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3 years ago

_____ are the cost of borrowing money.

2 answers:

8 0

Interest rate is the cost of borrowing money. when you borrow money from a bank, a certain amount of money is placed on it that you pay back in respect to how long it takes you to pay.

kogti [31]3 years ago

5 0

<u>"Interest rates"</u> are the cost of borrowing money.

An interest rate is the percent of essential charged by the moneylender for the utilization of its cash. The chief is the measure of cash loaned. Thus, banks pay you a financing cost on stores. They are obtaining that cash from you.

Anybody can lend cash and charge premium, however it's typically banks. They utilize the stores from investment funds or financial records to subsidize credits. They pay interest rates to urge individuals to make deposits.

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A parents' group in a small town formed an unincorporated association to run a little league soccer team. Alex was elected presi

Keith_Richards [23]

Answer:

The only person liable for the goods purchased is Alex because he was the person that made the purchases.

Explanation:

Alex is to be held liable because he was authorized to make the purchase. A single member of an unincorporated association is liable for the debts of the organization if they are given authorization to execute a specific act which is seen in this case here.

6 0

3 years ago

HELP! 20 POINTS!!!

Bingel [31]

The answer is D.)She would likely have to pay more than $55 at the time of purchase for the convenience of using her credit card.

There are always fees for using any type of credit card. Interests or not, you pay fees for the government. Lynn can pay even more if she doesn't pay the balance by the end of the month. Every time she uses the credit card, her balance fees rises. By the time she gets enough money to pay of the balance, her balance will be much bigger.

Hope this helps!!!

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8 0

3 years ago

Read 2 more answers

Career readiness represents the extent to which you possess the ________ desired by employers.

ollegr [7]

Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.

<h3>What is Career readiness?</h3>

Career readiness can be defined as the way in which a person acquire or possess the necessary skills, knowledge that an employer desires an employee to posses.

Career readiness is essential for someone that want to build their career or the person that want to reach the highest peak of their career as this enable them to prepare ahead.

Therefore Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.

Learn more about Career readiness here:brainly.com/question/27841409

brainly.com/question/3299764

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8 0

2 years ago

Professional skepticism related to detecting possible fraud involves the validation of information through probing questions. cr

Gnom [1K]

Answer:

True

Explanation:

Professional skepticism is an examining mindset which makes you conscious of the situations that may suggest possible error or scam as well as a critical evaluation of audit facts.

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3 years ago

Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's cash flow from operating activities for 201

Helen [10]

The firm's cash flow from operating activities for 2012 was D. $618000.

<h3>What Is the Definition of Cash Flow From Operating Activities (CFO)?</h3>

The cash flow from operating activities formula shows you whether or not your core business activities are successful. If your company generates a positive cash flow from operations, you may be able to fund expansion projects, launch new products, pay dividends, reduce debt, and so on.

The amount of money a company earns from ongoing, regular business activities such as manufacturing and selling goods or providing a service to customers is referred to as cash flow from operating activities (CFO).

It should be noted that the cash flow from operating activities is calculated thus:

= Operating Income + Depreciation – Taxes + Change in Working Capital

= $500000 + $140000 - $50000 + $28000

= $618000.

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Flathead Lake Manufacturing Company has the following in it's financial statement:

Operating Income = $500000 Depreciation = $140000

Taxes = $50000

Change in Working Capital = $28000

The firm's cash flow from operating activities for 2012 was _______. $749,000$719,000$744,000$618,000

7 0

1 year ago