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vovikov84 [41]
2 years ago
7

In reviewing your Summary Account Activity (#1), you notice FEES CHARGED of $69.45. This fee was assessed on your account for th

e following reasons EXCEPT…
Business
1 answer:
Norma-Jean [14]2 years ago
6 0

Answer:

The correct option will be a. Late Payment Fee

Explanation:

A late payment fee also know as late charge is a charged to a borrower who misses paying at the stipulated payment date based on the agreement. For you to avoid paying that fees, ensure that you pay at least the minimum amount by the due date. So among all fees stated, all are charges made by the bank, but the late charge fee is not included until u failed to make payment on time, while others are fixed charges put in place by the banks.

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Les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for
nadezda [96]

Answer:

$215,059.85

Explanation:

we are not given appendix b or d, but we can still calculate the present value of Moore's contract using a 10% discount rate. You can use a financial calculator, but I prefer an excel spreadsheet with the net present value function:

=NPV(cash flows,rate) =NPV(35000 ... 35000,10%) = $215,059.85

5 0
2 years ago
4. The manager of a company wants to inform his employees that they will not receive a high holiday bonus because revenue is dow
guajiro [1.7K]
He should use a business email and or tell them directly
6 0
1 year ago
Vegetarian Delights has been experiencing declining market conditions for its specialty foods division. Management decided to te
Vesnalui [34]

Answer:

$3.5 million

Explanation:

Data given in the question

Book value of the division assets = $33.50 million

Fair value of the division assets = $30 million

The sum of estimated future cash flows generated = $38 million

So, by considering the above information, the amount of impairment loss is

= Book value of the division assets - fair value of the division asset

= $33.5 million - $30 million

= $3.5 million

Since the fair value is less than the book value so the difference should be recorded as an impairment loss

5 0
2 years ago
E3.3 (LO 3) (Unknown Rate) HQ Ltd. purchased a used truck from Trans Auto Sales Inc. HQ paid a $4,000 down payment and signed a
ivolga24 [154]

Answer: $35,000

Explanation:

The payments of $1,033.34 at the end of every month is a constant amount which makes it an annuity.

Present value of annuity:

= Annuity * (1 - (1 + rate) ^-no. of periods) / rate

Rate needs to be made a monthly rate:

= 4%/12

= 4/12%

= 1,033.34 * ( 1 - ( 1 + 4/12%) ⁻³⁶/ 4/12%

= $35,000

Purchase price = Down payment + Present value of annuity

= 4,000 + 35,000

= $39,000

7 0
2 years ago
Identify the type of sampling used​ (random, systematic,​ convenience, stratified, or cluster​ sampling) in the situation descri
Sunny_sXe [5.5K]

Answer:

Cluster sampling

Explanation:

Cluster sampling is a type of sampling in which a population is divided into groups and one whole group from the division is randomly with every member of the chosen group  involved.

As in thr question, the phone number listings have been divided into groups of 400 and her name came up in the first group of the listing divisions to be considered, hence her selection.

Cheers.

6 0
2 years ago
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