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3 years ago

Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she

Business

2 answers:

ValentinkaMS [17]3 years ago

7 0

The answer is B 3,100.00

nika2105 [10]3 years ago

5 0

Answer:

Explanation:

1100-200

4000-900

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The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p

Andrews [41]

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

4 0

3 years ago

There are three individual firms in happy Valley the government wants to reduce pollution and 90 units so it gives each firm 30

nadezda [96]

Because firm (A,B, C) has the highest cost of reducing pollution by 1 unit, it would like to (sell 30 permits to, buy 30 permits from) another firm.

7 0

2 years ago

Rachel Robinson owns a small retail store in Cairo, Georgia. The following summary information regarding expectations for the mo

Andrei [34K]

Answer:

Check the explanation

Explanation:

January

Beginning Cash Balance $1,000

Add: Collection:

December Sale ($5,000*10%) $500

January Cash Sale $6,000

January Credit Sale ($4,000*90%) $3,600

Total Cash Available a $11,100

Cash payment to suppliers b $24,000

Cash deficit before financing a-b $-12,900

Add: Borrowing (Using permutation-comb.) $14,040

Less: Interest Payment $-140

$14,040*12%*1/12

Ending Cash Balance $1,000

3 0

3 years ago

Which scenario BEST represents monopolistic competition?

ruslelena [56]

<span>A company wins a contract to be the sole provider of phone and cable television service for a city.</span>

4 0

3 years ago

Read 2 more answers

Assume you borrowed $100,000 at a fixed rate of 7 percent for 30 years to purchase a house. If the inflation rate is 3 percent,

nikitadnepr [17]

Answer:

(A) less

Explanation:

Given a positive inflation rate, the real value of the dollar will depreciate by the rate of inflation annually.

Thus, for a house that cost $100,000 today, given a 3% inflation rate, it would cost (100,000 * 1.03 = ) $103,000 after a year.

This means, $100,000 today will have the same value as $103,000 one year later.

Therefore, repayments, which will likely be a fixed sum every year, will have a lower purchasing power as the year progresses.

6 0

3 years ago