Business, 30.11.2020 22:30 mpzpowell7506
Dee's credit card has an APR of 17%, calculated on the previous monthly
balance, and Dee makes a payment of $50 every month. Her credit card
record for the last 7 months is shown in the table below.
End of Previous New Payment Finance Principal New
month
balance charges received charges
paid balance
$0.00 $122.00 $0.00
$0.00
$0.00 $122.00
2. $122.00 $56.00
$50.00
?
$48.27 $129.73
3
$129.73 $98.00 $50.00
$1.84 $48.16 $179.57
4
$179.57 $237.00 $50 00 $2.54 $47 46 $369.11
5
$369.11 $75.00 $50.00
$5.23 $44.77 $399.34
6
$399.34 $39.00 $50.00
$5.66 $44.34 $394.00
7 $394 00 $118.00 $50.00 $5.58 $44 42 $467.58
What were the finance charges in month 2?
Answers: 2
Business, 22.06.2019 07:40
Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z
Answers: 3
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
Business, 22.06.2019 20:20
Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste
Answers: 2
Dee's credit card has an APR of 17%, calculated on the previous monthly
balance, and Dee makes a pa...
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