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3 years ago

Why may Consumers overspend when using a credit card?

1 answer:

8 0

Because it is very easy to spend money that you do not have by using a credit card. Most think they can pay it off the following month, but that rarely happens.

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Suppose that you go to a bank at which you have no account, give the bank cash, and in return obtain a check drawn against that

igomit [66]

Answer:

Cashier's check.

Explanation:

These checks are said to be quaranteed and issued in the bank by the banking institute. It contains the name of the receiver receipiant which has been inscribed in the check by the banking institute or credit union attached to the receiver also with the amount of money written on it. This amount written on it is known to be the withdrawable amount.

The cashier's check can be sent out in form of a letter, fax or even a mail to the intended persons or organisation making the withdrawal.

Here, monies which are been orders are easily secured by use of a cashier’s checks.

3 0

3 years ago

A company has a market capitalization of $20,000,000. It has 30% of its market cap sold under preferred stock and 70%

Kruka [31]

Answer: $6,000,000

Explanation:

Hi, to answer this question we simply have to multiply the total market capital of the company (20,000,000) by the percentage under preferred stock (30%) in decimal form.

Mathematically speaking:

20,000,000 x (30/100) = $6,000,000

Feel free to ask for more if needed or if you did not understand something.

6 0

3 years ago

You own an e-commerce site that sells skis and related winter sports gear. You gather your team of six employees and ask them to

serious [3.7K]

The great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Instead of sponsoring a giveaway for a free pair of skis, your e-commerce site should employ integrated marketing.

<h3>What is integrated marketing?</h3>

Integrated marketing involves aligning all marketing tactics with a unified, customer-focused promotional messaging, enabling a consistent customer experience with your sports gear brand.

The advantages of integrated marketing include increasing:

Brand awareness
Brand loyalty
Sales volume and revenue.

Thus, the great ideas for improving engagement on the website can be tried, EXCEPT Sponsoring a giveaway for a free pair of skis.

Learn more about integrated marketing at brainly.com/question/9696745

3 0

2 years ago

Activity-Based Product Costing

nikklg [1K]

no matteehow much times i read this is still cant process this

5 0

2 years ago

Derek has the opportunity to buy a money machine today. The money machine will pay Derek $44,309.00 exactly 16.00 years from tod

LenKa [72]

Answer:

$11,160.097

Explanation:

Data provided in the question:

Future value of machine = $44,309.00

Time, n = 16 years

Discount rate, r = 9.00% = 0.09

Now,

The amount Derek is will to pay will be the present value of the machine

Also,

we know

Future value = Present value × (1 + r)ⁿ

on substituting the respective values, we get

$44,309.00 = Present value × (1 + 0.09 )¹⁶

$44,309.00 = Present value × 3.97

Present value = $44,309.00 ÷ 3.97

Present value = $11,160.097

6 0

3 years ago