a company with working capital of $870,000 and a current ratio of 2.5 pays a $137,000 short-term liability. the amount of working capital immediately after payment is

Answers

Answer 1

Thus,  the amount of working capital immediately after the payment of the short-term liability is -$527,500.

The current assets of the company can be calculated by multiplying the current ratio by the current liabilities.

Current Assets = Current Ratio x Current Liabilities
Current Assets = 2.5 x (Short-term liability of $137,000)
Current Assets = $342,500

Working capital is calculated by subtracting current liabilities from current assets.

Working Capital = Current Assets - Current Liabilities
Working Capital = $342,500 - $870,000
Working Capital = -$527,500

Therefore, the amount of working capital immediately after the payment of the short-term liability is -$527,500 (negative working capital). This indicates that the company does not have sufficient current assets to cover its current liabilities.

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Related Questions

Bookstaber Corp. has bonds outstanding that are convertible to common shares. The bonds are 15 years to maturity, carry a 6% coupon, can be converted into 50 shares. The stock is currently selling for $17.50 per share. The bond is selling for $925. Non-convertible bonds of the otherwise same risk are yielding 7.25%. If the call price is $1060 and the expected growth rate is 3.5% when might the bond be called? 5.5 years 7.85 years 3.93 years O 11 years Never Windows

Answers

We can't pinpoint the exact number of years but estimate it to be around 3.

the bond might be called in approximately 3.93 years.  the bond's conversion price is $1060 (50 shares x $17.50 per share). once the stock price exceeds this level, it becomes profitable for the issuer to call the bonds.

to calculate the break-even stock price for the bond conversion, divide the bond price ($925) by the conversion ratio (50 shares), resulting in a break-even stock price of $18.50. as long as the stock price remains below $18.50, it is unlikely for the bond to be called.

to determine the expected time for the stock price to reach the break-even level, you need to consider the stock's growth rate. if the expected growth rate is 3.5%, you can use the compound interest formula to calculate the time it takes for the stock price to reach $18.50. however, the information provided does not specify the compounding frequency, making it impossible to determine the exact time. 93 years.

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write me a 8 sentence pitch or more for a donut shop

Answers

Answer:

come down to our donut shop. please come down and get some donuts. we sell the best donuts here. thank you for your consideration.

we hope you enjoy our donuts.

Explanation:

haha

There are three reasons why people demand money: for use in transactions, for precautionary reasons (meaning in case of emergencies) and for speculative safety (meaning in case some investments drop in value). Give an example of a time when you demanded money for each of these reasons. Describe the specific circumstances of your demand for money

Answers

 Example of each reason why people demand money:

1. Transactional Demand: I know a friend who demanded money when he went to a store to buy groceries. He needed cash to pay for his purchase, as the store didn't accept credit cards or any other forms of payment. In this case, the demand for money was purely for the purpose of conducting a transaction.

2. Precautionary Demand: I have heard of people demanding money for precautionary reasons, such as for unexpected medical expenses. For instance, a family member of mine demanded money for emergency dental work after suffering from an acute toothache. The money was needed to pay for the dental procedure, which was unexpected and not covered by insurance.

3. Speculative Demand: A colleague of mine once demanded money for speculative safety. He invested a significant amount of money in the stock market and saw a drop in the value of his investments. He demanded money to secure his investments, hoping that the value would eventually rise again. In this case, the demand for money was based on the expectation of future gains.
examples for each of these reasons based on a hypothetical scenario.

1. Transactions demand: Suppose someone needs to buy groceries to prepare meals for the week. In this case, they demand money to make the necessary purchases at the grocery store. Their demand for money is directly related to the cost of the groceries they need to buy.

2. Precautionary demand: Imagine that this person is aware that their car is old and might break down unexpectedly. To be prepared for such a situation, they set aside some money as a precautionary measure, allowing them to cover any repair costs that may arise. Their demand for money in this case is to have a safety net in case of emergencies.

3. Speculative demand: Lastly, consider that this person has some extra money saved and wants to invest in the stock market. However, they are unsure about market conditions and want to hold on to some cash in case better investment opportunities arise, or if their current investments lose value. Their demand for money in this instance is to have a financial cushion to respond to potential changes in the investment landscape.

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T/F: As concluded in "A Bigger World," the growing role of the state in the global economy is a legitimate concern for those who are worried about bad capitalism overtaking good capitalism.

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The given statement "A Bigger World," the growing role of the state in the global economy is a legitimate concern for those who are worried about bad capitalism overtaking good capitalism.” is True.

The statement itself is subjective and presents an opinion that the growing role of the state in the global economy is a legitimate concern for those who are worried about "bad capitalism" overtaking "good capitalisms, whether or not this statement is true or false depends on one's perspective and beliefs about the role of the state in the economy, as well as their views on capitalism.

On the other hand, those who prioritize government intervention and regulations to address social and economic issues, promote fairness, and protect vulnerable populations may view the growing role of the state in the global economy as necessary and beneficial. They may see this as "good capitalism" where government plays a role in correcting market failures and promoting social welfare.

Thus, the accuracy of the statement depends on individual viewpoints and beliefs about the role of the state in the global economy and capitalism.

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Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods consists of goods that require additional processing before being sold consists of goods that have been sold to customers during the period

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Finished goods consist of completed unsold goods which have not been sold to customers.

What is Finished goods?

Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.

They are completed processed products.

Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.

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Malick has a videoconference with two
coworkers this afternoon and is trying to
position his camera for the best results.
Which of these would provide the BEST
background?

Malick has a videoconference with twocoworkers this afternoon and is trying toposition his camera for

Answers

When there is a videoconference, the one that would provide the best background is a blank wall with a plant and some books on a shelf. Hence, Option A is correct.

What is a video conference?

Through the use of video conferencing technology, remote employees can communicate. The technology allows two or more people who are dispersed across several locations to have live audio and video connections.

A style of teleconference in which there are more than two participants and who use a computer, smartphone, etc. to send and receive both audio and video data.

Therefore, Option A is correct.

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If student loans are such a problem, why do you think so many students borrow money?.

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Students borrow money although student loans are such a problem because college tuition has grown a lot faster than income. They don't have the money needed to continue their education, therefore needing to take a loan.

A student loan is a loan a student took to pay for higher education expenses, such as tuition, supplies, books, and living expenses. In the U.S., college costs (and all its related expenses) are getting very expensive at a much faster rate than income, especially compared to other wealthy countries that have subsidized education. Most people who took student loans for their higher education are having difficulties in saving, which result in them hardly being able to afford a house. They are also less likely to take out car loans.

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What is the simplest multiple-person business entity?

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The simplest multiple-person business entity is the partnership.

This business entity is defined as the relationship between two or more people who work together to conduct business for mutual benefit.

The partners combine their resources, capital, and labor to achieve a common goal, and they share in the profits and losses of the business.The partners are not required to file a separate tax return for the partnership. Instead, they report their share of the profits or losses on their individual tax returns.

The partnership agreement spells out the details of how the business is to be run, including the division of profits and losses among the partners, the responsibilities of each partner, and the procedures for adding or removing partners.

The partnership does not have a separate legal identity from its partners. Each partner is personally responsible for the debts and obligations of the business. If the business is sued or goes bankrupt, each partner is individually liable for the entire amount of the debt.

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The profit motive assumes that economic self-interest motivates human beings.

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The profit motive assumes that economic self-interest motivates human beings. This means that individuals have an incentive to engage in business or work for the purpose of making a profit. Therefore, the profit motive assumes that economic self-interest motivates human beings and is a fundamental principle of capitalism.

The profit motive is one of the fundamental principles of capitalism, where companies seek to maximize profits by producing goods or providing services.

The profit motive is based on the assumption that human beings are rational, and that they act in their own self-interest when making economic decisions. This is why individuals and companies engage in economic activity, as they seek to maximize their own profits. The profit motive is also responsible for innovation and progress, as companies seek to develop new products and services that will increase their profits. The profit motive has its advantages and disadvantages.

On the one hand, it provides an incentive for individuals and companies to work hard and innovate. On the other hand, it can lead to unethical behavior, as companies may engage in activities that harm the environment or exploit workers in order to increase profits.

In conclusion, the profit motive assumes that economic self-interest motivates human beings and is a fundamental principle of capitalism.

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how did farmers under the leadership of daniel shays hope to end the collection of debts?

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Farmers under the leadership of Daniel Shays hoped to end the collection of debts by forcing the government to issue paper money and enact laws to protect debtors.

Daniel Shays was a farmer and a veteran of the American Revolution who led a rebellion of farmers in western Massachusetts in 1786-87. The farmers were heavily in debt and facing foreclosure on their farms, as the government was collecting taxes and debts in hard currency, which was in short supply. Shays and his followers sought to prevent the courts from seizing their property and to force the government to enact laws that would protect them from debt collectors.

The farmers hoped to achieve their goals by disrupting the court system and preventing judges from hearing cases involving debt collection. They also attempted to seize weapons and ammunition from government armories to arm themselves against potential military intervention. Ultimately, the rebellion was unsuccessful, as the state militia and federal troops were called in to quell the uprising.

Despite its failure, the Shays' Rebellion highlighted the economic struggles and political unrest that many farmers faced in the post-Revolutionary period. It contributed to the push for a stronger federal government that could better regulate the economy and protect the interests of all citizens.

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which is not an example of a risk management strategy?

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Buying a new car is not an example of a risk management strategy. Buying a car does not involve any kind of research, hence it is not necessary to form any strategy for buying a car.

What is risk management strategy?

A risk management strategy is used to identify risks in the business and to create a basic structure for business planning.

It also keeps the person up to date as they review and analyze the marketing in order to make future decisions.

Thus, Buying a new car is not an example of a risk management strategy.

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What is cold calling?

A. Calling people who have not shown interest in the product and asking them to buy it

B. Performing customer profile surveys over the telephone

C. Calling competitors and pretending to be a potential customer

D. Asking past customers whether they are satisfied with the product

Answers

Answer:

Explanation:

It's A and it is very hard to do. You are talking to someone whom you don't know and interrupting their day when they might be expecting someone important to them to be calling.

The others might be describing something, but it is not cold calling.

D is a survey

C is potentially a hazard. If the competitor ever finds it out, you can be in a pile of trouble.

B might be a cold call. It might be the reason for making a cold call, but you have to define the term more generally.

when threatened with cheaper microprocessors from firms like amd, intel launched celeron for retaining the lower-end of the chip market without devaluing its existing brand, intel.

Answers

Intel launched the Celeron in response to the threat of cheaper microprocessors from firms like AMD. Intel's Celeron processor was designed to compete at the lower end of the chip market without devaluing the brand's existing products.

This move was seen as a way for Intel to retain market share and protect their revenue streams. By offering a more affordable option, Intel was able to appeal to a wider range of customers and maintain its position as a leading chip manufacturer.

However, the launch of Celeron was not without controversy, with some critics suggesting that it was a lower quality product compared to Intel's higher-end offerings. Despite this, Celeron remained a popular option for budget-conscious consumers and small businesses.

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_____ are digital electronic circuits distinguished by 2 values of intrest.

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Digital electronic circuits are distinguished by two values of interest, which are typically represented as "0" and "1". These values are used to represent binary information in computers and other electronic devices. Digital circuits are designed to perform logical operations using these values, such as Boolean algebra, which allows for complex computations and decision-making processes to be carried out quickly and accurately.

The use of digital circuits has revolutionized the field of electronics, enabling the development of powerful computers, advanced communication systems, and a host of other technological innovations that have transformed the way we live and work. Digital electronic circuits are distinguished by two values of interest, which are typically represented as binary code. These two values are commonly referred to as '0' and '1', or 'low' and 'high' voltage levels, respectively.

Digital circuits operate using these binary values to process and store data, as well as perform complex operations. These circuits are the foundation of digital technology, including computers, smartphones, and various electronic devices. The binary system simplifies the design of electronic systems, improves reliability, and enables easier troubleshooting and maintenance compared to analog systems.

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you are a project manager of the nhq project in an organization and you're working with some project team members and stakeholders who are in an argument about the project work. while you've tried to help the stakeholders to resolve the differences, they are being obstinate about the work and they don't want to work with you or the project team to really resolve the difference. you've decided that you need to escalate the problem to management. which plan defines the escalation process? this type of question contains radio buttons and checkboxes for selection of options. use tab for navigation and enter or space to select the option. option a resource management plan

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The escalation process plan defines the course of action for addressing and resolving conflicts that cannot be resolved at lower levels and involves escalating the issue to higher management.

The escalation process plan is a formal document that outlines the steps that project managers should take when dealing with issues or conflicts that cannot be resolved at the project team level. The plan outlines the procedures for identifying and reporting issues, the criteria for determining when to escalate, and the roles and responsibilities of team members and stakeholders involved in the escalation process.

In this scenario, the project manager has exhausted all efforts to resolve the conflict and has determined that the issue needs to be escalated to higher management. By following the escalation process plan, the project manager can ensure that the conflict is addressed effectively and efficiently while minimizing the impact on the project.

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Irades Management The four employees of the Busted Body Shop earned the following amounts last week: $811.76,$796.21,$808.18, and $876.35. What is the average weekly pay for the employees of the shop?

Answers

The average weekly pay for the employees of the Busted Body Shop is $823.125.

To find the average weekly pay for the employees of the Busted Body Shop, we need to calculate the mean or average of the four amounts earned by the employees: $811.76, $796.21, $808.18, and $876.35.

To do this, we add up the four amounts and then divide the sum by the number of employees (which is four in this case).

Sum of amounts: $811.76 + $796.21 + $808.18 + $876.35 = $3292.50

Average weekly pay: $3292.50 / 4 = $823.125

To calculate the average, we add up the amounts earned by each employee and then divide the sum by the number of employees. This gives us the average weekly pay, which represents the typical amount earned by an employee in a week. In this case, the four employees earned different amounts, so we calculate the mean to determine the average pay for all employees collectively.

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you buy a rental property for $250,000, paying $75,000 in cash and borrowing the rest. the net rental income the first year is $14,000 and, after one year, the property is worth $260,000. total interest paid in the first year is $8,700. what is your annual rate of return on this investment?

Answers

The annual rate of return on the investment given above will be 20.4 percentage in the situation above-mentioned.

The computation of the ARR, or the annual return rate, can be done using the provided values in the above information, and input of these values into the formula, as below,

Annual Rate of Return =  (Return on Investment − Investment Costs) / Investment Costs

​Annual Rate of Return =  (260000+14000−175000-8700) / 75000

Annual Rate of Return =  {90300 − 75000} / 75000

Annual Rate of Return = 20.4

As a result, the annual rate of return will be 20.4 percentage.

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students in Mr. Jaspers fourth grade class have their special classes on different days. Use the clues below to discover which day they go which class.

-The students do not begin the week with P.E or Art.
-Spanish is later in the week than music.
-Library is later in the week than art, but earlier than P.E.
-P.E is the day after Spanish

P.E. Music. Library. Art. Spanish
Monday

Tuesday

Wednesday

Thursday

Friday

Answers

Answer:

music, art, library, Spanish, pe

Explanation:

music has to be first because it isnt mentioned after anything. then art because its before library, then library because its after art but before pe, then Spanish because its after music but the day before pe, then pe because it's the day after spanish

This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.

Answers

In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.

Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.

She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.

A job description is a document that specifies the responsibilities and activities of each organizational role.

Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.

Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.

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One who seeks an office is a

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Answer:   Office seeker

Explanation:     One who seeks an office is a office seeker.

Office seeker or a candidate

Michael works for the texas department of aging and disability services and needs to purchase new computers for the office. How should michael proceed with making this purchase?

Answers

Michael proceeds with making this purchase by contacting the Texas Procurement and Support Services.

What are support services?Supportive services are services offered by the service provider to assist residents in improving their quality of life and achieving self-sufficiency. Supportive Services must be provided in collaboration with existing service organizations and supplied via a hybrid of on- and off-site service delivery modalities. This category comprises the activity of collection agencies, credit bureaus, and any other support services generally supplied to businesses that are not elsewhere classified. Office administrative, office support, and other business support functions are performed by parents.

In Michael's case, he should contact the texas procurement and support services.

Therefore, Michael proceeds with making this purchase by contacting the Texas Procurement and Support Services.

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If 60% of the population is female and 30% of females buy physical therapy services, and 70% of men buy physical therapy services, is there more demand for physical therapy from women or men?

a. women
b. men

Answers

Answer:

Men.

Explanation:

Well, 70% of 40% (100% - 60%) = 28% total population demand.

30% of 60% = 18%

28% > 18%

Answer:

Men

Explanation:

Let the number of men and female be 100

60% of 100 is 60

Therefore there are 60 female

30% of 60 is 18

so 18 women buy physical therapy

40% of 100 is 40

Therefore there are 40 men

70% of 40 is 28

so 28 men buy physical therapy

28>18 therefore there is a greater demand of physical therapy from men

how does cost-benefit analysis help make economic decisions?

Answers

Cost-benefit analysis (CBA) is a tool that helps make economic decisions by comparing the costs and benefits of a particular project or policy.

CBA helps to identify the net benefits of a project or policy by subtracting the costs from the benefits. This allows decision-makers to see whether the benefits of a project or policy outweigh the costs and whether it is worth investing in or implementing. By using CBA, decision-makers can make informed choices about how to allocate resources and can ensure that they are using them in the most efficient and effective way possible.

CBA is a quantitative tool that helps decision-makers to weigh the costs and benefits of different options, it also helps to identify potential trade-offs and helps to prioritize among alternative options. It is widely used by government agencies, private organizations, and international bodies to evaluate the impact of proposed projects and policies.

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1. Define the oscopy approach in PCS coding.
2. Code the following scenario dividing the codes appropriately into the mom and baby charts: 29-year-old female presents for delivery. This is her third pregnancy. She is at 39 weeks of gestation. This is a normal pregnancy. After a normal delivery, she gives birth to a single liveborn. The little boy is circumcised on the second day without incident. Both mom and baby are discharged in good health.
3. Code the following scenario dividing the codes appropriately into the mom and baby charts: 36-year-old female presents for delivery. This is her first pregnancy. She has had a normal pregnancy without incident. She is 37 weeks gestation. This is a twin pregnancy. Baby A is delivered vaginally with low forceps and Baby B by C section. Both babies are fine.
4. Code the following scenario: 40-year-old multigravida presents for vaginal delivery in week 41. No problems during delivery. Single liveborn.
5. Code the following scenario: 26-year-old primigravida presents in week 38. Second-degree perineum tear. Single liveborn.
6. Code the following scenario: Baby born via C-Section transferred to Children's Hospital for Myelomeningioma with hydrocephalus. Code for Children's hospital.

Answers

1. Oscopy approach: Surgical instrument insertion method - open or percutaneous. 2. Mom: Normal delivery. Baby: Liveborn, circumcision. 3. Mom: Vaginal delivery with low forceps. Baby A: Vaginal delivery. Baby B: C-section. 4. Vaginal delivery of single liveborn at week 41. 5. Vaginal delivery, second-degree perineum tear, single liveborn. 6. Children's Hospital: Transfer for C-section-born baby with myelomeningioma and hydrocephalus. Code accordingly.

1. The term "oscopy" in PCS coding refers to the approach used during a surgical procedure. It is used to describe the method by which a surgical instrument or device is inserted into the body. The approach can be classified as either "open" or "percutaneous." An open approach involves making a larger incision to access the target area directly, while a percutaneous approach involves inserting instruments through the skin using a minimally invasive technique. The choice of approach depends on the specific procedure and the surgeon's preference.

2. For the given scenario, dividing the codes appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal delivery and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the liveborn status, circumcision, and any other relevant procedures or conditions related to the baby.

3. In this scenario, coding appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal pregnancy, twin pregnancy, vaginal delivery with low forceps, and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the C-section delivery, twin status, and any relevant procedures or conditions related to the babies.

4. For this scenario, the coding would involve assigning diagnosis and procedure codes for the vaginal delivery of a single liveborn baby in week 41 of gestation. The specific codes would depend on any additional procedures or conditions that may be present during the delivery.

5. In this scenario, the coding would involve assigning diagnosis and procedure codes for the perineum tear and the vaginal delivery of a single liveborn baby in week 38 of gestation. The specific codes would depend on the severity of the tear and any additional procedures or conditions that may be present during the delivery.

6. For the scenario involving the baby's transfer to Children's Hospital for myelomeningioma with hydrocephalus, you would need to code the diagnosis and any relevant procedures or conditions associated with the baby's condition. The specific codes would depend on the details provided in the scenario and the coding system used (such as ICD-10-CM for diagnosis coding and/or CPT or HCPCS for procedure coding). The codes should accurately reflect the baby's diagnosis and the reason for the transfer to Children's Hospital.

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Mask corporation generated a net operating loss of $24,000 in 2021 and taxable income of $10,000 in 2022. how much nol can mask use in 2022 to reduce taxable income (assume no carryback is possible)?

Answers

$8,000 nol can mask use in 2022 to reduce taxable income at operating loss of $24,000 and taxable income of $10,000.

given data:

operating loss in 2021 = $24,000

taxable income in 2022 = $10,000

NOL can be used upto the amount of 80% of Taxable income or NOL whicheven is lower.

we can use the formula:

NOL usage in 2022 = $10,000*80%

                                 = $8,000

In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions. Depending on the nation or system, different amounts are included as income, costs, and other deductions. Numerous systems stipulate that some forms of income are not taxable and certain expenses are not tax deductible when calculating taxable income. Some taxation systems base taxation on the taxable income of the current period, while others base it on preceding periods. Any taxpayer's income, whether it be from a person or a company, as well as from non-taxpaying entities like partnerships, is referred to as taxable income. In this scenario, the term "net profit" may be used.

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Which of the following is an example of successful corporate branding?
A. A company's logo is memorable
O B. A company's logo colors stand out
O C. A company is a leader in fast food
D. A company's tagline gets your attention

Which of the following is an example of successful corporate branding?A. A company's logo is memorableO

Answers

A successful example of corporate branding is a memorable logo of the company.

What is Corporate Branding?

Corporate branding is the practice of promoting a corporate entity's brand name rather than particular goods or services. Because a corporate brand often has a considerably wider reach than a product or service brand, different actions and ways of thinking are involved in corporate branding.

Therefore, corporate branding is the process of presenting a company's image or identity to customers. Typically, a company's brand reflects its values, brand voice, and messaging. Building corporate brands is a common strategy used by marketing experts to show how they want the company to be seen.

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the economic system in the united states is called a ____ economy
- market
- mixed
- command
- traditiol

Answers

Answer:

Mixed Economy

Explanation:

Hope this helps

Mixed economy Hope I’m right

(Help Needed ASAP will give Brainlist)
List two products and then discuss how supply and demand appear to affect the prices of each of the products.

Answers

Answer:

As the supply of Gasoline goes up, the price goes down and the demand goes up, which the higher demand of gasoline will lower the supply and push the prices higher, which will lower the demand, and with the demand being low, the supply gets higher and the whole cycle starts again

You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16. 5%. Using the adjusted balance method, what is your new balance?

Answers

The new balance of the credit card account using the adjusted balance method is $618.39.

What is the adjusted balance method?

The adjusted balance method is a credit card accounting method that bases finance charges on the adjusted ending balance of the account.

This implies that the finance charge is computed on the amount the cardholder owes at the end of the current billing cycle after posting both credits and payments to the account.

Data and Calculations:

Beginning balance  $635

Purchases                    75

Purchases                   50

Payment                    (150)

Adjusted balance    $610

Finance Charges     8.39 ($610 x 16.5% x 1/12)

Ending balance      $618.39

Thus, the new balance of the credit card account using the adjusted balance method is $618.39.

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time is limeted
Which of the following steps should you take after attending a college fair?
A. Take a break from dealing with colleges for two weeks.
B. Call every college that was represented at the college fair.
C. Make a decision about which college to attend that night.
D. Continue to research colleges on your own.

Answers

Answer:

D

Explanation:

The steps that can be taken after the college fair is to continue researching colleges on your own. Therefore, Option D is correct.

What is research?

Research can be defined as "creative and methodical activity done to improve the body of knowledge."

It entails gathering, organizing, and analyzing data in order to improve understanding of a subject or problem.

Therefore,  The steps that can be taken after the college fair is to continue researching colleges on your own. Option D is correct.

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