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3 years ago

The purpose of a good web page design is to make it_and_ .

Business

1 answer:

Cloud [144]3 years ago

8 0

The purpose of a good web page design is to make it successful and admirable

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____________ is when suppliers allow a business to take possession of needed goods and pay for them at a later date or in instal

lys-0071 [83]

Trade credit

Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.

<h3>What is the meaning of trade credit?</h3>

A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.

Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.

Learn more about trade credit here:

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5 0

2 years ago

Slack Inc. borrowed $400,000 on July 1, 2020. The note requires interest at 12% and principal to be paid in one year. Which acco

ale4655 [162]

Answer:

The account is debited on December 31, 2020: Interest expense by the entry:

Debit Interest expense $24,000

Credit Interest Payable $24,000

Explanation:

Slack Inc. borrowed $400,000 on July 1, 2020. The note requires interest at 12%.

The amount of interest Slack Inc. pays per year = $400,000 x 12% = $48,000

On December 31, 2020, the company has borrowed $400,000 for 6 months. Following the Accrual basis, Slack Inc. would report on December 31, 2020 the interest expense for 6 months:

$48,000/12 x 6 = $24,000

The adjustment entry:

Debit Interest expense $24,000

Credit Interest Payable $24,000

7 0

3 years ago

Which of the following items is included in GDP?

loris [4]

Answer:

B. All the above are included in GDP.

Explanation:

GDP is a measure of an economy’s total production and in most cases, it is used to determine how developed or how grown a certain economy is. To calculate the GDP, we take into consideration every form of production within the country. Factors such as consumption expenditure, private domestic investment, government spending, imports and exports are all determinants of GDP. Therefore, the sale of stocks and bonds, sale of services and the sale of used goods, collectively are included in calculation of GDP. Hence the correct answer is B.

7 0

3 years ago

The Wet Dog Surf Company borrows $27,000 at 5.00% for 10 months. Calculate the total interest amount (rounded to the nearest pen

earnstyle [38]

Answer:

total interest = $1125

Explanation:

given data

principal = $27,000

rate = 5 %

time = 10 months

to find out

total interest

solution

we get here total interest that is express as

total interest = principal × rate × time ....................1

put here value and we get

total interest = $27,000 × 5 % × $\frac{10}{12}$

total interest = $1125

7 0

3 years ago

What is "recourse" as it relates to selling receivables?

Inga [223]

The obligation of the seller of the receivables to pay the purchaser in case the debtor fails to pay.

5 0

3 years ago