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3 years ago

6

credit cards should be used for what A. anything you want B. things you cant afford C. budgeting expenses you need to pay over t

ime D. wants rather than needs

1 answer:

zloy xaker [14]3 years ago

4 0

Im pretty sure its C

hope this helps best of luck :)

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Right a argumentive essay about people political opinions xx

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3 years ago

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Read the BELOW attached opinion by a federal district court judge in Pennsylvania relating to a destination contract under the U

frutty [35]

Answer:

Yes, I agree. Under UCC rules, the risk of loss is assigned to a party depending on the type of transaction. If a transaction is FOB shipping point, the title passes to the buyer at the moment that the merchandise exits the seller's shipping dock. If the sale is made FOB destination, the title passes only after the merchandise is delivered.

If the title had already passed from the seller to the buyer, the risk of loss is allocated to the buyer.

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3 years ago

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is

adoni [48]

Question:

Lets complete the question as thus

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is due on July 1, 2021. On February 28, 2021, Selkirk discounted the note at Unionville Bank. The bank’s discount rate is 12%.

How much proceed would Selkirk

Answer:

Proceeds from discounting =$11,970

Explanation:

<em>To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.</em>

<em>Proceeds = Gross proceed - Discount charges</em>

The note maturity period = 6 months, January 1 to July 1

Gross proceed= P + (P×R×T)

P- 12,000 R- 10%, T- 6/12

Gross proceed = 12,000+ (12,000× 6%× 10/12)= $12,600

Discount charges = Gross proceed × discount rate × time to maturity

Time to maturity at the date of discounting = 6 - 1 = 5 months

February 28 to July 1

Discount rate - 12%, Time- 5/12

12600× 5/12× 12% = $630

Proceeds to be received

= $12,600- $630

= $11,970

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3 years ago

Medium Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate cor

loris [4]

Answer:

a worksheet

Explanation:

A work sheet can be regarded bad a Multiple column sheets in which

all the necessary information that are required in preparation of the financial statement is been systematically recorded. worksheet cannot be regarded as a permanent account or regarded as a part of a journal/ ledger.

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3 years ago

describe the difference between autonomous expenditure and induced expenditure. Which sectors of the economy are assumed to have

Vika [28.1K]

Answer:

The difference between autonomous expenditure and induced expenditure is as follows:

The autonomous expenditure is incurred even without a disposable income. The expenditure is incurred to provide basic necessities of life. In such a situation, the person spends from savings account or borrows to ensure that the basic necessities are provided.

On the other hand, induced expenditure is a disposable income-based expenditure. This implies that when disposable income rises, induced expenditure also rises, and vice versa. Induced expenditure is usually incurred to fund normal goods and services and not necessities. Without disposable income, there is no induced expenditure.

All the four sectors of the economy engage in these expenditures. The public (government) and household sectors are mostly affected. However, even the business and non-profit sectors are also affected by these types of expenditure.

Explanation:

We can distinguish between two types of aggregate expenditure. The first one is autonomous aggregate expenditure, which does not vary with the level of real GDP while induced aggregate expenditure varies with real GDP.

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3 years ago