BUSINESS HIGH SCHOOL

Which of the following actions would improve your credit score? Which of the following actions would improve your credit score?a. Closing out old credit cards
b. Paying off your credit card bill
c. Using a large portion of your credit limit
d. Opening a new savings account

Answers

Answer 1
Answer: Answer B is correct. Paying off your credit card bill will reduce the amount of debt you have and improve your credit score. Closing old credit cards only works if they are unused. As savings accounts are not included in a credit report, opening a new savings account will not have an effect, either negative or positive, on your credit score. Using up your credit limit will have the negative effect of lowering your credit score.
Answer 2
Answer:

The correct option is b. Paying off your credit card bill.  Paying off your credit card bill will  improve our credit score.

Closing out old credit cards (a) may actually have a negative impact on your credit score as it reduces your overall credit history and can increase your credit utilization ratio.

Using a large portion of your credit limit (c) can also have a negative impact on your credit score as it increases your credit utilization ratio, which is the percentage of your available credit that you are using.

Opening a new savings account (d) does not directly impact your credit score as savings accounts are not typically reported to credit bureaus.

In summary, paying off your credit card bill (b) is the action that would improve your credit score. It helps to lower your credit utilization ratio and demonstrates responsible credit management.

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In the secondary market, stock prices areA. determined by supply and demand
B. Stable
C. easy to predict

Answers

A. determined by supply and demand

What happens in the labor market?A.)Unskilled people adopt skills for different jobs or professions.
B.)Different companies purchase capital.
C.)People who are willing and able to work offer their skills to firms for wages.
D.)People sell their produced goods and services to individual consumers.

Answers

Answer; C.
People who are willing and able to work offer their skills to firms for wages.
Explanation; 
Labor market is the supply and demand of labor in which employees provide the supply and employers the demand. 
In this market the workers find paying workers, employers find willing workers and wage rates are determined. 
The answer would be : D. People who are willing and able to work offer their skills to firms for wages

To put it simply, labor market is a  group of people that need works and available for the companies. The person with the most skills tend to be valued higher in the Labor market.

Which phrase defines a demand schedule?A.)a chart showing the impact of demographic changes on demand
B.)a table showing the quantity demanded for a good at different prices
C.)a graph tracking the increase in demand at decreasing prices
D.)a report analyzing factors causing a change in demand for goods

Answers

The correct answer is B, a table showing the quantity demanded for a good at different prices. The demand schedule shows how many people want a specific product depending on its price. For example, if a price decreases, the demand schedule will likely show an increase in quantity demanded, because more people will want something that's cheaper. It doesn't concern demographic changes on demand (which has more to do with the population than the individual), it's not a graph (but instead a table), and it's not an analytical report that shows why a change in goods is happening (instead it just shows the change itself).
The question says, which phrase defines a demand schedule. The correct option is B. A demand schedule is a table which show the quantity of goods demanded by consumers at different price level. The quantity that will be demanded can be calculated using this table if the price level is given. The demand curve is usually drawn from the demand schedule.

Bufford Corporation had reported the following amounts at December 31, 2022: sales revenue $184,000, ending inventory $11,600, beginning inventory $17,200, purchases $60,400, purchase discounts $3,000, purchase returns and allowances $1,100, freight-in $600, and freight-out $900. Calculate the cost of goods available for sale. Select one: a. $69,400. b. $74,100. c. $56,900. d. $197,700.

Answers

Answer:

Option (b) $74,100

Explanation:

Data provided in the question:

Sales revenue = $184,000

Ending inventory = $11,600

Beginning inventory = $17,200

Purchases = $60,400

Purchase discounts = $3,000

Purchase returns and allowances = $1,100

Freight-in = $600

Freight-out = $900

Now,

Cost of goods available for sale

= Beginning inventory + Purchases + Freight-in - Purchases discounts - Purchase returns and allowances

= $17,200  + $60,400 + $600 - $3,000 - $1,100

= $74,100

Hence,

Option (b) $74,100

Morgan is going to give a presentation on how to prepare a tax return. Which of the following would constitute a suitable thesis statement for Morgan's presentation?a. Preparing a tax return is a fairly simple process, if you know what documents you need.
b. to inform the audience about how to prepare a tax return
c. an informative speech on the IRS
d. I want to convince my audience that they can prepare their own tax returns.

Answers

Answer:

The correct answer is a. Preparing a tax return is a fairly simple process, if you know what documents you need.

Explanation:

Terror should not be imposed on people, due to the complexity that in some cases merits the professional advice of an accountant. For this reason, the best thesis that Morgan can use is to make them see that the process does not really involve excessive efforts if you have all the information at hand. The basic premise in tax matters is the organization, the basic knowledge of the standard ensures important levels of trust.

Final answer:

The suitable thesis statement for Morgan's presentation on tax return preparation would be 'Preparing a tax return is a fairly simple process, if you know what documents you need', as it outlines the specific objective of the presentation.

Explanation:

In selecting a suitable thesis statement for Morgan's presentation on how to prepare a tax return, the best option would be 'a. Preparing a tax return is a fairly simple process, if you know what documents you need.' This statement clearly outlines the objective of her presentation, i.e., to simplify the process of preparing a tax return by outlining the necessary documents.

The second and fourth options convey the general intention of the speech, but they do not capture the specific angle or viewpoint on the topic that a successful thesis statement should have. The third option, 'an informative speech on the IRS', is not correctly focused on the actual topic at hand, which is the preparation of tax returns, not the Internal Revenue Service (IRS) as an entity.

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Cyberlaw consists of: a) Only state statutes.
b) Traditional legal principles that have changed because of technology.
c) Laws that are written on computers, smartphones, tablets or other technology. d) Only federal statutes

Answers

Cyberlaw consists of:

b) Traditional legal principles that have changed because of technology.

Cyberlaw consists of?

Cyberlaw is a broad term that encompasses the legal principles that apply to the use of technology, including computers, the internet, and networks.

This includes both traditional legal principles that have been adapted to the digital age, as well as new laws that have been created specifically to address cybercrimes.

For example, the law of contracts is a traditional legal principle that has been adapted to the digital age. In the past, contracts were typically formed by signing a piece of paper.

Therefore, the answer to the question is that cyberlaw consists of traditional legal principles that have changed because of technology.

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Choose C because its the area of law that deals with the internets relationship.
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