Answer:
Credit Cards
Payday Loans
Auto Loans
Explanation:
In the field of economics, credit means to have the ability of having goods or the services before the payment of the goods which can be paid later in the future to the other party.
The following can be bought on credits and can be paid in cash later on. These includes :
Credit cards -- credits card are used to purchased item on credits to which the payment is done on a later date in the future.
Payday loans -- payday loans is a type of loan or money borrowed from someone with an interest that is to be paid in the future.
Auto loans -- auto loans are available to buy a car in credit and repaying the loan in cash to the bank in installments in the future.
Answer:
See the explanation.
Explanation:
Account receivable Rondo Distributors debit $1,200
Sales revenue credit $1,200
Note: To record the merchandise sales on account. As the company used the periodic inventory system, we do not need to give the cost of goods sold journals.
Purchase debit 10,000
Accounts payable credit 10,000
Note: To record the purchase on account.
Delivery expense debit $525
Cash credit $525
Note: To record the payment of the delivery expense.
Answer:
No of clown sold in 2010 = 17
No of clown sold in 2015 = 39
Unit rate of change = 39 - 17/17 x 100
Unit rate of change = 129.41%
Explanation
The unit rate of change from 2010 to 2015 is equal to the number of clown sold in 2015 minus the number of clown sold in 2010 divided by the number of clown sold in 2010 multiplied by 100.
Answer:
13.5%
Explanation:
Relevant data provided for computing the profit margin which is here below:-
Net Income = $175,000
Net Sales = $1,300,000
The computation of profit margin is shown below:-
Profit Margin = (Net Income ÷ Net Sales) × 100
= ($175,000 ÷ $1,300,000) × 100
= 13.5%
Therefore for computing the profit margin we simply applied the above formula.
C. Marginal Cost
Marginal cost is the <em>additional </em>cost to produce each unit of a good.
