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Zarrin [17]
3 years ago
7

Do Debit cards often have a higher intrest rate then credit cards?

Business
2 answers:
stepladder [879]3 years ago
7 0
Yes debit card are more. Preferred because when you use a debit card you pay on the spot but when you use your credit card it tends to build up and you will have to pay your bill
xz_007 [3.2K]3 years ago
6 0
Yes debit cards have higher interest rates
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Price Reading Quiz QUESTION 3 of 10: is the total revenue of a business less all expenses over a period of time. Oa) Profit O b)
ollegr [7]

Answer:

Profit

Explanation:

Profit is the monetary or financial gain by a business when its revenues exceed costs. Revenue is the income a company gets through selling its goods and services. Costs are the expenses incurred in making goods and services for sale.

If the revenues are more than the costs, a business will make profits. But if the costs are more, the company will suffer losses.

8 0
3 years ago
Greenco, a u.s. corporation, earns $25 million of taxable income from u.s. sources and $10 million of taxable income from foreig
enot [183]

Taxable income is the sum of income used to compute a person's or a business's income tax due. Taxable income comprises salaries, pays, bonuses and tips, on top of investment revenue and unearned revenue. In this case, the corporation have $25 million that came from US Sources then the additional $10 million is also part of the taxable income because it is part of the normal course of the business. Therefore, GreenCo must report $35 million.

8 0
3 years ago
Nick, Chris, Stacey, and Mike are each 25% partners in Liberty Partnership, a general partnership. During the current year, the
Serga [27]

Answer:

Stacey report on her income tax return in three categories

1. Total ordinary income = $50,000

2. Interest income = $2,500

3. Charitable contributions = $4,000

Explanation:

Basically, Stacey report on her income tax return in three categories

1. Total ordinary income: It is somewhat same as net income

So, the ordinary income equal to

= (Revenues - expenses) × partnership percentage

= ($300,000 - $100,000)  × 25%

= $50,000

2. Interest income: It is computed below

= Interest income × partnership percentage

= $10,000 × 25%

= $2,500

3. Charitable contribution: It is computed below

=  Charitable contributions × partnership percentage

= $16,000 × 25%

= $4,000

5 0
3 years ago
The project has been challenging to manage. Everyone has been on edge due to pressure to complete the project on time. Unfortuna
denpristay [2]

Answer: C. Involve the team in creating ground rules for the meetings.

Explanation:

The meetings have seemingly descended into anarchy and as such needs to be controlled in an orderly manner to make any sort of progress. One way this can be done is through the setting of ground rules. These rules need to be accepted and inclusive of people's qualms or else the arguments will continue.

When the rules are made therefore, the inputs of the entire team should be taken into consideration and this is what the Project manager needs to do. Setting all inclusive rules also helps the team understand each other better during the discussions are point of views will be seen and understood better.

7 0
3 years ago
A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced
goldenfox [79]

The IRR of the security system is 42.40.

An example of security is while you are at domestic with the doorways locked and also you feel secure. An employer or department whose venture is safety or safety, esp. A non-public police pressure is employed to patrol or protect a construction, park, or another vicinity. if you see an interloper, name safety.

Securities are fungible and tradable monetary gadgets used to elevate capital in public and personal markets. There are typically three kinds of securities: fairness—which presents possession rights to holders; debt—basically loans repaid with periodic payments; and hybrids—which combine elements of debt and fairness.

Security trouble is any unmitigated risk or vulnerability in your device that hackers can use to do damage to structures or statistics. This includes vulnerabilities inside the servers and software connecting your business to customers, as well as your enterprise strategies and those.

Using TVM Calculation,

Present Value of savings = [FV = 0, PMT = 3,375, N = 10 , I = 7,500]

PV = 3375

PI = 33750/7,500

PI = 4.50

Time Cashflows

0        -$7,500.00

1         $3,275.00

2         $3,275.00

3         $3,275.00

4         $3,275.00

5         $3,275.00

6         $3,275.00

7         $3,275.00

8         $3,275.00

9        $3,275.00

10        $3,275.00

IRR        42.39%

Learn more about security here brainly.com/question/7449721

#SPJ4

8 0
1 year ago
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