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alekssr [168]
2 years ago
15

What is good about having a credit card? what is bad?​

Business
1 answer:
navik [9.2K]2 years ago
7 0

Answer:

Credit cards are neither good nor bad. They are financial tools that must be used with care. Cards can help or hurt your finances if you don't use them responsibly.  At the same time, credit cards used properly offer a convenient payment method that can build credit and earn rewards for users.

Explanation:

You might be interested in
What problems could develop if the us became too dependent on other nations for goods and services
xeze [42]

Answer:

TRADE DEFICIT

FOREIGN CURRENCY RESERVE DEPLETION

LOCAL CURRENCY DEVALUATION

RECESSION

POTENTIAL UNEMPLOYMENT

Explanation:

The problem that could develop if the U.S. became too dependent on other nations for goods and services are:

1. Trade deficit because when a country imports more than it exports it runs a trade deficit.

2. Foreign Currency Reserve Depletion: If the U.S. has to import so much from other countries, it will need to increase its foreign reserve because that is how it will pay for such imports. Otherwise the foreign reserve will be hugely depleted

3. Local Currency Devaluation. Reliance on exports can devalue the worth of the local currency because the demand of the foreign currency will be high in relation to local currency and people will be willing to pay more to get foreign currency, which will devalue the local currency

4. Recession: If the United States is reliant on OPEC countries for Oil and an embargo is placed on oil export from those, the U.S. will suffer a recession.

5. Potential Unemployment: Imports of finished goods will cripple local industries who will be forced to compete with the international firms whose goods and services are being imported; and those employed in such industries might loose their jobs, if the small local enterprises are unable to survive such competition.

8 0
3 years ago
Achi Corp. has preferred stock with an annual dividend of $ 3.22. If the required return on​ Achi's preferred stock is 8.4 %​, w
Elza [17]

Answer:

The price of the stock is $38.33

Explanation:

The dividend growth is zero on a preferred stock thus its dividends are just like a perpetuity as the stocks have no defined life. The formula for the price or value of a perpetuity or the zero growth model is,

P0 = D / r

Where,

D is the dividend

r is the required rate of return

Thus, the price of the stock is:

P0 = 3.22 / 0.084 = $38.33

3 0
2 years ago
Read 2 more answers
The phrase leadership praise followers impact Public and punishment and five is really a statement concerning what two important
Dmitry [639]

The phrase leader should praise followers in public and punish them in private is really a statement concerning what two important parts of communication?

Answer:

Encoding and Decoding

Explanation:

The two important parts of communication in this situation is known as Encoding and Decoding

To illustrate better, the Encoding implies that the sender (in this case the leader) sends the message (by praising the follower in the public) to an effect, (by utilizing certain means such as actions, words, etc, ) to ensure that the receiver can quickly grab the message.

At the same time, with the Decoding, the receiver (here the followers) quickly understood the message (praise in the public or punishment in the private by the leaders ) such that the meaning of the message is not lost.

Hence, in this case, the correct answer is Encoding and Decoding.

7 0
3 years ago
If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to
user100 [1]

I believe the correct answer to this is:

“Property Damage Liability”

 

<span>This type of coverage protects the insurer from paying out the pocket fees especially when found at guilt of the damage. Actually this does not cover damage to your own property but only kicks in when you are found to be at fault of the accident.</span>

6 0
3 years ago
Samson is an engineer at Ket Technologies. Samson sends daily reports about his work to Bryce, his team leader. Bryce reports th
likoan [24]

Answer:

The correct answer is .A) bureaucratic

Explanation:

A bureaucratic organization is very organized with a high degree of formality in the way it operates.

3 0
2 years ago
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