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3 years ago

Everfi module 8 answers the best way to investigate fraudulent transactions on your credit card is to:

2 answers:

8 0

The best way to investigate fraudulent transactions on your credit card is to review your recent credit card statements.

Further Explanation:

Credit card:

A credit card can be used for the purchase of goods and services. Generally, a credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the amount which is borrowed along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.

Investigate fraudulent transactions on credit card:

The cardholder should order a credit card statement. The credit card statement is detailed information regarding the payment history, amount owed, types of credit used, new credits and length of credit history.

The credit card holder can review the credit card statement and analyze the transaction. The cardholder can examine the details of the suspicious transactions such as amount, receipt of the fund, and timing of the transaction to ensure that the transaction is authorized by him or not.

The credit card statement has detailed information about all the transactions. To investigate review your recent credit card statement.

Learn more:

1. Learn more about credit card

brainly.com/question/2668305

2. Learn more about credit utilization value

brainly.com/question/5955652

3. Learn more about trade-offs

brainly.com/question/5057443

Answer details:

Grade: Middle School

Subject: Banking

Chapter: Credit card

Keywords:

best way, investigate, farudalenttransactios, credit card review, line of credit, cardholder, credit card, detailed information, borrowed funds, credit card statemenrt.

olganol [36]3 years ago

4 0

The best way to investigate fraudulent transactions on your credit card is to call your bank to review recent transactions or review your recent credit card statements. By doing this, you are able to check and confirm that you or anyone authorized to make purchases is the only one who has making any transactions on the account.

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What is the Current Ratio given the following information?

azamat

Answer:

The correct option is B that is 0.45

Explanation:

Computing the Current Ratio with the formula which is as:

Current Ratio (CR) = Current Assets (CA) / Current Liabilities (CL)

where

Current Ratio (CA) is $477.50

Current Liabilities (CL) is $1075

Putting the values in the above formula of Current Ratio (CR):

= $477.50 / $1075

= 0.444 or 0.45

Note 1: Inventory will not be included while computing the current ratio, as it is already been added in the current assets. Therefore, there is no need of adding it twice in the Assets.

Note 2: This is the correct formula for computing the current ratio and I computed the same with the given information, so it 0.45 is the correct answer.

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3 years ago

Read 2 more answers

Jerry's Flowers had the following cost information related to its purchases of merchandise. Calculate the total cost of merchand

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Answer:

$91,100

Explanation:

Calculation to determine the total cost of merchandise purchased

Using this formula

Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount

Let plug in the formula

Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000

Total cost of merchandise purchased= $91,100

Therefore the total cost of merchandise purchased is $91,100

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3 years ago

Several years ago Brant, Inc., sold $900,000 in bonds to the public. Annual cash interest of 9 percent ($81,000) was to be paid

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Answer:

The Journal entries are as follows:

(1) On December 31, 2016

Bonds payable A/c Dr. $154,040

Interest income A/c Dr. $14,070

Loss on retirement of debt A/c Dr. $49,000

To investment in bonds $198,870

To Interest expense $18,240

(To record consolidation entry)

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Bonds payable A/c Dr. $158,884

Interest income A/c Dr. $13,761

Investment in Zack A/c Dr. $40,266

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Workings:

Interest expense for December 31, 2016:

Book value = 20% of Bond liability (as per equity method)

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Interest expense = 12% of Book value

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Interest expense for December 31, 2016:

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= 0.12 × $156,325

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3 years ago

If a company reports profit margin of 33.1% and investment turnover of 1.20 for one of its investment centers, the return on inv

PolarNik [594]

If the investment turnover is 1.20 for one of its investment centers, the return on investment must be: 39.72%.

Using this formula

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Where:

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Let plug in the formula

Return on investment = 0.331×1.20

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Inconclusion If the investment turnover is 1.20 for one of its investment centers, the return on investment must be: 39.72%

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2 years ago

The market demand curve for a normal good will shift to the left (decrease) when the price of a substitute good ▼ increases de

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1. decreases
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3 years ago