Compare and contrast the average, previous, and adjusted balance methods
What will be an ideal response?
Answer: The average daily balance method calculates interest by summing the outstanding balances owed each day during the billing period and dividing by the number of days in the period. The previous balance method simply bases interest on the outstanding balance at the end of the previous billing period. Interest is calculated using the adjusted balance method by charging against the balance at the end of the previous billing period less any payments and returns made.
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The treasurer for Rahm Corp was preparing a bank reconciliation as of September 30, 2016 . The following items were identified: Rahm's book balance $32,800 Deposits in transit 4,300 Outstanding checks 2,200 Interest earned on checking account 100 Customer's NSF check returned by the bank 400 Rahm Corp's adjusted cash balance at September 30, 2016 is
a. $34,600 b. $34,900 c. $32,500 d. $32,800
How soon should a thank you note be sent to the interviewer after the interview?
A) Within 24 hours B) Within 2 days C) Within 3 days D) Within one business week E) Thank you notes only need to be sent to the hiring manager.
Market segmentation refers to
A. marketing a product so that each and every consumer can get value from it. B. dividing a larger market into smaller groups based on meaningfully shared characteristics. C. taking an overall marketing plan and dividing it into smaller campaigns based on each product. D. having regional sales forces that can market a product according to geographic area. E. redesigning or repositioning a product so it meets the needs of a target market.
Your relationship with the readers and the effect that the bad news will have on them help determine the organizational plan
Indicate whether the statement is true or false