1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
4 years ago
8

Which is NOT a positive reason for using a credit card to finance purchases? You will get charged high interest. You can buy som

ething you need now and pay for it after pay day. You can get rewards and discounts. Paying it off on time can help build your credit history
Business
1 answer:
Alja [10]4 years ago
7 0

Answer:

<h2>In this case,the correct answer is the first option given in the answer choice or options or You will get charged high interest.</h2>

Explanation:

  • An use of credit card to finance purchases enables the consumers or buyers to make post consumption or purchase payments thereby, providing the convenience of stress free shopping for them.
  • However, the credit card companies or financial institutions issuing credit cards can issue high interest rates that the consumers or buyers are liable to pay along with the due balance on any purchase or consumption made through credit card payments within a certain period of time.
  • The determination of interest rates on credit cards basically depends on multitude of factors such as individual purchase limits on the card, the personal credit history and performance of individual consumers or buyers, previous payment records and history of the concerned customer, the overall ability of the customers to make timely repayments on any credit card purchase along with respective interest rates and so forth. Hence, high interest rates indicates higher repayments on credit card payments which can deter customers to avail credit cards.
You might be interested in
A portfolio consists of three stocks. There are 540 shares of Stock A valued at $24.20 share, 310 shares of Stock B valued at $4
AVprozaik [17]

Answer: 12.47%

Explanation:

The value of each stock will be gotten by their unit multiplied by the price.

Value of Stock A = 540 × 24 2 = 13068

Value of stock B = 310 × 48.1 = 14911

Value of stock C = 200 × 26.5 = 5300

Total value of stock = 33279

Weight of stock A = 13068 / 33279 = 0.393

Weight of stock B = 14911 / 33279 = 0.448

Weight of stock C = 5300 / 33279 = 0.159

The expected return on this portfolio will then be:

= (0.393 × 8.3) + (0.448 × 16.4) + (0.159 × 11.7)

= 12.47%

8 0
3 years ago
A manager is asked to find new directions for an old product line. the task is interesting, but there is a great deal of ambigui
Marina86 [1]

Answer:

The answer would be, Democratic or Participative Style of leadership.

Explanation:

Democratic or Participative Style of Leadership is the leadership which emphasis on the participation from the team members in the decision making process. New ideas, new suggestions are encouraged in this style of leadership.

So in this scenario, when the manager is asked to find out new directions for an old product, the wants to hire people with fresh minds and new ideas who have recently graduated from the colleges. So the manager is practicing the Democratic/ Participative style of leadership.

6 0
3 years ago
Fiat money has an alternative use as an economic good, while commodity money did not. True or false
Drupady [299]

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

4 0
4 years ago
ASC Topic 235, Notes to Financial Statements
Nutka1998 [239]

Answer: d. Requires description of all significant accounting policies to be included as an integral part of the financial statements.

Explanation:

There are several accounting and valuation policies that a company can use when presenting its financial information for the year. Companies are meant to follow the policies that would most fairly represent their assets and liabilities.

When they pick these valuation methods, it is important that the people who study their financial statements know the valuation and accounting methods used so that they can understand the figures.

To this end, ASC Topic 235 requires that the company should include the significant accounting policies that it used as notes so that financial statement users understand how the company reached the figures it recorded.

4 0
3 years ago
With a client-based network, one fundamental problem is that:
stich3 [128]

Answer:

The correct answer is: d) all data on the server must travel to the client for processing

Explanation:

This client server model has several advantages and disadvantages which are important to mention and know when establishing if it is what we need or if it suits what we are looking for.

Disadvantages

  • It requires skill for a server to be repaired. For example, if a problem occurs on the network, someone with a large number of it is required to be able to repair it in its entirety in order to let the information and the proper functioning continue its flow.
  • Another problem is security, the fact that information channels are shared between servers and clients require that they go through validation processes, that is, security protocols that can have some type of open door allowing physical damage, threats or attacks to be generated. of malware.
  • This model represents an important limitation in terms of economic costs because these servers are high-level computers with specific hardware and software to enable our applications to function properly. Something important to note is that it is not only expensive to solve problems as mentioned before, but also has a high cost to replace components that are damaged.
7 0
3 years ago
Other questions:
  • A precisely measured volume of 250.0 mL of a saturated NaCl(aq) solution at room temperature is heated to
    13·1 answer
  • Once April has the photo in her document, she wants to make several changes to it. What DTP feature is the best tool for April t
    14·2 answers
  • When her manager asks Sally to demonstrate how fast she can accomplish her task on the production line, Sally finishes the task
    7·2 answers
  • Growth of specialization in the kinds of jobs people hold __________. has slowed dramatically since the 1970s, along with the de
    15·1 answer
  • Sam would like to use his extensive stamp collection as collateral for a secured loan. Sam has documentation that says his stamp
    7·1 answer
  • The leftover mash consists of water and corn. Ethanol producers will often dry this mash, collect the corn, and sell it as lives
    13·1 answer
  • Write product user acceptance criteria, project-management related deliverables and product-related deliverables for new parking
    12·1 answer
  • Free cash flows are a. dividends that have been distributed to shareholders that are taxed as capital gains. b. liquid financial
    11·1 answer
  • Wayne Co. had a decrease in deferred tax liability of $20 million, a decrease in deferred tax assets of $10 million, and an incr
    14·1 answer
  • The legal form of business ownership that is owned by two or more people is a ____
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!