Question 6 (multiple choice) suppose you have a 12-month loan of $1,200.00 at 12% interest to purchase a lawn mower and other gardening equipment. each monthly payment is $106.56. the balance after the fourth payment is $816.04. how much do you save by paying off the loan with the fifth payment? (hint: first calculate the payoff: find the interest on the balance due and add it to the balance due. add the amount of the first four payments to the payoff in month 5. finally, compare this total to the monthly payment multiplied by 12.) a. $426.24 b. $852.48 c. $842.20 d. $28.28

The maximum amount of money that a consumer can charge on a credit card is called the

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?

Acontinental polar air mass foms where