Which statement is true of both debit AND credit cards? 1.Both can trap you in an endless cycle of debt if you’re not careful
2.Both allow you to make purchases in a store or online
3.Both typically have interest rates between 10-30%
4. Both require you to pay a minimum monthly payment when your bill arrives

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.