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Andrei [34K]
3 years ago
5

Credit cards and charge cards differ in two important ways. One is the method of payment. What is the other difference? A. You e

arn interest when you use a credit card but not a charge card. B. You earn interest when you use a charge card but not a credit card. C. You have to pay interest on credit cards but not on charge cards. D. You have to pay interest on charge cards but not on credit cards.
Business
2 answers:
inessss [21]3 years ago
7 0

B You earn interest when you use a charge card but not a credit card.

ziro4ka [17]3 years ago
5 0

Answer:

The correct answer is Option C, You have to pay interest on credit cards but not on charge cards.

Explanation:

There are two common methods of payment through cards. One is Credit card and the other is Charge or Debit Card. The main difference between the two cards is the method of their payment. The other difference is that, when credit card is used, the credit card holder actually buys things on credit and pays back to amount later with a percentage of interest on that purchase, whereas charge cards use the direct debit payment method in which the person pays the bill directly from his account and there is no interest involved.

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Seth Goldman makes clear that innovation is essential for a small company to break into the packaged beverage market. In what wa
saw5 [17]

Answer:

B. Have employees in marketing communicate customer feedback to employees in research so that people in research work to solve customers’ problems.

C. Make sure technical employees are aware of the latest technological innovations and engage in cross-functional discussion about how they could be used to achieve competitive advantage.

D. Establish a cross-functional team with members from research, manufacturing, and marketing departments to guide a new product’s development from beginning to end.

Explanation:

To foster innovation and creativity in the company needs to create a cross-functional team to handle new ideas, this will result in every department providing relevant input that will make the idea a success.

Reduction in interdepartmental barriers will help in knowledge sharing between colleagues in different departments.

Customer feedback is very important as this makes the team focus on competitive advantage while bringing new solutions to the customer. If a new product is introduced and customers do not buy then the main aim of innovation is defeated.

A central structure discourages innovation, but a flat structure where each employee can provide valuable input fosters innovation.

8 0
3 years ago
Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $125,000. The
Sonbull [250]

Answer:

What is Bob’s basis in the warehouse and in the land?

  • warehouse basis = $53,571
  • land basis = $71,429

Explanation:

since the total appraisal value was $75,000 + $100,000 = $175,000, we must allocate the basis using a coefficient = $125,000 / $175,000 = 0.714285

  • warehouse basis = appraised value x coefficient = $75,000 x 0.714285 = $53,571
  • land basis = appraised value x coefficient = $100,000 x 0.714285 = $71,429
  • total = $53,571 + $71,429 = $125,000 (total purchase price)

Since the transaction price was lower than the appraised value, we must adjust the basis for both the land and the warehouse in the same proportion.

7 0
3 years ago
The CPI for this year was reported at 163.65. If inflation was 3.1 percent, what must the CPI have been last year
otez555 [7]

The consumer price index last year must have been 158.58.

<h3>What was the consumer price index last year?</h3>

The consumer price index is used to measure inflation. It does this by measuring the changes in the price of a basket of good.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

CPI last year = (100 - 3.1) x 163.65 = 158.58

To learn more about, consumer price index, please check: brainly.com/question/26382640

3 0
3 years ago
A firm does not pay a dividend. It is expected to pay its first dividend of $0.25 per share in 3 years (D3). This dividend will
bonufazy [111]

If this growth rate continues, what would be the stock price in four years if the P/E ratio remained unchanged? What would the price be if the P/E ratio increased
7 0
3 years ago
Several months ago, Ayers Industries Inc. experienced a hazardous materials spill at one of its plants. As a result, the Environ
Bess [88]

Answer:

contingent liabilities are journalized when they are both probable and estimable.

EPA's fine, states it is probable it will stand.

Damage awards and fines DR $248,000

Contingent Liability-fines CR $248,000

Out of court settlement for $130,000. Although since the settlement was just reached, we would just use a payable account.

Damage awards and finesDR $130,000

Awards payable CR $130,000

The homeowner lawsuit is not thought to be a strong case, plus the amount of any actual damages is unforeseeable, therefore a journal entry would not normally be needed at all. Although those would still be disclosed to shareholders on financial statements.

7 0
3 years ago
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