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viva [34]
3 years ago
5

Examine the credit terms below

Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer:

To entice customers to use it's credit card

Explanation:

Credit Card companies use tactics like this because it sounds more appealing then having to start paying immediately. This gives them an advantage over other companies that don't offer this making more people want to use their credit card.

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Which is greater: 1 hour or 60 minutes?
musickatia [10]

Answer:

both r the same

Explanation:

Stay safe, stay healthy and blessed.

Thank you

5 0
2 years ago
Read 2 more answers
​________ is the degree to which employees believe the organization values their contribution and cares about their​ well-be
shtirl [24]

Answer:  

Organizational commitment                  

Explanation:

Organizational loyalty or commitment refers to the relationship of the bond that workers share with their organization. Overall, workers who are engaged in their organization usually feel connected to the organization, these workers assume that they suit in and make sure that they comprehend the organization's objectives.

Such workers ' economic value would be that they appear to become more motivated in their job, demonstrate fairly high efficiency, and are much more assertive in providing support.

8 0
3 years ago
Dr. Peabody contributed $5,000 in cash to the company. Which of the following statements is correct?
Vinvika [58]

Answer:

D. Cash is debited $5,000; capital is credited $5,000.

Explanation:

The action by Mr. Peabody will increase both cash and capital accounts by $5000 each. As per the accounting equation,( Assets = owners equity + liabilities) cash and capital are on the opposites sides.  Cash is an asset, while capital is equity.

An increase in an asset is a debit, while an increase in capital is credited. In this case, the cash account will be debited by $5000, while the same amount will credit the capital account.

5 0
3 years ago
Smith Company has the following information on the financial statements: Accounts Receivable at beginning of the year $50,000 Ac
baherus [9]

Answer:

At the start of the year their accounts receivables were 50,000. During the year they earned revenues of 180,000 which means that they are entitle to get 230,000 (180,000+50,000) from the customers. But because the accounts receivables at the end of the year are 30,000 this means that their customers still owe them 30,000. This means that they collected a total of $200,000 cash from their customers.

Another way of looking it is that at the beginning of the year they had receivables of 50,000, they made sales of 180,000 in the current year and had ending receivables of 30,000 so cash collected will be equal to,

Year start receivables + current sales -  Year end receivables

50,000+ 180,000 - 30,000

=$200,000

Explanation:

4 0
3 years ago
Orica Inc. competes in the market for commercial explosives. The company recently changed its business model from just selling e
Troyanec [42]

As the company recently changed its business model from just selling explosives to managing an entire blast in a quarry. This customer-solution-based approach to the sale of explosives is an example of systems selling.

<h3><u>What is a Business Model?</u></h3>
  • The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele.
  • Both new and established businesses need strong business models. They aid young, developing businesses in luring capital, hiring talent, and inspiring management and personnel.
  • Established companies should change their business strategies on a regular basis to account for emerging trends and difficulties. Investors use business plans to assess potential investments.
  • A business model is a comprehensive strategy for running a company profitably in a particular industry. The value proposition is a key part of the company model.

Systems selling is the practice of offering linked products or services as a unit rather than individually or independently. Products that are combined under systems selling are typically complementary products.

Therefore, This customer-solution-based approach to the sale of explosives is an example of systems selling.

Know more about Business Model with the help of the given link:

brainly.com/question/13397493

#SPJ4

3 0
2 years ago
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