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mina [271]
3 years ago
14

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

Business
2 answers:
Svetradugi [14.3K]3 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]3 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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Payton, Inc.'s charter authorized 100,000 shares of stock with a par value of $1 per share. Payton issues 100 shares at a market
hoa [83]

Answer:

Common stock and $100

Explanation:

The journal entry is shown below:

Cash Dr $500   (100 shares × $5)

     To Common stock $100  (100 shares × $1)

     To Additional paid in capital in excess of par value - common stock  (100 shares × $4)

(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased the assets and credited the common stock and additional paid in capital as it increased the stockholder equity    

6 0
3 years ago
Return on assets is equal to:________
Sunny_sXe [5.5K]

Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

Learn  more about assets here brainly.com/question/25746199

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6 0
2 years ago
Think about a small business you might enjoy opening. Typical examples might be a restaurant, specialty clothing store, or profe
PolarNik [594]

Answer:

Explanation:

When opening a business in a monopolistically competitive market structure it is incredibly difficult to compete and find a loyal customer base to make a profit. The best way to differentiate your product would be to personalize it as much as possible for every client. Personalizing not only the product but the shopping experience for each individual client makes that client feel special and cared about. This helps convince them to purchase this product from you as opposed to a competitor. Therefore, slowly increasing your loyal customer base.

6 0
3 years ago
Visit a nearby office of a company or consult the office of your school. study the various types of human resources working ther
BartSMP [9]

Explanation:

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8 0
3 years ago
Read 2 more answers
CAN SOMEONE HELP ME PLEASE?!
Alenkinab [10]

Answer: The free enterprise economy seeks to maintain economic freedom. As mentioned earlier, the goal is for businesses to be able to make their own decisions with little government interference. Efficiency - The goal of efficiency is to make the best use of the resources that are available.

6 0
3 years ago
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