I would say an overdraft. As overdraft facility allows the facility holder to withdraw money from the account despite having no balance. There is a limit on the amount that can be overdrawn from the account. The overdraft limit is usually set by the bank basis the amount of working capital, creditworthiness of borrower and security offered by borrower.
I've also provided some advantages and disadvantages for using a overdraft.
I hope it helped you!
The answer to this question is b
Diego is trying to focus and meet his self-actualization needs.
<h3>What is Maslow's Hierarchy of Needs?</h3>
Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.
His theory emphasizes five hierarchical needs, these are:
- Physiological needs
- Security and safety needs
- Social Needs
- Esteem Needs
- Self Actualization needs
Therefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.
Learn more about Maslow's Hierarchy of Needs here:
brainly.com/question/1785981
Answer:
Red Co.
The amount that Red Co should report as net cash used by investing activities in its statement of cash flows for the period ended December 31 is:
= $38,000.
Explanation:
a) Data and Calculations:
Investing activities section of the Statement of Cash Flows:
Sales of investment in Gold Co stock $15,000
Dividends received on Blue Co. stock 10,000
Purchase of investment in Yellow Co (75,000)
Proceeds from the disposal of equipment 12,000
Net cash used by investing activities $38,000