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3 years ago

Family members may lend you money based on

Business

2 answers:

Katarina [22]3 years ago

6 0

Answer :a obligation.

The word obligation means “to be bound to act in a certain way either morally or legally.”

Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.

Loans from family members are usually interest free.

However, if the loan is not repaid, relationships quickly turn sour.

Hence loans from family member must be treated with respect and care, in order to maintain relationships.

Airida [17]3 years ago

4 0

Answer:

The correct answer is Obligation.

Explanation:

When we live with the family, we have responsibilities towards the members of the family. We are responsible to help them in the time of their need. Normally it is our obligation to stand beside our family members through thick and thin. So if any member of the family needs to lend money, the money is given due to our obligation towards him or her. This interest free, easy to pay lending helps the member to stand on his or her feet. This increases the bonding between the family members.

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The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectati

ra1l [238]

Answer:

forward rates are determined by investors' expectations of future interest rates.

Explanation:

The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectations of future interest rates. It suggests that the predicted holding period rate of return of a bond of "x" number of time is equal to the short-term interest rate irrespective of its maturity.

The Expectations theory gives us the opportunity to predict the future outcome of short-term interest rates based on current long-term interest rates.

7 0

4 years ago

Tim is trying to compute how many salespeople his business needs for the upcoming year. He wants his salesforce to call on each

Vinvika [58]

Answer:

Tim's business should have 50 sales person

Explanation:

Number of customers = 1,000 customers

Call frequesncy to each = 50 times

Average Length of call = 2 hours

Average sales persons time = 2,000 hours per year

Total Time = Customers x Average time per call x Call frequesncy

Total Time = 1,000 x 2 x 50 = 100,000 hours per year

Number of Sales people required = Total time / Average time per sales person = 100,000 / 2,000 = 50 sales person

4 0

3 years ago

Read 2 more answers

1. Population groups philosophy

makkiz [27]

Answer:

1. Population groups: target groups

2. Mission statement: philosophy

3. Human services: social services

Explanation:

This is the best way to connect these terms. A population group refers to a section of the population that is discussed or targeted in a particular project or campaign. These can refer to ethnicities, ages, or some other social characteristic. A mission statement refers to a phrase or an idea that drives the work of a particular organization. Finally, human services refers to a range of social services that are usually provided by the government or by organizations. These usually include services such as healthcare or education.

8 0

3 years ago

XYZ Company received $18,000 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nom

djverab [1.8K]

Answer:

Dr Rent revenue

Cr Unearned rent revenue, $4,500

Explanation:

Preparation of XYZ Company Journal entry

Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as

(3/12 x $18,000 ).

Dr Rent revenue

Cr Unearned rent revenue, $4,500

(3/12 x $18,000 )

7 0

3 years ago

Scenario 5 Guemmer Specialty Foods can produce their famous cherry pies at a rate of 1650 cases per day (this is the daily produ

Arturiano [62]

Answer:

c) Annual set up cost= $9878.04

Explanation:

Economic batch quantity (EBQ) is also known as economic production run, It is the optimum production run that a manufacturer should operate to minimize set up cost and carrying cost.

Carrying cost is the cost of keeping inventory while set up cost is cost of getting machines ready for production

Annual inventory cost = = Set up cost per run× Annul demand / EBQ

Annual demand / the economic production run(EBQ)

It is calculated as follows:

Economic batch quantity =√2× Co× D / Ch(1-D/P)

Where ,

D - annual demand - 62,500

Ch -holding cost per unit per annum - $11.50

Co- set up cost - $320

Production rate = 1650 units per day × 250 days =412,500 units

Economic batch quantity

= √(2× 320× 62,500) / (11.50× (1- 62500/412500) )

=2024.69 units

Annual set up cost

= Set up cost per run × Annul demand / EBQ

= $320× 62,500/2024.69

Annual set up cost= $9878.04

6 0

3 years ago