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Rasek [7]
3 years ago
10

How is a line of credit similar to a credit card?

Business
2 answers:
Aloiza [94]3 years ago
8 0

A. Interest is charged only on the amount you actually borrow

Leviafan [203]3 years ago
3 0
The answer for the question that is being asked and shown above is that: "a. Interest is charged only on the amount you actually borrow."  a line of credit similar to a credit card is that <span>a. Interest is charged only on the amount you actually borrow. </span>
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Edie would like to better understand a new code section enacted four weeks ago. Which of the following authorities will help Edi
Talja [164]

Answer:

Committee reports

Explanation:

Committee reports

Committee report will help Edie in order to understand the newly enacted code section .

Since ,

A committee report is the report which is submitted by the committee to an assembly on the matters related to the business , which is referred to committee or may be on other matters .  

Hence , the correct answer is C. Committee reports .

3 0
3 years ago
The amount of income under absorption costing will be more than the amount of income under variable costing when units manufactu
Sholpan [36]

Answer: A.exceed units sold

Explanation:

In Absorption Costing, All costs be it Fixed or Variable that are directly related to production are considered when computing the Cost of Production.

Under Variable Costs however, only variable Costs are considered for the computing of Cost of Production.

This difference in consideration of costs under each method leads to difference in income determination under each method.

Under Absorption Costing, fixed manufacturing costs are apportioned on produced units and the costs are only recovered when the units are sold but under variable costing, fixed manufacturing costs are treated as period costs and are therefore charged to the Income statement.

This means that, the amount of income under absorption costing will be more than the amount of income under variable costing when units manufactured exceed units sold.

8 0
2 years ago
You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. You could earn 5.5% on your money in o
artcher [175]

Answer:

$6,744.83

Explanation:

We calcualte the present value of a three years annuity discounted at 5.5% considering their cashflow are 2,500

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 2,500.00

time 3

rate 0.055

2500 \times \frac{1-(1+0.055)^{-3} }{0.055} = PV\\

PV $6,744.8334

3 0
3 years ago
During group meetings, Douglas is never able to discuss his idea for reducing energy usage in the office. He has a detailed, wel
oee [108]

Answer: B) controlling the agenda

Explanation: During group meetings, Douglas is never able to discuss his idea for reducing energy usage in the office. He has a detailed, well thought out plan for how to accomplish this. He thinks it is a really great idea that can save the company money. But, within the current context, he does not even have a chance to share his ideas. Douglas should focus his efforts on ________. A) researching his idea more B) controlling the agenda C) finding out how his employees view him D) asking outside sources to validate his idea

Douglas would better benefit from controlling the agenda of the meeting so he is better able to pitch forward his well thought out idea concerning reducing energy usage in the office.

5 0
2 years ago
Which of the following is NOT one of the four distinct eras in the evolution of​ marketing?
saul85 [17]

Answer:

D) Social Media Era

Explanation:

The four eras of marketing evolution are:

  1. production era: industries started to manufacture products in mass and at lower costs, they sold what they produced, not what the customer needed.
  2. sales era: companies used persuasion techniques to try to convince customers to purchase their products.
  3. marketing era: the marketing department was defined as such (part of the organizational structure) and it takes control of the four Ps.  
  4. relationship era: focus on creating long term relationships with customers.

*We are currently in the middle of the Social Media Era.

5 0
2 years ago
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