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
Mamont248 [21]
2 years ago
8

Cedrick's credit card was​ stolen, and he did not realize that it was stolen until he received his most recent billing stateme

nt. He contacted the credit card company immediately after he read his statement. Fraudulent charges were as​ follows: $250 for a Blueminusray ​player, $600 for a new set of​ tires, $200 cash​ withdrawal, and​ $40 in interest charges on the above items. He did not carry credit card insurance. How much is​ Cedrick's potential maximum​ liability?
A. ​$40.00

B. ​$50.00

C. ​$850.00

D. ​$1,050.00

E. ​$1,090.00
Business
1 answer:
denis23 [38]2 years ago
7 0

Answer:

Cedrick's potential maximum liability = $50

Explanation:

Given:

$250 = a Blueminusray player

$600 = new set of tires

$200  = Cash withdrawal

$40 = interest charges

Find:

Cedrick's potential maximum liability

Computation:

Cedrick's potential maximum liability = Blueminusray player  - Cash withdrawal

Cedrick's potential maximum liability = $250 - $200

Cedrick's potential maximum liability = $50

You might be interested in
Marketing is non-paid promotional communication presented by the media True False
Svetach [21]

true i the correct answer

3 0
3 years ago
Merry Maidens Cleaning generally charges $280 for a detailed cleaning of a normal-size home. However, to generate additional bus
xeze [42]

Answer:

May 1

DR Cash $252

CR Service Revenue $252

<em>(To record payment for services rendered)</em>

Working

Cash = Net Service revenue

Net Service revenue = $280 * ( 1 - 10%)

= 280 * 90%

= $252

7 0
3 years ago
A 2014 survey of 1,500 top managers, showed that only approximately _____% of companies achieved breakthrough innovation.
marusya05 [52]

Answer:

c

Explanation:

8 0
2 years ago
Read 2 more answers
Which of the following accurately explain the importance of the ceteris paribus assumption for an economic model? Check all that
ladessa [460]

Answer:

The correct answer is:  It allows economists to isolate or focus attention on selected variables.

Explanation:

The word ceteris paribus means other things being constant. The working of an economy is very complex, each variable is affected by a number of variables. It is difficult to understand all the complex relationships at the same time.

The assumption of ceteris paribus or other factors being constant helps the economists in isolating the variables that they want to study while keeping others constant.

It simplifies the study of economic models and helps to easily grasp the working of the economy.

5 0
3 years ago
Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be repor
Mazyrski [523]

Answer:

The answer is E. In financing activities as a use of funds.

Explanation:

In cash flow, to be a source of fund means there is cash inflow i.e cash is coming in to the business and to be a use of fund means there is cash outflow i.e cash is going out of the business the business.

Also in cash flow, we have three sections - operation, investing and financing sections.

For cash flow from operating activities, use of fund or source of fund about how a business carries its normal activities are important here.

Cash flow from investing activities is about long term Investment the company is engaging on e.g sale or Purchase of machinery.

Cash flow from financing activities is about how the company is funding the business or how the firm is repaying its shareholders for using their fund e.g payment of dividends(use of fund i.e cash outflow)

4 0
3 years ago
Other questions:
  • What is the difference between an employee and applicant?
    10·1 answer
  • Rodeo ranch's agent slim is authorized to draw checks on rodeo ranch's account in town bank. upper range corporation is a rodeo
    13·1 answer
  • If GDP is $12,000 and velocity is 4, the money supply is
    8·1 answer
  • The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Orange Company as
    5·1 answer
  • Asian Trading Company paid a dividend yesterday of $4 per share. The dividend is expected to grow at a constant rate of 7% per y
    9·1 answer
  • Explain how increased immigration affected the market for low-skilled labor. Discuss which curves shifted, and what happened to
    10·1 answer
  • The critical issue in the debate over the merits of the for-profit hospital structure is whether the profit motive has a negativ
    7·1 answer
  • Kelly has decided to start his own business giving sailing lessons. To purchase equipment for the business, Kelly withdrew $1,00
    13·1 answer
  • A company may choose to launch the same advertising campaign globally. This particular campaign may be launched with identical p
    13·1 answer
  • He wacc is the appropriate discount rate for use with ______ projects but should be adjusted ______ for higher risk ones
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!