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viktelen [127]
2 years ago
15

Please I need help on this Question! 10 POINTS***

Business
1 answer:
poizon [28]2 years ago
5 0

Answer:

I would say answer number 3. Debit cards access money in your account and credit cards are like a loan.

Explanation:

My reasoning for this is debit card you have the amount you put on it no more and no less. With credit cards you can use money that you do not have and you can pay it back later.

You might be interested in
The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Re
stiv31 [10]

The three financial ratios that constitute return on revenue are Cost of goods sold/Revenue, Research and Development expense/Revenue, and Selling, general, & administrative expense/Revenue.

What ism financial ratios?

Financial ratios are instrument used by companies to make comparison or to  measure the relationship  between  different financial statement information or data.

Hence, the three financial ratios that constitute return on revenue  are:

  • Cost of goods sold/Revenue
  • Research & Development expense/Revenue
  • Selling, general, & administrative expense/Revenue

Learn more about financial ratios here:brainly.com/question/9091091

#SPJ1

6 0
2 years ago
4. Which of the following is a liability?
zlopas [31]

Answer:

Maybe C.

Explanation:

5 0
2 years ago
Read 2 more answers
Tinker Company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year ended Dec
uranmaximum [27]

Answer:

Net Cash inflow from operating activities $67,000

Explanation:

The computation of the net cash flow from operating activities is shown below:

Net Income ($500,000 - $450,000) $50,000

Add: Depreciation $10,000

Add: Decrease in account receivable $5,000

Less: Increase in inventory ($4,000)

Add: Increase in account payable $6,000

Net Cash inflow from operating activities $67,000

4 0
3 years ago
An investment property with 10 residential units rents for $2,000 per unit per month. The rate of vacancy and collection loss is
irinina [24]

Answer:

$1,815,000

Explanation:

First we must determine the gross income = $2,000 x 10 units x 12 months = $240,000

minus the vacancy rate = $240,000 x 5% = $12,000

minus the annual expense = $10,200

net income = $240,000 - $12,000 - $10,200 = $217,800

to calculate the maximum amount that the investor should pay we must divide the net income by the expected rate of return = $217,800 / 12% = $1,815,000

When you are calculating a project's price (buying this asset is an investment project), depreciation and debt service are not included in the calculations.  

5 0
2 years ago
An investor purchased 100 shares of the cdl growth and income fund 3 years ago when the pop was $12 and the nav was $11.50. all
Norma-Jean [14]

The investor will show a capital loss of $155.

We gather the following information from this question:

Pop of the fund three years ago : $12

NAV of the fund three years ago : $11.50

Current Pop : $11

Current NAV : $10.45

Number of shares : 100 shares.

We need to calculate capital loss or gain on the 100 shares in the mutual fund.

While taking the cost per unit, <u>we need to consider the public-offer-price (pop) into consideration, since an investor can only buy the shares at pop</u>.

Similarly, while selling the shares, the <u>shareholder can liquidate his position by selling back to the mutual fund at the NAV prevailing at the end of the business day</u> on which he wants to sell.

So, the formula to calculate capital gain or loss is:

Capital gain or (loss) = (NAV per unit at liquidation - POP at purchase ) * No. of shares

Capital gain or (loss) = ($10.45 - $12 ) * 100

Capital gain or (loss) = ($155)

3 0
3 years ago
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