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mr Goodwill [35]
4 years ago
15

Opportunities and advancements in the technological environment during the past 20 years have opened the doors for a number of p

roducts that enhance the lives of consumers. Identity theft and other forms of cybercrime are also by-products of these technological advancements. Which of the following statements describes a form of identity theft? Select one:
a. Smartphone apps that permit the consumer to price compare by scanning the barcode of a product, such as a cell phone.
b. Hacking into a business’s database to obtain customer credit card numbers, and then selling those numbers to others for use.
c. GPS technology that permits you to find the exact location of a person, by entering that person’s phone number into your application.
d. The application of cookies to a consumer’s computer system that identify his/her purchasing patterns.
Business
1 answer:
BaLLatris [955]4 years ago
6 0

Answer:

B, Hacking into a business's database to obtain customer credit card numbers and then selling those numbers to others to use.

Explanation:

Hacking into a business's database to obtain credit card numbers of customers is a form of identity theft. This is because the each credit number is unique and connected to an individual's personal information. So once a customer's personal information is gotten, the customer's profile alongside credit card details can be sold to other people to commit crime with.

Cheers.

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D.

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Stolb23 [73]

Answer:

The external financing needed for next year is $1,766,004.

Explanation:

The external financing needed for next year can be calculated using the following formula:

External financing needed = ((Total assets / Sales) * Change in sales) - ((Short-term liabilities / Sales) * Change in sales) - ((Projected sales * Profit margin) * (1 - Dividend payout ratio)) ................... (1)

Where;

Total assets =  $24,705,000

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Change in sales = Sales * Sales growth rate = $30,500,000 * 20% = $6,100,000

Short-term liabilities = Accounts payable = $6,405,000

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Dividend payout ratio = Dividends / Net income = $1,052,220 / $2,630,550 = 0.40

Substituting all the values into equation (1), we have:

External financing needed = (($24,705,000 / $30,500,000) * $6,100,000) - (($6,405,000 / $30,500,000) * $6,100,000) - (($36,600,000 * 0.0862475409836066) * (1 - 0.4))

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8 0
3 years ago
The only way a firm can increase its profits is to increase its sales revenue.
djverab [1.8K]
Hi there! The answer is B. False

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Explanation:

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<u>Consumer surplus</u> refers to the difference between the price that consumers pay and the price that they are willing to pay. Consumer surplus always increases as the price of a good falls and decreases as the price of a good rises. Therefore, in this scenario, as the country exports wheat, more wheat will be available in the market, leading to a fall in price, thereby leading to an increase in consumer surplus.

<u>Producer surplus</u> refers to the difference between how much a producer would be willing to accept for given quantity of a good against how much they can receive by selling the good at the market price. The difference or surplus amount is the benefit the producer receives for selling the good in the market. When prices rise, producer surplus increases, and when price falls, producer surplus decreases. There a decrease in price spurred by more wheat in the market will lead to a decrease in producer surplus.

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ad-work [718]

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The correct answer is false

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