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mina [271]
4 years ago
14

What are the advantages and disadvantages of using a credit card?

Business
2 answers:
Svetradugi [14.3K]4 years ago
6 0
Advantages:
- you can pay for things in the moment
-you can pay later
- convenience
-record keeping

Disadvantages:
-you could over use it
- unexpected fees
- deepening your debt
-you could end up paying more for something than the original price because of interest
scoundrel [369]4 years ago
3 0
Some advantages are not having to bring cash with you, andyou can keep it in one place. A couple of disadvantages are having the constant threat of account fraud of you're not careful, and you can easily overspend on a credit card.

Hope this helps ~
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In the u.s. economy today, real gdp per person, compared with its level in 1900, is about:
Viefleur [7K]
It is about eight times high.  Gross domestic product is the monetary measure of all goods and services produced by a country within a given period of time. It is an important measure of an economy of a given state or nation. There are two types of GDP , that is the nominal GDP and the real GDP. Real GDP is the total income of everyone in the economy adjusted for the level of base year prices.
7 0
4 years ago
When bonds are issued at a discount and the effective interest method is used for amortization, at each subsequent interest paym
Sladkaya [172]

Question Completion:

A. More than the effective interest.

B. Less than the effective interest.

C. Equal to the effective interest.

D. More than if the bonds had been sold at a premium

Answer:

When bonds are issued at a discount and the effective interest method is used for amortization, at each subsequent interest payment date, the cash paid is:

B. Less than the effective interest.

Explanation:

This cash payment is the product of the bond's face value multiplied by the coupon rate.  The interest expense is increased by the amortized portion of the discount for the particular period.  This means that the interest expense will be higher than the cash payment for interest because of the discount granted at issuance.  And the interest expense is the product of the outstanding debt multiplied by the effective interest rate.

8 0
3 years ago
A venture has net sales of $400,000, cost of goods sold of $200,000, operating expenses (selling, general, and administrative) o
Sphinxa [80]

Given:

Net sales = $400000

Cost of goods sold = $200,000

Operating expenses = $100,000

Interest expenses = $50,000

To find:

The operating profit margin

Solution:

To calculate the operating profit margin, first we have to find the operating profit.

Subtract your total operating expenses from gross profit to calculate operating profit.

That is, \text{Operating profit}=\text{Sales (Revenue) - Cost of goods sold - Operating expenses}\Rightarrow \$400000-\$200000-\$100000=\$100000

Divide operating profit by gross revenue to calculate operating profit margin.

\text{Operating profit margin} = \frac{\text{Operating profit}}{\text{Gross Revenue}}\times100

\Rightarrow\frac{100000}{400000}\times100=25\%

Therefore, the Operating profit margin is 25%.

4 0
3 years ago
Disney starts off its stars with Disney Channel shows, records them on the Disney-owned Hollywood Record label, plays the songs
ELEN [110]

Answer: top of mind awareness

                               

Explanation: In simple words, it refers to the product that customers or potential customers like the most when they think about a particular industry or category. This kind of awareness and product discrimination arise due to the marketing strategies and promotional tools that a firm employs for this different products.

In the given case, Disney wants its viewers to be more aware of their shows and other projects so that they can make their own separate customer base.

Hence we can conclude that they are trying to create top of mind awareness.

5 0
3 years ago
Read 2 more answers
If Cost of Goods Sold is $145,000 and the beginning and ending Inventory balances are $18,000 and $13,000, respectively, invento
postnew [5]

Answer:

B. $140,000.

Explanation:

Inventory purchases refers to the amount of goods or merchandise bought during a particular period by merchandisers or sellers such as retailers, wholesalers, or distributors with aim of selling them to customers.

Inventory purchases can be determined using the formula for computing the cost of goods sold as follows:

Cost of goods sold = Beginning inventory + Inventory purchases - Ending inventory

Substituting the values in the question into the formula above and solve for inventory purchases, we have:

$145,000 = $18,000 + Inventory purchases - $13,000

Inventory purchases = $145,000 + $13,000 - $18,000 = $140,000

Therefore, inventory purchases equal <u>$140,000</u>.

4 0
3 years ago
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