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Julio has a revolving credit account at an annual percentage rate of 18 percent His previous monthly balance is 362.11 Find the new balance if Julio's account showed the following activity?
Wiki User
∙ 14y ago
$639.90
Wiki User
∙ 14y ago
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How do you calculate percentage growth having negative previous total net sales?
You can't have negative net sales.
What is the percentage-of-receivables method?
The percentage-of-receivables method is a way for a company to estimate its Allowance for Uncollectible Accounts and Bad Debt Expense. It is considered a "Balance Sheet Approach," because total Allowance for Uncollectible Accounts is estimated as a percent of total Accounts Receivable. Bad Debt expense then becomes the increase between the previous year's Allowance and the current year's Allowance.
On my account it reads ledger balance and then available balance they are two different amounts what is ledger balance?
There are several definitions, here's a few: Account balance after all activity for the previous day has been posted to the account. An account balance that is the result of the total debit and credit activity as of a specific date and time. There is no indication of funds availability or usability. A record of the balance in a customer's account per the bank's records. The balance in an account at the beginning of each day, also known as the current balance. Includes all deposits and withdrawals that were posted from the previous night, whether or not funds have been collected. See also: Collected balance. Hope this helps you.
What is the journal entry of the opening stock?
opening stock is the stock at the end of previous year which is being carried forward to next year. so it is treated as opening balance (asset) n the following journal entry will b passed opening stock Dr. to liabilities *if liabilities are not there then capital is to be credited
Should unrealized foreign exchange gains and losses be reversed in the following year?
Yes, unrealised gain/ (loss) should be reversed in the following year to bring the balances to original/ historical amounts. Subsequently, at the time of settlement of a liability/ collection of a receivable, the actual/ realised gain/ (loss) is booked in the year in which it incurred. When you track unrealized gains and losses, you make an entry for the current month, then reverse the entry you made in the previous month. It's important that you remember to reverse the previous month's entry; if you don't, gain and loss amounts for future months will be inaccurate.
Express 2496 as a percentage?
The previous answer was incorrect. 2496 as a percentage is 249600%.
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
What is cummulative percentage?
Add % of previous year for next year commulative percentage
What word is opposite previous?
following
How is your credit score determined?
The credit bureaus and financial institutions don't generally publish the exact algorithms that they use to come to a final credit score. All providers use the following components in determining a credit score: * Historical number of late payments, if any * How late were late payments (30/60/90/120/150/180 days), if any * Number of current and historical revolving credit accounts * Credit limits of open revolving credit accounts * Balances of current and historical open revolving credit accounts * Ratio of balances to credit limits of revolving credit accounts * Balances of installment credit accounts * Number and type of installment credit accounts * Number of bankruptcies associated with borrower, if any * Number of judgments against borrower, if any * Number of written-off debts, if any * Size of written-off debt, if any * Number of accounts in collection, if any Some providers (non-credit bureaus) add the following components to their calculations: * Amount of time in current and previous jobs * Amount of time in current and previous homes/residences * Income at current and previous jobs * Debt to income ratio * Potential debt to income ratio * Criminal history, if any
Can you get admission in lpu?
yes, it depends upon your rank and your percentage in your previous qualification.
Which of the following tissues plays an important role in supporting the plant stemEpidermis PhloemCambium None of the previous tissues?
None of the previous tissues.
How do you calculate year-to-year percentage annual growth in total net sales?
To calculate percentage growth do the following three-step calculation. Let's say your sales this year were $1 million. Last year, your sales were $750,000. First, subtract last year's sales from this year's sales. So, $1 million - 750,000 = 250,000 Then, divide the answer by last year's sales. So 250,000/750,000 = .33 To express this as a percentage, multiply the decimal by 100 So .33 x 100 = 33 Your year-to-year percentage annual growth is 33%. Let's recap: (Current Sales - Previous Sales) / Previous Sales x 100 = Percentage Growth
The concept of following previous cases or precedents is called?
The doctrine of stare decisis.
Which of the following leads to the end of a boom period in the business cycle?
a reduction in consumer demand resulting from inflation
The initiative is put on the ballot as a result of?
A petition signed by a certain percentage of the voters in the previous election.
When a new President takes office what of the following may he or she refuse to honor?
An Executive Agreement Made by the Previous President
