3 years ago

What are two kinds of open-ended credit?

Business

1 answer:

STALIN [3.7K]3 years ago

3 0

Answer:

good credit bad ccredit

Explanation:

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kati45 [8]

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Consumer Bill of Rights

Explanation:

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3 years ago

Gouda Company and Cheddar Company had the same sales, total costs, and income from operations for the current fiscal year; yet G

Sedaia [141]

Answer:

If both companies have the sames sales volume, total costs and income from operations, the reason why Gouda has a lower break even point is that their variable costs are lower. We use the contribution margin per unit to calculate the break even point and the contribution margin per unit = sales price - variable costs. The question states that total costs are equal, but it doesn't say anything about variable or fixed costs.

Assuming that Gouda is above break even point, each sale will generate a higher operating profit since the contribution margin is higher.

Explanation:

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3 years ago

Hammes Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and

Sergio039 [100]

Answer:

c. $191 Favorable

Explanation:

Flexible budget Planning budget Activity variance

Units produced 5,510 units 5,500 units

Revenue $237,481 $237,050

Total Expenses ($207,340) ($207,100)

Net Operating Income $30,141 $29,950 $191 F

<u>Workings</u>

Flexible budget revenue = 5,510 units*$43.10 = $237,481

Planning budget revenue = 5,500 units*$43.10 = $237,050

Flexible budget expenses = $75,100 + $24*5510 = $207,340

Planning budget expenses = $75,100 + $24*5500 = $207,100

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3 years ago

Jamil believes that his new Web site is the best way to sell the furniture that he makes in his workshop. If Jamil sells his wor

viva [34]

Answer:

Direct channel

Explanation:

Manufacturers when directly reach out to the customers by making the product available to them without involving any intermediaries are using direct channel of distribution.

in this case, Jamil sells furniture made by him directly to the customers by advertising it on his website. He is using direct channel of distribution in this case.

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3 years ago

You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly

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65.643 is the answer of the interest rate

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3 years ago