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fenix001 [56]
4 years ago
15

Mary is an authorized user on her parents' credit card. What may happen if Mary doesn't use the card in a responsible way?

Business
2 answers:
tatyana61 [14]4 years ago
7 0

The answer is:  Mary and Mary's parents' credit may be damaged

Even though Mary is an authorized user of the card, the credit history from the credit card that Mary use is still tied to her parent's name.

This mean that if Mary do fiscally irresponsible behavior such as maxing out the credit cards, or keep losing it, her parents' credit score would plummet and it would be hard for them to obtain loans in the future.

iren [92.7K]4 years ago
5 0
 If Mary doesn't use the card in a responsible way, there's a possibility that Mary will spend more than what her parents allowed her to spend. Therefore, giving more payment duties to her parents which could also result to debt if the amount spend is too much. 
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Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,540 per month plus $45 per boat. For the month of
dusya [7]

Answer:

The activity variance for cleaning equipment and supplies in April would be closest to = -$225

Explanation:

Cost formula for cleaning equipment and supplies = $2,540 + $45 per boat

Since the actual level of activity is 11 boats the budgeted costs for 11 boats will be $2,540 + $45*11 = $3,035

Actual costs for the 11 boats = $3,260

Activity variance = Budgeted - Actual activity cost = $3,035 - $3,260

= -$225

Since the actual cost of activity is more than budgeted cost of activity, the activity variance is unfavorable and closest to -$225.

8 0
3 years ago
Apartments is a ​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $220,040. Whe
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Answer:

Missing word <em>"Use the​ high-low method to determine operating cost equation y=$_____, x + $ = ____" </em>

<em />

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

<u>Cost equation: </u>

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

3 0
3 years ago
Which of the following deposit requirements pertains to a monthly depositor who has accumulated employment taxes of $2,900 at th
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If the obligation is $2900 on the 941, you would have deposited the liability each month of the quarter 
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3 years ago
Suppose both supply and demand increase. What effect will this have on the equilibrium price?
Ronch [10]

Answer:

A new breakeven point will be determined.

Explanation:

The law of supply and demand suggests that price and quantity equilibrium are determined by the interaction between supply and demand. This breakeven point may vary as supply and demand change. When supply increases the price decreases and when the price decreases the demanded quantity increases. In this way, a new equilibrium price will be determined at a lower value than the previous price.

5 0
4 years ago
Seven-year-old tim has a chinese american mother who believes that tim should obey her without question. according to the text,
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Seven-year-old Tim has a Chinese American mother who acknowledges that Tim should follow her without question. According to the text, Tim's mother may occasionally use shame or guilt as a tactic to discipline Tim.

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Parenting has three fundamental components. Firstly, care protects children from harm. Care also encloses promoting inspirational as well as physical health. Secondly, control concerns setting and enforcing limitations to ensure children's and others' safety, in ever-widening areas of action.

<h3>What is bad parenting?</h3>

Some things are generally regarded “bad” by anyone. Physical abuse, negligence, emotional abuse, and sexual misuse are the most serious and damaging manners traits that most of us correlate with bad parenting.

To learn more about bad parenting visit the link

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2 years ago
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