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tankabanditka [31]
3 years ago
12

Pablo has purchased several items from a gadget store. As the storekeeper bills the items, Pablo realizes that he does not have

enough money in his bank account to make the payment. In these circumstances, Pablo can use his _____, which would allow him to make the purchase now and clear the balance later.
Business
1 answer:
Sergeu [11.5K]3 years ago
5 0

Options:

A. Debit card

B. Loyalty card

C. Fleet card

D. Credit card

Answer: D. Credit card

Explanation: A credit card is an electronic payment system which uses cards that are linked to a bank account, this card allows you to make purchases online in order to pay later.

A credit card allows its holders to borrow money from financial institutions with the aim of not exceeding the Financial limits. Financial limits are determined by the issuers of the card based on a person's credit history and amount of minimum savings which are expected.

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Q 7.13: a(n)________ requires a journal entry by the depositor.
kozerog [31]
A BANK SERVICE CHARGE requires a journal entry by the depositor.
On the other hand, the bank errors do not require a journal entry by the depositor.
A journal entry refers to an entry made inside a journal (a bank record). The bank service charge is always shown on the bank statement and on the last date of the bank statement.
4 0
3 years ago
Crane Corporation is reviewing an investment proposal. The initial cost is $103,400. Estimates of the book value of the investme
navik [9.2K]

a) The cash payback period for Crane Corporation's investment proposal is 3 years.

b) The annual rate of return for the investment is as follows:

Year 1 = 10% ($10,700/$104,500 x 100)

Year 2 = 19% ($13,100/$69,300 x 100)

Year 3 = 33% ($14,000/$42,100 x 100)

Year 4 = 82.5% ($17,400/$21,100 x 100)

Year 5 = 232% ($17,900/$7,700 x 100)

c) The net present value of the investment by Crane Corporation is $30,643.

<h3>Data and Calculations:</h3>

Target rate of return = 11%

Year   Initial Cost and Book Value  Annual Cash      Annual Net

                                                               Flows                Income

0                 $104,500

1                                        69,300        $45,900            $10,700

2                                        42,100          40,300               13,100

3                                         21,100         35,000               14,000

4                                         7,700          30,800               17,400

5                                               0          25,600                17,900

The cash payback period is <u>3 years</u> ($104,500 - $45,900 - $40,300 - $35,000).

<h3>Net Present Value:</h3>

Year   Annual Cash Flows    PV Factor        Present Value

0               -$104,500                     1                 -$104,500

1                  $45,900                0.901                  $41,356

2                 $40,300                0.812                   32,724

3                 $35,000                 0.731                  25,585

4                 $30,800                0.659                 20,297

5                $25,600                 0.593                   15,181

Net Present value =                                        $30.643

Learn more about the payback period and NPV at brainly.com/question/16999673

#SPJ1

6 0
1 year ago
Which of the following is an example of crowding out? Question 13 options: A decrease in the rate of growth of the money supply
Dmitriy789 [7]

Answer:

A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.

Explanation:

In domain of economics, crowding out

can be regarded as a phenomenon which take place as a result of increased in involvement of government in market economy sector which substantially has effect on remainder of the market, this effect could be on the supply side, it could be on demand side of the market. An example of crowding out is A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.

7 0
3 years ago
The total amount that you owe for income tax in one year is your tax
Keith_Richards [23]
Yes,yes, it is.

making it longer so i can answer
4 0
3 years ago
Over time, members of the supply chain often formalize their relationship by entering into contracts that dictate various terms,
umka2103 [35]

Answer:

contractual vertical marketing system

Explanation:

In the supply chain management system there is this Contractual Vertical Marketing System under which there is this vertical relationship of marketing in between two positions of the supply chain.

Here also the Walmart is the one which shall supply goods at the last to consumers and that the company P&G shall supply goods to Walmart. This is the chain. Now this is a vertical chain, as from producer to seller to consumer.

And since it is a marketing chain with contractual clauses which include all the penalties also.

8 0
3 years ago
Read 2 more answers
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