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
nevsk [136]
3 years ago
13

Which is the best option for people who need the items immediately but cannot pay cash now?

Business
2 answers:
professor190 [17]3 years ago
7 0
<h2>Answer</h2>

Buy on Credit

<h3>Explanation</h3>

When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.

CaHeK987 [17]3 years ago
5 0

choosing installment plans for both items.

You might be interested in
Natraj Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
bazaltina [42]

Answer: $41,520

Explanation;

Equivalent units of production are used when some goods have not been fully processed but costs need to be attached to them. The incomplete ones will be converted to complete goods depending on how far along the production process they are.

Equivalent units for conversion costs = Transfers out during October + Ending WIP * Percentage completion

= 37,800 + (5,700 * 60%)

= $41,520

4 0
3 years ago
A Quality Analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that
ZanzabumX [31]

On Monday and Tuesday, the process appears to be out of control.                                                                                                                                                

<u>Explanation</u>:

  • There are five days Monday, Tuesday,Wednesday, Thursday and Friday. Monday and Tuesday have weight up to 21. Wednesday weights up to 21.
  • Thursday and Friday weigh up to 20. Except for Monday and Tuesday, all the days have packaged up to the value of  21. So Monday and Tuesday are the days that appear to be out of control.
  • On checking the package for each day he came to know that Monday and Tuesday have process out of control.

       

                                                                                         

7 0
3 years ago
Langston will pay $575 to three different credit cards: Expert Card, Passport, and US Speedy. She will pay three times as much t
Gre4nikov [31]

Answer:

$75

Explanation:

Let, the payment made towards US Speedy credit card be 'U'

Therefore,

According to the question:

Payment made towards Express credit card, E = 3U

Total for the two cards = U + E

= U + 3U

= 4U

also,

Payment made towards passport credit card = 15% of 4U

= 0.15 × 4U

= 0.6U

Given: Total payment made = $575

Therefore,

E + U + 0.6 U = $575

or

3U + U + 0.6U = $575

or

4.6U = $575

or

U = $125

Hence,

Payment made towards passport credit card = 0.6U

= 0.6 × $125

= $75

6 0
3 years ago
8. Joe Davola planned to begin saving for his retirement starting next month. Joe’s plan was to invest $450 per month, starting
gayaneshka [121]
B.81.06 because joe began saving listen to began saving
4 0
3 years ago
A Lorenz curve showing perfect equality in the distribution of income:
valentinak56 [21]

Answer:

Option (C) is correct.

Explanation:

Lorenz curve is a graphical representation of percentage of total national income on the y-axis and percentage of total population. This curve shows us the degree of inequality of income distribution. It is one of the crucial measure of poverty.

In a inequality income distribution graph, there is a straight diagonal line at 45 degree angle and the Lorenz curve. The larger the difference between these two curves, the larger will be the inequality in the income distribution.

5 0
3 years ago
Other questions:
  • Lily Company was started last year when Lily borrowed $70 cash from the local bank. Lily used that $70 cash to purchase inventor
    6·1 answer
  • What is the office that handles social security and unemployment go employees in the state of Washington
    11·1 answer
  • Does anyone know how to complete the "your checking account" packet? its for an Econ Ed class.
    9·1 answer
  • what type of resolutions are acted on without debate and without requiring memebrs to tread the resolution?
    15·1 answer
  • Which of the sentences concerning the aggregate demand and aggregate supply model is correct? question 11 options: the price lev
    11·1 answer
  • Which of the following are finance careers?
    6·1 answer
  • Carlton Office Systems Inc. needs to improve overall organizational efficiency. To accomplish this, the company has implemented
    5·1 answer
  • Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 15% of any income, before deducting bonus and income ta
    14·1 answer
  • Angelo's father says he's going to "live off his Social Security" once he's ready to retire. What is Social Security, and how do
    14·1 answer
  • one of the ten principles of economics is that a country's standard of living depends on its ability to produce goods and servic
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!