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ch4aika [34]
3 years ago
14

Credit card refinancing vs debt consolidation

Business
2 answers:
Andrews [41]3 years ago
8 0

Answer:

Explanation:

Credit card refinancing involves moving the balance from one credit card on to another credit card with a lower interest rate to save money. Debt consolidation focuses on combining several sources of debt into one account with a single monthly payment. While both can save money on interest, debt consolidation is more about reducing the number of accounts into a single personal loan.

andre [41]3 years ago
8 0

Credit card refinancing is choosing the best credit card with the lowest rate possible. On the other hand, debt consolidation can involve multiple credit cards or loans.

When you consolidate, you are combining multiple payments into 1 simple monthly payment.

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Which of the following selections effectively use the "you" view.
-Dominant- [34]

Answer:

  • B. Thank you for your letter regarding your CRB2 home entertainment center.
  • D. You are invited to take advantage of our professional development workshops.

Explanation:

The ''you'' view refers to a style of writing where the sender intends to make sure that the focus is on the person receiving the correspondence.

By using the ''you'' view, the receiver becomes the subject of the correspondence such that the text and its contents and are directed at the receiver.

The correct options would be B and D because the options were directed strictly to the receiver and no one else.

4 0
3 years ago
Tsao Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the yea
Kisachek [45]

Answer:

 a) production units = 450,000

b) Amount of raw materials = 1,010,000.

Explanation:

The production budget is computed as follows;

Production budget = Sales budget + closing inventory - opening inventory

Production budget= 480,000 + 50,000 - 80,000

                              = 450,000 units

<em>The raw material purchase budget is the amount of material to be purchased to accommodate production need and inventory of materials to be kept.</em>

Purchase budget = usage budget + closing inventory - opening inventoy

Purchase budget = (2× 500,000) + 45,000 - 35,000

                       =  1,010,000.

4 0
3 years ago
Summarize the steps of the cetr plan.
MAVERICK [17]

Answer:

The summary of the steps are as shown below;

Step 1: Reflection and Self-Evaluation.

Step 2: Exploration.

Step 3: Decision-Making and Goal Setting.

Step 4: Gaining Experience.

Step 5: Implementation.

Explanation:

A career is a professional endeavor undertaken during a specific period in one's life with the opportunity for growth. Picking a career is one of the most important things that most individuals do in life. It is therefor necessary to choose a career that is in line with one's interest, capabilities and passion. The following are steps to be followed in planning a career path, namely;

Step 1: Reflection and Self-Evaluation.

This is the first step involved in career planning. It involves the gathering of  information about oneself that will assist in choosing a career that matches one personality, interests, capabilities and goals.

Step 2: Exploration

Exploration involves looking into various alternative careers that matches one's personality. This step usually includes specific research on different careers to make a decision on a specific career that best fits one's requirements.

Step 3: Decision-Making and Goal Setting.

In this step, one decides on the specific career that they want to pursue. They also set achievable goals and timelines that the goals need to be achieved.

Step 4: Gaining Experience.

In this step, one looks for relevant experience in that career field. This usually involves the seeking of potential jobs that will ensure career growth that is in line with their goals.

Step 5: Implementation.

Once all the steps have been identified, one can now implement everything on the plan. This actually involves the putting the plan into action.

8 0
3 years ago
Common stocks have less security than ______________ stock, but it also has greater potential for reward.
Yuri [45]

Your answer is, Preferred.

<h3><u>What is a Preferred Stock</u></h3>

Preferred stock is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.

<h3><u>Impact of a Preferred Stock</u></h3>

Companies that offer preferred shares instead of issuing bonds can accomplish a lower debt-to-equity ratio. That allows them to gain significantly more future financing from new investors. A company's debt-to-equity ratio is one of the most common metrics used to analyze the financial stability of a business.

<h3><u>The 5 types of Preferred Stock</u></h3>
  • cumulative
  • participating
  • convertible
  • callable
  • adjustable-rate

Thus, <u>option c</u> is your answer.

Learn more about a Preferred Stock here: brainly.com/question/18068539

6 0
3 years ago
What is not the best speed control option to use when approaching a stale green traffic light? a. maintain speed b. apply brake
romanna [79]

Answer:

c

Explanation:

A stale green light is light that is about to turn yellow because it has been green for a while

Cover brake involves taking ones foot off the accelerator and hovering it over the brake pedal.

Cover brake is necessary when there is a stale green light in case there is a need to stop suddenly or reduce speed

6 0
2 years ago
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