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Brrunno [24]
3 years ago
9

What relation does credit and debt have?

Business
1 answer:
larisa86 [58]3 years ago
6 0
Credit represents money that is available to be borrowed. Meaning, you can buy things with the use of credit card with borrowed money. Your card company will pay for your purchases but when your card statement arrives, it will pay for the borrowed money. Debt, on the other hand, represents money that was borrowed and that has not yet been paid back. Credit is the ability to create debt.
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Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $1,920 for gasoline on t
UNO [17]

Answer:

a. $2,634.36

$1,481.11

Explanation:

a. Ryan can claim the direct costs of the trip being gasoline and oil. He can therefore claim the $1,920 he paid for gasoline.

In addition, some of the indirect costs can be claimed as well such as depreciation. The claim is calculated as:

= Depreciation amount * Business miles / Total miles driven

= 3,900 * 3,700 / 20,200

= $714.36

Total deduction = 1,920 + 714.36

= $2,634.36

b. Ryan needs to be able to prove that the cost he is claiming are indeed business expenses. Total deductibles are:

= (3,900 * 1,400/ 20,200) + (1,400/2,220 * 1,920)

= $1,481.11

7 0
3 years ago
The following are all characteristics of projects EXCEPT: A. Projects are complex, involving a variety of skills and capabilitie
MrRissso [65]

Answer:

E. Projects are companies that launch a new, sustainable business model.

Explanation:

project can be regarded as series of tasks which is under processing and need to be completed so that specific outcome can be reached. A project can as well be regarded as a set of both outputs and inputs that it's needed in achieving a particular goal. Projects can simple or complex one , managing of project can be by one person or a hundred.

It should be noted that following are all characteristics of projects;

✓ Projects are non-routine, making planning difficult.

✓Projects are complex, involving a variety of skills and capabilities.

✓ Projects have a clear starting and ending point.

✓Projects typically require significant levels of cross-functional and inter-organizational coordination.

6 0
3 years ago
Which of the following is not a source of income?
attashe74 [19]

Answer:

Explanation:

B.)Your annual salary for doing your job.

7 0
3 years ago
Determining if you can convince local units to conform to international standards is part of the ________ dimension for developi
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Determining if you may persuade neighborhood devices to conform to worldwide standards is a part of the management and business manner size for developing a global information systems architecture.

A worldwide statistics structures architecture consists of the fundamental records structures required via businesses to coordinate international change and other activities. Hewlett-Packard and other electronics agencies assign distribution and manufacturing of excessive-stop merchandise to a number of one-of-a-kinds international locations.

Facts Bimprovement should encompass five steps, which include making plans and design segment, Operational analysis phase, requirements evaluation segment, function evaluation section, and physical Synthesis phase.

3 primary classes of information structures serve exclusive organizational levels: operational-level systems, control-degree structures, and strategic-level structures.

Learn more about systems architecture here: brainly.com/question/15243421

#SPJ4

8 0
2 years ago
Christina is planning on getting married in the next year. She is a very successful business owner and is planning on buying som
Luden [163]

Answer:

Martina as her agent can give certain advice like if the property is priced right the size of the property, negotiating with the seller or conducting inspection of the property.

However, on legal matters such as how the title should be held or taken, Martina should excuse herself and refer Christina to her lawyer for advise as real estate agents are not licensed to provide legal advice meaning they cannot answer a legal question, even if they know the answer, without breaking the law.

Explanation:

4 0
3 years ago
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