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Andrei [34K]
2 years ago
12

Armando received his credit card bill and noticed multiple unauthorized charges. How soon must he notify his bank of these charg

es before he becomes entirely responsible for paying them?
A. Within 24 hours.
B. Within 60 days,
C. Within 2 days.
D. Within a year.

Answer: B. Within 60 days.
Business
2 answers:
Kisachek [45]2 years ago
8 0

Answer:

60 days

Explanation:

_apex

adell [148]2 years ago
3 0
Indeed the answer is 60 days but let me explain it to you. Even though Armando has to notice as soon as possible, <span>Keep in mind that those charges will look like delayed payments. In that sense we can say that delayed payments 60-90 days beyond terms are charged to that person no matter what really happens. Those are the laws</span>
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Answer:

$13.33

Explanation:

Test A

Charging rate                      $65

Variable cost                        ($25)

Contribution margin             $40

Contribution margin per machine hour $40/3=$13.33

8 0
2 years ago
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 16,000 - 4Q. The cost structures for the leader and the
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Answer

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Step-by-step explanation:

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6 0
2 years ago
Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,100, current liabilities of $
Nataly_w [17]

Answer:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

= -$908.50

<em>Here, it can be clearly denoted that the firm does not need to raise the additional equity .</em>

Explanation:

Given :

Sales = $47,000

Current assets = $5,100

Current liabilities = $6,200

Net fixed assets = $51,500

Profit margin = 5 %

Sales are expected to increase by 3 percent next year

∴

The additional equity financing(AE) can be computed as follow:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

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2 years ago
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Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

Cr Service Revenue 800

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Cr Office Supplies 160

Cr Accounts Payable1,220

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Dr Accounts Payable1,220

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March 23

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Cr Accounts Payable430

March 31

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Explanation:

The details given about Nexium & Associates are straight forward and required no further

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2 years ago
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Answer:

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