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ruslelena [56]
3 years ago
9

3. Kevin took out a loan for a car. He must pay $3,000.00 in interest, service

Business
1 answer:
ss7ja [257]3 years ago
8 0

Answer:

The finance charge

Explanation:

The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.

The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.

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In risk management,what does risk evaluation involves?
sweet [91]

Risk evaluation involves rating the risks that may happen based on the likelihood of them happening. Risk evaluation also involves rating these potential happenings based on the impact they could have on the business. Evaluating risk is a step in the creative process of risk management.

3 0
3 years ago
Read 2 more answers
"During the current year, Stern Company had pretax accounting income of $48 million. Stern's only temporary difference for the y
Naddik [55]

Answer:

$59 milliom

Explanation:

Calculation to determine what Stern's taxable income for the year would be:

Using this formula

Stern's taxable income=Accounting income +Rent received temporary difference

Let plug in the formula

Stern's taxable income=$48 million+ $11 million

Stern's taxable income=$59 million

Therefore Stern's taxable income for the year would be:$59 million

5 0
3 years ago
June Tandy is covered under a SIMPLE IRA at Barker Jones Auction House, where she is employed. This year, no salary deductions o
Bond [772]
The answer should be True
5 0
3 years ago
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The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3
babymother [125]

Answer:

Equivalent unit(material) = 17,700

Equivalent unit(conversion costs) = 13,301

Explanation:

A. Computation for equivalent unit(material)

<u>Particular                                                    Unit</u>

Units transferred                                       9,400

<u>Ending work in process 8,300(100%)      8,300</u>

<u>Equivalent unit(material)                         17,700</u>

<u></u>

B. Computation for equivalent unit(conversion costs)

<u>Particular                                                      Unit</u>

Units transferred                                         9,400

<u>Ending work in process 8,300(47%)          3,901</u>

<u>Equivalent unit(conversion costs)          13,301</u>

3 0
3 years ago
Economists who favor activist monetary policy often argue that Group of answer choices during the mid-1970s, money supply growth
ValentinkaMS [17]

Answer:

during the mid-1970s, money supply growth rates were nearly constant and still the economy went through a recession

Explanation:

In the case when the economist favored that activist monetary policy determines that at the time of 1970s the growth rate related to the money supply would be the same or the constant and still keeping the same the economy would be in the recession

So as per the given situation, the first option is correct

6 0
3 years ago
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