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noname [10]
3 years ago
8

By making minimum payments on a credit card, the consumer can​

Business
2 answers:
kifflom [539]3 years ago
8 0

Answer:

I think by doing this they build up their credit score.

Explanation:

 

Irina-Kira [14]3 years ago
5 0

Answer:

Explanation: By making minimum payments on a credit card, the consumer can guarantee the validity of the credit card and keep their credit valid, since as it is known, said cards  have a deadline on which the customer is made aware of everything related to payments, advances, in conclusion how the summary of your purchases goes. Similarly, a credit card also has a cut-off date, which stipulates the start and end of a monthly cycle at the time each payment is made to it.

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In the market for financial capital, ________.a. those who demand financial capital receive interest on loans. b. those who supp
Flauer [41]

Answer:

The answer is C.

Explanation:

In financial market, it is the money that customers save that is available for loans. So customers supply money for loan into the financial market, and the demand for this money makes loan.

The financial markets help to save money for the future and to borrow money for current use.

3 0
4 years ago
Granite Company purchased a machine costing $136,000, terms 2/10, n/30. The machine was shipped FOB shipping point and freight c
Umnica [9.8K]

Answer:

The machine will enter as 148,480

Explanation:

We should enter the machine as the sum of all cost incurred to get the machine ready for use in behalf of the company.

Purchase cost: 136,000 x (1 - 0.02) = 133,280

shipping cost: (freigh-in)                         3,600

installation cost:                                 <u>     11,600  </u>

Total cost:                                            148,480

The damages will be cost of the period, therefore expenses.

It weren't necessary for the installation of the machine.

8 0
3 years ago
If total assets = 200 and the company has long term debt = 30 and short term debt = 50, what is the shareholders equity?O 30 O 5
Paraphin [41]

Answer:

The shareholders equity is 120

Explanation:

Basing on accounting equation:

Total asset = Liabilities + Shareholders equity

Therefore:

Shareholders equity = Total asset - Liabilities = Total asset - (Short term debt + Long term debt)

The company has total assets of 200, long term debt of 30 and short term debt of 50.

Shareholders equity = 200 - (50 + 30) = 200 - 80 = 120

8 0
3 years ago
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