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1 year ago

Francisco's credit card has an APR of 13%, calculated on the previous

Business

1 answer:

lora16 [44]1 year ago

5 0

Answer:

$279.53

Explanation:

The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:

Principal paid =

$47.67+$47.23+$46.80+$46.37+$45.94+$45.52

=$279.53

Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.

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York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 sh

Arisa [49]

Answer:

total non-cumulative preferred stock dividends per year = 80,000 x 7.5% x $5 = $30,000

since the bonds are non-cumulative, if the dividends are not paid during one year, they are basically lost since they will not be paid in the future.

year

2015: $20,000 distributed to preferred stockholders

$0.25 per preferred stock
$0 to common stockholders

2016: $28,000 distributed to preferred stockholders

$0.35 per preferred stock
$0 to common stockholders

2017: $30,000 distributed to preferred stockholders, $170,000 distributed to common stockholders

$0.375 per preferred stock
$0.85 per common stock

2018: $30,000 distributed to preferred stockholders, $320,000 distributed to common stockholders

$0.375 per preferred stock
$1.60 per common stock

Dividends paid during the 4 year period:

Preferred stockholders received $108,000 in total

$1.35 per preferred stock

Common stockholders received $490,000 in total

$2.45 per common stock

3 0

1 year ago

Dianne Doolittle wants to download an itemized invoice for the QuickBooks Online subscriptions on her wholesale billing account

ANTONII [103]

Answer:. CSV and PDF

Explanation:

QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.

The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.

When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.

6 0

1 year ago

The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l

Kobotan [32]

I am not sure what are you asking please explain more

6 0

1 year ago

Read 2 more answers

Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer La

Monica [59]

Answer: $15,000

Explanation:

Given that,

Elite U:

Costs $50,000 per year

Larry values attending Elite U = $60,000 per year

State College:

Costs = $30,000 per year

Offered Larry an annual scholarship = $10,000

Larry values attending State College = $40,000 per year

No Name U:

Costs = $20,000 per year

Offered Larry a full annual scholarship = $20,000

Larry values attending No Name = $15,000 per year

Larry gets economic surplus from:

Elite U = $60,000 - $50,000

= $10,000

State college = $40,000 + $10,000 - $30,000

= $20,000

No Name U = $15,000 + $20,000 - $20,000

= $15,000

State college > No Name > Elite U

Therefore, the opportunity cost of attending State college is the value of the next best alternative that is No Name U.

Hence, the opportunity cost is $15,000.

3 0

1 year ago

Karen rogers is a salesperson for solar panels inc. she attends builder trade shows to identify potential customers in an effort

Nana76 [90]

Karen is prospecting, which does occur within the larger category of preapproach. She is actively identify prospective customers to differentiate those who would most likely to buy her product, but she has yet to carry out interactions, she is still organizing her ideas and identifying her likely customers, but not actively engaging with a presentation or approach, as such this is prospecting.

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1 year ago