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2 years ago

Once you turn 18, if you choose one of the 4 options for accessing credit, how will you be sure you use that credit responsibly?

Business

2 answers:

slega [8]2 years ago

7 0

Answer:

What's the four options?

anyanavicka [17]2 years ago

3 0

Answer:

A bank

Explanation:

I may be wrong I'm sorry

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economists argue that rent control is a highly efficient way to help the poor raise their standard of living.

mote1985 [20]

Economists argue that rent control is a highly efficient way to help the poor raise their standard of living. The statement is False.

<h3>What is Economists?</h3>

An economist refers an individual who possesses deep knowledge about the connection between the production that takes place with the help of resources and the output received to determine the growth.

Rent control is a highly efficient way to help the poor raise their standard of living is False. The quantity of legal rise would be limited by rent control, and most landlords support these rules.

Therefore, the statement is False.

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economists argue that rent control is a highly efficient way to help the poor raise their standard of living. True/False.

5 0

1 year ago

Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted

Reptile [31]

Answer: a.$4,576

Explanation:

Sometimes the cash balance according to the books is not the same as the cash in the bank account and this is due to some transactions not being recorded by either the bank or the firm.

Adjusted cash balance per books = Unadjusted cash balance + Note receivable and interest collected by bank - Bank charge for check printing - NSF Check

= 4,022 + 746 - 28 - 164

= $4,576

3 0

2 years ago

Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $15,000 Merchandise Inventory

madam [21]

The Acid-test ratio of Blushing Co,. is 1.25.

Acid-test ratio is also known as the quick ratio. It is the ratio of a firm's current assets to its current liabilities. It is a type of liquidity ratio. Liquidity ratio measures the ability of a firm to meet its short term obligation. The higher the acid-test ratio, the higher the liquidity of the firm.

Acid test ratio = (current asset - inventory) / current liabilities

Current assets - inventory = $105,000 - $60,000 = $45,000
Current liabilities = $60,000
Acid-test ratio = $45,000 / $60,000 = 0.75

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4 0

3 years ago

Jamie has determined she is unable to pay the minimum payments on her student loan based on her current income. What is the next

andre [41]

Answer: call the lender so as to discuss the additional repayment options

Explanation:

From the question, we are informed that Jamie has determined she is unable to pay the minimum payments on her student loan based on her current income.

The next best step for Jamie in order to avoid late payments or defaulting on her student loan is to call the lender so as to discuss the additional repayment options.

5 0

3 years ago

The following trial balance of Oriole Co. does not balance.

Neko [114]

Preparation of a correct trial balance of Oriole Co.

ORIOLE CO. Trial Balance

June 30, 2020

Debit side

Cash $3,305

Accounts receivable $2,666

Supplies $300

Equipment $5,110

Dividends $980

Wages expense $3,900

Office expense $1,345

Total debit balance $17,606

Credit side

Accounts payable $2,605

Unearned service revenue $875

Common stock $6,405

Retained earnings $3,405

Service revenue $4,316

Total Credit balance $17,606

•Cash = $3,275 + $750 - $570 -$75 - $75= $3,305

•Accounts receivable =$2,846 - $750 + $570 =$2,666

•Supplies =$1,205-$905 =$300

•Equipment =$4,205 +$905 =$5,110

•Accounts payable =$3,071- $206 -$260 =$2,605

•Unearned service revenue =$1,605 -$730 =$875

•Service revenue =$2,785 +$890 - $89 +$730 = $4,316

•Wages expense =$3,805 +$1,075 -$980 =$3,900

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7 0

2 years ago