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oksian1 [2.3K]
4 years ago
10

If you fail to pay our credit card ant the issuer tries but cannot collect the balance from you the results could be

Business
2 answers:
Zolol [24]4 years ago
8 0

Answer:

A) a charge-off.

Explanation:

A bank or any other type credit card issuer can declare a charge-off when they believe that the debtor will not be able to pay the debt. If a persons fails to make on time payments on several occasions, he/she will be considered a delinquent debtor. Usually it takes around 6 months of not paying on time in order to be declared a delinquent debtor.

Debts are charged-off for tax purposes, since they are written off as bad debt.

Juliette [100K]4 years ago
7 0
I believe its c but not sure 
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Wolf Den Craft Beers projects that it will need​ $50 million in total assets to meet the sales projection of​ $65 million. The p
ivanzaharov [21]

Answer:

$5 million

Explanation:

As we know the asset is financed from two capital sources equity and liability.

Using Accounting equations as follow

Assets = Equity + Liabilities

Total Assets Value = Equity Value + ( Account Payable + Accrued expenses + Long-Term Debt )

As we both sides are not equal, asset are more that the sum of equity and liabilities so we need more borrowing to finance the assets.

$50 million = $25 millions + ( $8 million + $2 million + $10 million ) + Additional Borrowing

$50 million = $25 millions + $20 million + Additional Borrowing

$50 million = $45 millions + Additional Borrowing

Additional Borrowing = $50 million - $45 millions

Additional Borrowing = $5 million

7 0
3 years ago
Natalie walks by a bakery, and her first response to the aroma coming from the store is a desire to eat something sweet and deli
Lisa [10]
From the instantaneous response that Natalie experienced, the answer should be C) Sensation.
8 0
4 years ago
A technician is talking to end users about the specifications for an upgraded application server. The users of the application r
grigory [225]

Answer: RAID 10

Explanation: RAID is a data storage technology that joins various physical disk drives into 1 or more logical units. The aim of this is to improve performance, reduce data redundancy, or to incorporate both of these aspects.

RAID 1+0 or RAID 10, makes use of a minimum of 4 disks, to stripe data across these disks in pairs. This action combines disk striping with disk mirroring to protect data. Data is retrieved so long as 1 disk in the mirrored pair is operational. These functions can improve the system that the technician is trying to fix.

6 0
3 years ago
Operational effectiveness refers to: Group of answer choices matching the benefits of a successful position while maintaining an
Harrizon [31]

Answer:

refers to performing the same tasks better than rivals perform them.

Explanation:

Operational effectiveness is refers to the situation in which the things excel. It helps in the progression of a work and brings change in the output of the company. When the inputs of the organization are used at the best possible way to bring the maximum outputs out of them, the company is said to be experiencing the operational efficiency. In this process the company excels and leaves the competitors behind.

5 0
3 years ago
In a market economy, decisions about which goods are produced are based
notsponge [240]

Answer:

A what businesses believe will generate the most profits.

Explanation:

In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.

The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.

5 0
3 years ago
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