1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ratelena [41]
3 years ago
13

Shelly has a business that requires her to take out a loan to finance short-term working capital needs since she extends credit

repayment terms to her customers. Her working capital needs vary over time depending on her customer orders. The best type of loan financing for this is a_____________.
a. Revolving loan
b. Term loan
c. Secured loan
d. None of these are correct
Business
1 answer:
OLEGan [10]3 years ago
6 0

Answer:

Revolving loan

Explanation:

A revolving loan can be described as a loan that has a fixed monthly repayment. The interest rate that will be paid depends on the individual previous credit score and well as how well the individual can afford it.

The revolving loan provides access to a rolling credit facility, it enables the individual to borrow some amount of money again which could be up to your original loan amount, as long as a certain percentage of the loan has been repaid.

A revolving credit loan helps to provide cash for the business day-to-day activities thereby leading to an effective cash flow management for small businesses.

You might be interested in
Recommend two aspects you would include when preaparing a flyer
Zinaida [17]
Two aspects that would be the most important in preparing a flyer are :

- The Color
Flyers are created to attract people awareness, which means that their color must attract a lot of attentions.

- The Layout Style
Maximize the usage of Flyer layout without making it look to crowded in order to give the most efficient amount of informations
5 0
3 years ago
Each wholesale bag of flour is sold in 25kg bags. Using this information, calculate a new column of data of that works out how m
Sav [38]

Answer:

I know the answer

Explanation:

6 0
2 years ago
Provincial Inc. reported the following before-tax income statement items: Operating income $ 520,000 Loss on discontinued operat
geniusboy [140]

Answer:

$176,800

Explanation:

Operating income ×income tax rate

$520,000 × 34% = $176,800

Therefore Provincial would report $176,800 of income tax expense as a separately stated line item in the income statement because $520,000 is the operating income tax before-tax income statement items and 34% is the actual income rate.

4 0
3 years ago
Read 2 more answers
Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car Gwen 2
antoniya [11.8K]

Answer:

3. cannibalization

Explanation:

This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.

5 0
3 years ago
Central Park Inc. is a company that sells women's clothing. It recently shut down its physical store and is operating as an app-
love history [14]

Answer:

M-commerce

Explanation:

Since in the given situation it is mentioned that Central Park Inc sells the women clothing and currently they shut down the physical store and they are operated now through app based. With this feature, anyone could access anywhere via using the mobile phones also at the same time the customer compared the prices

So this situation represent the mobile commerce or M -commerce as the people can access this from anywhere at any time, it is easy to use also it save the cost and time

7 0
3 years ago
Other questions:
  • What are some specific liquids that have less than 80 percent water?
    10·1 answer
  • The group of accounting educators who perform research to determine the possible effects on financial reporting and the economy,
    5·1 answer
  • Ann is in the middle of completing her first 1040EZ tax form. She has some questions about an instruction on the form. What shou
    15·1 answer
  • The following present value factors are provided for use in this problem. Periods Present Value of $1 at 8% Present Value of an
    10·1 answer
  • Fill in the blanks:
    8·1 answer
  • For many of the working poor, medical insurance is out of the question. In 2014, approximately __________ of U.S. households wit
    12·1 answer
  • A decline in interest rates is expected to __________.
    13·2 answers
  • Nicole’s Getaway Spa (NGS) purchased a hydrotherapy tub system to add to the wellness programs at NGS. The machine was purchased
    12·1 answer
  • Interest is capitalized when incurred in connection with the construction of plant assets because_______.
    8·1 answer
  • Cho plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rat
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!