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3 years ago

Which is the most likely scenario in which someone would take out a short-term loan with a bank?

1 answer:

7 0

The most likely scenario in which someone would take out a short-term loan with a bank is to pay for credit card debt. The short-term loan has less than one year period to be repaid and this loan is usually taken by someone if there is a temporary problem with their cash flow. This loan can also be taken by a company to fulfill their working capital for increasing its sales.

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___ refers to factors that prevent new firms from successfully competing in the industry

antiseptic1488 [7]

Answer:

barriers to entry

Explanation:

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2 years ago

_____ uses an iterative process that repeats the design, development, and testing steps as needed, based on feedback from users.

Alecsey [184]

Answer: Rapid Application Development (RAD)

Explanation:

Rapid Application Development (RAD) is a method of developing software that tries more to develop a working model first and then adjusts as it receives feedback from users. It essentially is evolving every time because instead of planning for what is needed ahead of time, it simply makes a product and changes it as needed to fit the actual needs of the customers.

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3 years ago

During its most recent fiscal year, Dover, Inc. had total sales of $3,340,000. Contribution margin amounted to $1,570,000 and pr

MariettaO [177]

Answer:

d) $1,065,000

Explanation:

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2 years ago

Janice has calculated the GDP for 2018 by using the total final goods and services times the 2018 prices of total goods and serv

zubka84 [21]

Answer:

a. Janice must adjust the total value 2018 GDP for inflation.

Explanation:

Gross domestic product is defined as the amount of goods and services produced by a country in a particular period. It is a measure of economic growth of the country.

Real GDP is calculated from GDP by adjusting for inflation of deflation. Real GDP gives a more clear picture of the economy since it considers the reality of inflationary effect on prices.

For example when prices go up and GDP is used, it will seem the country is producing more. Which is a wrong assumption.

Real GDP give a more accurate insight into a countrie's productivity.

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3 years ago

Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the Unit

DochEvi [55]

Answer:

Results are below.

Explanation:

Giving the following formula:

Direct labor per filing cabinet= 18/60= 0.3

Direct labor rate $28 per hour

<u>The supervisor salary and depreciation will remain constant, we will not take them into account.</u>

70,000 units:

Direct labor hours= (0.3*70,000)= 21,000

Direct labor cost= 21,000*28= $588,000

80,000 units:

Direct labor hours= (0.3*80,000)= 24,000

Direct labor cost= 24,000*28= $672,000

90,000 units:

Direct labor hours= (0.3*90,000)= 27,000

Direct labor cost= 27,000*28= $756,000

3 0

2 years ago