Credit cards can help _____________ when paid off on time regularly.

Answers

Answer 1

Answer:

lower your debt

Explanation:

Answer 2

Credit cards can help to lower debt when paid off on time regularly.

What is Credit card?

A credit card is a sort of credit facility offered by banks that allows clients to borrow monies up to a pre-determined credit limit. It allows customers to make purchases of products and services. When using a credit card, you must make at least the minimum payment each month by the balance's due date.

Paying it down on time might help to boost the credit. People who do not have much credit history may have difficulty obtaining a beginning card. A card with a lower credit score may be appropriate in some instances, but for many people, a secured card is a better alternative.

The lower credit usage, the smaller credit card balance. Paying your credit card debt on time and consistently might enhance your credit score.

As a result, if credit score improves, you may be able to qualify for lower interest rates and other loans, such as mortgages.

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Related Questions

The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.

The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.

Answers

The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.

What is a fixed-rate mortgage?

It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.

C - Monthly payments for 30 years.

D - The interest rate is 4.8 % annually

E -  borrowing $200,000.

Therefore, options C, D, and E explain the fixed-rate mortgage.

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Choose the option that best matches the description given. Extra funds set aside in a nonprofit human services organization are known as

Answers

Answer:

A). Prudent reserve

Multiple-choice options for this question.

A) .Prudent reserve B) Rainy day funds C) bonus pay

Explanation:

The prudent reserve is the amount of money set aside for use should donations decrease.  Nonprofit human services organization uses the prudent reserve to meet operational expenses in periods of low contributions. Therefore, the prudent reserve is a form of a saving plan sufficient to cover expenses for several months.

The recommendation is that Nonprofit human services organizations should have prudent reserves to cover at least three months but not more than one year.

Answer:

Prudent reserve

Explanation:

The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and services. B. Equalizing the marginal utility per dollar spent across goods and services. C. The marginal utility per dollar spent across goods and services. D. . E. Maximizing the marginal rate of substitution.

Answers

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

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Type the correct answer in the box. Spell all words correctly.
What will the Security and Exchange Commission’s plan of action be if it finds any irregularities in the dealings of a financial securities firm?
If the Security and Exchange Commission finds any irregularities in the dealings of a financial securities firm, it can send a comment letter and initiate __________ proceedings.
Please Help!!!!!!!!!!!!!!!

Answers

Answer:

proper

Explanation:

Which department of a business is responsible for creating budgets and
analyses the inflow and outflow of the company's monetary assets?

Research and Development
O Production
O Accounting and Finance
O Marketing and Sales​

Answers

Answer:

Accounting and Finance

William wrote a check for $150.00 for his gas bill, but he only has 96.26 in his checking account. What will happen to the check when it is presented for payment

Answers

Answer:

The person will ask William to check his checking account and then William would have to lower the check amount he had previously wrote.

Explanation:

If you write a check or make a purchase for more than you have in your checking account, your bank may cover the difference. This line of credit offered by the bank is called overdraft protection. ... Furthermore, if your account remains overdrawn, your bank may also charge you daily interest on the loan.

Scenario D. Luxe Slumber is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, Ana is performing the function of a(n) ________ manager.A. strategicB. frontlineC. operationsD. top-levelE. tactical

Answers

Answer:

A)strategic

Explanation:

From the question we are informed about Scenario D. Luxe Slumber who is a company that produces high-quality mattresses. Omar, the CEO, makes all the business deals for the company. He negotiates with suppliers and gets new customers and business for the company. Charles communicates his vision for the company and what he would like it to achieve to Ana, who lays out plans to make possible the execution of that vision. Ana delegates the work accordingly by communicating to the sales and production managers Omar's vision and what he requires of them. Irving, a floor manager, makes sure that the workers do their jobs at the required pace to meet the targets and goals of the company.By creating objectives and communicating them to the rest of the organization, In this case Ana is performing the function of a strategic manager. A Strategy Managers is essential in organization in order to achieve the goals of the organization, the manager helps in reviewing of the organizations so that strengths as well as the weaknesses and operational effectiveness of the organization can be determined. The strategy manager can help the organization in making

recommendations after considering internal and external factors in order to minimize risks, he can as well formulate plans that can help the organization's long-term goals to be achieved.

What are the goals of CRM and social media marketing

Answers

Answer:

A company moves their focus onto customers who are active on different social media platforms, to both offer customer service on social channels, and to optimize their own service by collecting customer data via these channels. The long-term goal of Social CRM is to increase customer satisfaction and revenue.

Explanation:

I'll GIVE BRAINLIEST!!!
FIX IT PLS

Answers

Answer:

What are we suppose to exactly do?

Explanation:

THERE ARE TEN BUTTONS ON THE TABLE

Answers

Answer:

what

Explanation:

..............................cool................

uh this makes no sense bruh

Make a brief description of each one 1. Exchange rates 2. Pyramid of Maslow 3. Basic needs 4. Self-realization 5. Entrepreneurship 6. SWOT analysis 7. Fixed costs 8. Variable costs 9. added value 10. Market research plz is for today

Answers

Explanation:

1. Exchange rates: the value a currency possesses when been transferred from one to another.

2. Pyramid Maslow: Maslow pyramid is used to show the heir-achy of human needs, with the most basics needs like safety, food water at the bottom. And more complex needs like self-realization at the top of the pyramid.

3. Basic needs: This are what humans needs for its day to day survival e.g shelter, water, food.

4. Self-realization: this is the discovery of oneself, achieving your full potential.

5. Entrepreneurship: this is a process where by you discover, design and launch a business idea so as to make gain.

6. SWOT analysis: this is a market survey carried out to discover your potential market(customers) where SWOT stands for Strength, Weakness, Opportunity and Threat. You study your competitors weakness, threats against the strengths of your own product and you seize the opportunity to introduce your product to the market.

7. Fixed cost: this are cost which are fixed e.g rent, interest rate, e.t.c.

8. Variable cost: this is a cost which is determined by factors which are put into producing an output e.g labor, raw materials.

9. Added value: this is the difference between the cost price and selling price of a goods or service.

10. Market research: this is a survey carried out on a potential market to know its customers, competitors e.t.c.

explain the components of external environment.​

Answers

Answer:

The external environment is split into two categories: micro and macro. Larger sociocultural influences that impact society as a whole are included in the macro or wide environment. It consists of six elements: the demographic, economic, physical, technological, political-legal, and social-cultural environments.

Explanation:

Hope this helps!

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Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
Which checking account would be best for Irma?
Account A
Account B
Account C
Account D

Answers

Answer: the correct answer is A

Explanation:

Answer:

A

Explanation:

What is a Discount Rate?

(read multiple choice answers below)

Answers

Answer:

I think it is D) Interest rate charged to banks on loans they receive from the Federal Reserve

Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."

Answers

Answer:

Some of the characteristics of successful leaders are that they must be able to direct, guide and commit their employees. In this example, Barbara is just doing that, she is telling her employees what will be done in a way that they both agree upon and believe it is a good option.

She was able to stop an argument that could eventually lead to more serious problems within the organization and provided a solution that satisfied both parties.

Candace works for a small marketing firm that focuses on ads that pop up on social media web pages. Candace most
likely works in
O Marketing Research.
O Professional Sales.
O E-Marketing.
O Distribution and Logistics.

Answers

Answer:

O E-Marketing.

Explanation:

E-marketing is Electronic marketing. It is also known as online marketing and refers to marketing done through the internet.  E-marketing combines traditional marketing concepts with modern technology. It involves marketing a company's products and services through the internet using computers and mobile devices as mediums.

Answer:

E-Market

Explanation:

Did on edge

Which term describes a situation in which one country can produce a product
at a lower opportunity cost than another country?
A. Deficit advantage
B. Comparative advantage
C. Absolute advantage
D. Surplus advantage

Answers

Answer:

B. Comparative advantage

Explanation:

Comparative advantage is when a country or company can produce goods using fewer resources compared to its rivals. It means the product will cost much less when produced by the country with a comparative advantage.

A comparative advantage means that a country will produce more output of a product when using similar inputs as rivals.  The country or company can, therefore, avail the product in the market at a lower cost. Other countries stand to gain when importing products from countries with a comparative advantage than when they manufacture.

Answer:

B. Comparative advantage

Explanation:

Just got it right on my quiz!

The greater the magnitude of the external benefits of production, a. ​ The larger is the deadweight loss from underproduction. b. ​ The greater would be the optimal tax. c. ​ The less the private market solution would deviate from the socially efficient level of output. d. ​ All of the above are true.

Answers

Answer:

d. ​ All of the above are true

Explanation:

External costs happen if during production or consumption of a good or a service there is a negative effect on another party. The existence of this can bring about market failure. In the presence of externalities social benefit costs are a combination of private costs and also external benefits of production.

All of the options a, n and c are true so d is the answer here.

Listed below are several transactions that took place during the second and third years of operations for RPG Consulting.
Year 2 Year 3
Amounts billed to customers for services rendered 390,000 490,000
Cash collected from credit customers 300,000 440,000
Cash disbursements:
Payment of rent 84,000 0
Salaries paid to employees for services rendered during the year 144,000 164,000
Travel and entertainment 34,000 44,000
Advertising 17,000 39,000
In addition, you learn that the company incurred advertising costs of $29,000 in year 2, owed the advertising agency $5,400 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.
Required:
1. Calculate accrual net income for both years.
2. Determine the amount due the advertising agency that would be shown as a liability on RPG’s balance sheet at the end of year 2.

Answers

Answer:

1.                                              Year 2          Year 3

Revenues                            $390,000    $490,000

Expenses

Rent                                     $42,000       $42,000

Salaries                                $144,000     $164,000

Travel and entertainment    $34,000      $44,000

Advertising                           $29,000      $21,600

Net Income                          $99,000      $260,400

2. Advertising liability at end of year 2 = $29,000 - ($17,000 - $5,400) = $29,000 - $11,600 = $17,400

Working

Advertising Expenses

Debit                            Credit

                                    Balance B/d                       5400

Bank               17000    Profit and Loss account 29000

Balance c/d 17400  

Total                34400   Total                                  34400

Advertising Expenses

Debit                     Credit

                                  Balance B/d                      17400

Bank     39000    Profit and Loss account   21600

Balance c/d  0

Total            39000    Total                                  39000

HEY guys can yall help me im trying to get caught up on school work before november 30.
What techniques are required to accept constructive criticism? Select all that apply.

A. not interrupting or speaking until the other person is finished making a point

B. filing a formal complaint with human resources to make sure your point of view is documented

C. not frowning, sneering, or defensively folding arms in front of you

Answers

Answer:

i think its letter A and C

What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records

Answers

Answer: B: test products such as drugs and automobiles for safety

Explanation: âpex learning

The share in the company's profit is called_________.​

Answers

Answer:

profit sharing

Explanation:

From Investopia they define profit sharing as

"A plan gives employees a share in their company's profits based on its quarterly or annual earnings."

Select three things are included in a product requirements document.(more than one answer)

[ ]customer stories
[ ]request for proposal
[ ]service providers
[ ]business plan
[ ]market data

Answers

Answer:

b d e

If i am wrong i am sorry

The correct answers are B,D, and E.

B. request for proposal

D. business plan

E. market data

what is nbetter fender gibson or danelectro guitars. (in your opinion). I ALREADY HAVE MINE DANELECTRO ALL THE WAY.

Answers

Answer:

Danelectro Guitars

Explanation:

They are just cool.

I work at a company, and my boss wants me to hand out flyers and get people's names and numbers. But lately i haven't been getting many numbers. Any tips?

Answers

Answer: Social Media!

Explanation:

You can create an online flier and post it on your social media account or a work account, you can ask people to give names and numbers onto a calling list. Something like this could work: “At my job, I need to hand out fliers for <what the fliers are about> and I need names and numbers, can someone help?”

what is the specific goal of product promotion ?​

Answers

Answer:

Promotional goals include creating awareness, getting people to try products, providing information, retaining loyal customers, increasing the use of products, and identifying potential customers, as well as teaching potential service clients what is needed to “co-create” the services provided.

getting people to buy the product you are promoting

Identify the items from the following list that are likely to serve as source documents. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
1. Check
2. Statement of cash flows
3. Ledger
4. Prepaid insurance account
5. Invoice from supplier
6. Income statement
7. Company revenue account
8. Bank statement
9. Purchase order

Answers

Answer:

1. Check

5. Invoice from supplier

8. Bank statements

9. Purchase order

Explanation:

Source documents are used to trace a transaction. The main characteristic of a source document is that it does not originate within the company but needs to be signed or authorized by both the company and a third party such as a bank, a customer, and a creditor or supplier. The above are the only source documents on the given list.

Explain 4 disadvantages of state owned entreprises​

Answers

Answer:

State owned enterprises help the government to control certain strategic sectors of the economy,they provide very essential services to the people at cheaper and affordable rates,they protect the consumers from being exploited by private enterprises by offering them a cheaper and better alternative and Ensuring better public service

Explanation:

Suppose that Italy and Austria both produce fish and shoes. Italy's opportunity cost of producing a pair of shoes is 5 pounds of fish while Austria's opportunity cost of producing a pair of shoes is 10 pounds of fish. By comparing the opportunity cost of producing shoes in the two countries, you can tell thatItaly has a comparative advantage in the production of shoes andAustria has a comparative advantage in the production of fish. Suppose that Italy and Austria consider trading shoes and fish with each other. Italy can gain from specialization and trade as long as it receives more than5 pounds of fish for each pair of shoes it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than1/10 pair of shoes for each pound of fish it exports to Italy. Based on your answer to the last question, which of the following prices of trade (that is, price of shoes in terms of fish) would allow both Austria and Italy to gain from trade?
a. 9 pounds of fish per pound of cheese.
b. 18 pounds of fish per pound of cheese.
c. 3 pounds of fish per pound of cheese.
d. 1 pound of fish per pound of cheese.

Answers

Answer:

a. 9 pounds of fish per pound of cheese.

Explanation:

The gain from trade would arise at the time when the price of the cheese with respect to the fish is more than 5 and less than 10

So according to the given option the first option is met the criteria

The 9 is more than 5 and less than 10

And, the other options does not met the criteria

So, the first option i.e. a is correct

And, all other options are wrong

Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of apples per year and xb bushels of bananas per year is written as (xa, xb). last year, charlie consumed 20 bushels of apples and 5 bushels of bananas.

Answers

Answer:

the question is incomplete:

It happens that the set of consumption bundles  (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB =  150/xA.

I also found the attached graph.

The requirements are:

Is (30,5) ≈ (10,15) true or false? Is (10,15) > (20,5) true or false? Is (20,5) ≥ (10,10) true or false? Is (24,4) ≥ (11,9.1) true or false? Is (11,14) > (2,49) true or false? A set is convex if for any two points in the set, the line segment between them is  also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex  set? Is the set of bundles that Charlie considers inferior to (20,5) a convex set? The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  ______________ ___ of ___________ at that point. Find Charlie’s marginal rate of substitution at the point (10,10). Find Charlie’s marginal rate of substitution at the point (5,20). Find Charlie’s marginal rate of substitution at the point (20,5). Do the indifference curves you have drawn for Charlie exhibit diminishing  marginal rates of substitution?

Answers:

true, they are on the same red linetrue, (10,15) is on the red line while (20,5) is on the blue linetrue, they are equivalent since both are on the blue linefalse, (11,9.1) is on the blue line and (24,4) is on the red linetrue, (11,14) is on the red line while (2,29) is on the blue portionyes, it is a convex set no, they are not a convex setThe slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  RATE of SUBSTITUTION at that point. marginal rate of substitution at (10,10) = -10/10 = -1marginal rate of substitution at (5,20) = -20/5 = -4marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25

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