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sineoko [7]
3 years ago
10

you can save on interest and reduce the time it takes to pay off a credit card balance if you pay more than the minimum amount d

ue each month
Business
1 answer:
garik1379 [7]3 years ago
5 0

Answer: True

Explanation:

It is always best to pay off more than the minimum balance on a credit card as you would get to save on interest and you would be able to pay off the credit card faster.

The balance on the credit card includes the amount owed as well as an interest component that is based on the amount owed. Paying off more than the minimum payment will reduce the amount owed which would also reduce the interest you pay because the interest would now be based on a lower amount.

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3.6.2 Teut (COT): The Pret la foi
koban [17]

The correct answer is B. Rural areas

Explanation:

High population densities, as well as high housing prices, are mainly found in cities or nearby areas as most jobs and industries are located in these areas. This increases not only the number of people that live in these zones but also the price of housing as the prices of properties are higher due to a higher demand. This means, zones such as inner-city neighborhoods, suburbs, and similar are highly populated and the house prices are high.

On the other hand, nowadays rural areas have a small population density because most people are not interested in living in rural areas as it would take more time to get to cities where jobs and major industries are. Similarly, the housing prices are lower because the demand or number of people interested in buying properties is lower, which makes general housing prices lower.

3 0
3 years ago
Résumés should be written in complete sentences<br> True or False
Leona [35]

Answer:

Résumés should be written in complete sentences. ... When selecting words to include in a résumé, they should be complex in nature.

5 0
3 years ago
Scientific endeavors only come from the desire to meet societal needs
ch4aika [34]
This is a positive statement
4 0
3 years ago
Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete 88,000 Pounds started into productio
Zarrin [17]

Answer:

1. materials = 569,000 units , conversion = 556,000 units

2. materials = $1.15 , conversion = $0.70

3. materials = $44,850 , conversion = $18,200 , total = $63,050

Explanation:

For this question, i will assume that the <em>Weighted Average Cost Method</em> is used since we do not have information on the specific method applied by this company.

<u>Calculation of the equivalent units of production for materials and conversion</u>.

1. Materials

Closing Work in Process (65,000 × 60%)            =    39,000

Completed and Transferred to Finished Goods =  530,000

Equivalent units of production for materials       =   569,000

2. Conversion Costs

Closing Work in Process (65,000 × 40%)            =    26,000

Completed and Transferred to Finished Goods =  530,000

Equivalent units of production for materials       =   556,000

<u>Calculation of the cost per equivalent unit for materials and conversion</u>

Remember :

<em>Cost per equivalent unit = Total Costs ÷ Total Equivalent units</em>

<em>therefore,</em>

1. Materials

Cost per equivalent unit =  ($ 106,000 + $ 551,120) ÷ 569,000

                                        =  $1.15

2. Conversion Costs

Cost per equivalent unit =  ($ 59,700 + $ 328,230) ÷ 556,000

                                        =  $0.70

<u>Calculation of the cost of ending work in process inventory for materials, conversion, and in total</u>

Materials ($1.15 × 39,000)                             = $44,850

Conversion Costs ($0.70 × 26,000)             = $18,200

Total cost of ending work in process           = $63,050

3 0
3 years ago
Wayman Corporation reports the following amounts in its December 31, 2021, income statement.
MrRissso [65]

Answer:

                          Wayman Corporation

                  Multiple-step income statement

Sales                                                              $425,000

Less: Cost of goods sold                              <u>$135,000</u>

Gross Profit                                                    $290,000

Operating Expenses

Salary Expenses                   $45,000

Utility Expenses                    $55,000

Advertising Expenses          <u>$35,000</u>

Total Operating Expenses                             <u>($135,000)</u>

Net Operating Income                                   $155,000

Other Income and Expenses

Interest expense                                               <u>$25,000</u>

Net Income before Tax                                   $130,000

Income tax expense                                         <u>$55,000 </u>

Net Income                                                       <u>$75,000</u>

6 0
3 years ago
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