B Is the same thing as making a late credit card payment
C Will have a negative effect on your credit score
D Will cause your credit card to be cancelled
The correct option 'Making a credit card minimum payment' A Means you are paying a small portion of your total credit card debt.
Making a credit card minimum payment means that you are paying the minimum amount required by your credit card issuer each month. This amount is typically a small percentage of your total credit card debt, usually around 2-3%. It is important to note that making only the minimum payment will result in carrying a balance and incurring interest charges on the remaining debt. It is always recommended to pay more than the minimum to reduce your overall debt and avoid excessive interest charges.
Making a credit card minimum payment is not the same as making a late credit card payment. A late payment occurs when you fail to make the minimum payment by the due date, which can result in late fees and potentially negative effects on your credit score.
While making only the minimum payment may not have a positive impact on your credit score, it typically does not have a significant negative effect either. However, consistently making only minimum payments and carrying a high balance can be seen as a sign of financial stress and may eventually have a negative impact on your creditworthiness.
Making the minimum payment will not cause your credit card to be canceled. However, consistently missing payments or defaulting on your credit card can lead to your credit card being canceled by the issuer.
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Answer:
- $651,234.54
Explanation:
Data provided in the question:
Cost of remodeling = $3.4 million = $3,400,000
Rent paid each year = $820,000
Duration, n = 5 years
Discount rate, r = 15% = 0.15
Now,
Present value of the amount rent paid each year = A ×
Here,
A = Rent paid each year
Thus,
Present value of the amount rent paid each year
= $820,000 ×
= $820,000 × 3.352153
= $2,748,765.46
Therefore,
Benefit = Present value of the amount rent paid - Cost of remodeling
= $2,748,765.46 - $3,400,000
= - $651,234.54
The statement "Accrued liabilities are obligations for which there is no
external transaction" is FALSE because accrued liabilities are obligations that a company has incurred but has not yet paid for or recorded.
Accrued liabilities, also known as accrued expenses, represent a company's financial obligations that have been incurred but not yet recorded in its financial statements or paid.
They are a result of the accrual accounting method, which requires revenues and expenses to be recognized when they are earned or incurred, rather than when cash is received or paid.
These liabilities typically represent expenses that have been incurred but not yet invoiced or paid, such as wages, interest, or taxes. Although there may not be an external transaction that has occurred (like receiving an invoice), accrued liabilities still represent real obligations that the company is responsible for paying.
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Answer:
Option C. working harder and longer, feeling more insecure
Explanation:
The reason is that the increase in automation has resulted in increase in unemployment and the result is that their is huge decrease in the jobs and the jobs that were previously unfilled are now filled due to increase in unemployment. Furthermore, this lead to increased bargaining power of the company position against the job seeker. This resulted in decrease in the wages of the employees as well.
All of the above issues resulted in increased hardwork desires of companies and insecurity of the people of America.
B. Two-car length rule
C. Two-second rule
D. Both A and C