With a credit card, you’re only liable for up to $50 of unauthorized activity, no matter when you report it. If your card wasn’t present in the unauthorized transaction, you have zero liability. <span>With a debit card though, you have no liability if you report it stolen. If you report the loss within two days of learning about fraud or theft, you can be liable for up to $50. After that, however, your liability goes way up almost $500. </span>
Answer:be fair and honest with customers
Explanation:
Answer:
a. $1,290,000
b. $3.80
Explanation:
a. The computation of the net income is shown below:
= Net income - preference dividend
= $1,500,000 - $210,000
= $1,290,000
b. The earning per share is shown below:
= (Net income) ÷ (weighted-average shares of common stock)
= ($1,290,000) ÷ (340,000 shares)
= $3.80
Simply we apply the net income formula after considering the preference dividend and then earning per share is computed
Answer:
2.5 nights
Explanation:
8.95*10= 89.5-(2.87*10)= 57.20
100+50=150/57.20=~2.5
Answer:
Interest receivable $600
Explanation:
The interest is just for 9 months and the cash for the interest has not been received yet, so debit Interest Receivable.
Interest is calculated using the formula:
interest=Principal x rate x time
$16,000 x 5% x 9/12 = $600
Interest Revenue would be credited for $600, but that is reported on the Income Statement, not the Balance Sheet.
