Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.

Answers

Answer 1

Answer:

D. Your debt increases as you use your credit card more

When you make a purchase something with a credit card, you are borrowing money from someone else. This puts you in debt. You will build up more debt from purchases until you pay the total amount due.

Hope this helps :)

Answer 2

Your debt increases as you use your credit card more is the statement best describes the relationship between credit and debt when you use a credit card. Thus, option (d) is correct.

What is credit card?

A bank will issue plastic or metal "credit cards" as forms of payment. When using a credit card, also known as a payment card, charges are made against a line of credit instead of the account holder's cash deposits. The credit card is more convenient as compare to cash.

By using credit card more frequently, the debt grows. They must pay the minimum amount due on credit card each month by the balance's due date in order to use one, at least.

Therefore, option (d) is correct.

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Related Questions

What u.s. city, whose inflation rate recently measured 7.9 percent, has the highest such rate in the nation?

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Answer: Atlanta

Explanation:

CNN 10 goes over this.

Property received through a contribution is to be recognized at its fair market value and offset with a credit entry to a: Additional Paid-in Capital account. Contribution Revenue account. Miscellaneous Gain account. Paid-in Capital account.

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Answer:

additional paid in capital accound

the statement of cash flows provides summary information about cash

Answers

Answer: inflow and outflow

Explanation: The statement of cash flows shows where cash is coming from, the inflow and where cash is going to, the outflow. It is the last financial statement to be prepared.

Hope this helps

The fundamental problem with the option ARM loan, as most commonly used, was that it created a rapid increase in the:

Answers

Based on loan and credit analysis, the fundamental problem with the option ARM loan, as most commonly used, was that it created a rapid increase in monthly payments.

This situation is often described as payment shock risk.

In this option ARM loan, the monthly payments increase based on many reasons like unscheduled recast when a negative amortization limit is attained.

Hence, in this case, it is concluded that the correct answer is "monthly payments."

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A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. false true

Answers

Based on the definition of a sale-on-approval contract, it is indeed TRUE that a buyer can return the goods later.

As sale-on-approval contract:

Means that the buyer receives goods but have to test it first to know if they can accept it Means that the buyer can return the goods to the seller if they do not accept the gods

After the buyer tests the goods bought via a sale-on-approval contract, they then have the choice to keep it and pay for it or send it back to the seller.

In conclusion, a sale-on-approval contract allows a buyer to return the good at a later date.

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Explain the difference between “Why me “ sales and “Why “ sales ?

Answers

Explanation:

There’s no way to overcome selling to the right person at the wrong time.

Timing — like so many other aspects of buyer qualification — is a critical component of your sales process.

But how do you know if now is the right time? It’s not difficult to find out. And in this article, I’ll give you a method, specific questions to ask, and a strategy to determine just how motivated your client is.

The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.

Answers

The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.

The breach of promise.

Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.

He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.

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If an insurance company underwriters discovers that an applicant for a homeowners policy has been convicted of submitting a fraudulent claim to an insurer in the past, he may reject the application as a a. Morale hazard b. Certainty of loss hazard c. Moral hazard d. Legal hazard

Answers

Answer:

b

Explanation:

Why might an employee complain to their employer?

Answers

It’s usually because they don’t feel heard.

how many barrels of oil are used per day in the u.s. 2021

Answers

Answer:

about 18.19 million barrels

what is the key difference between primary productivity and net primary productivity?

Answers

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

Answer:

What is the key difference between primary productivity and net primary productivity? Net primary productivity represents just the energy used to build biomass. Net primary productivity is a small fraction (often ~10%) of primary productivity.

Explanation:

a company chooses to price its products by value-based pricing. in order for this type of pricing to be most effective, what additional tactics should be included with the price?

Answers

The additional tactics to be included is use of value-based price in conjunction with all elements of the marketing mix communicating value to the customer

Basically, a value-based pricing is a prices fixing strategy based on consumers perceived value of the product in the market

This type of pricing strategy maintains a certain price level to prevent customers from looking out for competitors product.

Hence, the additional tactics to be included is elements of the marketing mix communicating value to the customer

In conclusion, the Option B is correct.

The missing option includes "a.) employ a general market approach to pricing which considers what the market as a whole sees as valuable in a product or service b.) use a value-based price in conjunction with all elements of the marketing mix communicating value to the customer c.) offer a middle price point with the established price and tout the singularity of the product’s value"

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Advantages of budgeting include ______. Multiple select question. providing benchmarks for evaluating performance forcing managers to think about and plan for the future promoting cooperation and coordination among different areas within the organization providing each department with the same amount of money to spend, so all are treated fairly providing lead time to solve potential problems

Answers

Advantages that can be associated with Budgeting are:

forcing managers to think about and plan for the future

- promoting cooperation and coordination among different areas within the organization

- providing benchmarks for evaluating performance

- providing lead time to solve potential problems.

Budgeting can be regarded as a process involving a creation of a plan to spend your money.

It helps the manager think about the future in terms of our finance and give a benchmarks for evaluating performance.

Therefore, Budgeting helps in how to spend our money.

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The ""field trip to mars"" campaign to promote lockheed martin is an example of ________ advertising.

Answers

Based on the advertising analysis, the "field trip to mars" campaign to promote Lockheed martin is an example of Out-of-Home advertising.

This is because Out-of-Home advertising is a type of advertising that involves the producer or seller making advertisements that people can only see when they are out of the home.

The field trip to Mars campaign involved people entering a bus without headsets then experiencing a visual reality of Mars.

People can only see this advertisement when they are out of their homes.

Hence, in this case, it is concluded that the correct answer is "Out-of-Home advertising."

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________ of advertising is done usually at two separate times: before and after the advertisements are run in the actual campaign.

Answers

According to effective communication strategies, Evaluation of advertising is usually done at two separate times: before and after the advertisements are run in the actual campaign.

This is because Evaluation in the advertisement is a means or action performed by the advertising managers to ensure that the advert meets the objective goals.

Usually, the evaluation is done before to check if it conforms to what is intended to advertise, and evaluation is also done after the advertisement to check if it improves the sales or publicity of what it is created for.

Hence, in this case, it is concluded that the correct answer is "Evaluation."

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When supply chain members realize that their goals and success are linked to others on the same team, they develop deeper long-term ______.

Answers

Answer:

must understand

Explanation:

X-Co issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $100 cash per share. The journal entry to record this event includes a ______. (Check all that apply.)

Answers

Answer:

- $100,000 debit to cash

- $10,000 credit to preferred stock

- $90,000 credit to additional paid-in capital

how do i comment on a question

Answers

Answer:

click the three dots in to the corner then press comments.

If your on mobile you should see like 3 dots and if you click in them and then click comments you should be able to

If your on pc go to under the question and you should be able to comment there as well.

Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year 1, $270,000 in years 2 through 4, and $200,000 in year 5. The discount rate that your firm uses for projects of this type is 11.25%. What is the investment's net present value

Answers

Based on the information given the investment's net present value is $192,369.06.

Using this formula

Net Present Value(NPV)=-Initial cost+ Cash flow during time period/(Discount rate+ Cash flow time)

Let plug in the formula

NPV=-920,000+450,000÷(1+0.1125)^1+270,000÷(1+0.1125)^2+270,000÷(1+0.1125)^3+200,000÷(1+0.1125)^4

NPV=-920,000+450,000÷(1.1125)^1+270,000÷(1.1125)^2+270,000÷(1.1125)^3+200,000÷(1.1125)^4

NPV=$192,369.06

Inconclusion the investment's net present value is $192,369.06.

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The expected proceeds from accounts receivable, determined by taking accounts receivable less the allowance for doubtful accounts, is called:

Answers

Answer:Realizable value

Explanation:

A form of sales promotion that offers prizes based on a chance drawing of entrants’ names is referred to as a

Answers

The term that describes form of sales promotion where prize is been offered based on a chance whereby  entrants’ names are drawn is sweepstakes.

Sweepstakes can be regarded as a race or contest whereby there is allocation of the entire prize to the winner specifically.

In this case the prize is drawn base on entrants’ names.

Therefore, sweepstakes is the correct term.

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Which problem can be solved by division of decimals? Danette needs 8 dozen eggs for her restaurant. How many eggs should she buy? How much money does Dawna need to fill her 11. 5 gallon gas tank if the price of gas is $3. 59 a gallon? How many more miles does Judy’s family have to drive to reach their destination if they have driven 45. 4 miles of a 123. 8 mile trip? What is Jeremy’s average if he received a total of 323. 7 points on 7 tests?.

Answers

Answer:

What is Jeremy's average if he received a total of 323.7 points on 7 tests?

Explanation:

The first question requires the multiplication of whole numbers to find how many eggs 8 dozens are.

The second question includes decimals but you have to multiply that not divide.

The third question also includes decimals but it is the subtraction of them not division.

To find the average, you need to divide the total by how many there are and those are provided in decimals so it is the fourth question.

Fred lost his factory job, replaced by welding robots. He has now given up looking for work. Fred is:

Answers

Hes facing structural unemployment

Why did the length of time required to develop an administrative rule grow from an average of 15 months to an average of more than 35 months over the last four decades

Answers

Considering the bureaucratic regulations, the length of time required to develop an administrative rule grew from an average of 15 months to an average of more than 35 months over the last four decades because "it takes a lot of procedures before a conclusion is made."

This is because currently, there is a need to make new procedures that require more public notice.

Also, the administrative rules such as environmental impact statements will have to go through more public hearings, additional cost-benefit analysis, and pass stronger legal obligations.

An administrative rule is made to ensure that certain activities will have no unacceptably large negative consequence on the human or physical environment.

Hence, in this case, it is concluded that making an administrative rule takes a lot of procedures before a conclusion is made.

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When Dean, Nate, and Nancy first started thinking about launching a cheese shop in Fort Collins, we took a good period of time to think through the goals that we wanted to accomplish with this small business. We also set in place touchstones (click that if you're not familiar w/ this analogy) by which we would consider major decisions regarding our business model. In short we took time to try and envision, and subsequently plan, what we wanted our business to look like in 5 years. According to class this week, what activity were we engaged in

Answers

Answer:

strategic planning

Explanation:

the term ________ is described as a formal means of analyzing long-range investment alternatives.

Answers

The answer is capital budgeting

After a strong hurricane lashed the Caribbean last year, many impacted countries were forced to borrow money for repairs. Which organization would most likely be responsible for lending the money in this example

Answers

Answer: World bank

Explanation:

The International Monetary Fund (IMF) is the organization that would most likely be responsible for lending the money in this case,

The International Monetary Fund is an international body that offers loans and other forms of assistance to facilitate establishment and maintenance of a country's economy.

In conclusion, the International Monetary Fund (IMF) is the organization that would most likely be responsible for lending the money in this case,

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Because all other parts of the budget depend on it, if the ______ budget is inaccurate, the rest of the budget will be inaccurate.

Answers

Answer:

Sales budget

Explanation:

Because all other parts of the budget depend on it, if the sales budget is inaccurate, the rest of the budget will be inaccurate.

What is the sales budget?

A sales budget is a financial plan that estimates a company’s total revenue in a specific time period. It focuses on two things: the number of products sold and the price at which they are sold to predict how the company will perform.

Sales budgets are important tools to help businesses estimate their overall performance and how much revenue they may make from a certain product. It helps companies forecast sales and maximize the utilization of their resources. A sales budget also serves as a planning tool for organizations to use to set specific standards for achievements. For instance, a company could take its annual sales budget of $1000 and divide it by four to determine the team's quarterly goal of $250.

Organizations can determine if their business is successful by examining how closely they reach their target.

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increased visibility, tracking, traceability and higher quality are all attributes of what type of benefits for tracking items using rfid tags?

Answers

The operational benefit is benefit offered by the rfid tags because of its attributes of increasing visibility, tracking etc

Operational benefit refers to something that reduces use of manpower, improves work accuracy, reduces operational costs etc

The rfid tags are used in inventory tracking and works by using electromagnetic fields to identify and track tags attached to the products.

Therefore, the rfid tags offered the benefit known as Operational benefit because of its attribute including increased visibility, tracking, traceability, higher quality etc.

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A company's ____________ are the priorities, principles, and beliefs that guide the company. A. Strengths B. Demographics C. Values D. Opportunities Please select the best answer from the choices provided A B C D.

Answers

Answer:

I would say its C: Values

Explanation: I own three stores and trust me the most important part about a company is the value.

Answer:

c <3

Explanation:

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