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Sav [38]
2 years ago
12

Which answer choice does not represent an advantage to using credit cards over other forms of payment? a. payments made online w

ith credit card b. payments made abroad with credit card c. emergency contact number for lost card d. interest due on outstanding balance please select the best answer from the choices provided. a b c d
Business
1 answer:
slavikrds [6]2 years ago
7 0

Answer: C

Explanation:

An emergency contact number for lost card makes no sense when it comes to an advantage to using credit cards.

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An investor contributes $100,000 of cash to a partnership and signs a $200,000 recourse note. During the first year, the investo
dezoksy [38]

Answer:

net cash flow = $10000

Explanation:

given data

contributes cash = $100,000

partnership income = $80,000

debt service expense = $30,000

interest = $20,000

principal amortization = $10,000

operating expenses = $40,000

depreciation expense = $65,000

solution

we know that Depreciation is not cash flow so we will exclude it

so for cash flow get here as =  income minus all cash cost

so

cash flow = income - interest expenses - operating expenses  .........1

cash flow = $80,000 - $20,000 - $40,000

cash flow = $20,000

and here additional paid out = $10,000 for reduce loan balance

so as that net cash flow = $20000 - $10000

net cash flow = $10000

3 0
3 years ago
During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $5 per
docker41 [41]

Answer:

424000

Explanation:

Answer: Net income under absorption costing = $424000

Explanation:

Given that,

Direct materials =$4 per unit

Direct labor = $2 per unit

Variable overhead = $3 per unit

Fixed overhead = $256,000

company produced = 32,000 units

company sold = 26,500 units

inventory at year-end =  5,500 units

Income under variable costing = $380,000

Total variable cost = (Direct materials+Direct labor +Variable overhead) × units produced

= (4+2+3) × 32000

=$288000

Per unit fixed cost =

=

= $8

Fixed cost on inventory = inventory at year-end × Per unit fixed cost

= 5500 × 8

= 44000

Net income under absorption costing = Income under variable costing + Fixed cost on inventory

= 380000 + 44000

=$424000

Read more on Brainly.com - brainly.com/question/13025383#readmore

3 0
3 years ago
Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met
Studentka2010 [4]

Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as Residual owners.

<h3>What does Shareholders means?</h3>

A shareholder (in the US frequently alluded to as investor) of a company is an individual or legitimate substance.

A body politic, a trust or organization) that is enlisted by the partnership as the lawful proprietor of portions of the offer capital of a public or confidential partnership. The impact of a shareholder on the not entirely set in stone by the shareholding rate claimed. Shareholders of a company are legitimately isolated from the actual enterprise.

They are for the most part not at risk for the organization's obligations, and the shareholders' responsibility for organization obligations is supposed to be restricted to the neglected offer cost except if a shareholder has offered ensures. The company isn't expected to record the helpful responsibility for shareholding, just the proprietor as recorded on the register.

Therefore Shareholders might have procured their portions in the essential market by buying into the Initial public offerings.

Learn more about Shareholder here:

brainly.com/question/19054394

#SPJ4

8 0
2 years ago
Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropri
kykrilka [37]

Answer:

Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5.  Interest Receivable for $5.

Explanation:

The journal entry to record the receipt of the payment is shown below:

Cash Dr $1,010

     To Interest receivable  $5 ($1,000 ×6% × 30 days ÷ 360 days)

     To Interest revenue $5

     To Note receivable $1,000

(being the receipts is recorded)

here cash is debited as it increased the assets and credited the interest receivable, interest revenue and note receivable as it increased the assets and revenue accounts

6 0
3 years ago
People who are high on authoritarianism do not do well
____ [38]

Answer:

(D) In organizations where employees expect clear directions.

Explanation:

Authoritarianism is coined from the word "authority". Authoritarianism is a system of ruling whereby the leader (Authoritative person or Dictator) gives all orders and doesn't expect to be questioned or argued with.

In organizations where employees expect clear directions, people who are high on authoritarianism will not do well, since they could switch orders indefinitely and expect no one to argue with them.

An authoritative boss could say that members of a department should submit their files to his desk by 3pm and then change his mind an hour to the deadline and send a new instruction that those employees should gather for a meeting (without their files) by 3pm.

Such confusion will impede the smooth running of day-to-day activities in that organization; especially as no one challenges the leader.

4 0
2 years ago
Read 2 more answers
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