During an evaluation of business plan, the four Cs of credit are mostly important and used by investors,
An investor in this context are those who borrow people money in return for interest payable on the loan given out.
The investor are the set of people who mostly employs the 4C's of credit.
Hence, during the evaluation of a business plan, the four Cs of credit are mostly important and used by investors,
Therefore, the Option B is correct.
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Opportunities: Make use of different products to suit the customers taste.
Threats: Competition, other salons may offer services that you don't and attract your customers attention.
The total revenue and the marginal revenue when he sells the 100th pound of apples is
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)
So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
Answer:
the interest expense that should be recorded in the income statement is $600
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest × given months
= $60,000 × 0.03 ÷ 12 × 4 months
= $600
Hence, the interest expense that should be recorded in the income statement is $600
