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3 years ago

What is credit?............

Business

2 answers:

almond37 [142]3 years ago

6 0

<u>Credit</u>

Credit is the capacity to obtain cash or access merchandise or administrations with the understanding that you'll pay later.

Credit is a sound understanding in which a borrower gets something of significant worth now and consents to reimburse the moneylender at some date later on, for the most part, with premium. Credit likewise refers to a bookkeeping passage that either diminishes resources or builds liabilities and value on the organization's monetary record .

kondaur [170]3 years ago

4 0

Answer:

It’s trust you have in getting back the money that was borrowed

Explanation:

It’s trust you have in getting back the money that was borrowed

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If a payback period for a project is greater than its expected useful life, the ___________.

just olya [345]

Answer: d. Entire initial investment will not be recovered.

Explanation:

The Payback period by definition is the amount of time it will take a Project to recover the initial investment into it. For example, if a project had an investment of $20 million and made $5 million every year, the Payback period would be 4 years.

Now, if the amount of time it will take to recover an investment is longer than the expected amount of time the project will run (expected useful life) then logically speaking that would mean that the Investment would not be entirely recovered because the project will be done before it can pay off the investment hence Option D is correct.

4 0

2 years ago

WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s

Fynjy0 [20]

Answer:

the common fixed expense is $300,000

Explanation:

The computation of the common fixed expense is shown below:

Common Fixed Expenes = Office Administrative Assistant + Office Administrative Assistant + President's Salary

= $70,000 + $47,000 + $183,000

= $300,000

hence, the common fixed expense is $300,000

6 0

2 years ago

The _____ takes into consideration both the direct and indirect global warming effects of refrigerants.

dusya [7]

<span>The total equivalent warming impact (TEWI) takes into consideration both the direct and indirect global warming effects of refrigerants. In addition to the direct impact of the refrigerant (which is conveniently estimated by GWP), any system or process, which requires energy input, indirectly affects the environment. This impact is originated from CO2 emissions from the energy production processes. TEWI can be calculated using the equation below: TEWI = direct emissions + indirect emissions = (GWPĂ—LĂ—N)+(EaĂ—Î˛Ă—n), where L â€“ annual leakage rate in the system, kg (3% of refrigerant charge annually), N â€“ life of the system, years (15 years), n â€“ system running time, years (based on weather data, 4910 hours), Ea â€“ energy consumption, kWh per year (modelled for each refrigerant), Î˛ â€“ carbon dioxide emission factor, CO2-eq. emissions per kWh (165 g CO2/kWh).</span>

6 0

3 years ago

Which is the most accurate statement about trade? a. Trade can make every person better off. b. Trade helps rich people and hurt

laiz [17]

Answer:

a. Trade can make every person better off.

Explanation:

Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.

A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.

It could also trade becasue is the raw material of a finished product and it need more input for his facilities.

If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.

7 0

2 years ago

Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,240,00

Montano1993 [528]

Answer:

Residual income is $ 123,800.00

Explanation:

The formula for residual income is given below:

Residual Income = operating income - (Required Return × Average Operating Assets)

The operating income=Sales-costs of goods sold-operating expenses

sales is $4,665,000

costs of good sold is $2,690,000

operating expenses of $1,512,000

operating income=$4,665,000-$2,690,000-$1,512,000

operating income=$463,000

residual income:

required return is 8%

average operating assets is $4,240,000

residual income=$463,000-($4,240,000*8%)

=$463,000-$339,200

=$123,800.00

5 0

2 years ago