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Irina-Kira [14]
3 years ago
8

A ________ is an agreement with a bank that allows a small business to borrow up to a predetermined specified amount during the

year without making an application each time
Business
1 answer:
Olenka [21]3 years ago
4 0

Answer: Line of credit

Explanation:

  The line of credit is one of the facility of the credit that is specifically provided by the bank and the other finance institute to the company and the government.

The main purpose of the line of credit is that it basically allow the borrowing process at the time of customer funds requirement.

 According to the given question, the line of credit is one of the type of agreement where the small business borrow the needed amount from the bank or any institute. Therefore, Line of credit is the correct answer.  

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E) True, false, uncertain, or not enough information?
Evgesh-ka [11]
False, If wage goes up so will everything else
4 0
3 years ago
Crane Company makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budge
34kurt

Answer:

$22,050

Explanation:

The computation of the total budgeted variable selling and administrative expenses for October is shown below:

Sales Commission (9,000 × $0.60) $5,400  

Shipping (9,000 × $1.2) $10,800

Advertising (9,000 × 0.3) $2,700

Other (9,000 × .35) $3,150

Budgeted Variable Selling and admin expenses $22,050

We simply added all the variable selling and admin expenses so that the total could arrive

3 0
3 years ago
A consumer has two basic choices: rent a DVD movie for $4.00 and spend 2 hours watching it, or spend $13 for a miniature golf ga
riadik2000 [5.3K]

Answer:

Play miniature golf instead of renting the movie.

Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.

Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.

Now factoring the costs of the DVD and the miniature golf into the equation, we have:

Total cost of renting and watching the DVD:

$4 + $24 = $28

Total cost of playing miniature golf:

$13 + $12 = $25

We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.

3 0
3 years ago
Which of the following would be considered the highest risk portfolio? AA portfolio made up of 20% savings accounts, 50% mutual
Vlad [161]

Answer

C. A portfolio made up of 60% stocks, 30% mutual funds and 10% Treasury bonds.

Explanation

In this option, the investment is more than 50% for  the money placed in stocks and the prices for stock keep on fluctuating on daily basis. This is a highly risky investment though investments in stock can give a good return. To safeguard the amounts that were saved, a person has to avoid putting more investments on stock.


7 0
4 years ago
Read 2 more answers
Ill give 25 points for it
Harrizon [31]

Two ways by which Customer Service and Support can affect sales are:

  • Distributing marketing information
  • Increased sales through responsiveness and personalization

<h3>What is the benefit of customer service and support to sales?</h3>

Customer service and support is very important to businesses because it helps them to deal with their customers which are very important to them making sales and profit. In order words, the work of customer service and support is very important to the profitability of a company.

One way that customer service and support can influence sales is by distributing marketing information. For instance, if a customer has an issue, the customer service rep can refer them to some marketing information. Customer service can also lead to increased sales when they engage in personalization and responsiveness and this makes the customer feel appreciated and thereby likely to patronize a company again.

Find out more on customer service at brainly.com/question/26546102

#SPJ1

6 0
1 year ago
Read 2 more answers
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