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OlgaM077 [116]
3 years ago
12

Taking a cash advance on your credit card for daily living expenses may not be a wise financial decision because interest begins

on the cash advance balance amount immediatelytrue/false
Business
1 answer:
Phoenix [80]3 years ago
6 0

Answer:

The statement is true

Explanation:

Credit card is the card which provide the benefit to the people to purchase the items without cash. In short, it is that card which the person could use when the person is short of cash or does not have cash while purchasing the item.

The benefit which is provided, it is against the interest which is being charged from the day the amount is spent till the date the whole amount (which is principle amount plus the interest amount) is paid to the company.

So, taking the cash in advance from the credit card would not be a wise decision as the interest begin from the day the advance is taken.

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In macroeconomics, ___________________________ describes a situation in which two people each want to exchange some good or serv
Tomtit [17]

Answer:

The correct answer to the following question is option B) a double coincidence of wants .

Explanation:

The term double coincidence of wants ( which is also know as coincidence of wants ) can be defined as a situation where a buyer and seller can simultaneously fulfill each other's needs and wants because both of them possess what other want. Here if both parties possess what other want , they can directly exchange it , without any use of monetary medium.

3 0
3 years ago
When a market is in equilibrium, the buyers are those with the ________ willingness to pay and the sellers are those with the __
Sergeu [11.5K]

Answer:

Highest, Lowest

Explanation:

7 0
3 years ago
Why do we need an organizational structure?
san4es73 [151]

Structure will give employees more clarity, help manage expectations, enable better decision-making and provide consistency.

7 0
3 years ago
The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers
Papessa [141]

Answer:

customer relationship process

Explanation:

customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.

8 0
3 years ago
Ellen Carson’s sales for 5 months were $26,908, $28,386, $28,730, $27,290, and $29,009. What must be her sales next month if she
hjlf

Answer:

$28,065

Explanation:

The moving averages method uses the means of the previous months as the forecast for the next months.

The formula for the moving average is as below.

Moving Average = (n1 + n2 + n3 + ...) / n

In this case, the Moving average = $26,908 +$28,386 +$28,730, $27,290+  $29,009 / 5

= $140,323 /5

=$28,064.6

=$28,065

7 0
3 years ago
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