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dusya [7]
4 years ago
15

Joe needs display racks and cabinets to open his clothing store, but he doesn't have the money to pay for them right away. A sup

plier agrees to sell Joe the necessary equipment, lets him have them immediately, and allows Joe to pay for the goods over a six-month period. This is an example of_______________.
a. equity financing.
b. an initial public offering.
c. a mortgage.
d. venture capital.
e. a trade credit.
Business
1 answer:
zhuklara [117]4 years ago
5 0

Answer:

The correct answer is letter "E": a trade credit.

Explanation:

Trade credit implies a customer buying products from a seller that helps the purchaser to later pay for the goods. Essentially, the seller provides the buyer with a short-term loan. Typical terms of trade credit must be charged for <em>30 days</em>, but may also be <em>45, 60, 90, </em>or <em>180 days</em> in some situations.

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kenny6666 [7]

Answer:

The company should provide, in average, 90 jobs per month in order to break even.

Explanation:

We will assume that the variable costs are proportional to the quantity and thus VC=a*Q

the profit obtained is

profit = P*Q  , (Price [$/job] * Jobs sold [jobs])

and the total costs are

total costs= FC+VC = FC + a*Q , FC=fixed costs

in order to break even the quantity sold should be enough to cover all costs, therefore

profit = total costs

P*Q = FC + a*Q → Q= FC/(P-a)

thus

Q= FC/(P-a) = $3240 / ($60/job - $24/job) = 90 jobs

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3 years ago
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givi [52]

Answer:

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A functional area of the company adopts this type of strategy to achieve the objectives embodied in the strategy of the corporation, maximizing the resources available and their productivity. In addition, it seeks the care and development of functional and operational capacity in order to achieve a competitive advantage to the company.

These strategies generate a frame of reference used by the administration of operations and functions to support the organizational and business strategy.

7 0
3 years ago
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Ben wants to purchase a new tablet. He spends a lot of time researching the latest features available on different brands of tab
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Answer:

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