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morpeh [17]
2 years ago
10

Which of these is NOT true about credit cards?

Business
1 answer:
solong [7]2 years ago
8 0
I believe it’s number 1
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Compare transnet with a perfect competitor in terms of price and output and profit
Sholpan [36]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
5 0
3 years ago
Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be
expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

7 0
3 years ago
Which of the following is an example of a rational motive?
MissTica
D I think, because Kim is buying the stove so she can cook
7 0
3 years ago
Swifty Corporation took a physical inventory on December 31 and determined that goods costing $215,000 were on hand. Not include
balu736 [363]

Answer:

$262,000

Explanation:

Ending inventory = Goods on Hand + Cost Goods purchased from Marigold Corp + Cost of goods sold to Marigold Corp.

Ending inventory = $215,000 + $27,000 + $20,000

Ending inventory = $262,000

So, the amount that should Swifty report as its December 31 inventory is $262,000.

7 0
3 years ago
Which adult below should AVOID hiring a financial adviser at this moment?
Dvinal [7]

Answer:

B. Mateo

Explanation:

He just graduated college therefore he has loans to pay back which could take a  long time and an advisor may not fit in to his budget right now.

3 0
2 years ago
Read 2 more answers
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