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3 years ago

Name one alternate option to establish credit if you are unable to get a credit card.

Business

2 answers:

katen-ka-za [31]3 years ago

8 0

Answer:

Option D

Explanation:

Shop credit cards have similar functions as conventional credit cards. Through the account you make payments that can be paid out over period. Most retailers may provide rewards if you place an order with the credit card, or they can provide bonuses such as extra time back for your next order.

Yeah, in general words. Department stores cards appear to be safer than other unsecured loan cards issued by large credit card providers to just get accepted for. A discount card is not only affecting your ratings but plummeting your credit use. If you file for fresh credit, once the lender takes one of any credit files you usually get slapped with a rough request.

pshichka [43]3 years ago

6 0

Answer:

D. Get a gas or department store credit card.

Explanation:

A credit card forms a plastic money and consists of the credit values and is owned by a person and is added to his accounts each time when you make payment and can also be added when you return something that is brought thought the cards.

An alternative method to keep the records is to make use of the gas or the department store credits and that can be used as a credit card alternative at the time of need and can be renewed.

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1. Jim is beginning his research on franchise businesses in order to find one that meets his needsA quick, easy way get general

zysi [14]

ok there are way to much questions can you simplify this question just by a little bit

5 0

3 years ago

Janet bought a share of stock for $47.50 that paid a dividend of $.72 and sold one year later for $51.38. What was her dollar pr

LiRa [457]

Answer:

Dollar profit/loss= $4.6

Holding period of return = 9.68%

Explanation:

Janet bought a share of stock for $47.50

Dividend paid is $0.72

The stock was sold later at $51.38

The first step is to calculate the dollar profit/loss

= stock after a year - cost of stock + dividend paid

= $51.38 - $47.50- $0.72

= $4.6

The holding period return can be calculated as follows

= dollar profit/loss ÷ purchasing price of stock

= 4.6/47.50

= 0.0968×100

= 9.68 %

6 0

3 years ago

Which of the following is most correct:Question 8 options:A firm with financial leverage has a larger equity multiplier than an

elena-14-01-66 [18.8K]

Answer:

A firm with financial leverage has a larger equity multiplier than an otherwise identical firm with no debt in its capital structure.

Explanation:

The equity multiplier basically tells us what portion of the company's assets were financed through equity, i.e. what portion was financed by the company's owners.

the formula to determine the equity multiplier = total assets / total equity

the higher the equity multiplier, the higher the return on equity (ROE), but a high equity multiplier (financial leverage) also increases the company's risk since eventually it might not be able to pay off its creditors if something goes wrong.

8 0

3 years ago

Which of the following taxpayers may not use the standard mileage method of calculating transportation costs? a. A self-employed

frozen [14]

Answer:

The correct answer is (E)

Explanation:

A standard method of calculating transportation cost is used to maintain equality among organisations. This method is applied to all the workers and government employees, but it has some rules and regulations. If an employee for example attorney is using his vehicle for calling on clients is fine as long as the car average fuel consumption is standard. For example, if an attorney used his Tesla for calling on clients is not a standard way which is why transportation cost will not be calculated by the standard mileage method.

4 0

3 years ago

Pierce Corporation exchanged old equipment for new equipment. The original cost of the old equipment was $120,000, and its accum

ololo11 [35]

Answer:

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

--to record trade of equipment--

Explanation:

Let's break the transactions into small parts:

We need to remove the old equipment from accounting along with their accumulated depreciation so:

accumulated depreciation 40,000 debit

old equipment 120,000 credit

Then, we debit the new equipment at fair value:

new equipment 50,000 debit

Last, assuming the trade has commercial substance: we recognize the gain or loss on sale:

book value of traded equipment: 80,000

fair value of new equipment: 50,000

loss at disposal: 30,000

<u>Thus, the journal entry will be as follows:</u>

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

4 0

3 years ago