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3 years ago

Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly?

Business

2 answers:

Gnoma [55]3 years ago

8 0

Answer:

Answer B. Irresponsibly

Explanation:

Cole's invoice has exceeded its limit. This means that Cole is likely to have poor financial management and is paying interest by delaying his bill as he has used his 3000 limit. This way, he is acting irresponsibly by breaking his limit and compromising all of his income.

Anton [14]3 years ago

5 0

I would say B, because if you exceed the limit on your credit card, that shows that you would know how to add money onto your account. You cannot use more on your credit card than you already have unless you add more money on.

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What could go wrong?

SpyIntel [72]

Answer:

brand risk, demand risk, price risk, product development

Explanation:

marketing risk is a potential for losses and failures in marketing.

brand risk : this is the risk that the product would lose it value due to competition and failures in declining brand awareness. it is likely to to affect a new product if prevailing measures are not taken to curb such risk.

demand risk: this is the risk that the demand for the product being advertised will fall or fail to materialized. this is likely to occur when there is a shift in customer needs or choice.

price risk: this is related to a risk that the price tag on the product campaign may vary higher than competitor price.

product development: this risk is related to launching and developing a new product. there is likely hood that new product has a higher percentage of not succeeding in the market.

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3 years ago

A company that uses an in-house advertising department might turn its advertising and promotion tasks over to an outside agency

Tema [17]

Explanation:

think the answer is E all of the Above

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3 years ago

The following selected information is from Princeton Company’s comparative balance sheets. At December 31 2017 2016 Common stock

lukranit [14]

Answer:

Princeton Company

The T-accounts are attached.

Explanation:

They can also be obtained as follows:

1. T-accounts to calculate the Cash received from the sale of its common stock during 2017:

Common Stock & APIC

Closing balance of common stock = $131,000

Closing balance of APIC = $593,000

less Opening balance of common stock = $126,000

less Opening balance of APIC = $355,000

Cash collected = $243,000

2. T-account to calculate the cash paid for dividends during 2017:

Retained Earnings:

Opening balance = $313,500

Add net income = $61,000

Less closing balance = $339,500

Cash Dividends paid = $35,000

Download xlsx

8 0

3 years ago

3.63 cubic yards + 1.53 cubic yards

Lady_Fox [76]

5.16 cubic yards is the answer.

6 0

3 years ago

Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that t

yuradex [85]

Answer:

The board most likely will not be held responsible.

Explanation:

The board of directors can legally defend themselves based on the Business Judgement Rule. This rule in contained in the <u>Corporations Act of 2001 - Section 180.</u> It states that any decision made in regards to the business operations should be:

In good faith and not based on personal gain
In the best interest of the corporation
Based on information that supports the decision

For this particular case, the board based their decision on <em>previous market research</em> that received positive feedback.

6 0

3 years ago