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4 years ago

Which of the following are signs of a person being in credit distress?

Business

1 answer:

Over [174]4 years ago

5 0

Answer:

C. Only making minimum payments on credit cards each month

Explanation:

Credit distress is a financial status where an individual or a firm cannot meet its obligations in time. The business or the individual cannot generate sufficient resources to pay their debts as they become due. To a business, high fixed costs, economic downturns, and illiquid assets cause credit distress.

Poor budgeting, unnecessary debt load, poor financial decisions lead to credit distress among individuals. Other signs of credit distress include living or over-relying on overdrafts, problem paying bills on time, and getting reminder collection calls and past-due notices.

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What are the resources og microeconomics?

VikaD [51]

Answer:

resources like land, tools, money, time, labor and enterprise

5 0

3 years ago

Read 2 more answers

The standard cost of Product B manufactured by Pharrell Company Includes 3.7 units of direct materials at $6.8 per unit. During

sweet [91]

Answer and Explanation:

The computation is shown below;

(a)

Total materials variance:

= ( AQ × AP ) - ( SQ × SP )

= (26600 × $6.70) - (26270 × $6.8)

= $178220 - $178636

= $416 F

Here

= 7100 × 3.7

=26,270

Materials price variance:

= ( AQ × AP ) - ( AQ × SP )

= (26600 × $6.70) - (26600 × $6.8)

= $178220 - $180,880

= $2660 F

Materials quantity variance:

= ( AQ × SP ) - ( SQ × SP )

= (26600 × $6.8) - (26270 × $6.8)

= $180,880- $178636

= $2244 U

(b)

(a) Total materials variance:

= ( AQ × AP ) - ( SQ × SP )

= (27000 × $6.90) - (26270 × $6.8)

= $186300 - $178636

= $7664 U

Here

= 7100 × 3.7

=26,270

Materials price variance:

= ( AQ × AP ) - ( AQ × SP )

= (27000 × $6.90) - (27000 × $6.8)

= $186300 - $183600

= $2700 U

Materials quantity variance:

= ( AQ × SP ) - ( SQ × SP )

= (27000 × $6.8) - (26270 × $6.8)

= $180,880- $178636

= $4964 U

6 0

3 years ago

Wisconsin Cheddar has introduced an aged jalapeno cheddar. Displays are set up at various retail cheese stores in the state and

strojnjashka [21]

Answer: point of purchase promotions

Explanation: In simple words, point of purchase promotion refers to a promotional technique in which the producer or supplier of a commodity tries to attract the customers by pacing the product ion the market or in the store in such a way that the customer feel strong urge to buy it.

For example- In most of retail stores newspapers and chewing gums like products are placed near the cash counter so that customer can choose to buy these petty products right after their purchase.

In the given case, the company provided its product at various retail stores, that is, the place where their target customers will be more. Hence we can conclude that the company is most likely using point of purchase promotions.

7 0

4 years ago

When a single firm can supply a product to an entire market at a lower cost than could two or more firms, the industry is called

-BARSIC- [3]

Answer:

D. Natural Monopoly

Explanation:

Natural Monopoly occurs when a single firm can supply a product to an entire market at a lower cost than could two or more firms. A natural monopoly is based on economies of scale.

Economies of scale act as a barrier to entry because one large firm can produce the market output at a lower average cost than several small firms.

A natural monopoly is created by substantial economies of scale.

Natural monopoly is a type of monopoly that exists due to the high starts-up cost or powerful economies of scale.

3 0

3 years ago

If the economy is opened to free trade, the price and quantity of this product sold would be_________.

Pavlova-9 [17]

1) If the economy is the closed equilibrium price and the amount is decided wherein the domestic demand and deliver curve intersects. here equilibrium price is Pa and the amount is X.

2) If the economic system is open to exchange equilibrium rate is a computer and the equilibrium amount is Z.

3) With unfastened change output produced via home producers is O-V. And by foreign manufacturers is Z-V.

4) With in keeping with the unit tariff charge is Pt and the whole quantity bought is Y.

5) With consistent with unit tariff quantities offered by using overseas producers is Y-W and through domestic manufacturers is O-W.

6) Per unit sales after tariff received via foreign producers is a computer and by using home producers is Pt.

7) General quantity of tariff sales = consistent with unit tariff × amount imported.

= (Pt - computer) × (y - w).

Learn more about the economic system here

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7 0

2 years ago