The answer is C. Most U.S households have at least one credit card , its true according to recent surveys done by credit card companies.
Credit cards are relatively hard to get - Nope
Only banks issue credit Cards - Nope, for example VISA is not a bank
Credit card report does not affect your eligibility for a credit card - Nope, if your previous record say that you couldn't get it, it will be hard to you to get a new one
The trend this business is following is necessities, since those are things we need.
Answer:
Managers who have the ability to understand, alter, lead, or control the behavior of others are said to possess human skills.
What is Human Skills?
having knowledge about and being able to work with people.
What is Skills?
the ability to use one's knowledge and competencies to accomplish a set of goals and objectives.
skills vs Skills.
skills refers to the general term, while Skills refer to the formal term "Skill Approach"
Answer:
Report a prior period adjustment decreasing retained earnings by $1,365,000.
Explanation:
Going by the question we can derive that $2,100,000 is the prior period's warranty. Consequently, it will be charged to the current year's earnings following the deduction of tax, 35%.
(2,100,000 *65) /100 = $1,365,000
This above calculation is so because Under the accrual basis of accounting...operating expense are reported on the income statement in the particular period when they took place or when they expire
Answer:
b. Only Emerald Corporation's current ratio will be increased.
Explanation:
Given that
Emerald current ratio is
= 0.5 i.e. = 0.5 ÷ 1
now in case when the current liability is doubles , so the current assets is
= 0.5 + 1 = 1.5
And, the cuurrent liabilities is
= 1 + 1
= 2
so new ratio is
= 1.5 ÷ 2
= 0.75
Now
Ruby current ratio is
= 1.5
i.e. = 1.5 ÷ 1
Now in case when the current liability is doubled,
the current assets is
= 1.5 + 1
= 2.5
And, current liabilities is
= 1 + 1
= 2
Now new ratio is
= 2.5 ÷ 2
= 1.25
Therefore the emerald current ratio is rised from 0.5 to 0.75
And, the Ruby's ratio has decline from 1.5 to 1.25
