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
maksim [4K]
3 years ago
13

Mike takes a card out of his wallet at the grocery store and swipes it to pay for his groceries. What did Mike use?

Business
2 answers:
allsm [11]3 years ago
7 0
Debit card i believe
julsineya [31]3 years ago
6 0
Mike is using a Debit card
You might be interested in
Green Roof Foods currently has a debt-to-equity ratio of .63, its cost of equity is 13.6 percent, and its pretax cost of debt is
Snowcat [4.5K]

Answer:

d.9.34%

Explanation:

The formula for the weighted average cost of capital is provided below as a starting point for solving this question:

WACC=(weight of equity*cost of equity)+(weight of debt*after-tax cost of debt)

weight of equity=1-debt %=1-50%=50%

weight of debt=50%

cost of equity=13.6%

after-tax cost of debt=7.8%*(1-35%)

after-tax cost of debt=5.07%

WACC=(50%*13.6%)+(50%*5.07%)

WACC=9.34%

The discount rate is computed based on the target or preferred capital structure

8 0
3 years ago
Patents are an example of which of the following?
Kitty [74]

Answer: Option (B) is correct.

Explanation:

Correct option:  limited-life intangible assets.

Patents are considered as a intangible assets. Patents are the intellectual property that a owner can use to exclude others from making, selling and coping technology but for a limited number of years.

In most of the nations patent rights fall under the civil law and if a person wants to take benefit of their patent right then he have to sue someone for infringing the patent to enforce his right.

6 0
3 years ago
When required reserves exceed actual reserves, commercial banks will be forced to have borrowers:?
torisob [31]

Repay loans so that the bank can get it reserves back up to the required level

6 0
3 years ago
Friendly's quick loans, inc., offers you "$4.10 for $5.10 or i knock on your door." this means you get $4.10 today and repay $5.
storchak [24]
If it costs $5.10 to get $4.10 from Friendly's then the loanee would pay about 24% which is a pretty high interest rate and presumably the interest rate would decrease with a higher amount loaned as on a larger amount the actual amount of interest earned would still be significant with a lower interest rate.
6 0
3 years ago
Read 2 more answers
Fractions or percentages computed by dividing one account or line-item amount by another are called a.returns. b.industry averag
Studentka2010 [4]

Answer:

Common size statements

Explanation:

A common size statement is when line items in a financial statement are shown as percentages of a common base figure. For example, line items are shown as percentages of value of revenue in the income statement.

I hope my answer helps you

3 0
3 years ago
Read 2 more answers
Other questions:
  • Ajax takes advantage of ________ scripting to make applications more responsive.
    15·1 answer
  • How does proper inventory control help a company manage its marketing efforts
    15·1 answer
  • Over the past decade, household debt has
    10·2 answers
  • Mr. X finds it hard to dine with his american colleagues as his religion prohibits the consumption of pork and alcohol. He also
    14·1 answer
  • Which of the following contributed to the financial crisis of 2008?
    15·1 answer
  • Which data representation system utilizes both letters and numbers? binary decimal hexadecimal octal
    5·1 answer
  • The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coa
    5·1 answer
  • Sigma Corporation owns 80% of the stock of Epsilon Corporation, which pays it a dividend of $100,000. Sigma Corporation also own
    8·1 answer
  • At the end of the current year (before adjusting entries), Autumn Corporation had a balance of $76,000 in Accounts Receivable an
    15·1 answer
  • Assume the Atlas Corporation is expected to pay a $5 cash dividend next year. Dividends are expected to shrink at a rate of 3% p
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!