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vodomira [7]
2 years ago
14

Janessa wants to pay off her credit card balances within 12 months. She is trying to decide if she should use her $1,000 in savi

ngs to pay off part of the balances or if she should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 6. 5% but charges a balance transfer fee of $50 for each balance transfer. Janessa decides to pay of Credit Card B and $420 of Credit Card A, then transfer the remaining balance of Credit Card A to the new card. Which of the following options shows the amount of Janessa's new monthly payment? Credit Card A: $957 Credit Card B: $580 a. $54. 97 b. $50. 66 c. $18. 12 d. $46. 34.
Business
1 answer:
7nadin3 [17]2 years ago
3 0

Explanation:

The answer is B$50.66 that's what I got

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The phase of the Technology Product Development Cycle that describes key technology that has been integrated into many products
Serga [27]
I believe the correct answer from the choices listed above is option B. <span>The phase of the Technology Product Development Cycle that describes key technology that has been integrated into many products is the mature phase. Hope this answers the question.</span>
4 0
3 years ago
Read 2 more answers
a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250
BlackZzzverrR [31]

Answer:

since there is not enough room here I used an excel spreadsheet

Explanation:

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6 0
3 years ago
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
lakkis [162]

Answer:

Option D , $15.12

Explanation:

Weighted-average method :

Materials

Units transferred to the next department = 10,300

Ending work in process:

Materials: 1,200 units × 90%  = 1080

Equivalent units of production  =10,300+1080= 11,380

Materials

Cost of beginning work in process inventory= $2,700

Costs added during the period  = $173,900

Total cost (a)  =$173,900+$2,700 = $176,600

Equivalent units of production (b)= 11,380

Cost per equivalent unit (a) ÷ (b) = $15.51

The cost per equivalent unit for materials for the month in the first processing department is closest to $15.51

3 0
3 years ago
1. Your friend wants to retire and has $375,000. She expects to live for another 25 years, and she also expects to earn 7.5% on
forsale [732]

Answer:

Annual withdraw= $33,641.50

Explanation:

Giving the following information:

PV= $375,000

n= 25 years

i= 7.5%

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]

Annual withdraw= (375,000*0.075) / [1 - (1.075^-25)]

Annual withdraw= $33,641.50

6 0
2 years ago
Sheffield Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first
BabaBlast [244]

Answer:

Explanation:

The journal entries are shown below:

On Feb 1

Cash A/c Dr $2,781,000       (51,500 shares × $54)

    To Preferred Stock $2,575,000      (51,500 shares × $50)

    To  Additional Paid-in Capital in excess of par - Preferred stock $206,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

On July 1

Cash A/c Dr $3,886,000  (67,000 shares × $58)

    To Preferred Stock $3,350,000       (67,000 shares × $50)

    To  Additional Paid-in Capital in excess of par - Preferred stock $536,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

4 0
3 years ago
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