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Nina [5.8K]
3 years ago
8

Which is a desirable characteristic to look for when choosing a credit card? no grace period low down payment no annual fee high

interest rate
Business
2 answers:
galina1969 [7]3 years ago
5 0

the answer is: Annual fee

Annual fee refers to the amount of money that must be paid by credit card holder each year even if the credit card is not being used.

In united states, credit card company could impose their own annual fees anywhere between $25 to $500. The amount is pretty big for users in lower income bracket. This is why no annual fees is seen as a desirable characteristic.

vredina [299]3 years ago
3 0
The best choice is no annual fee
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In 2007, Terry Inc. provided the following items in their footnotes. Their cost of goods sold was $22 billion under FIFO costing
nikdorinn [45]

Answer:

$22.2 billion

Explanation:

Calculation to determine How much would they report as LIFO cost of goods sold

Cost of goods sold=$22 billion + ($0.8 billion ­ $0.6 billion)

Cost of goods sold=$22 billion + $0.2 billion

Cost of goods sold= $22.2 billion

Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion

7 0
3 years ago
What is the most important thing that a venture capitalist is looking for in a company to invest in? discuss your response.
Simora [160]

Simply said, management is by far the most crucial aspect for astute investors. VCs invest mostly in the management team's capacity to carry out the company plan. You need a solid understanding of your market, a tested business plan, and a well-thought-out strategy for approaching venture investors if you want to distinguish out from other businesses.

In addition to this, VCs value intellectual honesty and self-awareness in founders. He has discovered from his experience as an investor that "those who are very introspective, recognize their strengths and flaws" have a higher likelihood of founding and eventually developing a successful firm.

To learn more on venture capitalist

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8 0
10 months ago
What was the opportunity cost in a situation in which you use your available cash to buy gas for your car and then stay hungry t
Elodia [21]

Answer:

see below

Explanation:

Opportunity cost is the sacrificed benefit by choosing a preferred option over others. The value of opportunity cost is the foregone benefit from the best alternative.

In this situation, the person had to choose between buying gas for the car or using that money to purchase food. Since the person opted to buy gas, they sacrificed having a meal for the rest of the day.  The pleasure derived from eating is the opportunity cost for this person.  

4 0
2 years ago
Behaving in an acceptable manner within a workplace environment is refered to as workplace etiquette.
alexandr402 [8]
True because workplace etiquette is behaving with manners and kindness
8 0
3 years ago
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Suppose that you only have liability and comprehensive car insurance and you allow your roommate (who doesn't have car insurance
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What will happen is that YOUR INSURANCE COMPANY WILL NOT PAY FOR THE DAMAGES.
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3 years ago
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