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3 years ago

A line of credit to a corporation is like _____ to an individual.

1 answer:

8 0

A line of credit to a corporation is like a credit card to an individual. Because a line of credit to corporation is very similar to the line of credit for a personal use. A line of credit is a type of loan so a type of loan that you use like a credit card account is a personal line of credit. A line of credit is also like a credit card.

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Consider an Erlang loss system. The average processing time is 3 minutes. The average interarrival time is 4 minutes. The number

Dimas [21]

Answer:

D. 2

Explanation:

The computation of the rate of lost demand is shown below;

Given that

p = 3

a = 4

M =2

Now

r = p ÷ a

=3 ÷ 4

= 0.75

Now determine the value from the erlang table having r = 0.75 and M = 2

= 0.123

Now,

The Rate of lost demand is

= demand rate × 0.123 × 60minutes

= (1 ÷ 4) × 0.123 × 60

= 1.845 or 2

= 2

Hence, the correct option is d.

8 0

3 years ago

Principles of Investment

Scrat [10]

Answer:

demand for investments

Explanation:

7 0

2 years ago

If you pay the balance on your credit card each month, the _____ is the most important factor to consider when selecting a credi

aivan3 [116]

If you pay the balance on your credit card each month, the annual fee is the most important factor to consider when selecting a credit card. This is because all the other fees listed only occur if you carry over your balance.

5 0

4 years ago

The board of directors declared cash dividends totaling $1,200,000 during the current year. The comparative balance sheet indica

Salsk061 [2.6K]

Answer:

$1,350,000

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning balance of dividend payable + cash dividend declared - ending balance of dividend payable

= $250,000 + $1,200,000 - $100,000

= $1,350,000

To find out the amount of cash payments to stockholders we added the cash dividend declared and deduct the ending balance of dividend payable to the beginning balance of dividend payable

8 0

3 years ago

Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $

Margarita [4]

Answer:

correct option is B. 1.40

Explanation:

given data

total assets = $689,400

long-term debt = $198,375

total equity = $364.182

net fixed assets = $512,100

sales = $1,021,500

profit margin = 6.2 percent

solution

we get here first current assets that is express as

current assets = Total assets - net fixed assets ...................1

put here value

current assets = $689,400 - $512,100

current assets = $177300

and now we get Current liabilities that is express as

Total liabilities = Total assets - Total equity .............2

Current liabilities + Long term debt = Total assets - Total equity

Current liabilities = Total assets - Total equity - Long term debt ...........3

put here value

Current liabilities = $689400 - $364182 - $198,375

Current liabilities = $126843

so here Current ratio will be

Current ratio = current assets ÷ Current liabilities .............4

Current ratio = $\frac{177300}{126843}$

Current ratio = 1.40

so correct option is B. 1.40

6 0

3 years ago