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babunello [35]
3 years ago
7

Hussein got a call yesterday from First Bank, the company that issued his credit card inquiring about an $105.00 charge made in

Buenos Aires, Argentina. Upon learning that Hussein was in Detroit and had not made this purchase, the bank quickly took steps to cancel the card and issue a new one. Given the circumstances that Hussein's credit card number had an illegal transaction, he may also want to
Business
1 answer:
Dmitriy789 [7]3 years ago
4 0

Answer: b. change his passwords and store them in a password manager.

Explanation:

Sometime people are able to access our details and engage in nefarious acts with them such as using our credit cards to buy things such as is the case with Hussein above.

They may have gained this information by getting into Hussein's private devices such as his private computer or phone. In order to mitigate the chances of this happening again, he should change his password so that they will not be able to access details of the new card.

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Aggie Fitness began business in College Station, TX on June 1, 2018. At that time, the company collected $6,000 in advance payme
REY [17]

Answer:

b. $2,500, $3,500

Explanation:

Amount collected in advance will be recognized as a liability until the revenue is earned. Entries are posted between the cash account and deferred revenue account on collection of cash.

Given that he company collected $6,000 in advance payments from customers for 12-month gym memberships on June 1, 2018.

Debit Cash account $6,000

Credit Unearned revenue $6,000

After 7 months ( between 1 June and 31 December 2018),

Revenue earned = 7/12 × $6,000 = $3,500

On December 31, 2018,

Debit Unearned revenue          $3,500

Credit Membership  Revenue   $3,500

Balance in unearned revenue accounts = $6,000 - $3,500 = $2,500

Balance in Membership revenue = $3,500

3 0
3 years ago
A rightward shift of the supply of loans curve would
Minchanka [31]

C. increase in the interest rate

3 0
3 years ago
Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convince
Scrat [10]
Sharon is in the "purchase decision and purchase act" <span>stage of consumer decision process.

</span><span>The buying decision process is the basic leadership process utilized by buyers with respect to advertise exchanges previously, during, and after the buy of a good or administration. It can be viewed as a specific type of a cost– advantage examination within the sight of various options.The five stages of this process includes:

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8 0
3 years ago
Sohan started a business with a capital of rs. 80000. After 6 months mohan joined as a partner by investing rs. 65000. After one
Lady bird [3.3K]

Sohan invested Rs 80000 in the beginning of his firm. After six months, Mohan invested Rs. 65,000 to become a partner. Sohan put his money into investments for 12 months, while Mohan made investments for 6 months. They made a total profit of Rs. 20,000 after a year. The portion of Sohan in the profit that he made is 14222.

One way to assess a company's success is through its profit. Its simplest definition is the sum that remains after deducting all expenses from all revenues. The remaining funds, or your profits, can either be retained by the company and reinvested to fund future expansion, or they can be given as a draw or dividends to shareholders.

To learn more about share of profit here

https://brainly.in/question/47628097

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4 0
2 years ago
FitForLife Gym, a large U.S. based fitness center, receives royalty payments from WeWelness, a small Canadian company, for using
Andre45 [30]

Answer:

<em>Licensing </em>

Explanation:

Licensing <em>is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.</em>

Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.

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