Answer: To understand how businesses need money and how they can sustain themselves for a period of time to fund bills and still operate
Explanation:
Understanding the relationship between cash conversation cycle and contemporary business executive aims at knowing the business needs funds to operate and building strategic alliances, make money and propose ideas that will sustain and elevate it's strength for some time. Money is vital in running business operations, as organizations will foot bills and do some expenditure and sought out ways to earn more business.
Answer:
d.the levels of activity for non-unit based cost drivers remain the same.
Explanation:
In the case of conventional and activity based costing calculations, the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same
Thus as per the given scenario, the option d is correct
And, the rest of the options seems incorrect
The interest payable at the time period indicated will be $3000.
<h3>How to calculate the interest?</h3>
From the information given, the interest payable will be:
= Note value × Interest time × Time period
= $100000 × 9% × 4/12
= $100000 × 0.09 × 1/3
= $3000
In conclusion, the interest payable at the time period indicated will be $3000.
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Answer: Minimum 62 years
Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.
HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.
Answer:
Economic Growth
Full Employment:
Price Stability or Controlling Inflation:
The balance of payment:
Economic Security:
Explanation:
