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3 years ago

What is the most important factor to consider when selecting a credit card if you pay the balance every month on time

Business

2 answers:

zysi [14]3 years ago

8 0

Answer:

Annual fee ( B )

Explanation:

The most important factor to consider when selecting a credit card if you pay your balance on time which means that you have a god credit score and you should be conscious of the Annual fees charged by the issuing bank

The APR ( annual percentage rate ): this is the annual rate charged or earned for either borrowing or investing it is applicable on loans and credit card. since you have a good credit record i.e you pay your monthly balance on time you shouldn't be bothered about that

Annual fees are charged automatically because of the benefits that comes with the use of credit card and this is regardless of your credit score

Late fees are charged for late payment made on credit card

Over-the-limit fee are fees charged once a cardholder makes purchases over the balance of their credit card

guapka [62]3 years ago

4 0

The answer is B.
hope it helps

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SFX Paintball Games, Inc., and Truck & Trailer Delivery Corporation sign an agreement that provides for the payment of "$1,0

Jlenok [28]

Answer:

A liquidated damages clause.

Explanation:

The liquidated damage clause is the clause in which the party who has breach the contract or who has delay the completion of the contract has to pay the damages for the liquidation of the contract

here in the given situation, since the company has an agreement with the other party and if anyone party breach the contract then the price they paid would be $1,000 approx

Therefore this represents the liquidated damages clause

6 0

3 years ago

A company purchased $6,000 worth of supplies in August. On August 31, the balance in the Supplies account was $3,200. The adjust

Doss [256]

Answer:

The answer is C. Debit to Supplies for $2,800

Explanation:

Supplies of worth $6,000 was purchased in Aug.

And on Aug. 31, $3,200 balance was left.

That means $2,800($6,000 - $3,200) has been used.

The supplies expense account will he debited for $2,800.

Note that expense increases with debit and credit decreases expense.

Option B, D, E are wrong because the expense increases and not decreases.

3 0

2 years ago

Assets are usually reported at their A. appraised value. B. historical cost. C. current market value. D. none of the above.

WITCHER [35]

Answer:

B. historical cost.

Explanation:

In financial statements assets are reported at their cost of purchase or historical cost. This approach does not account for price fluctuations under present market conditions.

Historical cost is used to avoid inflating financial position of an organisation, as price changes in the market are largely temporary.

Valuation on the other hand considers an asset's fair market value.

6 0

3 years ago

E) True, false, uncertain, or not enough information?

Evgesh-ka [11]

False, If wage goes up so will everything else

4 0

3 years ago

Donald Gilmore has $100,000 invested in a 2-stock portfolio. $35,000 is invested in Stock X and the remainder is invested in Sto

netineya [11]

Answer:

Beta of Portfolio is 0.98

Explanation:

<u>Given</u>: Investment in security X = $35,000

Investment in security Y = $65,000

Beta of X = 1.5

Beta of Y = 0.70

Beta is a measure of degree of responsiveness of a security return with respect to market return.

The portfolio beta is the weighted average beta of individual stock beta's in a portfolio.

Beta of portfolio = Beta of Stock X × Weightage of money invested in X + Beta of Y × Weightage of money invested in Y

Beta of Portfolio = 1.50 × $\frac{35,000}{100000}$ + 0.7 × $\frac{65000}{100000}$

Beta of Portfolio = 0.525 + 0.455 = 0.98

6 0

3 years ago