Laura Walsh Owed $560 to a Local Department Store

question 80

Essay

Laura Walsh owed $560 to a local department store.The debt was assigned to a collection agency.The agency did the following: (a)used a postcard to contact Laura and summarize her debt,(b)called her at 7 AM to catch her before she left for work,(c)called her in spite of Laura's requests to stop,(d)contacted her employer about the debt,(e)contacted her at the hospital as she visited her ill mother.Are any of the actions improper?

Factor polynomials as part of simplifying rational expressions.

Understand the concepts and differences between various financial ratios and their significance.

Analyze the impact of financing and operating activities on financial statements and ratios.

Understand the concept of liquidity and how it is measured through ratios.

---

Definitions:

Specific Tariff

A fixed fee charged on a per unit basis for a good imported into a country.

Imported Good

A product or service that is brought into one country from another to be sold.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a product and the actual price they do pay.

Specific Tariff

A specific tariff is a fixed fee imposed by a government on each unit of imported or exported goods, rather than a percentage of their value.