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3 years ago

What are some reasons that a business would borrow funds

Business

1 answer:

algol [13]3 years ago

5 0

Answer:

Start up costs have to be paid. Before a single sale can be made, there needs to be something to sell. ...

Working Capital is Needed to Keep Cash Flowing. ...

Use The Investment To Make More Than It Costs To Borrow. ...

Borrowing Money Reduces Personal Risk. ...

Insufficient Funds.

Explanation:

You might be interested in

When bonds are converted into common stock____.

nexus9112 [7]

Answer:

When bonds are converted into common stock____.

a. the market price of the stock and the bonds is ignored when recording the conversion.

Explanation:

This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on. Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.

4 0

3 years ago

Who investigates complaints of the Holden Act and takes remedial action as required by law? The Department of Housing and Urban

o-na [289]

Answer:

The Department of Housing and Urban Development

Explanation:

The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.

The Holden act is enforced by the Department of Housing and Urban Development.

5 0

3 years ago

The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings o

Svetllana [295]

The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings of their supervisors.The supervisors are concerned about this and have raised all of the following objections EXCEPT (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance

Explanation:

The rating of the sub-ordinates by their supervisors can not be considered as a perfect way for performance appraisal because it will be over-focused on the behavior of the sub-ordinate with their supervisors rather than the on the job performance.

The sub-ordinates who follow all the commands of their supervisors will be rated high rather than those who perform well on the task given to them

So the answer to the above question is (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance

8 0

4 years ago

Scottish Company manufactures a variety of toys and games. John Chisholm, president, is disappointed in the sales of a new board

Schach [20]

Answer:

c. $110,000

Explanation:

The computation of profit (loss) from Option One is shown below:-

Profit (loss) from Option One = Sold unit × (Cut the price - Variable cost) - Fixed cost

= 15,000 × ($70 - $56) - $100,000

= 15,000 × $14 - $100,000

= $210,000 - $100,000

= $110,000

Therefore for computing the profit (loss) from Option One we simply applied the above formula.

4 0

3 years ago

In a recent annual report, Rosh Corporation disclosed that 60,000,000 shares of common stock have been authorized. At the beginn

irina [24]

Answer:

33,880,934 stocks

Explanation:

total number of authorized stocks = 60,000,000

stocks issued at beginning of the year = 36,356,357

treasury stocks at beginning of the year = 7,171,269

net change in total stocks outstanding = additional shares issued - increase in treasury stocks = 558,765 - 3,034,188 = -2,475,423

total number of stocks outstanding = outstanding stocks at the beginning of the year + net change in stocks outstanding = 36,356,357 -2,475,423 = 33,880,934 stocks

7 0

3 years ago