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3 years ago

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

Business

2 answers:

almond37 [142]3 years ago

6 0

Credit

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 the quantity demanded is greater than the quantity supplied, what will happen to the price?

Tresset [83]

A. Go Up....................

4 0

3 years ago

From a customer service perspective, one of the four important characteristics for global market and strategy is technology comp

irina [24]

Answer:

True

Explanation:

Technological products' lifecycles are getting shorter every time, it is very rare now that a high tech product like a smartphone is not continuously updated every year. As customers we always want more features added and the companies struggle to keep up with the new features and specs that the market demands.

7 0

3 years ago

Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure co

kipiarov [429]

Answer:

The correct answers are letters "B" and "C": The economy experiences persistent shortages and surpluses; Many goods are available only through a black market.

Explanation:

A Command Economy is one where the government controls the economy, acting as the central planner, dictating production quotas and distribution levels, and setting prices. A company weakness describes an internal factor of the organization that could represent a disadvantage for the growth of the firm.

As the government regulates the supply and demand in command economies, it is likely to see shortages and surpluses in its market. This will cause those products to be traded illegally in what is known as the black market.

7 0

3 years ago

My existing business generate $135000 in EBIT. The corporate tax rate applicable to my business is 35%. Deprecaition reported in

Crazy boy [7]

Answer: $99,964

Explanation:

Given that,

EBIT = $135,000

Corporate tax rate = 35% of $135,000 = $47,250

Depreciation = $25,714

Need additional cash = $20,250

Additional supplies = $10,800

Accrual including taxes and wage payable will increase by $6,750

Operating cash flow = EBIT - Taxes + Depreciation

= $135,000 - $47,250 + $25,714

= $113,464

Investment in operating capital = Additional capital expenditure + Increase in NWC( net working capital)

= $0 + [($20,250 + $10,800) - ($10,800 + $6750)

= $13,500

Free Cash Flow (FCF) = Operating cash flow - Investment in operating capital

= $113,464 - $13,500

= $99,964

8 0

3 years ago

Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including Char

nlexa [21]

Answer:

6,750 dinner cruise tickets

Explanation:

The computation of the break even point in units is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

So, the contribution margin per unit is

= $80 - $40

= $40

And, the fixed expenses is $240,000

And, the target operating income is $30,000

So, the target sales in units is

= ($240,000 + $30,000) ÷ ($40)

= 6,750 dinner cruise tickets

4 0

3 years ago