Average daily balance method a common method to calculate finance charges.
<u>Explanation:</u>
One of the most common ways through which the financial institutions for example the credit card companies calculate the financial charges that are to be paid by their customers and clients is the average daily balance method of the credit..
If this is the method used by your financial company also then you can reduce the financial charges that you have to pay by paying off the financial balance earlier than the billing cycle.
Answer:
the answer is: A price floor and the large amount of corn stored in silos in the U.S. Midwest due to overproduction by farmers
Answer:
the amount that should be recorded as the asset is $96,000
Explanation:
The computation of the amount that should be recorded as the asset is given below:
Book value of assets given up = $72,000
Add : cash paid in exchange. $24,000
Amount recorded as an asset should be $96,000
We simply added the book value and the cash paid amount for an exchange
Therefore the amount that should be recorded as the asset is $96,000
The answer is majority-minority states. In the United States of America, it is a state or authority whose inhabitants is comprised of not more than 50% non-Hispanic whites. Ethnic data is consequential from self-identification queries on the U.S. Survey and on U.S. Census Bureau approximations.