Debit cards are used to pay for goods in shops and to withdraw money at cash machines. The money is automatically taken from your current account when you spend it, so you must have enough money in your account or an agreed overdraft to cover the transaction.
Where as..
A credit card, such as Barclaycard, isn't linked to your current account and is a credit facility that enables you to buy things immediately, up to a pre-arranged limit, and pay for them at a later date. The cost of the purchase is added to your credit card account and you get a statement every month.
Answer:
<em>=> Danielle pay $573.3 in property tax</em>
Explanation:
To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.
=> <em>Property tax = Assessed Value x Property Tax Rate</em>
The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.
So that Danielle pay in property tax:
<em>Property tax = 16,380 x 3.5 = 57,330 cent = $573.3 </em>
<em>=> Danielle pay $573.3 in property tax</em>
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Answer:
The contribution margin from each customer of the individual business segment is $24.75
Explanation:
Contribution margin from each customer of the individual business:
Customers = 400
Revenue = $35000
Variable cost = $25100
Total Contribution margin = Revenue – Variable cost
= $35000 - $25100
= $9900
Contribution margin from each customer of the individual business :- = Total Contribution margin/customers
= $9900/400
= $24.75
Therefore, The contribution margin from each customer of the individual business segment is $24.75
Answer:
Operating cycle = 59.29 days
Cash cycle = 26.1115 days
Explanation:
From the information given:
To start with:
