Which of the following use a computer chip that sends a radio-frequency signal when an individual is making a retail purchase?
A) Smart cards
B) Blink cards
C) Debit cards
D) E-commerce cards
E) Credit cards
Answer: B
Explanation: B) Blink technology uses a computer chip that sends radio-frequency signals in place of the magnetic strips that have been embedded in credit cards for the past 30 years. The contactless payment system lets consumers wave the card in front of a merchant's terminal at a gas pump or in a department store without waiting to swipe and sign.
You might also like to view...
The ____________________ is a written document containing the various provisions for operating a partnership
Fill in the blank(s) with correct word
A powerful brand is more price elastic than a weak brand in the same product category
Indicate whether the statement is true or false
Which of the following is true of police power?
A) It emphasizes maintaining order and is usually found in communities with a declining industrial base. B) It is typically used only in cases where the law has been violated and in which a suspect must be identified and apprehended. C) It refers to the residual powers retained by the state to enact legislation to safeguard the health and welfare of its citizenry. D) It refers to the warning given by police to criminal suspects in custody to preserve the admissibility of their statements in criminal proceedings.
Karaoke Records Company uses the indirect method to prepare its statement of cash flows
Refer to the following sections of the comparative balance sheet: Karaoke Records Company Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Accounts Payable $ 6,000 $ 9,000 $(3,000 ) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 126,000 135,000 (9,000 ) Total Liabilities $ 135,000 $ 145,500 $(10,500 ) Common Stock 45,000 3,000 42,000 Retained Earnings 169,500 111,000 58,500 Treasury Stock (12,000 ) (7,500 ) (4,500 ) Total Equity 202,500 106,500 96,000 Total Liabilities and Stockholders' Equity $337,500 $252,000 $85,500 Additional information for 2017: • No stock was retired. • No treasury stock was sold. • The company repaid $60,000 of long-term notes payable. • The company borrowed $51,000 on a new long-term note payable. • Net income for the year was $68,000. Prepare the financing section of the statement of cash flows for the year ended December 31, 2017. What will be an ideal response