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3 years ago

If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?

Business

1 answer:

mr Goodwill [35]3 years ago

8 0

Answer:

By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.

Explanation:

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During global culture training for a group of employees who are being transferred to Egypt, Charmaine, the HR training manager,

joja [24]

Answer: Option E

Explanation: Cultural training refers to the training that is given to an individual for informing them about other cultures know-how.

In the Arab culture, the holding of hands is considered as an act of giving respect to others. It is considered as showing devotion and equality to the opposite party. Such acts comes from the well known hospitality culture of Arabic countries.

Thus, from the above we can conclude that the correct option is E.

7 0

3 years ago

Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose th

laiz [17]

Answer:

Results are below.

Explanation:

First, we need to calculate the currently employed people and the unemployment rate:

Employed people= 100,000,000 - 6,000,000= 94,000,000

Unemployment rate= unemployed people / labor force

Unemployment rate= 6,000,000 / 100,000,000

Unemployment rate= 0.06= 6%

Now, the newly employed people and the unemployment rate:

Employed people= 94,000,000 + 300,000 - 200,000

Employed people= 94,100,000

Unemployment rate= 5,900,000 / 100,000,000

Unemployment rate= 0.059 = 5.9%

6 0

4 years ago

Transactions involving the purchase and sale of fixed assets would be considered _______ activities.

ohaa [14]

Transactions involving the purchase and sale of fixed assets would be considered INVESTING activities.
Investing activities refers to those activities carried out by the company which involve sales or purchases of fixed assets such as building and equipment.

4 0

3 years ago

If beginning inventory is $60,000, cost of goods purchased is $380,000, sales revenue is $800,000 and ending inventory is $50,00

marysya [2.9K]

Answer:

$390000

Explanation:

Given: Beginning inventory= $60000

Cost of goods purchased = $380,000

Sales revenue= $800000.

Ending inventory= $50000.

The Periodic inventory system is used to determine the amount of inventory available at the end of each accounting period.

Cost of goods sold= $beginning\ inventory+ cost\ of\ goods\ purchased- ending\ inventory$

⇒ Cost of goods sold= $60000+380000-50000$

⇒ Cost of goods sold= $\$ 440000 - \$ 50000$

∴ Cost of goods sold= $\$ 390000$ .

Hence, $390000 is the cost of goods sold under a periodic system.

6 0

3 years ago

Most goods can be classified as normal goods rather than inferior goods. The definition of a normal good means that:

ra1l [238]

Answer:

A normal good is a good whose demand increases when income increases

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

For example, if when your income was $100,000 per annum, you had one car but when it increased to $500,000, you bought two more cars. Car is a normal good

6 0

3 years ago