If the demand for gas is perfectly inelastic, a large decrease in the supply of gas will result in.
Answers
In economics, elasticity is the measure of the responsiveness of demand or supply to changes in price or income.
Perfectly inelastic demand refers to a situation in which the quantity demanded does not change in response to a change in price. Thus, a large decrease in the supply of gas would result in only a small change in the quantity demanded of gas, which is the main answer to the question.
Basically, when the demand for a product is perfectly inelastic, then the consumers will purchase the same quantity of a product even when the price of the product has increased or decreased. When the supply of gas is decreased, the price of gas will increase due to an increase in demand for the limited supply of gas.
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Related Questions
If you are projecting your future financially, what are your
doing?
Risking
Forecasting
Managing
Expanding
Answers
Answer:
Forecasting
Explanation:
Because a weather forecast looks ahead for weather. You are forecasting your financial future
Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. She’s worried that she won’t be able to complete them all. Which of the following actions should her get each task done?
A. NOT LOOK AT THE CLOCK
B. SAVE SOME TASK FOR TOMMOROW
C. SPEND TIME REORGANIZING HER "TO DO" LIST
D. IMPOSE A TIME LIMT ON EACH TASK
Answers
Answer : C
Explanation:
Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. The following actions should her get each task done spend time reorganizing her "To Do List."
What is "TO DO LIST?A to-do list is simply a list of tasks that need to be completed. In other words, pretty much anything and everything can be on your to-do list. However, just because you've written your tasks down doesn't mean they'll actually be done. You can prioritize your tasks and produce excellent work by keeping track of when they are due.
It is a list of things you need to get done or desire to do. They are usually arranged according to priority. They serve as a memory aid and are typically written on paper or post-it notes.
Further that TO DO LIST have to complete is one of the core time management tools. It places all of your tasks in one location. From there, you can order them by importance and focus on the most crucial ones first.
Therefore brain is not the most effective memory tool and only relies on methods that it is certain will work.
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lighting fixtures that distribute 60% to 90% of their emitted light downward but also distribute 10% to 40% upward to illuminate the ceiling are classified as?
Answers
Semi-direct lighting fixtures are those that emit light that is distributed between 60 and 90 percent downward and 10 to 40 percent upward to illuminate the ceiling.
What kind of lighting configuration directs 60 to 90% of its light output toward the ceiling and higher walls?A semi-direct lighting system directs 60 to 90% of the luminaire's light toward the work area. Reflections of the residual light can be seen on the ceiling and top portions of the walls. This lighting configuration produces even lighting while reducing shadows.
A glass reflector directs between 60 and 90 percent of its light onto the work surface, with the remaining 10 to 40 percent going to the top and edges of the globe. Typically, they are made up of a bulb or lamps encased in prismatic or opalescent glass. With this arrangement, the light is diffused, the light source is hidden, and the glare is reduced.
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Cash flow from assets. Use the data from the following financial statements in the popup window, The company paid interest expense of $19,000 for 2017 and had an overall tax rate of 40% for 2017. Find
Answers
Let's assume the following financial statement information for the calculation:
Net Income: $50,000
Depreciation Expense: $10,000
Changes in Working Capital: $5,000 (increase)
Capital Expenditures: $15,000
To calculate the cash flow from assets, we can use the formula:
Cash Flow from Assets = Net Income + Depreciation Expense - Changes in Working Capital - Capital Expenditures
Given the provided values:
Net Income = $50,000
Depreciation Expense = $10,000
Changes in Working Capital = $5,000 (increase)
Capital Expenditures = $15,000
Cash Flow from Assets = $50,000 + $10,000 - $5,000 - $15,000
Cash Flow from Assets = $40,000
Therefore, based on the assumed values, the cash flow from assets would be $40,000.
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DUE TODAY PLEASE HELP T^T
One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.
False
True
Answers
Answer:
False
Explanation:
Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.
I attached a pic of my question, pls help.
Answers
Farmer raising sheep.
Iowa enacts a law that restricts certain kinds of advertising to protect consumers from being misled. This law would likely be held by a court to be
Answers
1. A U.S. company anticipates that it will sell merchandise for €100,000 at the end of August and receive payment for it at the end of October. On May 1, when the spot rate is $1.20 and the forward rate for delivery on October 31 is $1.21, the company enters a forward contract to sell €100,000 on October 31. The forward contract qualifies as a cash flow hedge of the forecasted sale. The company sells the merchandise on August 30, when the spot rate is $1.232 and the forward rate for October 31 delivery is $1.23 and receives payment of €100,000 and closes the forward contract on October 31, when the spot rate is $1.24. The company has a December 31 year-end. What is the net exchange gain/loss for the year related to this transaction? A. $200 net gain B. $1,800 net loss C. $200 net loss D. $-0-
Answers
Answer:
C. $200 net loss
Explanation:
The net loss or gain is calculated on hedging to determine whether the hedge has been beneficial for the company or not. Hedging is a process to transfer exchange rate movement risk. This is usually suitable for the companies who have receipts or payments in foreign currencies.
The hedging gain loss can be calculated as:
Forward rate at the time of contract - spot rate today
$1.21 - 1.232 = 0.0232
why might preparing taxes be different for people living in different states?
Answers
Based on state analysis on tax preparation, preparing taxes might be different for people living in different states for many reasons, including different rules and regulations guiding different states.
Other reasons preparing taxes might be different for people living in different states are the following:
The amount of tax imposed on individuals is different from state to state.Different states have particular laws that guide the tax compositions, collection, and penalties on failure to pay tax when due.Hence, in this case, it is concluded that the correct answer is difference in laws and regulations concerning tax.
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Answer:
everyone must file state taxes but depending on where you live , you may not need to file federal taxes
Explanation:
beacuse have different law
1. Peggy richey operates peggy's pizza place in southern california. She has maintained a sales history from january through june and wants to compare this year's sales with last year's sales. Calculate her sales variances and percentage variances for the first 6 months of the year
Answers
We divide the sales variation by the sales from the previous year and multiply the result by 100 to get the percentage variance. The first half of the year's sales variance totals $7,000, which is an 8.2% rise over the same period previous year.
Peggy should have kept a record of her sales figures for both years to make the comparison.
Let's assume that Peggy's sales figures for the first six months of last year were as follows:
January: $20,000
February: $22,000
March: $25,000
April: $28,000
May: $30,000
June: $32,000
And her sales figures for the first six months of this year were as follows:
January: $22,000
February: $25,000
March: $28,000
April: $30,000
May: $33,000
June: $35,000
To calculate the sales variance for each month, we need to subtract the sales figure for last year from the sales figure for this year:
January: $22,000 - $20,000 = $2,000
February: $25,000 - $22,000 = $3,000
March: $28,000 - $25,000 = $3,000
April: $30,000 - $28,000 = $2,000
May: $33,000 - $30,000 = $3,000
June: $35,000 - $32,000 = $3,000
To calculate the percentage variance for each month, we need to divide the sales variance by the sales figure for last year and multiply by 100:
January: ($2,000 / $20,000) x 100 = 10%
February: ($3,000 / $22,000) x 100 = 13.6%
March: ($3,000 / $25,000) x 100 = 12%
April: ($2,000 / $28,000) x 100 = 7.1%
May: ($3,000 / $30,000) x 100 = 10%
June: ($3,000 / $32,000) x 100 = 9.4%
These figures show that Peggy's sales increased for every month of the year compared to the same month last year, with the largest increase being in February at 13.6%. Overall, Peggy's total sales for the first six months of this year were $9,000 higher than for the same period last year, representing a total percentage variance of 8.5%.
Peggy can use this information to make informed decisions about her business, such as whether to increase advertising or promotions during certain months, or to adjust her inventory levels to accommodate the higher sales volume.
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Which development with most reflects Karl max is belief in the economic system that he predicted to replace free market
Answers
The development with most reflects Karl max that is belief in the economic system that he predicted to replace free market is option B. Workers share all the profits generated from a factory. Read below about Karl Max's belief in economic system.
What is Karl Max's belief on the economic system?Marx believed that in a capitalist system, society would inevitably divide themselves into two classes – the business owners and the workers. The workers would produce the material goods and conduct all the labor, while the owners would reap all the financial and social benefits.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which development would most reflect Karl Marx's belief in the economic system that he predicted would replace free markets? A. Governments eliminate all taxes on wealthy corporations. B. Workers share all the profits generated from a factory. C. Companies begin to sell their products in overseas markets. D. Businesses refuse to hire workers who demand high wages.
Based on the US auditing standards, who should be involved and who should be on the due diligence team considering the serious time constraints which exist for US audits? How are the due diligence requirements different for the US than under international auditing standards?
Answers
Under US auditing standards, the individuals involved in the due diligence team for US audits should include professionals who possess the necessary skills and knowledge to perform the engagement. This typically includes auditors, specialists, and other personnel with relevant expertise. The team should be led by the engagement partner who has overall responsibility for the audit.
Considering the serious time constraints that exist for US audits, it is essential to allocate sufficient resources and plan the audit effectively. The team should include individuals who can work efficiently and diligently to meet the required deadlines while maintaining the quality and integrity of the audit process
Regarding the differences in due diligence requirements between US auditing standards and international auditing standards (such as International Standards on Auditing, or ISA), it is important to note that there are some variations. The US auditing standards, which are established by the Public Company Accounting Oversight Board (PCAOB), have specific requirements and guidelines that are tailored to the US regulatory environment.
Some key differences include the reporting requirements, disclosure requirements, and specific considerations related to US laws and regulations. The PCAOB standards place more emphasis on the evaluation of internal control over financial reporting (ICFR) and require auditors to provide an opinion on the effectiveness of ICFR. Additionally, the PCAOB standards have specific requirements for auditors to report on critical audit matters (CAMs) in the auditor's report for certain public companies.
On the other hand, international auditing standards, such as ISA, are developed by the International Auditing and Assurance Standards Board (IAASB) and are designed to be applicable globally. These standards focus on providing principles-based guidance that can be adapted to different jurisdictions and legal frameworks.
Therefore, the due diligence requirements under US auditing standards may differ from international auditing standards in terms of specific procedures, reporting obligations, and regulatory considerations. It is crucial for auditors to be aware of and adhere to the applicable standards and regulations based on the jurisdiction in which they are performing the audit.
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Design and develop Process Modeling using Business Process
Modeling Notation (BPMN) for the scenario.
A master's degree student is seeking for a program supervisor.
As a result, he or she will begin
Answers
Business process modeling notation (BPMN) is a standardized notation that allows businesses to graphically represent business processes in a clear and consistent way. It enables businesses to identify, analyze, and optimize business processes, making it easier to understand and manage business processes.
Start Event: The process starts with a start event, which in this case is the master's degree student's decision to find a program supervisor.
Task 1: The student must then identify the criteria that they want in a program supervisor.
Task 2: The student should find out which supervisors match the identified criteria and approach them to determine if they would be willing to supervise the student.
Task 3: The student can then choose a supervisor who meets the identified criteria and has agreed to supervise the student.
End Event: The process ends with the selection of a program supervisor. BPMN provides a standard notation that helps in the consistent representation of business processes, making it easier for stakeholders to understand and analyze the process.
BPMN is widely used in the business process management (BPM) field as it provides an intuitive and standardized way to represent business processes.
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Indicate whether the situation below will lead to a surplus, shortage, or neither.
The price of a product falls to a level that consumers consider a bargain.
O Neither
Surplus
Shortage
Answers
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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PLS HELP!! Explain the Interest-Based Relational (IBR) Approach.
Answers
Answer: See explanation
Explanation:
In conflict resolution, the Interest-based Relational (IBR) approach is used to resolve conflict or issues while a personal relationship that is positive is still being maintained.
For the interest based relational approach, conflict is resolved through active listening and carefully analysing the issues involved. Such conflict is resolved by being non-confrontational and the point of view of everyone involved is listened to.
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
checking the purchase order upon delivery of products to a warehouse ensures that
a. the order was actually made in the quality is correct
b. The items were purchased at the lowest possible price
c. The items work as advertised
d. there will be enough storage space to house the items
Answers
Answer:
i believe it is a.
Explanation:
im not sure but this sounds the most reasonable
2. m&j does not have a formal management approach to managing the employees. some low-level employees
are paid more than higher-level employees because they have been with the company longer; others are given
extra time off without any explanation. employees who are not managers often direct other employees but
won't deal with conflicts because they say it isn't their job. some employees are clearly not motivated to do
what needs to be done to make m&j as successful as it could be. in your response:
Answers
M&J need to bring efficiency in the level of their employee management to be able to maintain formal office behavior.
How to make employee management efficient?The management of workforce by way of standardization and classification of pay by class division is one of the ways to do efficient management.
There must be proper management regarding resolving the grievances of employees with respect to their salaries and modes and methods of payment.
Hence, the steps to improve the efficiency of employee management are aforementioned.
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Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answers
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
the higher gross domestic product per capita in some less developed countries such as brazil, south africa, and malaysia is best explained by increases in the value of the country’s
Answers
The higher gross domestic product per capita in some less developed countries such as Brazil, South Africa, and Malaysia is best explained by increases in the value of the country’s GDP per capita.
The GDP per capita can be referred to or taken into understanding as the one wherein there is a significant increase in the production of goods and services in relation to the people living per capita. The GDP per capita is higher in countries that are less developed or underdeveloped, such as South Africa, Brazil, and Malaysia.
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Complete question
The higher gross domestic product per capita in some less developed countries such as brazil, south africa, and malaysia is best explained by increases in the value of the country’s __________.
Earline rented a drilling machine from Quatero Rental Corp. While Earline was drilling as instructed by the product manual, the drill bit snapped and injured her seriously. A thorough examination of the broken drill bit showed that it had a flaw that caused it to snap under intense heat or pressure. Under these circumstances, Quatero will _____.
Answers
Answer:
The options are
A. be held liable for Earline's injuries because a bailment for the sole benefit of the bailee was created
B.be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
C.not be held liable for Earline's injuries because both Quatero and Earline share mutual benefits from the bailment
D.not be held liable for Earline's injuries because it is a private contract carrier and is held to a lower level of responsibility
The Answer is B. be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
The drilling machine having a fault and Quatero Rental Corp. being aware of it and not telling Earline about it means the company is at fault and will be held liable for any form of injury or death it poses. This is because it’s their responsibility to ensure goods and services being rendered are safe for use and consumption and it applies to all companies.
what is
a: cultural diplomacy
b: Global IR?
What is an example of each and why this concept is important in contemporary international relations?
Answers
Cultural diplomacy is a type of diplomacy that aims to establish and strengthen relationships between various cultures. Global IR refers to a relatively new field of international relations that aims to analyze the evolving landscape of international politics in the age of globalization.
a.Cultural diplomacy is a type of diplomacy that aims to establish and strengthen relationships between various cultures. It includes the exchange of artistic works, educational activities, and cultural events that foster a better understanding between people of different backgrounds. For instance, the United States Embassy in Nigeria has been organizing cultural events to build a relationship between the two nations. This concept is important in contemporary international relations because it helps to enhance global harmony and peace.
b.Global IR refers to a relatively new field of international relations that aims to analyze the evolving landscape of international politics in the age of globalization. It includes issues such as economic interdependence, cultural exchange, and political power in a world where national boundaries are becoming increasingly blurred. An example of this is the relationship between China and the United States, where both countries are trying to balance their economic and political interests. This concept is important in contemporary international relations because it provides a framework for understanding the complex interactions that take place in the global arena.
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Type a paragraph explaining how you have shown initiative in the past. Use proper grammar, spelling, and punctuation.
Answers
Answer: Your previous place of work or employment. A specific instance where you showed initiative. How your initiative impacted yourself or the company.
Explanation:
the type of marketing strategy in which a company captures a larger share of an existing market for current products through market saturation or market penetration or develops new markets for current products is called
Answers
Rebranding a product to increase its marketability to consumers is the process of market development (both those already consuming the products and those yet to consume them). This market development entails adopting a variety of inventive techniques to increase the appeal of an already-existing product to consumers.
Market development growth employs market segments.entire spectrum of goods and services consumers begins conducting market research, during which you will carry out an analysis of the market’s existing segments.Diversification of product pipeline, product proliferation, and development are all part of a market expansion strategy.focuses the company’s efforts on its current clients. Marketing campaigns are established market segments’ growth strategies.
Market penetration is a marketing strategy that focuses an organization’s efforts on existing customers while utilising the present marketing mix. We require effective marketing strategies.
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discuss how
prices are formed under a perfectly competition market
Answers
Answer:
In a perfectly competitive market, equilibrium price is determined by the forces of market demand and market supply. Market demand refers to the sum total of demand for a commodity by all the buyers in the market.
A(n) __________ strategy is the outcome of a rational and structured, top-down strategic plan. multiple choice question. serendipitous emergent realized intended
Answers
A(n) intended strategy is the outcome of a rational and structured, top-down strategic plan.
What do you mean by intended strategy?An expected system is the methodology that an association desires to execute. Expected techniques are normally depicted exhaustively inside an association's masterful course of action. At the point when a well defined course of action is made for another endeavor, it is known as a marketable strategy.
An expected system is what you plan to happen deduced to the activities you are deciding to seek after. You attempt to design out the drawn out objectives and activity plans. For instance, as an individual, you could make an arrangement to practice over 3 days per week, or as a firm, you could want to present one new item consistently.
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Effective managing of accounts receivable is important because it
A. accurately shows the revenues of a company
B. determines the liability on the balance sheet
C. indicates the profitability of a company
D. affects cash flow and liquidity in a company
Answers
Answer:
the answer is D
Explanation:
the answer is d
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
Answers
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Karen works in a department store. Her coworkers have diverse cultural backgrounds. Which statement shows that Karen understands the importance of multiculturalism?
A.
She values a consistent focus on knowing and completing her daily tasks.
B.
She expects everyone to conform to the same ideas about punctuality.
C.
She appreciates how other perspectives enhance customers’ shopping experiences.
D.
She values completing a job on schedule more than taking time to build relationships.
Answers
A.
She values a consistent focus on knowing and completing her daily tasks.Answer:
Explanation: