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Bogdan [553]
3 years ago
14

Which of the following types of credit would best describe credit cards?

Business
1 answer:
velikii [3]3 years ago
4 0
Revolving credit is open.
<span>Most credit cards are unsecured.

The answer should be OPEN AND UNSECURED
</span>
<span>A person using an unsecured credit card is not spending his own money right away whenever he uses the credit card. Instead, he is borrowing money from his/her bank; more like he/she takes out a loan whenever the card is used, which he is expected to pay back so as to maintain a trustworthy credit history.</span>
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Jenny Rowlins is absolutely exhausted after her shopping trip to pick out a dress for her sorority's formal event. The stores we
DerKrebs [107]

Answer:

process

Explanation:

According to my research on studies conducted by sociologists, I can say that based on the information provided within the question this is an example of how consumer behavior is a process. This can be said because based on this situation Jenny started off exited about buying the new dress but as the day progressed and problems started arising her view on shopping at the store started to change until it got to the point were she decided to buy online.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
An oil-drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t
masha68 [24]

Answer:

                     PLAN A

Year Cashflow [email protected]           PV

             $'m                $

0          (12.4)         1          (12.4)

1           14.88      0.8905          13.25

          NPV                 0.85

                   PLAN B

Year Cashflow [email protected]    PV                              

                   $'m                                 $'m

0          (12.4)          1    (12.4)

1-20  2.2034      7.3309  16.15

          NPV           3.75

Project B should be accepted

Explanation:

In this case, we need to discount the cash inflow of plan A at 12.3% for 1 year and then deduct the initial outlay from the present value of cash inflow. The discount factor could be derived from the present value table.

For plan B, we will discount the cash inflow at 12.3% for 20 years. In this case, we will use the annuity factor for 20 years.  Thereafter, we will multiply the cashflow by the annuity factor for 20 years to obtain the present value. The initial outlay will be deducted from the present value so as to obtain the net present value(NPV).

The annuity factor can be obtained from the present value of annuity table.

The project with the higher NPV will be accepted.

6 0
3 years ago
Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n
gizmo_the_mogwai [7]

Answer:

if all else fails, slow the spread of bad practice.

Explanation:

In this scenario Nikolai knows that what his boss asked of him is wrong, and maybe for some reason he is unable to report the boss. For example if the boss has close relationship with the management it could lead to Nikolai losing his job.

As no there option is open to Nikolai the next best option will be to slow the spread of bad practice.

This is a delay tactic that can be used to reduce the impact of the bad practice pending when an action can be taken to avoid it altogether.

5 0
4 years ago
Read 2 more answers
Think of a product that you purchased within the past 6 months
dalvyx [7]

Answer:

<em>Product purchased:</em> a purse

<u />

<u>How did you recognize that you needed the product?</u>

Through a need for more space to carry personal items to work.

<u>Where or how do you look for information about alternative products that meet this need (product)?</u>

Buying online is one of the facilities made possible by new technologies, which allows us to choose the product that meets our desires and needs without having to go to a physical store, in addition to the possibility of comparing prices and getting special discounts.

<u>What alternatives did the research process generate and what variables did you use to make the final purchase decision?</u>

The alternatives found were fast fashion sites that offered a bag of the ideal size, with the expected quality and defined average price.

<u>Where did you buy the product and why?</u>

I bought the product at Zara, which is a top quality fashion department store that would meet all requirements and needs with the purchase.

<u />

<u>Were you satisfied after using or consuming the product? Explain.</u>

Yes, because the benefits added to the product met my needs and desires.

<u>There are 5 categories of influences as described in your text: economic, psychological. social, culture and ethnicity, purchasing situation. Which one(s) do you think had the greatest effect on your purchase decision? Please explain.</u>

The item that had the most effect on the purchase decision was the psychological and economic item, as the choice of the product was made due to a need for work, but whose purchase decision process took into account factors such as brand, quality and the price of the product.

6 0
3 years ago
Phoenix Company’s 2017 master budget included the following fixed budget report. It is based on an expected production and sales
djverab [1.8K]

Answer:

According to the flexible budget, income from operations will increase from $557,000 to $915,000 if the units sold increase from 15,000 to 18,000 during 2017.

Explanation:

sales revenue should increase to                         $4,050,000

cost of goods sold should increase to:                ($2,237,000)

  • direct materials $1,260,000
  • direct labor $180,000
  • machinery repairs $54,000
  • depreciation (fixed) $315,000
  • utilities $228,000
  • management salaries $200,000

gross profit                                                              $1,813,000

S&A expenses increase to:                                   ($898,000)

  • packaging $72,000
  • shipping $108,000
  • sales salaries (fixed) $260,000
  • advertising expense (fixed) $127,000
  • adm. salaries (fixed) $241,000
  • entertainment (fixed) $90,000

income from operations                                          $915,000

4 0
3 years ago
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