List three positive benefits and three possible negative results of using credit.

Answers

Answer 1

Positives:

Credit card rewards.

Fraud protection.

Travel benefits

Negatives:

Interest charges.

Late fees.

Potential for credit damage.


Related Questions

Materials derived from natural resources clearly defines which of the following?
A.Processed goods

B.Raw goods

C.Finished goods

D.Intangible goods

Answers

Answer:

B.Raw goods

Explanation:

Natural resources are useful materials extracted from the earth for use in the production of other goods. The extracted materials are refined into final products or used as raw materials to make other goods.  For example, gold and oil are extracted and refined into marketable products.  Water and wood are raw materials used in producing paper.

Natural resources come from nature. They are extracted raw and processed into other products or used as raw materials to produce other goods.

Cupola awning corporation introduced a new line of commercial awnings in 2018 that carry a two-year warranty against manufacturer's defects. Based on their experience with previous product introductions, warranty costs are expected to approximate 3% of sales. Sales and actual warranty expenditures for the first year of selling the product were:

Answers

Answer and Explanation:

1. Yes, this situation represents a loss contingency.

The occurrence of warranty liability is probable and the amount can be reasonably estimated so it represents a contingent liability.

2.

a. Accounts receivable Dr, $5,780,000

        To Sales $5,780,000

(Being the sales is recorded)

b. Warranty expense Dr, $173,400 (5,780,000 × 3%)

        To Estimated warranty liability $173,400

(Being the warranty expense is recorded)

c. Estimated warranty liability Dr, $38,500

         To Cash, wages payable, parts and supplies, etc. $38,500

(Being cash paid is recorded)

3 .Liability = $173,400 - $38,500

= $134,900

The cost of a postsecondary education increases with the length of time involved in the program. O True or False NEXT QUESTION O ASK FOR HELP​

Answers

Answer:

true

Explanation:

Using open body language helps send which kind of message?
Positive
Negative
Aggressive
Passive

Answers

Explanation:

positive there you goo

Answer:

Positive

Explanation:

Body language is a mix of gestures, postures and expressions. Use it to improve your communication with others. This also helps seem more engaged

Job satisfaction can be lost for all of the following reasons EXCEPT:
a.
Lack of opportunities for promotion
b.
Bickering with co-workers
c.
Being recognized for a job well done
d.
Having little or no say in decisions that affect you

Answers

Answer:

Being recognized for a job well done

Explanation:

what is used as a set of standard in measurement?​

Answers

Explanation:

A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.

How often should businesses perform cash drops?
A. Only once, at the end of the business day
B. Only once a month, once all the receipts are totaled
C. Whenever someone makes incorrect change for a customer
D. Whenever the total amount of cash in a register has reached a
certain level

Answers

Answer:

d.

Explanation:

Businesses should  perform cash drops Whenever the total amount of cash in a register has reached a certain level. The appropriate response is option D.

What is cash drops ?

A cash drop is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank. You are allowed to take as many drops and as much money as you want. Usually, cash drops are done to take extra cash out of the drawer and put it somewhere else.

Cash drops are typically carried out to remove extra cash from the drawer and deposit it in the safe until the balance can be tallied. It is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank

When the total quantity of cash in a register reaches a certain threshold, businesses should do cash drops.

Hence, the appropriate response is option D.

to learn more about cash drops

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Question 12 of 40
Eric wants a new motorcycle. He visits a local motorcycle shop and finds one
that has all the features he's looking for. The salesperson tells Eric the
motorcycle is currently selling for $2,000. Not too long ago, Eric saw that
same make and model for $1,700 at another shop. Eric suggests a price of
$1,500 for the motorcycle and they settle at $1,800. Which of these prices is
the market price?
A. $2,000
B. $1,500
O C. $1,700
D. $1,800
SUBMIT

Answers

Answer:

D. $1,800

Explanation:

The market price is the amount that a product or service trades for, as determined by demand and supply forces. It is the most current price that a good, service, or share has traded. The market price is the actual amount that can be realized when a product or service is sold.

The market price for the new bicycle is $1800. The salesperson represents the supply side, while Erick is on the demand side of the market. They agree on $1800.  This price is where demand meet supply and is the market price.

Answer:

C. $1700

Explanation:

If scientists discover that eating bacon reduces cholesterol levels:

a. The demand for bacon will increase.
b. The demand for bacon will decrease.
c. There will be fewer pounds of bacon consumed.
d. There will be no effect on the consumption of bacon.

Answers

Answer:

a. The demand for bacon will increase.

Explanation:

Scientists and other experts are known to influence customer perceptions of consumer products. Many customers make buying decisions based on expert opinions and reviews, which can greatly impact sales.

If scientists say that eating bacon reduced cholesterol, consumers' perceptions of bacon will change. Since this is positive or desired news, customers will increase bacon consumption. Bacon will attract many new customers, which will lead to an increase in its demand.

The product of 59,736 and 600 is
A) 29,868,000
B) 34,761,600
C) 35,625,600
D) 35,841,600​

Answers

Answer:

D) 35,841,600

Explanation:

I Hope That's Correct ✓ :)

Which of these is a way to increase your resources for higher education?
A. Getting a job and saving money
B. Choosing the most expensive school you can find
C. Spending more than you have
D. Not taking out any loans whatsoever

Answers

Answer:

A

Explanation:

by getting a job you are preparing yourself for the world ahead of you and by saving money you get access money to use later on.

Answer:

A

Explanation:

What is the definition of a team? What is teamwork? Why is learning to work well with others important in life? What is one issue that hinders you from wanting to work with other people? What is one thing you can change so you can be successful when working in teams?

Answers

Answer:

Team work is when every one comes together to do or accomplish something and the definition of team is a group of people that play for the same thing it's important in life because when you get into the real world you will have to work with other people even if you don't like them one issue that hinders you from wanting to work with other people is you don't like those other people one thing you can change so you can be successful when working in teams is try to get along with everyone else on the team.

Andrea Marshall is paid $10 per hour for a 40-hour work week, and time-and-a- half for hours over 40 per week. She worked the following hours last week: Monday 9 hours, Tuesday 7 hours, Wednesday hours, Thursday 6 hours, Friday 9 hours, Saturday 3 hours. What were her gross wages?

Answers

Answer:

$437.50

Explanation:

According to google search, Andrea worked 8.5 hours on Wednesday.

Her weekly wages will total hours worked multiplied by $10.

Total hours worked will be

Monday 9 + Tuesday 7, + Wednesday 8.5 hours, Thursday 6 hours. Friday 9 hours, Saturday 3 hours

=9+ 7+ 8.5 +6+9+3

=42.5 hours

For the first 40 hours, she will earn 40 x $10= $400

For the 2.5 hours, she will earn  2.5 x $15=$37.5

Total wages will be $400 +$ 37.5

=$437.50

The amount of a market that a producer controls is called market share. How is market share related to pure competition?​

Answers

Answer:

pure competition ids defined as a market structure with many fully informed buyers and sellers in an identical producer and ease of entry. if there were more market shares, there would be more competition.

Explanation:

Which one of the following is not considered a scarce resource? *

Capital Resources

Human Resources

Natural Resources

Intellectual Property Resources

Answers

Answer:

Intellectual Property Resources

Explanation:

Scarce resource refers to a type of reserouces that has limited amount.

Intellectual property resources are generated from a person's mind. It counted the economic value of ideas, innovation, design, or creativity that people have. Since all people can generate these things without any limit, we don't consider Intellectual property as a Scarce resource.

what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight

Answers

when you file for bankruptcy it's for individuals and companies when they can no longer pay their bills. from there it is decided if their debt will be relieved or if they HAVE to pay. it will be on your credit because if you want to purchase a house or a car they seller needs to know the history of the person or company

In two or three sentences, explain why real GDP per capita does not reflect the actual distribution of wealth.

Answers

Answer:

Real GDP per capita shows the level of output in a country divided equally by the number of people living in a country. But, in reality, output may not be distributed equally among everyone in the country.

Explanation:

Because selling revolves around working and interacting with other people,
skills are probably the most important skills for sales associates.
O A. organizational
O B. interpersonal
O C. logic
O D. psychological

Answers

Answer:

B. interpersonal

Explanation:

Interpersonal skills are the traits that one exhibits when interacting or communicating with others on a face-to-face basis. They are also called people skills. Interpersonal skills revolve around the ability to interact and build relationships with others. They include personal attributes on how to handle different social situations.

Salespeople require excellent interpersonal skills to acquire and retain customers. People skills are essentials in sales. They enable the salesperson to communicate, convince, and form lasting relationships with clients.

Answer:

b.

Explanation:

who knows where you cant get your mom to stop yelling

Answers

Answer:you cant my parents do the same

Explanation:

theres no help

Answer:

if u mom yells at you for a certain (for example if she yells at u for not cleaning up then u should maybe clean  so she wouldn't have to yell at u for that reason)

Explanation:

Facial expressions aid in all of the following EXCEPT?
O Setting the tone of the conversation
O Providing feedback
O Providing clues of audience comprehension
Breaking through the stress in the room

Answers

Answer:

Breaking through the stress in the room

yo my old account got disable so i'm on this account plz help me get back up to the top

Answers

Okay.





........................................

Why do you think the graphic designer might have a hard time seeing eye to eye with a copywriter. Help me please!!

Answers

Answer:

A graphic designer focuses on the visual marketing of yhings/services. A copywriter sales with the power of words

ps: you should look up Dan Lok copywriting.

Which of the following are valid reasons to deny someone a job?



-The company is not hiring for new positions.
-This job requires someone with a high school diploma.
-The job requires someone be able to speak French.

Answers

Answer:

The first one and last one.

Explanation:

If this could be 2 answers I think it would be both of these. That is because if the company is not hiring, they most likely won't even look at your resume. Also another one is if you don't speak French, than that job is not for you.

Answer:

you left out an answer.

its a,c,d

Explanation:

Imagine that you own a local fitness gym in your hometown called "U-Fit." You have done well over the last few years and have enough capital to acquire another hometown company, "Power Kore, " that makes nutritional protein shakes. Why would it be a good idea for you to undertake a vertical merger or acquisition of this sort?

Answers

Answer: to increase synergies and have more supply chain control.

Explanation:

A vertical merger is when two or more companies or organizations which are in charge of the provision of supply chain functions that are different merge for a common good.

The main idea behind the merger is to help increase synergies, reduce cost, increase efficiency and productivity and also for more control of the supply chain to be gained.

what kind of sugar is primarily used in preparing icing?​

Answers

Answer:

granulated sugar

Explanation:

powdered sugar or confectioner's sugar is finely ground granulated sugar that is mixed with a small amount of cornstarch to prevent caking.

PLEASE HELP!
If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)

a) -$18,005
b) $20,802
c) $25,225
d) $38,807

Answers

Answer:

b) $20,802

Explanation:

Operating income, also called operating profit, is the income after deducting the operating expenses. In other words, it is gross profit minus operating expenses.

Operating expenses exclude taxes and interest.

Operating income will be calculated using the formula.

Gross profit -operating expenses = operating income

i.e,. Revenue- Costs of goods sold -operating expenses = operating income

=$59,919 - $21,112, -$18,005 =operating income

Operating income = $20, 802

Evaluate this topic idea:
“Teachers gave 18.5% more homework in 2007 than in 2005.”
a.
The topic is satisfactory
c.
The topic is too narrow
b.
The topic is too broad
d.
This is a thesis statement

Answers

Answer:

C. The topic is too narrow

hope this helps! :)

An academic evaluation of the topic, “Teachers gave 18.5% more homework in 2007 than in 2005” shows that d. This is a thesis statement.

What is a thesis statement vs a narrow topic?

A narrow topic lacks breadth, making it impossible for a meaningful discussion of the topic.

A topic should have some breadth, with the thesis statement narrowing it down to a manageable length.

A thesis statement states the author's position on the topic.

Thus, an evaluation of the topic, “Teachers gave 18.5% more homework in 2007 than in 2005” shows that d. This is a thesis statement.

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explain how to maintain the cleanliness and sanition in your work area​

Answers

Answer:

To regularly sanitize with sanitizing wipes and to make sure your hands are clean to whether by washing with soap and water or to sanitize.

Disinfect regular and always make sure you are cleaning your hands

Eric and Sharaveen Rush filed a claim alleging violations of the Fair Credit Reporting Act arising out of an allegedly erroneous credit report prepared by a credit bureau from information, in part, from Macy’s, the department store. The error causes the Rushes to be denied credit. Macy’s filed a motion to dismiss. Is Macy’s liable? Discuss.

(Answer in your own words!)

Answers

Answer:

Macy is liable. The Federal Trade Commission states that both the credit rating agency and Macy's are responsible for correcting the erroneous credit report. It is very hard to sue and win a credit rating agency because they will place the blame on the company that made the initial mistake (Macy's), but lately courts have accepted cases against the companies that cause all this mess.

Courts have lately ruled in favor people alleging that a bad credit report damaged them since a good credit rating is considered an intangible asset. The company that cause the mistakes are liable for any possible damages resulting from a poor credit rating.

Yes, Macy is liable under the Fair Credit Reporting Act, which says the credit bureau and reporting agencies must record accuracy.

Fair Credit Reporting Act

The FCRA protects the information collected by consumer reporting agencies. Under this act, Companies and agencies also have specific legal obligations to investigate disputed information, And recently in the Act some more provisions were added which is related to record accuracy and identity theft.

Thus, under the FCRA, the credit bureau and Macy's department store are liable.

Learn More about Fair Credit Reporting Act here:

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What should you bring to an interview? When should you arrive at the interview? How should you act at the interview?

Answers

Answer:Arrive at the interview about 30 minutes before hand just in case you go in early or if they have to push it back. At an interview just act like yourself, don't try and be someone your not just to wow the person. And what to bring to an interview? well your paperwork if they gave you any, your phone if you need to put something in your calendar right then and there or add someone's number.

Explanation:

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Which statement best synthesizes information from these passages? The Declaration of Sentiments was written at the Seneca Falls Convention to explain why women should be afforded equal rights. In 1848, delegates at the Seneca Falls Convention used the Declaration of Independence to explain why women should have equal rights. The Declaration of Independence built on the ideas of Enlightenment thinkers and has served as inspiration for many people. In 1776, colonists came together to discuss the rights of colonists. Similarly, in 1848, Americans came together to discuss the rights of women. How might the lack of water affect life process at the cellular level and how would this affect an organism? What are colliding when plateaus and mountains ranges are formed First Read: The Cask of Amontillado Where in the story does this excerpt begin? Question 6 of 19Which of the following numbers is closest to 6?A. V38B. 39C. 35D. 134SUBMIT What is the genre of the movie referred to by the poster?O A. el cine de accinOB. el cine romnticoC. la comediaOD. el cortometraje Can someone please help me with the B part? Francesco, a pizza chef preparing the dough for your pizza is throwing it to expand it. In this process, you notice that a chunk of it comes off, flying separately from the rest and on to the floor. If Francesco is 6 feet and 3 inches tall, and the chunk flies off vertically straight up from this height at a speed of 1 m/s, with what speed does the chunk hit the ground? Which statement can be concluded using the true statements?If a quadrilateral has 4 equal sides and 4 equal angles, then it is a square.If a figure is a square, then each of its angles must measure 90 degrees.If a quadrilaterl has 4 equal sides and 4 equal angles, then each of its angles must measure 90 degrees.If a quadrilateral has 4 equal sides and 4 equal angles, then none of its angles measures 90 degrees.If all four angles in a quadriateral measure 90 degrees, the quadrilateral is a square.If all four angles in a quadriateral measure 90 degrees, the quadrilateral cannot be a square. How should the moderator of the group respond to Donnie's comment? what one sport do more people play then volleyball? a.soccerb.footballc.baseballd.basketball I need help solving this How does the author of House Taken Over create a sense of suspense throughout the story? What techniques does he use? Identify three techniques and list them in the space provided below. What two particles are found in the nucleus of an atom? HELPPPPP According to Montaigne, why Is he writing his essays?He wants to become a politician.He wants to explore and record his ideas for his relatives and friends, He wants to convince people to travel to the New World."He wants to seek the world's favor. PLZ HELP PLZ HELP HURRY 40 POINTS NO WRONG ANSWERS PLZ Which of the following courses would an aspiring film composer most likely take?A. theories in classical compositionB. John Williams and the moviesC. music of the RenaissanceD. the art of film production Suppose the quantum number rule for the angular momentum quantum number, I wasl = 0,1,2,...,lInstead ofl = 0,1,2,...,l-1Drag the text components into the boxes to create the Ar electron configuration for the new rule. What is the quotient for 3 and 3/4 divided by 5 and 5/8 Each Congressional term isyears long, beginning in January of oddnumbered years and divided intosessions of one year each ?