All categories

3 years ago

What does it mean to buy on credit

Business

2 answers:

valina [46]3 years ago

7 0

to buy on credit is when you use or barrow money that the bank owns

Diano4ka-milaya [45]3 years ago

3 0

When you use credit, it usually means using a credit card. Using credit means you borrow money to buy something. You borrow money (with your credit card or loan). You buy the thing you want. You pay back that loan later with interest.

You might be interested in

Chang and Smith Tours has the following balance sheets: 2018 2019 Assets Cash $209 $197 Accounts Receivable 684 726 Inventory 91

rusak2 [61]

Answer:

Chang and Smith Tours

The amount of net working capital for 2019 is:

$828.

Explanation:

a) Data and Calculations:

Chang and Smith Tours

Balance sheets: 2018 2019

Assets

Cash $209 $197

Accounts Receivable 684 726

Inventory 918 1,023

Net Fixed Assets 2,014 1,944

Total Assets $3,825 $3,890

Liabilities and Equity

Accounts Payable $748 $818

Notes Payable 306 300

Long-Term Debt 1,647 1,724

Stockholders' Equity 1,118 1,048

Total Liabilities and Equity $3,819 $3,890

Working capital:

Current assets:

Cash $209 $197

Accounts Receivable 684 726

Inventory 918 1,023

Less current liabilities

Accounts Payable $748 $818

Notes Payable 306 300

Net working capital $757 $828

b) The net working capital is the difference between current assets and current liabilities.

8 0

2 years ago

Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T

____ [38]

Answer: D. I, II, and III.

Explanation:

The demand for investment funds determines the demand for loanable funds and when this is higher than the supply, the rate increases. The reverse it true. It therefore affects real interest rates.

The savings of households and business firms are the source of loanable funds so if these are high relative to demand, the rate will decrease. The reverse is true.

Government demand for funds will increase interest rates as the supply will decrease when the government borrows massively. The reverse is true.

All three therefore impart real interest rates.

7 0

3 years ago

Give an example of each of the manufacturing processes: Continuous Flow, Production Line, Batch, Job Shop and Fixed Position Lay

LenKa [72]

Answer:

Continuous Flow: Oil refining. Chemicals. Synthetic fibers. Fertilizers.Pulp and paper. Blast furnace (iron) .Metal smelting. Power stations.

Batch Production : Baked goods. Clothing. Computer chips. Computer software. Die- or mold-making. Electrical goods. Flat-pack furniture. Jet engine production.

Job shop tool shop, a factory machining center, paint shops, a French restaurant, a commercial printing shop, and other manufacturers .

Fixed-position layout construction (e.g., buildings, dams, and electric or nuclear power plants), shipbuilding, aircraft, aerospace, farming, drilling for oil, home repair, and automated car washes

Product Line operations along the production line could include assembly, painting, drying, testing,

Explanation:

Continuous production is a flow production method used to manufacture, produce, or process materials without interruption.

Batch manufacturing is a style of manufacturing which compiles the different components of a product through step by step processes.

A job shop is a type of manufacturing process structure where small batches of a variety of custom products are made.

In a fixed position layout, personnel, supplies, and equipment are brought to the site where the product will be assembled, rather than the product being moved through an assembly line or set of assembly stations

Product line. The item may move along some kind of conveyor, or be moved manually by staff or forklift.

4 0

3 years ago

Lamar Company is considering a project that would have an eight-year life and require a $2,400,000 investment in equipment. At t

Arada [10]

$Paybackperiod=Intial investment / Net annual cash inflow$

project's payback period is 4.5 years.

<h3>What is net operating income?</h3>

Before deducting any expenditures for financing or taxes, net operational income assesses the profitability of an income-producing asset.
Subtract all property-related running costs from all income earned at the property to arrive at NOI.
A property owner can manipulate the operational expenditures included in the NOI statistic by delaying or accelerating particular revenue or expense elements.
Capital expenses are excluded from the NOI statistic.
A property owner can use NOI to determine whether the cost of owning and maintaining a property outweighs the benefits of renting it out.

To learn more about net operating income, refer to the following link:

brainly.com/question/15834358

#SPJ4

5 0

2 years ago

Which of the following is true of constraints that exist in product mix decisions?

chubhunter [2.5K]

Statement that is true of constraints that exist in product mix decisions is Multiple constraints can be handled using linear programming.

<h3>What is Product mix decision?</h3>

Product mix decision refer can be regarded as the decisions involving addition of a new or eliminating any existing product from the product mix.

It involves adding a new product line as well as lengthening any existing line in order to increase the profitability.

Learn about Product mix decision at: