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3 years ago

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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Which component is more likely to be biased if book values are used in the calculation of wacc rather than market values?

Luden [163]

<u>Common Stock</u> is more likely to be biased if book values are used in the calculation of WACC rather than market values.

<h3><u /></h3><h3><u>How Does Common Stock Work?</u></h3>

Security called common stock serves as a proxy for a company's ownership. Common stockholders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher.

Common shareholders, however, do not have any rights to a company's assets in the case of liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated. On a company's balance sheet, common stock is listed under stockholders' equity.

<u>How Do I Cast a Ballot Using Common Stock at Corporate Meetings?</u>

Ordinary common shares typically have one vote per share, giving shareholders the ability to cast a ballot on corporate decisions, which are frequently made at a company's annual meeting of shareholders. If you're unable to vote in person, you can choose to have a representative vote on your behalf if you choose (along with others who cannot attend).

Votes may be taken on matters like whether to merge with or purchase a business, elect board members, or consent to dividends or stock splits.

Learn more about the WACC with the help of the given link:

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5 0

2 years ago

A market structure with a large number of sellers who make differentiated products is called _____.

Lubov Fominskaja [6]

The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

4 0

3 years ago

Exercise 6-11A Record transactions using a perpetual system (LO6-5) DS Unlimited has the following transactions during August. A

ZanzabumX [31]

Answer and Explanation:

The journal entries are shown below:

On Aug 6

Inventory (60 × $150) $9,000

To Accounts Payable $9,000

(being inventory purchased on account is recorded)

On Aug 7

Inventory Dr $350

To Cash $350

(Being freight charges paid in cash)

On Aug 10

Accounts Payable $600 (4 × $150)

To Inventory $600

(Being returned inventory is recorded)

On Aug 14

Accounts Payable ($9,000 - $600) $8,400

To Inventory ($8,400 × 3%) $252

To Cash $8,148

(Being cash paid is recorded)

On Aug 23

Accounts Receivable ($170 × 40) $6,800

To Sales revenue $6,800

(Being sales is recorded)

Cost of goods sold $6,070

To Inventory $6,070

(Being cost is recorded)

6 0

3 years ago

Sammy's Pizza had the following financial information for the year as follows ($ in millions):

daser333 [38]

Answer:

Net Cash flow from Investing activities -$1,900

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

Cash flow from Investing activities

Purchase equipment - $5,400

Sale of land $3,500

Net Cash flow from Investing activities -$1,900

All other transactions are related to the operating and financing activities. Hence ignored it

7 0

3 years ago

The following selected account balances appeared on the financial statements of the Washington Company:

Contact [7]

Answer:

Cash Collections from customers = $60,000

Cash paid to suppliers = $33,000

Explanation:

Given:

Accounts Receivable, Jan 1 = $13,000

Accounts Receivable, Dec 31 = $9,000

Accounts Payable, Jan 1 = $4,000

Accounts Payable Dec. 31 = $7,000

Merchandise Inventory, Jan 1 = $10,000

Merchandise Inventory, Dec. 31 = $15,000

Sales = $56,000

Cost of Goods Sold = $31,000

Now,

Cash Collections from customers

= Accounts Receivable, Jan 1 + Sales - Accounts Receivable, Dec. 31

= $13,000 + $56,000 - $9,000

= $60,000

also,

Purchase

= Merchandise Inventory, Dec. 31 + Cost of Goods Sold - Merchandise Inventory, Jan 1

= $15,000 + $31,000 - $10,000

= $36,000

and,

Cash paid to suppliers

= Accounts Payable, Jan 1 + Purchase - Accounts Payable Dec. 31

= $4,000 + $36,000 - $7,000

= $33,000

8 0

3 years ago

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

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