The first journal entry records the initial investment in Plummer, with Bennett's share of ownership at 30%. The second entry records Bennett's share of Plummer's income, with the credit to the equity in earnings of Plummer account.
The final entry records the payment of dividends by Plummer, with the debit to cash and credit to the investment in Plummer account.
Assuming that Bennett used the equity method to account for the investment in Plummer, the following journal entries would be recorded:
At the time of investment:
Debit Investment in Plummer - 30% share: $X
Credit Cash: $X
For the share of Plummer's income:
Debit Investment in Plummer - share of income: $16,200 ($54,000 x 30%)
Credit Equity in earnings of Plummer: $16,200
At year-end when dividends are declared:
Debit Cash: $X
Credit Investment in Plummer - share of dividends: $Y (Bennett's share of dividends based on 30% ownership
Using the equity method, Bennett recognizes its share of Plummer's income as it is earned, rather than waiting until dividends are declared. This method allows Bennett to have a more accurate representation of its investment in Plummer and reflects the economic reality of the investment.
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Jerod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his co-workers and supervisor. He agrees with the supervisor’s opinion most of the time and is always doing nice things for him. Jerod makes sure that he associates with the ‘right’ people and is constantly complimenting others about their good work.
When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in which of the following impression management techniques?
A. apologies
B. excuses
C. acclaiming
D. conformity
E. choose one
When Jerod agrees with the supervisor’s opinion most of the time to make a good impression, he is engaging in conformity. Option D. conformity is the correct option of the given statement.
How do we define conformity?Conformity is the process through which individuals modify their attitudes, behaviors, perceptions, and/or beliefs in order to more closely align with the beliefs held by the groups to which they aspire to belong, already do, or who they seek the approval of.
Is conformity a good or bad thing?There is no inherent good or bad in conformity. Conformity may be viewed negatively when it results from fear, a desire to maintain one's social standing, or when it leads to harmful outcomes.
How does conformity impact actions?Peer pressure may cause someone to engage in unsafe or unlawful activity, such underage drinking. Alternatively, conformity could result in the bystander effect, whereby following the crowd results in failing to help those in need. Your openness to novel concepts or arguments may be constrained by a desire to fit in.
What aspects impact conformity?Group size: Larger groups have a higher propensity to adopt comparable attitudes and actions than smaller ones. Individuals are more inclined to comply with collective decisions when everyone in the group responds in unison. Status: People are more prone to follow the traditions of high-status groups.
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The city of twizzle issues $1,000,000 face value of general obligation bonds for $1,100,000. The bonds will be used for the construction of new city streets. What journal entry should the city make in its capital projects fund to record the issuance of these bonds
The journal entry is :
Cash A/C 9,800,000
To Other Financing Use- bond issue discount A/C 200,000
To Other financing source- long term debt issued A/C 10,000,000
What is meant by journal entry?Journal entries serve as the official record of all business activities. In the broadest sense, a transaction is any financial activity that affects the firm. They include all financial exchange-related transactions, such as interest payments, depreciation, costs, and payroll. They extend beyond merely buying and selling products and services.
Transactions are recorded in a supplementary book of accounts called the journal. A ledger is a main book of accounts used to organize the transactions entered in a journal. Order. Due to the fact that it is the first place where transactions are recorded, it is also known as the book of original entry. The general ledger, which is then used to produce the financial statements of a business, is created using the entries in an accounting journal.
Given,
long term debt = 1000000
bond issue discount = 200000
1000000-200000
= 9800000
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Which best describes how specialized producers decrease their opportunity costs?
Oby reducing production costs
O by focusing on target markets
O by increasing production of certain items
Oby limiting the types of goods produced
The specialized producers decrease their opportunity costs by limiting the types of goods produced. Thus the correct option is last.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
It's crucial to keep in mind that a supplier with a competitive edge can provide a good or service for less money than a rival supplier. By limiting teh goods producers can decrease the opportunity Cost.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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You are asked to give a presentation for a local university business class. What should you focus on first when preparing for your oral presentation
When giving an oral presentation, the focus of the presentation should be on:
An oral presentation is a speech being delivered in person to an audience verbally and in person.
As indicated above, the key components of the oral presentation are:
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Required information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 540 sun visors in May and 420 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 55 units. Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 eoch. Shadee wants to have 31 closures on hand on May 1,21 closures on May 31 , and 22 closures on June 30 . Additionally. Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.00 per unit. produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shodee's budget manufacturing overheod for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted cost of closures purchased for May and une. (Round your answers to 2 decimal places.)
Shadee needs to produce 72 more sun visors in May to carry over to June.
Shadee's budgeted cost of closures (overhead) for May and June is $1,825.00 and $1,598.00, respectively.
Budgeted cost of closures purchased for May and June:
Shadee Corp. requires a total of $4.00 in direct materials, which includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each.
The given information required to calculate the budgeted cost of closures purchased for May and June are as follows:
31 closures on hand on May 1
21 closures on May 31
22 closures on June 30
Total number of closures Shadee requires in May = 540 units × 1 closure per unit = 540 closures + 31 on hand May 1 − 22 on hand May 31 = 549 closures
Total number of closures Shadee requires in June = 420 units × 1 closure per unit + 22 on hand June 30 = 442 closures
Total number of closures Shadee requires to purchase in May = 549 − 85 beginning inventory = 464 closures
Total number of closures Shadee requires to purchase in June = 442 − 50 beginning inventory − 464 closures used in May = −72 closures
The negative result obtained is not possible. Therefore, Shadee needs to produce 72 more sun visors in May to carry over to June.
The cost of closures purchased for May and June is calculated as follows:
Cost of closures purchased in May = $1.50 per closure × 464 closures = $696.00
Cost of closures purchased in June = $1.50 per closure × 72 closures = $108.00
Note that Shadee will have a closing balance of 22 closures on June 30. Therefore, it does not need to buy any more closures in June.
Budget manufacturing overhead for May and June:
Shadee Corp.'s fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.00 per unit produced.
Total variable manufacturing overhead for May = Total units produced in May × Variable manufacturing overhead per unit
= (540 sun visors + 85 beginning inventory) × $1.00 per unit
= 625 units × $1.00 per unit
= $625.00
Total manufacturing overhead for May = Total fixed overhead + Total variable overhead
= $1,200.00 + $625.00
= $1,825.00
Similarly,
Total variable manufacturing overhead for June = Total units produced in June × Variable manufacturing overhead per unit
= (420 sun visors + 50 beginning inventory − 72 carried forward from May) × $1.00 per unit
= 398 units × $1.00 per unit
= $398.00
Total manufacturing overhead for June = Total fixed overhead + Total variable overhead
= $1,200.00 + $398.00
= $1,598.00
Therefore, the budgeted manufacturing overhead for May and June is $1,825.00 and $1,598.00, respectively.
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A team of eye surgeons has developed a new technique for a risky eye operation to restore the sight of people blinded from certain disease. Under the old method, it is known that only 30 % of the patients who undergo this operation recover their eyesight. Suppose that surgeons in various hospitals have performed a total of 225 operations using the new method and that 88 have been successful (the patients fully recovered their sight). Can we justify the claim that the new method is as good as the old one? (Use a 5% level of significance).
The statistical analysis suggests that the new method for the eye operation does not show a similar success rate as the old method, based on the given data.
In order to determine if the new-method is as good as the old one, a statistical analysis is conducted. The success rate of the old method is known to be 30%, while the new method has been used in 225 operations with 88 successful outcomes.
To assess the significance, a hypothesis test is performed at a 5% significance-level. By comparing the observed success rate of the new method to the expected success rate of the old method, it can be concluded that the new method yields a significantly different success rate.
Therefore, the claim that the new method is as good as the old one cannot be justified based on the given data.
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Programs where current employees can recommend candidates for employment are called?
Programs where current employees can recommend candidates for employment are commonly referred to as employee referral programs.
Employee referral programs are initiatives implemented by companies to encourage their current employees to recommend potential candidates for job openings within the organization. These programs typically offer incentives or rewards to employees who successfully refer individuals who are eventually hired. Employee referrals are considered valuable because they often result in high-quality candidates who are a good fit for the company culture and have been vouched for by trusted employees. By leveraging the networks and knowledge of their existing workforce, companies can tap into a broader pool of talent and increase the likelihood of finding suitable candidates for their vacancies.
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The following table shows the demand, supply, and price of tulips in the Netherlands. If the world price of tulips is $4 and there are no trade restrictions, the Netherlands will:
Domestic Supply and Demand for Tulips in the Netherlands Demand Demand Supply Supply
Q P($) Q P($)
12,000 0 6,000 0
10,000 1 7,000 1
8,000 2 8,000 2
6,000 3 9,000 3
4,000 4 10,000 4
a. produce 10,000, consume 4,000, and import 6,000 tulips.
b. produce 10,000, consume 4,000, and export 6,000 tulips.
c. produce 4,000, consume 10,000, and import 6,000 tulips.
d. produce 9,000, consume 6,000, and export 6,000 tulips.
e. import all of the tulips that it consumes.
The option B: the Netherlands will produce 10,000, consume 4,000, and export 6,000 tulips.
According to the table, when the price of tulips is $4, the domestic supply in the Netherlands is 10,000 and the domestic demand is 4,000. This means that the Netherlands will produce 10,000 tulips to meet its domestic demand and have an excess of 6,000 tulips.
Since there are no trade restrictions and the world price of tulips is also $4, the Netherlands will export its excess supply of 6,000 tulips to other countries. This will increase the Netherlands' overall economic welfare as it can sell its tulips at the world price and earn more revenue.
Step 1: Find the domestic equilibrium point. In this case, the equilibrium point is at a price of $2, with a quantity of 8,000 tulips (where demand and supply meet).
Step 2: Compare the world price ($4) to the domestic equilibrium price ($2). The world price is higher, meaning there is an opportunity for the Netherlands to sell tulips internationally at a better price.
Step 3: Find the domestic quantity supplied and demanded at the world price. At the world price of $4, the domestic demand is for 4,000 tulips, and the domestic supply is 10,000 tulips.
Step 4: Calculate the difference between the quantity supplied and demanded at the world price. The difference is 10,000 - 4,000 = 6,000 tulips, which will be exported.
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Business is a social process . Discuss
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
Gordon ramsay made his tv debut on which competitive cooking show?.
Observing "with binoculars" involves,
Multiple Choice
A. overcoming bias by looking at alternate perspectives.
B. stepping back from a situation.
C. being mindful when observing.
D. looking at a situation in an unrealistically favorable light.
Observing "with binoculars" involves being mindful when observing. The Option C is correct.
What does Binoculars mean?A binoculars means a two refracting telescopes mounted side-by-side and aligned to point in the same direction, allowing the viewer to use both eyes when viewing distant objects. Most are sized to be held using both hands although sizes vary widely from opera glasses to large pedestal-mounted military models.
When the phrase "observing "with binoculars" is used, we are saying a sitiation involves being mindful when observing.
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how should i strike up a conversation with a girl i like
Answer: You gotta start of slow by starting a convo with her
Explanation:
which of the following is a workplace trend?
A - decreased outsourcing
B - decreased attention to diversity
C- increased use of manual labor
D - increased technology literacy
Answer:
increased use of manual labor
Explanation:
Advancement in technology has resulted in machines taking over manual jobs. A few decades ago, manual work was done by human beings exclusively. Industries hired many laborers to assist in many aspects of the business. Today, machines and robots are deployed in different sectors of the economy.
The current trend is the workplace is the use of modern technology. Computers, machines, and robots are gradually replacing people, mostly unskilled and manual laborers.
The oscillating movement of demand that occurs periodically over the short-run and is repetitive is called a seasonal pattern.
Select one:
True
False
The statement "The oscillating movement of demand that occurs periodically over the short-run and is repetitive is called a seasonal pattern" is True. Seasonal patterns refer to fluctuations in demand that occur regularly and predictably over short periods, often in relation to seasonal events or changes.
These patterns often correspond to recurring events, holidays, weather conditions, or other factors that influence consumer behavior. For example, the demand for certain products like ice cream or swimwear tends to increase during the summer months and decrease during the winter months.
Recognizing and understanding seasonal patterns is essential for businesses to effectively plan production, inventory management, pricing strategies, and promotional activities. By aligning their operations with these patterns, businesses can optimize their performance and meet customer demand during peak seasons.
Therefore, the statement that the oscillating movement of demand that occurs periodically over the short-run and is repetitive is called a seasonal pattern is true.
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If the Federal Reserve wants to lower the interest rate to 4 percent, it must _____ the money supply to _____.
If the Federal Reserve wants to lower the interest rate to 4 percent, it must increase the money supply to lower interest rates.
Why the federal reserve wants to prevent a recession?If the federal reserve wants to prevent a recession which means an economic condition when GDP falls or economy faces a low or negative economic growth.
Thus, first of all aggregate demand should increased to boost up the economy and money supply should increase to lower the interest rate then business will take more loans at lower rate and invest more in production to meet up the aggregate demand and increasing employment opportunities.
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At the yearly annual investment
meeting, asset allocation across all classes is reviewed and
revised. Currently, the size of the fund is £500m and fund’s
allocation is as follows:
10% forex (US and
During the annual investment meeting, the asset allocation of a £500m fund is reviewed and revised. The current allocation includes 10% in forex (US and Japanese yen), 30% in stocks, 50% in bonds, and 10% in cash.
The annual investment meeting provides an opportunity to evaluate and adjust the asset allocation of the fund. Asset allocation refers to the distribution of investments across different asset classes such as forex, stocks, bonds, and cash.
In the given scenario, the current allocation of the £500m fund is as follows:
- 10% in forex (US and Japanese yen): This suggests that a portion of the fund's investments is in currency markets, specifically in US dollars and Japanese yen.
- 30% in stocks: This indicates that a significant portion of the fund is invested in stocks, which represents ownership in publicly traded companies.
- 50% in bonds: This suggests that a majority of the fund is allocated to fixed-income securities, such as government or corporate bonds, which offer regular interest payments.
- 10% in cash: This implies that a portion of the fund is held in cash or cash equivalents, providing liquidity and flexibility.
During the meeting, the asset allocation is reviewed to assess whether it aligns with the fund's investment objectives, risk tolerance, and market conditions. The fund managers may consider factors such as market trends, economic outlook, and risk-return expectations to make adjustments. The purpose is to optimize the allocation to potentially maximize returns while managing risk. By regularly reviewing and revising the asset allocation, the fund aims to maintain a diversified portfolio that can withstand market fluctuations and achieve long-term investment goals.
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Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:
a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?
The following would happen
Aggregate income would increase for households. They would have a rise in output. taxes on households are decreasedWhen the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
taxes paid by firms are decreasedThe cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
the value of the national currency, the snezhankan lev, declines in the international currency market?If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
a revolutionary new machine, the apparat, increases worker productivityAn increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
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PLS THIS IS FOR ECONOMICS!
I WILL MARK BRAINLIEST!
A corporation is looking to take advantage of market conditions and begin expanding as soon as possible. To do so, the company
requires cash to purchase new buildings, machinery, and other capital goods. What should the directors keep in mind as they consider
the type of funding to pursue? (1 point)
OInvolving a financial intermediary will likely make borrowing more expensive.
O Financial intermediaries will likely offer disappointingly low interest rates.
O Wild swings in prices on the primary market make indirect financing more risky.
OThe amount of possible funding from a financial intermediary is likely limited,
under equity funding, there are three types of funding which are Venture Capital funds, Private Equity funds, and Angel Investors. While looking for the right types of funding and investors, the company should raise funds from firms that have both the extensive network and subject matter expertise in the industry.
Explanation:
"free enterprise" and "________________" are terms for an economy based on private businesses competing for profits in open markets with minimal government regulations.
Answer:
entrepreneurship for them and
A small-business owner wants to drive as many potential customers as possible to their website. The budget for their campaign is only $500 per month. Which type of automated bidding strategy best aligns to the owner's campaign goal
The maximize click bidding strategy is one of the types of automated bidding strategy which best aligns with the set goal of $500 for a small owner.
What is the maximize click bidding strategy?
The maximize click bidding strategy is a kind of bidding strategy where the bid is automatically set to have the maximum number of clicks within the owner's budget.
The small owner should use the maximize click bidding strategy if he/she wants to attract more potential customers to their online website within the set budget of $500 on monthly basis. This strategy creates a number of clicks for the small owner as per the set amount of budget.
Hence, the maximize click bidding strategy is used by the small owner to achieve its goal within a fixed amount of budget of $500.
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What are two methods for calculating elasticity of demand?
The two methods for calculating the elasticity of demand are "the point-price elasticity of demand" and "the arc elasticity of demand".
Point-price elasticity of demand is a measure of the responsiveness of demand to changes in the price of a particular product. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price.
Arc elasticity of demand is a measure of the responsiveness of demand to changes in the prices of two or more products. It is calculated by dividing the percentage change in the total quantity demanded of all products by the percentage change in the average price of all products.
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Job enlargement involves giving additional responsibilities, whereas job enrichment refers to __________.
Job enlargement involves giving a employee a large element of a complete task via horizontal loading. The additional work is on the equal talent level and duty of the authentic job.
Job enrichment involves an increase in the degree of duty for planning and coordination via vertical loading.
What is the distinction between job expansion and enrichment?The distinction between job enrichment and job expansion is first-class and quantity. Job enrichment capability improvement, or an expand with the help of upgrading and development, whereas job expansion potential to add extra duties, and an improved workload.
What is horizontal growth of job?Job enlargement entails combining more than a few activities at the equal level in the enterprise and adding them to the existing job. It is additionally referred to as the horizontal growth of job activities.
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A. Develop computer software
B. Teach children in schools
C. Work on assembly lines
D. Serve in the military
Answer:
A. develop computer software
what is the primary business advantage of using email? group of answer choices increasing the speed of order entry. increasing the number of computers required in an office. providing the ability to inform and communicate with many people simultaneously, immediately, and with ease. providing the ability to have friends all over the globe.
Providing the ability to inform and communicate with many people simultaneously, immediately, and with ease is the primary business advantage of using email.
What is the primary benefit of emailing?
One of the key benefits of email is that you can send electronic things, like text documents, pictures, and data sheets, quickly and conveniently to several people at once by attaching the file to an email. Ascertain whether there is a size restriction on the email attachments you can send by contacting your internet service provider.
One of the key benefits of email is that you can send electronic things, like text documents, pictures, and data sheets, quickly and conveniently to several people at once by attaching the file to an email. Ascertain whether there is a size restriction on the email attachments you can send by contacting your internet service provider.
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The three-step process to determine cash provided or used by financing activities includes all of the following steps except: Multiple choice question. determine the cash effects using reconstruction analysis. identify changes in financing-related accounts. report their cash flow effects. identify an increase or decrease in cash.
In a cash flow, there are some steps taken for easy transaction. The three-stage process to determine cash provided or used by financing activities includes all of the following steps except to identify an increase or decrease in cash.
Transactions are grouped into the three types of activities in the statement of cash flows. they are operating, investing, and financing.
The three-step analysis to determine cash provided or used by investing activities includes:
To reporting the cash flow effects To identify changes in investing-related accounts To explain the changes using T-accounts and reconstructed entriesThe cash flow types is often used by companies to track and analyze to know the liquidity and solvency of the business.
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Answer: identify an increase or decrease in cash.
Explanation:
It is January 9, 2018. The price of a Treasury bond with a 6% coupon that matures on October 12, 2030, is quoted as 102-07. What is the cash price
The cash price of a Treasury bond with a 6% coupon that matures on October 12, 2030, quoted as 102-07 on January 9, 2018, can be calculated by first converting the quoted price into a decimal by dividing the points by 32 and adding it to the whole number. In this case, the decimal price would be 102.21875.
Then, the cash price can be calculated by multiplying the decimal price by the face value of the bond, which is typically $1,000. So, the cash price of the bond would be $1,022.19. This represents the amount an investor would need to pay to purchase the bond at the quoted price.
to find the cash price of the Treasury bond with a 6% coupon maturing on October 12, 2030, and quoted as 102-07 on January 9, 2018, follow these steps:
1. Convert the bond quote (102-07) to a decimal: The quoted price is 102 and 7/32, so 102 + (7/32) = 102.21875.
2. Multiply the converted quote by the face value: Treasury bonds typically have a face value of $1,000, so 102.21875 * $1,000 = $102,218.75.
3. Divide the cash price by 100 words: To provide the answer in 100 words, divide the cash price by 100: $102,218.75 / 100 = $1,022.19.
The cash price of the Treasury bond is approximately $1,022.19 per 100 words.
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If a corporation issues shares of par value common stock for , the journal entry would include a credit to.
The journal entry would include a credit to option C. Common Stock for $4,860 if a company issued shares of par value common stock.
Par value of common stock = number of shares x par value
= 2700 x 1.80
= 4860
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
Companies issue common stock to attract capital from investors who frequently make investments. Companies use this money to further develop and expand their enterprises.
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what are some choices you have made/could make that would influence your future choices and options?
i rly need someone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).
Answer:
I would have good company.
I would ensure that I have good communication skills.
I would have a mentor in my choice of career/study or life in general.
I would have a personal relationship with God.
Explanation:
In order for me to influence my future choices positively,I have to uphold certain principles or values like honesty,open mindedness and tolerance so as to achieve my goals.
All of the following actions lead to the payment of a credit card fee EXCEPT... Using your credit card to get cash from an ATM. Using your credit card to purchase items in a foreign country. Paying your credit card bill ten days after the Due Date. Paying your credit card bill in full and on time every month.
Answer:
Paying your credit card bill in full and on time every month.
Explanation:
The other choices will most likely prompt a fee to be charged.