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Zigmanuir [339]
3 years ago
14

What is a secured credit card and how does it work.

Business
1 answer:
nydimaria [60]3 years ago
8 0
A secured credit card is a card that requires a cash security deposit when you open the account. The deposit reduces the risk to the credit card issuer: If you don't pay your bill, the issuer can take the money from your deposit. That's why these cards are available to people with bad credit or no credit.
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Carey Company buys land for $50,000 on 12/31/14. As of 3/31/15, the land has appreciated in value to $50,700. On 12/31/15, the l
sweet-ann [11.9K]

Answer:

$0

Explanation:

There is no reason why Carey Company should increase their land account in 2015. As long as the company owns the land they should not modify the land account, since land doesn't depreciate. Even if they build something new on the land site, that will increase the land improvements account or buildings account, not the land account.

If they decide to sell the land then the original purchase value will serve as the basis for calculating capital gains taxes.

3 0
3 years ago
Which of the following is not an objective of financial reporting by state and local governments?
EleoNora [17]

Answer:

A

Explanation:

To assist users in assessing the adequacy of systems and controls is not one of the objectives

6 0
3 years ago
How do perspectives on competitive advantage differ when comparing brick-and-mortar stores to online businesses (e.g. Best Buy v
Oliga [24]

Answer:

Competitive advantage is about the strengths and capabilities, unique characteristics of any product or service, an individual, or a firm. It is hard to gain a competitive advantage because becoming different and achieving what others or other products do not possess is not at all easy. It requires a lot of time, planning, dedication and determination to grow above all and gain competitive advantage over them.

8 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
The 3 types of partnerships are general partnership, unlimited partnership and unlimited liability partnership. Please select th
Rufina [12.5K]
True, Because The 3 Types Of The Partnerships Are General Partnerships, Because They Are Unlimited Partnership Because Of The Liability Partnership.
6 0
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