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
Alexxx [7]
3 years ago
11

When should you open a credit card account

Business
1 answer:
AleksAgata [21]3 years ago
7 0
Definitely number two
You might be interested in
The entity that promises to make the interest and maturity payments for a bond issue is called the:.
vichka [17]

The entity that pledges to make the interest and maturity payment for bond issues is called the <u>issuer.</u>

<u></u>

<h3>Who is a Bond issuer?</h3>

A bond is a completely fixed instrument that reflects an investor's debt to a borrower.

Bonds terms and conditions include the end date when the capital of the loan is scheduled to be paid to the bond owner with a fixed or variable interest payment.

Bond Issuers are businesses or entities that generate and take loans from people who buy bonds in exchange for periodic interest and repayment of the principal amount when the bonds mature.

Learn more about who is a Bond issuer here:

brainly.com/question/25525397

5 0
2 years ago
The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi
olasank [31]

Answer:

$24,000

Explanation:

Since in the question it is given that the  3% of credit sales is considered to be a bad debt expense

where,

Credit sales is $800,000

And, the estimated percentage is 3%

So by considering this above information, the amount debited to bad debt expense is

= $800,000 × 3%

= $24,000

All the other information i.e to be given is not relevant. Hence, ignored it

4 0
3 years ago
What is the endowment​ effect? A. Wealthier individuals place greater value on a particualr good relative to poorer individuals.
mr Goodwill [35]

Answer:

The correct answer is letter "C": People place a higher value on a good if they own it than they do if they are considering buying it.

Explanation:

The Endowment Effect reflects a situation in which people value an object more because they own it. The value they would give the object if they did not have it and were going to purchase it would be lower. This scenario takes place when people give a higher value to their objects because of emotional attachment.

4 0
3 years ago
On November 30, Year 1, Parlor, Inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of S
zepelin [54]

Answer:

$275,000

Explanation:

Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result

<u>Workings</u>

Purchase consideration = 250,000*15 =3,750,000

Percentage acquired = 100%

Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000

Goodwill = 3,750,000=3,475,000 =275,000

6 0
3 years ago
What are the four components used to calculate Gross Domestic Product
sesenic [268]
<span>Personal consumption expenditures.Investment.Net exports.Government expenditure.</span>
3 0
3 years ago
Other questions:
  • The company responsible for the rely tampon used all of the tactics in marketing its product and in defending itself, except:
    12·1 answer
  • Investment increases to​ $1.5 trillion, and the multiplier when the price level is constant is 8. Draw the new aggregate demand
    10·1 answer
  • With respect to organizational changes, a health care organization that discovered weaknesses in the organization’s ability to c
    6·1 answer
  • After cost overruns of the electric project, $20 million was already spent and unrecoverable. it was going to cost $12 million m
    9·1 answer
  • Like every individual business must have
    15·1 answer
  • Provide three examples of how busineses respond to the corona pandemic as part of social responsibility
    7·2 answers
  • Drag each example to the corresponding step in the new-product development process.
    10·1 answer
  • Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Aust
    14·1 answer
  • Which users will be able to see account numbers if they are enabled?
    9·1 answer
  • Refer to the above diagram of the market for corn. If the price in this market is $2 per bushel, then there will be? (The graph
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!