depreciate assets can negatively affect the company’s profits. There are different methods used to calculate depreciation and all depends on the following factors: salvage value, the asset cost price, and useful life.

8 0
3 years ago
What are five foundations of economics?
koban [17]

Answer:

incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

8 0
3 years ago
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