Answer:
D) Homogenization of time and routinization
Explanation:
E-commerce software has changed a highly customized activity (determining where and how an individual could fly to) and reduced it to a simple routine. Customers can check their flight status whenever they want. They do not have to wait to contact a travel agent or even wait for a travel agency to open. Therefore time has been homogenized and transactions routinized.
Answer:
$3,650
Explanation:
Given that,
Assets = $107,000;
Liabilities = $37,000;
Common Stock = $67,000;
Retained Earnings = $3,000
Amount of net income:
= Revenue - Expenses
= $5,700 - $3,350
= $2,350
Closing retained earnings:
= Retained earnings at the start + Current year net income - Dividends paid
= $3,000 + $2,350 - $1,700
= $3,650
Therefore, the Golden's retained earnings at the end of the year is $3,650.
Measures the value that a buyer places on a good
Disability income insurance will provide income to a disabled or ill person with a waiting period before income is received. Commonly, when a person applies for disability income insurance and is taking out money from the government for disability there is a period of waiting. During this period they review all information given and decides whether or not the person applying actually qualifies for the funds they are wanting to receive. Most states have a set time frame they have to wait and also a set time frame of how long people can receive funds for.
Answer: Loan commitment or credit line
Explanation: A loan commitment refers to a promise under which the lender commit to provide a loan of a specified amount to the borrower. Similarly, a credit line refers to the amount of money that a credit card holder can use from that account.
In the given case, the construction firm wants to show that they can have necessary funding. Thus, they can use above tools to show that they have the back of banks in case of providing funding.
Thus, the correct option is C or D .