A credit card calculates interest using the average daily balance method. The monthly interest rate is 2.0% of the average daily balance. The following transactions occurred between Nov 1 and Nov 30 billing period.
Previous balance = $1,350.
Nov 1 Billing Date
Nov 8 Payment of $350
Nov 10 Charge of $375
Nov 20 Charge of $120
Nov 25 Charge of $55
Nov 28 Charge of $67
Nov 30 End of Billing Period
a) find the average daily balance for the billing period
b) find the interest to be paid on Dec 1 (the next billing date)

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?