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3 years ago

Which of the following is not true of credit card

Business

2 answers:

patriot [66]3 years ago

8 0

Answer:

The false statement is letter "A": they are the best payment type to use when trying to stick to budget.

Explanation:

Credit cards are payment devices given to people who have proved to maintain an optimal credit history. Though, banks and financial institutions give them to people to generate income through interest rates. If someone wants to keep their expenses under a budget, it is not convenient to use credit cards as methods of payments since it will increase the amount of money the cardholder must spend because of the interest rate.

grandymaker [24]3 years ago

7 0

. they are the best payment

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A marketing professor in Ithaca, New York, maintains a museum of failed consumer products. Most new products in this museum fail

Nesterboy [21]

Answer:

test marketing

Explanation:

Test marketing is an experimental test of a product in a real life market. Buyers are studied in live shops or market without them knowing. It is conducted on a small scale to see the effectiveness of a marketing strategy.

When the products do not perform well at the test marketing phase it is assumed it will not also perform well in the real market, so they are termed failed products.

The marketing manager in Ithaca maintains a museum of failed consumer products from the test marketing stage.

4 0

3 years ago

An investor company owns 30% of the common stock of an investee company. The investor has significant influence over the investe

MAVERICK [17]

Answer:

Income for investee during the year ended December 31th 2019: $ 17,200

Explanation:

Purchase value 525,000

Equity proportion: 1,500,000 30% = (450,000)

Goodwill 75,000

Transactions during the year:

income 60,000 x 30% = 18,000

dividends 15,000 x 30% = (4,500)

unrealized profit 2018:

30,000 = cost (1.25)

30,000 / 1.25 = 24,000

gross profit 6,000

unrealized gain: 6,000 x 30% = (1,800)

unrealized profit 2019:

40,000 = cost (1.25)

40,000/1.25 = cost

cost = 32,000

gross profit: 40,000 - 32,000 = 8,000

proportion of unrealized gain:

8,000 x 30% = (2,400)

profit for 2018 realized 1,800

net adjustment 600

income from investee:

18,000 - 600 (net unrealized gain) = 17,200

6 0

3 years ago

The

zhenek [66]

Answer: operating budget

Explanation:

In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.

The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.

4 0

3 years ago

What regulations or laws exist surrounding manufacturing, shipping, and use of plastic in a factory?

PIT_PIT [208]

Regulations exist according to the Green New Deal signed in the UN and applied rather loosely inside the country.

Explanation:

The green new deal is basically responsible for the laws that are being written over the use of plastic and its manufacture and shipping in the country due to the volatility of plastic products in the environmental sphere and how terribly they have been responsible for global warming.

The laws according to the Green New Deals regulate the making of plastic in function to its consumption, effect to the environment and the decay rate.

5 0

3 years ago

Under a divorce decree executed in 2019, Duron is required pay $800 of alimony and $400 of child support each month for the next

pashok25 [27]

Answer:

The total monthly payments that are deductible by Duron are:

$1,200 each month for the next 10 years.

Explanation:

According to the IRS rules, if Duron pays his ex partner payments each month which are not documented by the court, the money is not tax deductible. Therefore, it is beneficial for Duron to receive a court order to pay the additional alimony if Duron plans on enjoying a tax deduction for the additional spousal support of $200.

4 0

3 years ago