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bagirrra123 [75]
3 years ago
11

Energy-wise Builders, Inc., a leader in residential housing, recently negotiated a financing arrangement with First Pennsylvania

Bank. The short-term funding agreement guarantees a specified amount of funds would be made available upon Energy-wise's request. This arrangement represents a:
Business
1 answer:
oksano4ka [1.4K]3 years ago
5 0

Answer:

revolving credit agreement

Explanation:

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As head of the sales team, Kevin has the power to dispense sales leads to the members of the team. He gives the best leads to th
mars1129 [50]

Answer:

Reward power

Explanation:

Reward power is simply the power a team leader, supervisor or manager has to hand out rewards to their subordinates. A "good" should be able to reward employees based on their merits, e.g. the best salesman get a free dinner at an expensive restaurant, or paid vacations, etc.

In this case Kevin uses rewards to motivate his sales team. Whoever does the best job gets a sales lead (they probably earn sales commissions) and has the possibility of earning more money.

7 0
3 years ago
Of the following statements, which one or ones indicate possible effects of a low credit score? I. You will have a difficult tim
yan [13]

When you have a low credit score there are many things that can effect your loan agreements. Typically you will have a difficult time qualifying for loans. Due to your low credit score, it shows that you have issues paying for the items you have which makes it hard for other lenders to want to give you loans because they could lose out. You also normally pay higher than average interest rates. When you have bad credit and do not pay items back properly lenders who do approve you for a loan will often provide you with a high interest rate because they are afraid they may lose big time if you stop paying. You are a risk for lenders to go ahead with the loan so they try to cover themselves in the event it happens.

Answer: D. I and III

7 0
4 years ago
Read 2 more answers
Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associ
Mariana [72]
Answer - B. Riding Stable

She only worked as a short-order cook over three summers, so she does not have enough experience or expertise to run a restaurant or fast food franchise of her own. Not to even add that she hates the work.

Also, as an associate degree holder, she does not have enough academic qualification to set up a legal research firm. However, setting up a riding stable does not require academic qualifications; moreover, she loves riding and spends every spare minute helping her uncle with his three horses.
5 0
3 years ago
Read 2 more answers
Northfield Casino is considering converting the Polsky Building at University of Akron into a state-of-the-art gaming parlor. Th
Maurinko [17]

Answer:

d. 3 Years.

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

$75,000,000 / $25,000,000 = 3 years

I hope my answer helps you

4 0
4 years ago
Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale
Alexeev081 [22]

Answer:

Part 1

<u>Cash Account</u>

                                                                           $

<u>Debit :</u>

Receive cash from customers                     15,000

Sale of Equipment                                         8,000

Bank Loan                                                      4,000

Totals                                                            27,000

<u>Credit :</u>

Pay cash for employee salaries                   9,000

Rent                                                                3,000

Utilities                                                            1,000

Advertising                                                     7,000

Ending Balance                                              7,000

Totals                                                            27,000  

     

Part 2

Ending Balance is $7,000

Explanation:

Only Cash related purchases and receipts are posted to Cash Account. Thus ignore non-cash related transactions.

The Cash Account : Receipts are posted at the Debit side of this Account and Payments at the Credit Side.

The Balance : After determining the Totals of the Debit and Credit, the shortfall of any of that side represents the Balance.

7 0
3 years ago
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