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
OleMash [197]
3 years ago
9

QUESTION 4 / 10

Business
1 answer:
Umnica [9.8K]3 years ago
3 0

Answer:

C. The longer you use credit responsibly, the higher your

credit score will be.

Explanation:

A credit card allows its user to access a short term loan. Every payment made via a credit card is considered a loan. The loan attracts interest monthly. Defaulting on credit card payments is similar to defaulting on any other loan type.

Responsible use of a credit card entails using it only when necessary. It means making prompt payments to clear monthly bills.

Credit card history is important information when tabulating an individual's credit score.  Anyone who uses their credit card responsibly ends up with a good credit score.

You might be interested in
Merle Industries had been selling its product for $24 per unit, but recently lowered the selling price to $17 per unit. The comp
Lana71 [14]

Answer:

The company’s inventory be reported on the balance sheet as $3,150.

Explanation:

GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.

According to given data

Available Inventory = 210 units

Cost of Inventory = 210 units x $20 = $4,200

Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.

So,

Net realizable value is = 2,100 units x $15 = $3,150

As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.

7 0
3 years ago
The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d
Verdich [7]

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

4 0
3 years ago
For 115 consecutive days, a process engineer has measured the temperature of champagne bottles as they are made ready for servin
vaieri [72.5K]

Answer:

40° Fahrenheit

Explanation:

For an X-bar, the centre line is then average across all components. In this case, the average temperature across all 1150 bottles over 115 days will be 40° Fahrenheit as it is reported.

8 0
2 years ago
Rhombus corp. is a rapidly growing company that just experienced a very profitable quarter. the company's board of directors has
marissa [1.9K]
<span>This shows that the board has decided to re-invest the profits in the business instead of paying it to common shareholders. This is one of the drawbacks of owning common stock in comparison to preferred stock. Dividends and other company earnings are not always shared with the stockholder.</span>
3 0
3 years ago
Please select the industry-standard types of cameras. A)Point and shoot B)Camera Phone C)HDR D)Polaroid E)DSLR
Delicious77 [7]

Answer: Polaroid and HDR D

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • The management fee for most mutual funds ranges between ______ percent.
    9·1 answer
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • ____ occurs when methods excessively depend on each other and makes programs more prone to errors.
    11·2 answers
  • 1. ________ dictate the terms and conditions state governments would have to meet in order to qualify for financial assistance i
    13·1 answer
  • What is the fourth part to property rights?
    10·1 answer
  • Drew contracts to sell a house to Evan. The contract provides that if Drew does not sell the house by February 10, he must pay E
    5·1 answer
  • The adjusted trial balance of Antoine Corporation at December 31 shows that sales revenue for the year was $ 520 comma 000 and o
    15·1 answer
  • How many courses do you need to finish a major?
    14·1 answer
  • the temporary difference is $60 million. Payne has no other temporary differences and no valuation allowance for the deferred ta
    12·1 answer
  • 3
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!