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3. You forgot to pay your $100 cell phone bill and were charged a $5 late fee. If you paid it 5 d...
Telus sends your cell phone bill for the month of March. Your bill shows the inoice...
Telus sends your cell phone bill for the month of March. Your bill shows the inoice date as March 31, 2020 and the payment is due April 15. 2020. You have paid the bill on April 16th, 2020. When should Telus Recognize the revenue for this invoice, assuming that Telus is following Accrual Basis of Accounting? O a Oь Oc Od April 16, 2020 April 15, 2020 Any of these three dates is fine March 31, 2020
can someome do these and show the work plz and thank you! Find the amount due on each ivoice if it is paid on the date indicated. Thero is a 10% late fee. Show all of your work. 3 each (9) 28. $90...
can someome do these and show the work plz and thank
you!
Find the amount due on each ivoice if it is paid on the date indicated. Thero is a 10% late fee. Show all of your work. 3 each (9) 28. $902.88 29. $1,080 30. $88.69 of Amount Sales Terms Date Paid 5/10, n/30 uly 17 n/60 Nov. 18 Invoice June 15 Oct. 5 Dec. 12 late $820.80 $1,080 10/20, 0.50 2/10, 1/20, n/30 Dec. 20 $90.50
Find the...
Question 3 Two employees, Alice and Bart, work at a cell phone retailer. They are paid...
Question 3 Two employees, Alice and Bart, work at a cell phone retailer. They are paid partially on commission and get paid every two weeks. Over the course of a year they both earn the same amount of income (same mean) but Alice has a higher variance in her pay. 1. Would you prefer to have higher variance in paychecks like 2. Who has a higher standard deviation in paychecks Alice or 3. Their manager informs them that the size...
A 3-month $25,000 treasury bill with a simple annual discount rate of 0.25% was sold in...
A 3-month $25,000 treasury bill with a simple annual discount rate of 0.25% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury. (a) The price of the T-bill was $] (Round to the nearest cent as needed.) A 6-month $20,500 treasury bill with a simple annual discount rate of 0.44% was sold in 2016. Assume 365 days in a year....
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee...
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances immediately. You get a cash advance of $2,000 on the first day of the month. You get your credit card bill at the end of the month. What is the approximate total finance charge you will pay on this cash advance for the month? Assume each month has 30 days. $3 $66 $60...
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee...
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances immediately. You get a cash advance of $2,000 on the first day of the month. You get your credit card bill at the end of the month. What is the approximate total finance charge you will pay on this cash advance for the month? Assume each month has 30 days. $3 $66 0000...
3. Y16 pts) A cell phone company offers three different "pay as you go" daily cell...
3. Y16 pts) A cell phone company offers three different "pay as you go" daily cell phone plans. . Plan A charges $0.26 per minute. • Plan B charges $1 per day plus $0.10 per minute. • Plan C charges a fixed rate of $2.50 per day. Let YA, Yo, and Yc represent the daily charges using plans A, B, C, respectively. Let I be the number of minutes per day spent on the phone. (a) (3 pts) Find a...
Use the following for parts A & B: Assume that a cable television company charges its...
Use the following for parts A & B: Assume that a cable television company charges its customers a “late fee” of $5 whenever a customer fails to pay his bill within 45 days of the billing date. Further assume that the law allows such a fee as long as the costs incurred by the cable company is approximately what it costs to service the accounts of those late-paying customers. For example, the cable company must contact the late paying customers...
A friend of yours is considering two cell phone service providers. Provider A charges $100 per...
A friend of yours is considering two cell phone service providers. Provider A charges $100 per month for the service regardless of the number of phone calls made. Provider B does not have a fixed service fee but instead charges $1 per minute for calls. Your friend's monthly demand for minutes of calling is given by the equation QD=120−30P QD=120−30P, where P is the price of a minute. 1. With Provider A, the cost of an extra minute is ?...
i need #4 and 5 3. A Treasury bill has a face value of $10,000, is...
i need #4 and 5
3. A Treasury bill has a face value of $10,000, is selling for $9,800, and matures in 78 days. i. What is its discount rate? (9.231%) ii. What is the bond equivalent yield (BEY) if you purchase the security now? (9.550%) ii, Suppose that you purchase this bill and held it for 60 days and then sell it for S9,954.846154. What is the yield on your investment? (9.612%) iv. What is the effective annual yield...
Telus sends your cell phone bill for the month of March. Your bill shows the inoice date as March 31, 2020 and the payment is due April 15. 2020. You have paid the bill on April 16th, 2020. When should Telus Recognize the revenue for this invoice, assuming that Telus is following Accrual Basis of Accounting? O a Oь Oc Od April 16, 2020 April 15, 2020 Any of these three dates is fine March 31, 2020
can someome do these and show the work plz and thank
you!
Find the amount due on each ivoice if it is paid on the date indicated. Thero is a 10% late fee. Show all of your work. 3 each (9) 28. $902.88 29. $1,080 30. $88.69 of Amount Sales Terms Date Paid 5/10, n/30 uly 17 n/60 Nov. 18 Invoice June 15 Oct. 5 Dec. 12 late $820.80 $1,080 10/20, 0.50 2/10, 1/20, n/30 Dec. 20 $90.50
Find the...
Question 3 Two employees, Alice and Bart, work at a cell phone retailer. They are paid partially on commission and get paid every two weeks. Over the course of a year they both earn the same amount of income (same mean) but Alice has a higher variance in her pay. 1. Would you prefer to have higher variance in paychecks like 2. Who has a higher standard deviation in paychecks Alice or 3. Their manager informs them that the size...
A 3-month $25,000 treasury bill with a simple annual discount rate of 0.25% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury. (a) The price of the T-bill was $] (Round to the nearest cent as needed.) A 6-month $20,500 treasury bill with a simple annual discount rate of 0.44% was sold in 2016. Assume 365 days in a year....
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances immediately. You get a cash advance of $2,000 on the first day of the month. You get your credit card bill at the end of the month. What is the approximate total finance charge you will pay on this cash advance for the month? Assume each month has 30 days. $3 $66 $60...
QUESTION 49 Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances immediately. You get a cash advance of $2,000 on the first day of the month. You get your credit card bill at the end of the month. What is the approximate total finance charge you will pay on this cash advance for the month? Assume each month has 30 days. $3 $66 0000...
3. Y16 pts) A cell phone company offers three different "pay as you go" daily cell phone plans. . Plan A charges $0.26 per minute. • Plan B charges $1 per day plus $0.10 per minute. • Plan C charges a fixed rate of $2.50 per day. Let YA, Yo, and Yc represent the daily charges using plans A, B, C, respectively. Let I be the number of minutes per day spent on the phone. (a) (3 pts) Find a...
i need #4 and 5
3. A Treasury bill has a face value of $10,000, is selling for $9,800, and matures in 78 days. i. What is its discount rate? (9.231%) ii. What is the bond equivalent yield (BEY) if you purchase the security now? (9.550%) ii, Suppose that you purchase this bill and held it for 60 days and then sell it for S9,954.846154. What is the yield on your investment? (9.612%) iv. What is the effective annual yield...
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