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daser333 [38]
4 years ago
8

What is a difference between a debit card and a credit card?

Business
1 answer:
Genrish500 [490]4 years ago
3 0
Debit: Your money that is actually yours.

Credit: The banks money that they give you kindove like a loan but not exactly.

Bank: Open to everyone but both have you keep
an account of money.

Credit Union: Only open to a certain group of people but both have u keep an account of money.
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When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the fi
vladimir2022 [97]

Answer:

When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the first year usually is determined by measuring Costs incurred in the first year, divided by estimated total costs for the completed project

Explanation:

The percentage of completion method of revenue recognition is a concept in accounting that refers to a method by which a business recognizes revenue on an ongoing basis depending on the stages of a project’s completion.

In other words, the percentage of completion method is used for longer-term projects and recognizes revenue and expenses as a percentage of the project’s completion during the period.

3 0
3 years ago
Linda and Richard are married and file a joint return for 2019. During the year, Linda, who works as an accountant for a nationa
Vesnalui [34]

Answer:

$4,850

Explanation:

the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2019 tax return is $4,850

This was gotten by adding $850 worth of employee discount coupons for hotel rooms and $4,000 in tuition fees during 2019

$4,000 + $850

= $4,850

4 0
4 years ago
Vulcan, Inc., has 8.4 percent coupon bonds on the market that have 6 years left to maturity. The bonds make annual payments and
larisa [96]

Answer:

The current price of the bond is $913.91 as computed below

Explanation:

In order to determine the current bond price,the pv formula in excel comes handy.

The pv formula is stated as below:

=pv(rate,nper,pmt,fv)

rate is the yield to maturity on the bond which is 10.40% in this case

nper is the period to maturity of the bond which is 6 years

pmt is the annual coupon payment payable by the bond which is denoted as coupon rate* face value of the bond i.e 8.40%*$1000=$84

fv is the face value of the bond which repayable at maturity

=-pv(10.40%,6,84,1000)

=$913.91

8 0
4 years ago
Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio woul
andre [41]

The ratio could increase with the purchase of $170,000 of inventory on account.

3 0
2 years ago
_____ involves interpreting the meaning of the received messages
mr Goodwill [35]

Answer:

Decoding

Explanation:

Decoding involves interpreting the meaning of the received messages.

It is a process through which a non verbal, numeric or an integrated messaged is interpreted.

This process is only complete when the intended message has been correctly decoded and the message has been understood the way it was supposed to be.

For example intelligence companies send each other high intelligence coded messages which are then decoded with the help of professionals to understand the required message.

7 0
4 years ago
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