1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svet-max [94.6K]
3 years ago
12

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance was $2,

500. It is now April, and he can pay all except $200. Evaluate his progress and describe the results in one to two sentences.
Business
2 answers:
yan [13]3 years ago
4 0

Answer: Nick made excellent progress in reaching his goal. It is April and he is only $200 short of meeting his goal of paying the entire balance off by June.

Explanation: In this case Nick is doing very well in meeting his goal. With two months left to make payments, he only has $200 remaining to pay. He will be able to meet his goal by paying $100 in May and June.

Sliva [168]3 years ago
3 0
Nick paid around $383.00 per month on his credit card. He should've paid $400.00 a month
You might be interested in
Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system wi
Anna35 [415]

Answer:

the  total manufacturing cost assigned to Job P90 is $3,792

Explanation:

The computation of the  total manufacturing cost assigned to Job P90 is given below:

But before that the predetermined overhead rate should be calculated

So,

= ($2,800,000 ÷ 200,000) + $2

= $16

Now the total manufacturing cost is

= $1,472 + $1,056 + 79 × $16

= $3,792

hence, the  total manufacturing cost assigned to Job P90 is $3,792

5 0
2 years ago
A company is considering two capital investments. Each requires an initial investment of $15,000 and has a 4 year useful life. I
yaroslaw [1]

Answer:

3 years

Explanation:

The computation of the payback period is shown below:

Payback period = Initial investment ÷ Net cash flow

where,  

Initial investment is $15,000

And, the net cash flow would be

= Year 1 + year 2 + year 3 + year 4

= $5,000 + $5,000 + $5,000 + $5,000

= $20,000

As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal

So,

Payback period would be

= $15,000 ÷ $15,000

= 3 years

7 0
3 years ago
How do you call a person who receives the benefit of a good without paying for it (business terminology).
Genrish500 [490]
This kind of person in business terminology is called a free rider.
3 0
3 years ago
If a team of three workers, each making the U.S. Federal minimum wage, produced these 12 rugs, what would the total labor cost b
sergiy2304 [10]

You need to know how many hours it took these workers to make the rugs to determine the labor cost.

4 0
3 years ago
Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer
yan [13]

Answer: Option (C) is correct.

Explanation:

Given that,

Net cash provided by operating activities = $34

Income taxes = $12

Capital expenditures = $24

Cash dividends = $7

Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure

                           = $34 - $7 - $24

                           = $3

Therefore, the company's free cash flow was $3.

3 0
3 years ago
Other questions:
  • Which of the following would be considered a career in science?
    7·2 answers
  • Name seven things needed for manufacturing
    13·1 answer
  • For what reason may an employer legally NOT hire an applicant?
    6·2 answers
  • A goal taking which of these lengths of time to achieve is most likely to be a<br>long-term goal?​
    12·1 answer
  • Which of the following is not a major determinant of the price elasticity of demand? A. availability of close substitutes B. pro
    11·1 answer
  • Fitness is the measure of ____________ and ability to produce more ________
    5·1 answer
  • 1. Think about the four cores of credibility. Choose one of them and describe why it is important to you for your workplace.
    15·1 answer
  • Which one of the following is a formal document to manage and control project execution?
    11·1 answer
  • How much annual income would you need to have if, using the 28/36 ratio, your maximum allowable recurring debt is $380? a. $16,2
    9·1 answer
  • in 2022, a taxpayer (with $26,500 of employee compensation) was allocated $176,000 of self-employment income. calculate the amou
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!