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
Mice21 [21]
3 years ago
8

Which of the following is recommended when paying a credit card bill?

Business
1 answer:
Vika [28.1K]3 years ago
5 0

Answer:

D

Explanation:

To get it out of your way

You might be interested in
All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they ____ (A) have mo
madam [21]

Answer: All competitive advantages do not accrue to large-sized firms. A major advantage of smaller firms are that they "(B) can launch competitive actions more quickly."

Explanation: Smaller companies can launch competitive actions faster because being smaller, communication is much faster, and decision-making involves fewer interested people who may differ in opinions to direct competitive strategies.

4 0
3 years ago
The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the
andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance  $600          Allowance for Doubtful debt   $200

Sales                       $3,200       Cash Collected                        $3,100

                                                   Closing Balance                       <u>$500</u>

                                <u>$3,800</u>                                                         <u>$3,800  </u>  

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0
3 years ago
I The indirect and direct methods of preparing the statement of cash flows are identical except for
NemiM [27]

The cash flow statement (CFS) measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses. The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1

In this article, we'll show you how the CFS is structured, and how you can use it when analyzing a company.

KEY TAKEAWAYS

A cash flow statement is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.

The cash flow statement measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses.

The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1

The main components of the cash flow statement are cash from operating activities, cash from investing activities, and cash from financing activities.

The two methods of calculating cash flow are the direct method and the indirect method.

4 0
3 years ago
Define foreclosure economics.​
Kobotan [32]

Answer:

Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property

8 0
2 years ago
Monty loaned his friend Ned $24,000 three years ago. Ned signed a note and made payments on the loan. Last year, when the remain
Airida [17]

Answer:

Short term capital loss and $10,800

Explanation:

Remaining balance - Capital gains

$18,000 - $7,200 = $10,800

Monty can report the bad debt of $18,000 as short term capital loss since it is expense for the business and receivables are not recoverable. This amount can be reported as loss of the business.

5 0
2 years ago
Other questions:
  • The marginal utility for the third unit of X is 63 utils, and the marginal utility for the fourth unit of X is 56 utils. Assume
    8·1 answer
  • A/an _______ is a mathematical statement that calculates a value. A. argument B. function C. order of operations D. formula?
    14·1 answer
  • Explain the difference between imports and exports.
    14·1 answer
  • Suppose that productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe rece
    9·1 answer
  • A decentralized organizational structure is predicated on a belief that A. decision-making authority should be put in the hands
    12·1 answer
  • The marginal cost of Alexa's Guide to Street People and Their Pets is constant at $5. Alexa sells 5,000 copies per year at $20 p
    12·1 answer
  • Farah is one of a handful of permanent employees at an e-retailing company that has little to no formal structure. Depending on
    9·1 answer
  • 1. What is the "Term" for the Lease and Financing of a Car mean?
    5·1 answer
  • Use a business directory to identify several nonprofit corporations in your area. What public service is each providing? Why do
    15·2 answers
  • In the presence of sunlight plants use photosynthesis to transform water and a carbon dioxide into sugar and oxygen Why then is
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!