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3 years ago

What is a line of credit and how does it work?

1 answer:

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A line of credit is a type of loan that doesn't give you one giant injection of funds the way a traditional loan does. Like a credit card, you draw on the credit when you need to pay for something that is financially out of reach.

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Darren Bloom, the sales manager for John Fountain Products, a small family business, is eager to get the company on an export pa

vlada-n [284]

Answer:

The correct answer is C

Explanation:

Exporting is the term which is defined as the function of the international trade whereby the goods are produced or manufacture in one country and then are shipped to another country for the purpose of future sale or trade.

In order to convince the CEO for exporting the Bloom, he should state the advantage that on exporting, the company will have or provide large amount of revenue and the opportunities for profit.

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3 years ago

Art Company issued 6%, 5 year bonds, with par value of $1,600,000, paying semiannual interest for $1,470,226. The annual market

Soloha48 [4]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Bond carrying value = $1,470,226

Rate of interest = 8%

Rate of interest (Semiannual ) = 4%

So, we can calculate the the bond interest expense on the first interest payment by using following formula:

The bond interest expense = Bond carrying value × rate of interest (semiannual)

By putting the value we get

= $1,470,226 × 4%

= $58,809

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4 years ago

Proctor & Gamble departmentalizes by Tide, Pampers, Charmin, and Pringles. This is an example of departmentalization by

bonufazy [111]

Answer:

Product

Explanation:

Departmentalization - This is the breakdown of a single business into smaller unit under the same coordination for administrative and operational convenience.

Departmentalization by product - When business entity is divided into smaller manageable unit along the line of products produced by the organisation, that is what we called departmentalization by product.

Identical products or products with similar characteristics are placed under the same department.

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3 years ago

A broker has asked his unlicensed assistant to show a buyer property. the most important item the broker should verify prior to

sveta [45]

The most important item the broker should verify prior to the showing is that the assistant should be the permission of the seller or seller's broker to show the property.

<h3>What is Seller's Permission?</h3>

The seller's permit, also known as a sales tax permit or sales and use tax permit, is a type of business license that enables you to charge and collect sales tax on goods and services that are taxable. The tax you have collected must then be sent to your state's taxing body by your company. Seller's permits are state-specific, allowing you to complete the transaction in the state where the permit was issued while also collecting and remitting the necessary sales tax. Seller's permits are state-specific, so if you operate in multiple states, you might need more than one.

Therefore, a seller's permit plays a very important role in any sale.

For more information on Seller, refer to the given link:

brainly.com/question/14017882

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2 years ago

Which strategy refers to the creative approach used throughout a campaign, which should flow from the brand's positioning statem

Anarel [89]

Answer:

The correct answer is: Creative strategy.

Explanation:

The creative strategy is the marketing plan a company sets to contribute to the achievement of its goal. Before this step, a study of the target market and customer of the company is necessary so the firm's publishers have an idea of who they are dealing with to introduce the good or service of the company in an engaging form.

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4 years ago