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slava [35]
3 years ago
5

The maximum outstanding balance you should have on a credit card with a $4,000.00 limit is _____.

Business
2 answers:
Ira Lisetskai [31]3 years ago
6 0
<span>The amount you plan on paying in full as a balance when the bill comes inn.
So,

</span><span>The maximum outstanding balance you should have on a credit card with a $4,000.00 limit is $ 4000.</span>
klemol [59]3 years ago
6 0

Correct answer is 2,000.00

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Question 9 The Sunland, Inc. sold 9,120 season tickets at $2,100 each. By December 31, 2017, 16 of the 40 home games had been pl
MissTica

Answer:

The current liability at December 31st 2017 is $ 11,491,200.00

Explanation:

The total amount realized from the sale of tickets is  $19,152,000.00  

($2100*9120) which is a revenue received in advance , a current liability,however only 16 out of 40 games have been played at 31st December 2017, which implies that Sunland Inc is now entitled to recognize revenue for 16 games.

The revenue for 16 games is computed below:

$19,152,000.00  *16/40=$ 7,660,800.00  

The necessary entries for this is shown below:

Dr Deferred revenue         $7,660,800.00  

Cr Sales revenue                                           $7,660,800.00

This leaves a balance of $ 11,491,200.00  ($19,152,000.00  -$7,660,800.00) in the deferred revenue account, by implication the current liability at December 31st 2017 is $ 11,491,200.00

 

6 0
3 years ago
&lt;11{6[1(07)71]}&gt; The higher the price of an antique, the greater people’s expectation that the object is rare. That, in tu
ollegr [7]

Answer:

a. should be discouraged because it lessens a quality that makes that antique desirable

Explanation:

In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.

8 0
3 years ago
What is the biggest difference in who makes the contributions to 401(k) and IRA retirement plans?
allsm [11]
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
5 0
3 years ago
What happens in the labor market when the following event occurs?
Kryger [21]
I would say that the unemployment rate does not change. This is because people from the fishing industry might have shifted to the travel industry hence fishing deceasing and travel increasing, then the rate is still the same.

Option D
4 0
2 years ago
Titania is a country characterized by a high-context culture. This implies that ________. Select one: a. the people of Titania t
Lyrx [107]

Answer:

The correct answer is letter "D": personal relations and goodwill are valued in Titania.

Explanation:

High-context cultures are those that rely on non-verbal and implicit communications. It makes interpersonal relationships and traditions essential to understand what they are trying to transmit. In such cultures, goodwill is highly valuable, as well. Countries like Japan and China are considered high-context cultures.

3 0
3 years ago
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