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aleksley [76]
3 years ago
10

What are the advantages of using internal financing?

Business
1 answer:
Ronch [10]3 years ago
3 0
Using financial<span> resources other than credit cards, venture </span>capital, loans and stocksales<span> have advantages and disadvantages to your business. </span>
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A The following section is taken from Blossom's balance sheet at December 31, 2021.
loris [4]

Answer:

Date    Account titles and explanation          Debit       Credit

1-1-21    Bond interest payable                       $46,000

                  Cash                                                               $46,000

            (To record payment of interest)

1-1-21    Bond payable                                    $155,000

            Loss on redemption bond                $15,500

            (155,000/100*10)

                    Cash                                                              $170,500

            (To record bond redemption)

31-1-21   Interest expenses                              $36,450

                    Bond interest expenses                               $36,450

                    (560,000-155,000)*9%

             (Adjusting entry to accrue the interest on the remaining)

6 0
3 years ago
An oral auction has bidders willing to pay $4, $6, $9, $12, $13, and $15 for an item. The winning bidder will pay a little more
Fiesta28 [93]

Answer: $13.25

Explanation:

From the question, we are informed that an oral auction has bidders willing to pay $4, $6, $9, $12, $13, and $15 for an item.

Based on the above scenario, the winning bidder will pay a little more than $13 or $13.25. This is because the bidder with the highest pay is willing to pay $15 but since the next person is willing to pay $13, that means the next bidder will price it at an amount that is a little bit above $13 which is $13.25.

5 0
3 years ago
A technique to bring changes in the
son4ous [18]

Explanation:

A technique to bring changes in the

entire organization, rather man

focusing attention on individuals to

bring changes easily is Organizational development

8 0
3 years ago
Which of the following is a likely reason that a company would move its facility from one location to another?
Finger [1]
A likely reason that a company would move its facility from one location to another is that they would like to access various modes of transportation, such as boats and/or railroad.
7 0
3 years ago
When you are applying for a job, it’s fine to post this kind of personal information on websites? A) Your personal security numb
Katen [24]

Answer:

C

Explanation:

you don't want to do A or b so with that it can't be D

6 0
3 years ago
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