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3 years ago

10. Describe at least three steps you should take after finding out that your credit card was stolen.

2 answers:

5 0

Q. Describe at least three steps you should take after finding out that your credit card was stolen.

A.

1st: report to your card issuer

2a: check if it has been used

2b: report the fraudulent use to the reporting agencies

3: try remembering last locations and other information

~~

I hope that helps you out!!

Any more questions, please feel free to ask me and I will gladly help you out!!

~Zoey

olya-2409 [2.1K]3 years ago

3 0

Disable you credit card 2nt report to police and them hope for the best

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When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by:

eimsori [14]

Answer:

A.selling common stock.

Explanation:

A business raises capital through debt or equity. Debts represent borrowed funds, which include bonds and loans. Equity represents the owner's funds, which comprises of shares and retained earnings.

Should a business not have enough funds for its long term needs, it can sell more shares to the existing shareholders or the general public. Shares represent ownership of the company. Selling common stock means that the company will receive the funds it requires in exchange for ownership rights. Shareholder earns dividends as a reward for providing capital to businesses.

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3 years ago

Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d

daser333 [38]

Answer:

For Jerry, the opportunity cost of building a fence is not making 2 dishes.

Explanation:

The opportunity cost refers to the benefit you lose when you choose one option over another one. In this case, the opportunity cost for Jerry when he decides to build fences is that he won't be able to make dishes. So, as he can build 7 fences or make 14 dishes in a day, the opportunity cost of building a fence is that he won't be able to make 2 dishes.

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3 years ago

The primary advantage of being a limited partner is:

notka56 [123]

<h2>Maximum loss limited to their capital investment</h2>

Explanation:

As an investor there is a possibility of both profit and loss. If it is sole proprietorship, the profit or loss will be put on the his / her shoulder.

In case of limited partner, the advantage is that if there is a loss occurred it will" limit to their capital investment".

He/she enjoys "protected investments"

There will not be any huge loss since the capital invested is limited.

"A company can have more than one limited partner"

7 0

3 years ago

A credit granted to a customer for returned goods requires a debit to a. Accounts Receivable and a credit to a contra-revenue ac

12345 [234]

Answer:

d. Sales Returns and Allowances and a credit to Accounts Receivable.

Explanation:

The entry to record credit granted to customer entails :

Decrease the Assets of Accounts Receivable (credit entry) and Decrease the Sales Revenue (debit entry).

The Recognition of Sales Return and Allowance decreases Sales Revenue.

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3 years ago

A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It

pav-90 [236]

Answer:

The answer is option (B), accumulated depreciation at end of the second year=36,000+45,600=$81,600

Explanation:

Determine the depreciable cost using the formula below;

depreciable cost=acquisition cost-residual value

where;

acquisition cost=$190,000

residual value=$10,000

replacing;

depreciable cost=190,000-10,000=$180,000

depreciable cost=$180,000

Determine the cost per unit as follows;

depreciable cost=cost per bolt×number of bolts produced

where;

depreciable cost=$180,000

cost per bolt=c

number of bolts produced=75,000 bolts

replacing;

180,000=c×75,000

75,000 c=180,000

c=180,000/75,000=2.4

The cost per bolt=$2.4

annual depreciation for the first year=(2.4×15,000)=$36,000

annual depreciation for the second year=(2.4×19,000)=$45,600

accumulated depreciation at end of the second year=36,000+45,600=$81,600

3 0

3 years ago