1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Troyanec [42]
3 years ago
11

Consumer credit has very few advantages and is best avoided at all times.

Business
1 answer:
Thepotemich [5.8K]3 years ago
8 0

Answer:

False

Explanation:

Credit can allow you to make investments that earn money such as a house or a college education. It can also allow you to take advantage of good prices on things that you need such as a car or laptop. While there are disadvantages to credit, and you have to be careful when using it, there are many advantages as well.

You might be interested in
David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each.
Gnoma [55]

Answer:

The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.  

Explanation:  

Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.  

Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.

7 0
3 years ago
If a firm produces a good and then adds it to its inventory rather than selling it, for the purposes of GDP accounting the firm
fenix001 [56]

Answer:

The statement is true.

Explanation:

Investment expenditure refers to the expenses incurred on account of creating capital assets.

If a good is produced but is left unsold or not used in the production process, then, they result in increased inventory, which is considered as an investment by the firm.

For the purpose of GDP accounting, unsold goods in inventory are treated as purchased by the firm from itself. As such, they form a part of investment expenditure in the accounting period.

8 0
2 years ago
The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repai
ELEN [110]

Answer:

(36 /60 ) * 100

Explanation:

Based on the information given the capacity  utilization percentage will be :

Capacity  utilization percentage= (36 /60 ) * 100

Capacity  utilization percentage=60%

Where,

36 per day represent Actual repairs number

60 repairs per day represent Design capacity

Therefore capacity utilization percentage is (36 /60 ) * 100

7 0
2 years ago
5. Explain one reason homeowners might lose their home?
Paladinen [302]

Answer:

if they have not paid their bills on the home and "refuse to" they can lose the house or if they are "horders" and don't follow the rules set by law enforcement and clean their house in the designated time, the house will be taken away from the homeowners and be torn down

6 0
2 years ago
Read 2 more answers
Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti
guapka [62]

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

= ($0.67 - $13,910 ÷ 19,900) × 19,900

= (0.67 - 0.69899) × 19,900

= $577 Unfavorable

Therefore for computing the spending variance for dye costs we simply applied the above formula.

4 0
3 years ago
Other questions:
  • You work for Amazon and you are charged with building consumer awareness for the latest version of the firm’s Kindle reader. Wha
    7·1 answer
  • The relationship between quantity supplied and price is _____, and the relationship between quantity demanded and price is _____
    12·1 answer
  • If Carly shows the interviewer that she is familiar with European Union regulations and knowledgeable about how people in German
    14·1 answer
  • The technique by which performers create music on the spot is known as:
    8·1 answer
  • A company purchased new equipment for $48,000. The company paid cash for the equipment. Other costs associated with the equipmen
    13·1 answer
  • Jane and Sarah were watching the evening news when viewers were asked to weigh in on the city's proposed tax increase. Later in
    7·1 answer
  • NSDC has a contract to produce eight satellites to support a worldwide telephone system (for Alaska Telecom, Inc.) that allows i
    14·1 answer
  • Which of the following actions will help to ensure that formal business documents are trust worthy
    9·1 answer
  • Ted and Lisa are selling their home and have signed a listing agreement. Client or customer? Steven visits Ted and Lisa's open h
    6·1 answer
  • g Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's inventory turnover ratio is _________. (P
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!