1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MatroZZZ [7]
1 year ago
15

____________ is when suppliers allow a business to take possession of needed goods and pay for them at a later date or in instal

lments. Group of answer choices Collateral A mortgage Trade credit Bartering
Business
1 answer:
lys-0071 [83]1 year ago
5 0

Trade credit

Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.

<h3>What is the meaning of trade credit?</h3>

A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.

Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.

Learn more about trade credit here:

brainly.com/question/4503841

#SPJ4

You might be interested in
Alicia deposited $400 in the bank. The bank paid her simple interest at the rate of 5 percent per year. How much money will she
algol13

Using simple interest, she will have $410 at the end of six months.

Principle = $400

Rate = 5%

Time equals 6 months, or 0.5 years.

Simple interest is equal to PRT/100.

S.I. = 400*5*(1/2)/100

S.I. = 10

Consequently, $400 plus $10 equals $410.

<h3>What is simple interest?</h3>

To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.

A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.

Learn more about simple interests, from:

brainly.com/question/25845758

#SPJ1

6 0
8 months ago
What did business leaders promise hoover they would do to help the economy?
densk [106]
What business leaders promised Hoover they would do to help the economy is to <span>keep factories open and stop slashing wages. However, they did not keep their promise, to nobody's surprise. </span>
5 0
3 years ago
Which of the following equations describes customer value?
Vlad1618 [11]

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

4 0
3 years ago
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
AysviL [449]

Answer: d. Unity of direction

Explanation:

The principle of Unity of Direction is one of the 14 principles of Fayol in relation to administration. Summarised into one phrase, the principle would mean,<em> One Head One Plan</em>.

This is because the principle believes that when in a company, different departments aim to achieve distinct goals, the departments should have a sole leader and a sole plan for the goals that should be accomplished so that there is no confusion.

This is why the Akika Corporation wants to create independent domains that reflect the actions they perform and will have the distinct roles needed to help them perform the actions efficiently.

6 0
3 years ago
Conversion and direct materials are generally both added at the end of the production process. true or false
dlinn [17]
This statement is false.
Conversion and direct materials are generally both not added at the end of the production process. As a matter of fact, they are either added at the beginning, or in the middle of the process, but definitely not at the end because then it would be too late.
6 0
2 years ago
Other questions:
  • The $787 billion stimulus package passed in the united states in 2009 focused more on spending than on taxes partly because
    7·1 answer
  • If a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, this would be an e
    7·1 answer
  • 1. What is the term used to describe a check that has been outstanding for more than six months? (1 point)
    5·1 answer
  • Compared with lowest-cost strategies, successful attainment of differentiation strategies depends on ________.
    14·1 answer
  • Melinda's job consists of greeting visitors at the front desk of an architectural firm. Sometimes she finds herself with little
    12·2 answers
  • Internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engine
    7·1 answer
  • Canned food available for sale at grocery stores have been subjected to a commercial canning process. If you bought a can of pea
    12·1 answer
  • Zephyr Inc., a manufacturer of electronics products, is planning to release a new product into the market. They are hoping to ta
    11·1 answer
  • After the stomach food passes through
    14·1 answer
  • A ___________ is who a creditor may turn the account over to after exhausting its efforts to get a consumer to make past-due pay
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!