According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)
<h3>What is a finance charge?</h3>
A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.
In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.
While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.
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Answer:
$23.6 per share
Explanation:
Given that,
Total common equity = $5,500,000
Shares outstanding = 250,000
Net income = $525,000
Dividends paid out = $125,000
Total value at the end:
= Total common equity + Net income - Dividends paid out
= $5,500,000 + $525,000 - $125,000
= $5,900,000
Therefore,
Book value per share at 2014 year end:
= Total value at the end ÷ No. of shares outstanding
= $5,900,000 ÷ 250,000
= $23.6 per share
Answer:
The true statement about the Siemens bribery scandal is:
b The CEO was involved and condoned it.
Explanation:
The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments. It was a worldwide act perpetrated by senior management officials with a long-term pattern. The massive bribery attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."
Answer:
$83,300
Explanation:
Total at retail:
= Beginning inventory + Purchases - Purchase return + Transfers in from suburban branch
= $24,800 + $136,600 - $3,000 + $13,000
= $171,400
Ending inventory at retail:
= Total at retail + Net markups - Net markdowns - (sales - sales return) - Normal shortage
= $171,400 + $8,100 - $3,900 - ($94,300 - $2,500) - $500
= $171,400 + $8,100 - $3,900 - $91,800 - $500
= $83,300
