Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
<span>Examples of which are:
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Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan
I hope my answer has come to your help. Thank you for posting your question here in Brainly.
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Answer:
A. the labor system would be as close to slavery as possible, thereby assuring high productivity.
Explanation:
The Reconstruction - era of northern version was clearly impacted on Slavery.
As the main objective of such reconstruction was to remove slavery at maximum. And with the end of such reconstruction era there was an end to slavery.
Accordingly, new constitutional rights to people earlier under slavery were provided.
Now, therefore, statement a in the given instance which provides for close relation between labor system and slavery is incorrect.
Incorrect Statement is:
A. the labor system would be as close to slavery as possible, thereby assuring high productivity.
Answer:
The equilibrium point
Explanation:
The equilibrium point is where there is an exact quantity of production output that perfectly satisfies the total demand of the market.
Answer:
a) Market Value = $100 million × $20 = $2,000 million = $2 billion
Market value of equity would remain same = $2 billion
b) Market value would remain same after recap. Only market capitalization would reduce to half.
Market value of equity = 1 billion
c) Buying back shares increases the stock price which demonstrates the faith of the company in its work. But creditors have capital gains.
d) After recap and cash flow firm total value has increased to $2 billion + $100 Million = $2.1 billion and market value of equity has increased from $20 to $22 . ($1000 + $100)/50 = $22.
e) Equity shareholders have gained due to increase in there share value
Explanation:
Answer:
Debit: Shrinkage expense $300
Credit: Inventory $300
Explanation:
When your business experiences shrinkage, you must adjust your accounting books. Record inventory losses by increasing your Shrinkage Expense account and decreasing your Inventory account.
Debit your Shrinkage Expense account and credit your Inventory account.
To adjust for shrinkage, create a journal entry that looks like this:
Debit Shrinkage expense account by $300
Credit Inventory account $300
