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Bezzdna [24]
3 years ago
12

Olivia found herself in over $10,000 worth of credit card debt after she graduated from college. Most of her purchases on her cr

edit cards came from purchases at the mall which included clothing, shoes, and purses. She also used her credit cards to finance her vacation to Mexico during spring break. Overwhelmed by her high credit card balances, Olivia has decided she wants to start digging herself out of credit card debt. What is the first step she should take?
Business
1 answer:
Mkey [24]3 years ago
7 0

Answer:

stop using her credit card

Explanation:

Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.

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If a family spends its entire budget in a given time frame, the family can afford either 90 cans of vegetables or 60 frozen pizz
Alborosie

Answer:

60 frozen dinners is better

Explanation:

4 0
4 years ago
Consider the adjustment process at the end of the accounting period. 1. Record the adjusting entries in the journal. 2. Prepare
dimulka [17.4K]

Answer:

3, 1, 4, 2

Explanation:

The adjustment are required so that any change in any account would be recorded in the books of accounts

The steps to record the adjustments is as follows

3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc

1. Record the adjusting entries in the journal.  Like supplies, insurance, rent, etc

For example, the adjusting entry for supplies account is

Supplies expense A/c Dr XXXXX

     To Supplies A/c XXXXX

(Being the supplies expense is recorded)

4. Post the adjusting entries to the general ledger.

2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.

6 0
3 years ago
Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers
djverab [1.8K]

The option Randolph has a diversity action that can be brought in federal court is a true statement

Option C is correct .

Federal Court :

Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties

What is the jurisdiction of a state?

Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.

Learn more about federal court :

brainly.com/question/25947870

#SPJ4

5 0
2 years ago
Plattsburgh Tech’s annual demand is 3,000 units which costs $30 per unit. You are in charge of inventory management of Plattsbur
padilas [110]

Answer:

a. 320 units

b. $1,920

Explanation:

EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit

        = √ (2 × 3,000 units × $102.40 / ($30 × 20%))

        = 320 units

total inventory cost = ordering cost + holding cost

                                = 3,000 units/ 320 units  × $102.40 + 320 units/ 2 × ($30 × 20%

                                = $960 + $960

                                = $1,920

8 0
3 years ago
The demand for onions does not change when a change in​ _______ occurs. A. the population B. the price of tomatoes ​(tomatoes ar
bezimeni [28]

Answer:

D. the price of onions

Explanation:

The price of onions leads to a change in the quantity demanded of onions. If price increase, the quantity demanded of onions fall all things being equal. If price falls, the quantity demanded of onions increases all things being equal.

The other factors affect the demand for onions.

I hope my answer helps you

6 0
3 years ago
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