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ch4aika [34]
3 years ago
13

1. True or false? When you use revolving credit, you borrow a fixed amount and make regular payments until you’ve paid off the l

oan.
Business
2 answers:
Kaylis [27]3 years ago
7 0

True is the answer, because they would set up a payment plan with you first and it is much easier financially to do regular payments rather than one huge one.

Naily [24]3 years ago
6 0
It’s True when you use revolving credit
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A bank pays "interest" (the rental price paid for use of the money) on savings accounts, CD’s and on some types of______________
erik [133]

Answer and Explanation:

Checking accounts.

Bank pays interest on savings account, certificate of deposits and checking accounts. These pay may vary but are paid by the bank to their client. Percent  of interest is set by the central bank or the state bank of the country.

8 0
3 years ago
Ralston purina offers super-premium dog foods based on "life-stage nutrition." the repositioning strategy ralston purina is usin
Ivanshal [37]

The strategyn Ralston Purina used is called Trading Up.

Trading up is making the number of features in a product that increases. For an example, making it's quality better, adding extra details etc. They do that sometimes to make the price of their product to go up.  

5 0
4 years ago
On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had
erma4kov [3.2K]

Answer:

$378,756

Explanation;

The net present value of land will be =$450,000/1.09^2=$378,756

The land will be recorded in net present value of land by discounting the cost of land with interest rate of buying from the bank.

4 0
3 years ago
The general ledger journal entry in the General Fund to record actual expenditures and reversal of the associated encumbrance wo
HACTEHA [7]

Answer:

A credit to Encumbrance Control

Explanation:

In the case when the journal entry is the general fund is recorded and when we have to record the actual expenditure and the reversal of the attached encumbrance so here the encumbrance control should be credited as we have to record the actual expenditure that have incurred also the reversal of attached encumbrance so this account should be credited

8 0
3 years ago
A manufacturer of jewelry imitates the style of a popular and expensive brand using manufactured stones rather than real gemston
Anastasy [175]

Answer:

The correct answer is: counterfeiting.

Explanation:

Falsification is an act consisting in the creation or modification of certain documents, effects, products (goods or services), in order to make them appear as true or to alter or simulate the truth.

Counterfeiting is considered a crime of “white gloves”, since it lacks violence and generally involves commercial transactions. Counterfeits can be made, among others, with respect to public or private documents, coins, bills or other securities, art and products trademarks .

In the first cases, it is a crime that affects the public faith, and may become a form of fraud, while the latter is understood to be a vulnerability of industrial property (being copies without licenses, to be sold as if they were original ).

7 0
3 years ago
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