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nataly862011 [7]
3 years ago
8

If you are planning to carry a large balance on your credit card, which of the following credit card features should you look fo

r?
Business
1 answer:
Misha Larkins [42]3 years ago
8 0
<span>The most important thing is to have low credit card fees. Some of them are annual fee, financial charge, late fee, over-the-rate fee.. Also low fee on balance transfers is very important and low APR (Annual percentage rate). APR can be fixed but also variable, however it depend on the amount of balance, the larger the balance, the bigger the rate. You should also look for a reward for using their credit card.</span>
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The key decisions and plans in corporate strategy address: What business are we in and how will we allocate resources among thes
serious [3.7K]
This is A. true i think
4 0
2 years ago
Identify the statement below that is incorrect. A) The normal balance of accounts receivable is a debit. B) The normal balance o
a_sh-v [17]

Answer:

D) The normal balance of an expense account is a credit.

Explanation:

We know that

The debit sections report assets and expenses side while sales, stockholder equity, and the liability side are reported in the credit section.

So as per the given options, the incorrect answer is D as expense account has a debit balance but the question it is given that the expense account has a credit balance that is totally wrong.

3 0
3 years ago
Read 2 more answers
Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
Brrunno [24]

Answer:

It will purchase 3 cans

total consumer surplus    0.70

Explanation:

the market price is 0.55

It will purchase up to three cans. the fourth can he is willing to purchase at 0.40 but the price is 0.55 so it won't trade for that one.

<u>consumer surplus:</u>

difference between the amounts he was willing to pay for each unit and the market price:

first can        0.95 - 0.55 = 0.40

second can 0.80 - 0.55 = 0.25

third can      0.60 - 0.55 = 0.05

total consumer surplus    0.70

5 0
2 years ago
In a(n) ________, one party agrees to purchase goods and services with a specified percentage of the proceeds from the original
viktelen [127]
In an offset, <span>one party agrees to purchase goods and services with a specified percentage of the proceeds from the original sale and this party can fulfill the obligation with any firm in the country to which the sale is being made.</span>
3 0
3 years ago
Lola owns a one-half interest in the Lenax LLC. Her basis in this ownership interest is $22,000 at the end of the year, after ac
Natali [406]

Answer: $3,000

Explanation:

With a basis of $22,000, Lola received a cash distribution of $25,000.

She would therefore get a gain (loss) of,

= $25,000 - $22,000

= $3,000

Lola received a gain of $3,000.

It is worthy of note that her basis after this distribution is now zero.

8 0
3 years ago
Read 2 more answers
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