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3 years ago

which of the following will result in your paying the largest amount of interest to the credit company

Business

1 answer:

Katyanochek1 [597]3 years ago

8 0

Answer:

Paying 20% of your credit card.

Explanation:

Paying off your balance every month is the best way to avoid interest.

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Warwick's co., a women's clothing store, purchased $75,000 of merchandise from a sup- plier on account, terms fob destination, 2

Nostrana [21]

This question has a three part answer, with each part broken out below:

A. To record the purchase there is a debit to Purchases and a credit to Accounts Payable, each for $75,000.

B. To record the return there is a debit to Accounts Payable and a credit to Purchases Returns and Allowances, each for $9,000.

C. The amount of the payment is $75,000 - 9,000, which is $64,000. They are paying during the discount period, so will only be paying 98% of this amount, which is $62,720.

The entry is a debit to Accounts Payable for $64,000, a debit to Purchases Discounts for $1,280, and a credit to Cash for $62,720.

3 0

3 years ago

The rate established prior to the beginning of a period that uses estimated overhead and an allocation factor such as estimated

soldi70 [24.7K]

Answer:

This is the Predetermined overhead rate

Explanation:

The predetermined overhead rate assigns a particular amount of manufacturing overhead to each direct labor or machine hour. This helps businesses allocate resources and also set pricing. This computation is usually done at the beginning of each period.

To calculate this, we divide the estimate of the manufacturing overhead cost total by the estimated number of machine hours. It is used to assign overhead cost to jobs.

8 0

3 years ago

Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act

vlabodo [156]

The answer is fiduciary

4 0

3 years ago

Westland College uses a 10% discount rate and the total cost approach to capital budgeting analysis. Both alternatives are expec

DiKsa [7]

Answer: hello your question is incomplete attached below is the complete question

answer : $(1,236,495). ( A )

Explanation:

Attached below is the Calculation of the net present value of the alternative of overhauling the present system

The value of Net present value = ∑ present value

= -300000 - 200000 - 906950 + 77055 + 93400

= - 1,236,495

4 0

3 years ago

You have been working as an Assistant Manager at Mimi and Jasmine's (M&J) warehouse. M&J is an innovative cosmetics comp

irina1246 [14]

First of all, because there is no set manager, the owner probably does not know what the company is doing so, he will probably give it to you for a small price. After buying the company, you should first inquire about the employees (what can they do, what expirience etc.) After inquiring about the employees you need to promote the most expriienced and best employee as a manager. Because they have expirience, they will know who goes where.

I hope this helps.

7 0

3 years ago