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boyakko [2]
2 years ago
6

Owing to his impulsive buying habits, Ronnie's unpaid credit card balances pile up to $9,000. As Ronnie does not have enough mon

ey to clear his bills, he is in a deep financial crisis. In this scenario, the first step that Ronnie should take is to:
Business
1 answer:
alexandr1967 [171]2 years ago
4 0

get a job and work hard duhh

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The federal funds rate is
Ahat [919]

Answer:

D. the interest rate banks charge each other for overnight loans.

Explanation:

The Federal reserve requires banks to maintain a certain minimum amount on  their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.

5 0
3 years ago
Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charg
BARSIC [14]

Answer:F.O.B. destination

Explanation:

3 0
3 years ago
Sandy, an expert on Search marketing, knows she should use extensions effectively in order to optimize her Google Ads campaign r
gavmur [86]

Answer:

Use at least three extensions in each campaign or ad group.

Explanation:

Google recommends that in other to optimize Google ad campaigns at least three extensions should be used for each campaign or ad group: At the point of each auction, Sandy's ad will be assembled with the most appealing extensions. Elegible extensions will give Sandy's ads more opportunity to meet users’ specific needs.

7 0
3 years ago
24. Armin is trying to decide whether to buy a season pass to his college basketball team’s 20 home games this season. The cost
aksik [14]

Answer:

13 Home games

Explanation:

A season pass cost for home games =$175

Individual ticket per game    =$14

For season pass to be less than  total home game tickets  

i.e $175 must be than ($14 X Homegames )  

i.e 175 = 14XHG

    HG=   175/14=12.5 Approx. 13 games

    Total cost of 13 games is ($13X14)=$182. {$175 is less that $182}

Ardim must attend 13 games.

8 0
3 years ago
abares Corporation had these transactions during 2020. Indicate whether each transaction is an operating activity, investing act
scZoUnD [109]

Answer:

(a) Issued $50,000 par value common stock for cash = Financing Activities

b) Purchased a machine for $30,000, giving a long-term note in exchange. Financing Activities = Non-cash Investing and Financing Activity

(c) Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 =  Non-cash Investing and Financing Activities

(d) Declared and paid a cash dividend of $18,000 = Financing Activities

(e) Sold a long-term investment with a cost of $15,000 for $15,000 cash = Investing Activities

(f) Collected $16,000 from sale of goods = Operating Activities

Explanation:

The Cash flows related to raising of capital is known as Cash flow from Financing Activities.

The Cash flows related to growing and selling of Assets of the business is known as Cash flow from Investing Activities.

The Cash flow related to trade in Ordinary course business of the Company is known as Cash flow from Operating Activities.

7 0
3 years ago
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