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Romashka [77]
3 years ago
9

You want to buy some used textbooks from an online auction but you see they don't accept credit cards. You don't want to send th

em a check before your receive the books in the mail, and the seller won't send them until the books are paid for. What should you do?
Business
1 answer:
Nataly [62]3 years ago
8 0

Answer:

Online actions are not always, but many times a fraud. The Federal trade commission (FTC) warns about them in their website because a lot of people fall for them every year. If the seller doesn't accept a credit card, you can try another online payment method like PayPal, but never send cash or any check.

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Computronics, inc. has a current ratio of 1.5. this implies that if the firm liquidates its current assets in order to pay off i
Eddi Din [679]
<span>If the figure of 1.5 represents the debt ratio of the firm then it can be inferred that the liabilities of the firm greatly exceed current assets. Without further information as to the values of Computronics, inc. current assets and liabilities the price at which the firm can sell its assets cannot be computed. However it can be stated that the firm must sell current assets at a premium of 50% of the value of the assets in order to recoup the debt of its current liabilities.</span>
8 0
3 years ago
Suppose that goods x and y are substitutes and the price of good y falls. we would then expect
hoa [83]

expect what?

Please make sure you finish your question, thank you ❤️

6 0
3 years ago
A property is sold for $350,000. The buyer has paid $12,000 as earnest money and is obtaining a 70% loan. Based on the informati
Zolol [24]

Answer:

$93,000

Explanation:

Data provided in the question:

selling cost of the property = $350,000

Earnest money paid = $12,000

Percentage of loan obtained = 70%

Now,

The amount of loan obtained = 70% of $350,000

= $245,000

Therefore,

Amount to be paid by self

= selling cost of the property - amount of loan obtained

= $350,000 - $245,000

= $105,000

Thus,

Additional cash the buyer will have to bring to the closing day

= Amount to be paid by self - Earnest money paid

= $105,000 - $12,000

= $93,000

7 0
3 years ago
Why does a small difference in economic growth result in a large difference in wealth over time?
larisa [96]

Answer:

The correct answer is the option C: Because the effect of compounding allows growth to build upon previous growth.

Explanation:

To begin with, the term of <em>"Compounding"</em> in economics refers to the situation in which an assets' earnings are reinvested to generate more additional earnings over the pass of time and therefore that in an economy when there is a small growth the investors take advantage of the effect that the compounding has over the situation and use it in order to generate more earning in the future and that is why that the the effect of compounding allows growth to build only upon previous growth.

7 0
3 years ago
Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of
jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0
3 years ago
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