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3 years ago

Name one way that a debit card and a credit card are different.

Business

2 answers:

kirza4 [7]3 years ago

6 0

Answer:

Explanation:

Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.

DochEvi [55]3 years ago

5 0

Answer:

Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit cards allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.

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Accounting is the information system that A. measures business activity. B. communicates the results to decision makers. C. proc

Bezzdna [24]

Answer:

All of the above

Explanation:

Accounting is usually a computer-based method which helps to take care of certain business activities. Accounting is a crucial sector of any business and one slight wrong move can change the complete outlook of a business. Accounting is an information system that helps to process information into numbers. Likewise, it helps to understand how the business is moving and it shows the results of a business decision.

4 0

3 years ago

7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that sh

ruslelena [56]

Answer:

a. 8%

Explanation:

Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]

Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%

Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%

Expected Return = [{0.03+0.02+0.03} * 100]%

Expected Return = [{0.08 * 100}]%

Expected Return = 8%

So, Liqin's expected return for fixing up and selling the Corvette is 8%.

7 0

3 years ago

David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company's outstanding

Marrrta [24]

Answer:

Cost of equity = 14.43%

Explanation:

Weigheted Average cost of capital is computed using the formula below:

WACC = (Wd×Kd) + (We×Ke)

Kd= aftre tax cost of debt= 12%× (1-0.4)= 7.2%

Wd =Proportion of debt= 40%

We = proportion of equity = 60%

Ke= cost of equity.

let the cost of equity be "y"

WACC = 11.54

11.54 = (40%× 7.2%) + (60% × y)

0.1154 = 0.0288 + 0.6y

0.1154 - 0.0288 = 0.6y

y =(0.1154 - 0.0288)/0.6

y = 0.1443 × 100

y =14.43%

Cost of equity = 14.43%

8 0

3 years ago

The table below presents the average and marginal cost of producing cheeseburgers per hour at a roadside diner.

Butoxors [25]

Answer:

a. At a quantity of 40 cheeseburgers per hour, the average total cost of production is falling and the marginal cost of cheeseburger production is rising.

b. At a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising and the average total cost of cheeseburger production is at a minimum.

Explanation:

a. At a quantity of 40 cheeseburgers per hour, the average total cost of production is falling and the marginal cost of cheeseburger production is rising.

From the table in the question, it can be observed that the average total cost of production at a quantity of 30 cheeseburgers per hour is higher than the average total cost of production at a quantity of 40 cheeseburgers per hour, while the average total cost of production at a quantity of 50 cheeseburgers per hour is lower than the average total cost of production at a quantity of 40 cheeseburgers per hour. This implies that at a quantity of 40 cheeseburgers per hour, the average total cost of production is falling.

Also from the table in the question, it can be observed that the marginal cost of production at a quantity of 30 cheeseburgers per hour is lower than the marginal cost of production at a quantity of 40 cheeseburgers per hour, while the marginal cost of production at a quantity of 50 cheeseburgers per hour is higher than the marginal cost of production at a quantity of 40 cheeseburgers per hour. This implies that at a quantity of 40 cheeseburgers per hour, the marginal cost of production is rising.

b. At a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising and the average total cost of cheeseburger production is at a minimum.

From the table in the question, it can be observed that the average variable cost of production at a quantity of 50 cheeseburgers per hour is lower than the average variable cost of production at a quantity of 60 cheeseburgers per hour, while the average variable cost of production at a quantity of 70 cheeseburgers per hour is higher than the average variable cost of production at a quantity of 60 cheeseburgers per hour. This implies that at a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising.

Also from the table in the question, it can be observed that the average total cost of cheeseburger production at quantities of 50 and 60 cheeseburgers per hour are equal and the lowest on the table, this implies that the average total cost of cheeseburger production is at a minimum at a quantity of 60 cheeseburgers per hour.

7 0

3 years ago

________ company emphasizes its home country culture throughout its operations, and it tends to staff key positions abroad with

photoshop1234 [79]

Answer:

The correct answer is letter "C": An ethnocentric.

Explanation:

An ethnocentric company is the type of organization that promotes the culture of its own culture among employees and focuses on providing local workers with the best opportunities possible so they can be competitive. These firms have a nationalistic approach and have the main goal of contributing to their country's development.

7 0

3 years ago