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Inessa [10]
4 years ago
13

The goal of any credit card holder should be to A. run up as much debt as possible. B. use the bankruptcy filing as a way to red

uce debt. C. avoid excessive credit card debt. D. pay the least possible each month.
Business
1 answer:
DedPeter [7]4 years ago
4 0
The goal of any credit card holder should be to C.) AVOID EXCESSIVE CREDIT CARD DEBT.

Credit cards are used for the purpose of convenience. Instead of bringing cash to pay for purchases, credit cards are swiped as payment for said purchases. These cards are short-term loans. Its balance should be paid before due date to avoid paying for interest. Its use should not be abused.
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20 POINTS PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!
stepladder [879]

Answer:

i think $1 will be okay forthe lowest price at least is something everyone can afford abd the highest pruce will be 2$ cause we will need to raise funds and other materials and alsi love to sell at the highest cause there is other materials and not everyone will wabt to spend such on a candy everyone has things to buy

4 0
4 years ago
There are four types of hazards that cause a loss. An insured failing to salt and shovel her sidewalk after a snowstorm presents
Amiraneli [1.4K]

The type of hazard presented by an <em>insured failing to salt and shovel her sidewalk after a snowstorm is</em>; Morale hazard.

Discussion:

A hazard in the context of insurance describes anything that increases the potential for the occurrence of a loss. (An unintended, unforeseen event that causes injury to an insured or damage to property)

On this note, hazards are classified as one of four types:

  • Physical hazards.

  • Legal hazards.

  • Moral hazards.

  • Morale hazards.

A morale hazard, results from unintentional carelessness or laziness just as in the case described in the question.

Read more on insurance hazards:

brainly.com/question/25740123

6 0
3 years ago
For a quick assessment of a project using readily available accrual accounting data, companies will calculate the A: net present
Aleksandr [31]

Answer:Net present Value

Explanation:

Net present value acknowledges time value of money

8 0
4 years ago
Stock Y has a beta of 1.8 and an expected return of 18.2 percent. Stock Z has a beta of .8 and an expected return of 9.6 percent
nlexa [21]

Answer:

The reward to risk ratio for stock Y is 7.22%

The reward to risk ratio  for stock Z is 5.50%

Explanation:

First and foremost, it is very important to note that the reward-to-risk ratio of a stock is the risk premium paid by the stock divided by its asset Beta.

The risk premium is calculated as stock expected return minus risk free rate

The risk premium is denoted by (rm – rrf) in Capital Asset Pricing Model of Modgiliani and Miller

For stock Y risk premium is 18.2%-5.2%=13%

For stock Z risk premium is 9.6%-5.2%=4.40%

For stock Y reward to risk ratio=13%/1.8=7.22%

For stock Z reward to risk ratio=4.40%/0.8=5.50%

Hence stock Y has a higher reward to risk ratio

4 0
3 years ago
Read 2 more answers
During the current year, Awning Company reported investment revenue of $4,000 from long-term investments reported using the equi
ANTONII [103]

Answer:

cash dividends: 3,000

Explanation:

We can solve for cash dividends based on how the equity method works:

Beginning investing

+ proportional net income

<u>-  cash dividends received  </u>

Ending investing

beginning + inomce - dividends = ending

  10,000   + 4,000  - cash dividends = 11,000

cash dividends= 14,000 - 11,000

cash dividends = 3,000

when received, the journal entry for the dividends was as follow:

cash       3,000 debit

    investing                   3,000 credit

to record cash received from investment

7 0
3 years ago
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