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vagabundo [1.1K]
2 years ago
6

Kim’s flowers decided to borrow $26,000 from the bank and use the proceeds to purchase a new delivery vehicle. How should they c

ategorize these business activities?.
Business
1 answer:
Neko [114]2 years ago
8 0

Based on the fact that Kim's flowers borrowed the money and used it to buy a new delivery vehicle, this business activity should be categorized as both a financing activity and an investing activity.

<h3>What should they classify this business activity as?</h3>

Because Kim's Flowers got the money as a loan, it would be recorded as an inflow for financial activities.

They then used it to purchase a delivery vehicle which is an investment and a capital asset so this will count as an investment activity.

Find out more on classifying business activities at brainly.com/question/14790406

#SPJ1

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A store will give you a 2.25% discount on the cost of your purchase if you pay cash today. Otherwise, you will be billed the ful
OleMash [197]

The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;

([(200/195.5)(12)] - 1) at 100% equals 31.4%.

To learn more about the Implicit Borrowing rate please visit -
brainly.com/question/18596505
#SPJ4

5 0
2 years ago
Your client, Alex, has only two assets in his portfolio: assets A and B. Asset A had a standard deviation of 40%, and Asset B ha
KATRIN_1 [288]

Answer:

Standard deviation of the portfolio = 70.71%

Explanation:

σP =√(w²A *σ²A) + (w²B*σ²B) +2 (wA*wB*correl. AB)

w = weight of..

Given that;

wA = 50% or 0.5 as a decimal

wB = 50% or 0.5

σA = 40% or 0.4

σB = 20% or 0.2

correl. = correlation = 0.90

σP = √(0.5² * 0.4² ) + (0.5² * 0.2² ) +(2*0.5*0.5*0.90)

σP = √ (0.04 + 0.01 + 0.45

= √0.5

= 0.7071

Standard deviation of the portfolio = 70.71%

3 0
3 years ago
Bethnik Blu, a high-quality paints manufacturer, markets its paints as eco-friendly products that contain no traces of harmful p
slava [35]

Answer: Green-washing

Explanation:    

 The green-washing is one of the process in which the company or any organization are misguiding  the data or information about their products and the services that they are more environment friendly.

 The green washing concept also creating the false belief in which they deceptive the claim that the company are providing the various types of technology and products which are beneficial for the environment.  

According to the given question, the Bethnik Blue is one of the high quality manufacturer company that implementing the green washing concept for selling their products and the services in the market.    

 Therefore, Green washing is the correct answer.

7 0
3 years ago
You need $25,000 today and have decided to take out a loan at 7 percent for five years. Which one of the following loans would b
irina1246 [14]

Answer:

Amortize loan woul´d be the best loan

Explanation:

Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.

This one is a scheduled periodic payments that are applied to both principal and interests.  This one first pays off the relevant interests expense for the period, and then the payment reduces the principal

4 0
3 years ago
Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been coll
Iteru [2.4K]

Answer and Explanation:

The computation is shown below:

1. The standard direct labor hours per brake repairs are shown below:

Actual time spent               5  hours

Setup and downtime (5 hours × 11%) 0.55

Cleanup and rest periods (5 hours × 27%) 1.35

Standard direct labor hours per brake repair 6.9

2. For standard direct labor hourly rate

Wage rate per hour $10

Payroll Taxes ($10 × 10%) $1

Fringe Benefits ($10 × 25%) $2.5

Standard direct labor hourly rate $13.5

3. For the standard direct labor cost per brake repair

= 6.9 hours × $13.5

= $93.50

5 0
3 years ago
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