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Vaselesa [24]
3 years ago
8

Shanon will pay for an annual gym membership that costs $420.00. She has 152.62 in her checking account. What are the pros and c

ons of using a credit card and debit card for this purchase?
Business
1 answer:
Tasya [4]3 years ago
8 0

Answer:

I think it’s Debit Card !

Explanation:

Credit cards don’t take directly from your bank, and checks are almost like a “written promise” to pay a little later.

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In a period of rising prices, the inventory method which tends to give the highest reported net income is:
Blizzard [7]

Answer:

b. first-in, first-out.

Explanation:

Generally, there are three methods for estimating the inventory shown below:

1. First-in-first, the company is selling the old products in this way than the new ones, which means first selling the old products and then selling the new ones

2. Weighted average method: Weighted cost is measured by considering the total revenue and total purchase

3. Last-in-first-out: Contrary to the first-in-first-out process, the first sale of new goods, then selling of old goods.

4. Base stock: The process by which the orders of the consumer are fulfilled by holding the less inventory

In the FIFO method, the highest ended inventory results in the lower cost of goods sold at the highest net profits.

7 0
2 years ago
Morris owns a bicycle store. he often leaves daniel in charge of the store. one saturday evening, after daniel leaves the store,
White raven [17]
If Daniel took the cash, he could be found guilty of the crime of embezzlement. Embezzlement is a specific type of theft. It is when someone was entrusted with someone else's property (like an employer) and they steal some/all for their personal benefit.

Hope this helps! :)
3 0
3 years ago
Read 2 more answers
Is the owner or any bots or a co-owner on here i need to talk<br><br>If you are not DO not REPLY
timama [110]
What exactly do you need to talk about… but hey i’m here lol
4 0
2 years ago
Read 2 more answers
Rodgers and Winter had capital balances of $60,000 and $90,000, respectively, at the beginning of the current fiscal year. The a
Bas_tet [7]

Answer:

A) Net income $110,000    

                                              Rodgers                Winter

Salary allowance                  $25,000                $30,000

interest allowance                  $7,200                 $10,800  

(12% of capital)                

<u>split renaming income          $18,500                 $18,500  </u>

net income                            $50,700                $59,300

B) Net income $65,000    

                                              Rodgers                Winter

Salary allowance                  $25,000                $30,000

interest allowance                  $4,000                  $6,000  

(40% of remaining income

<u>to Rodgers and 60% to Winter)                                            </u>      

net income                            $29,000                $36,000

4 0
3 years ago
Trevor is a single individual who is a cash-method, calendar-year taxpayer. For each of the next two years (2020 and 2021), Trev
labwork [276]

Answer and Explanation:

Please find answer and explanation attached

7 0
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