1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tpy6a [65]
3 years ago
8

What is consumer credit?

Business
1 answer:
Novay_Z [31]3 years ago
8 0
Credit advanced to consumers for the purchases of goods and services
You might be interested in
Sheridan Company had the following transactions during the quarter end:
White raven [17]

Answer:

Payment of insurance premium include in last quarter = $204,000

Explanation:

Given:

Insurance premium during the year = $816,000

Number of quarter in the year = 4

Computation of payment include in last quarter:

Payment of insurance premium include in last quarter = Insurance premium during the year / Number of quarter in the year

Payment of insurance premium include in last quarter = $816,000 / 4

Payment of insurance premium include in last quarter = $204,000

8 0
3 years ago
You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,
GarryVolchara [31]
I think ty best answer would be b.
3 0
4 years ago
Country a has a temperate climate and can grow bananas in the spring. it produces 42,000 pounds of bananas per year per growing
german

Country A would have absolute advantage because it produces the most pounds of bananas per year per growing acre.

<h3>What is Absolute advantage?</h3>

This is defined as the ability to produce more than available competitors in the market.

Country A produces more pounds of bananas per year per growing acre which is why it has an absolute advantage over country B.

Read more about Absolute advantage here brainly.com/question/1655791

8 0
2 years ago
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's ant
Leto [7]

Answer:

Total cost per unit is $77

Explanation:

Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units

= $478,800 ÷ 34,200 = $14 per unit

Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units

= $171,000 ÷ 34,200 = $5 per unit.

Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses

Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.

Markup = 40% of total cost = $55 × 40% = $22

Therefore, total selling price per unit = Cost per unit + Markup

= $55 + $22 = $77 per unit.

7 0
4 years ago
Tony works in purchasing for the Epic Electronics on the East Coast. He arrives at work at 6:00 a.m. and leaves by 3:00 p.m. He
Vikki [24]

A. the company is required to hire twice as many people and spend additional funds training these individuals.

B. there is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

C. morning workers are never as productive as afternoon workers.

D. this system will increase absenteeism.

There is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

Answer: Option B.

<u>Explanation:</u>

Flex time is the time that the company or the organisation offers to some of the employees of the organisation which is not the same as the regular working time of the other organisations. These employees who work for flex time sometimes pose to be a problem for the company.

Because of the organisation flex time that has been offered by the organisation to Tony, this will pose a disadvantage and a problem to the company. Tony will not be able to talk in the one hour window talking like the other employees of the company.

5 0
3 years ago
Other questions:
  • Kent bought a $2,000, 20-year U.S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be
    10·1 answer
  • A(n) __________ refers to a complete ban on importing or exporting of products from a specific country
    12·1 answer
  • Why was it sometimes difficult to balance a checking account to a statement?
    5·1 answer
  • Project managers are ultimately responsible for quality management on their projects.
    14·1 answer
  • One reason that businesses want to combine with other businesses is to A. avoid taxes.
    7·2 answers
  • .
    11·1 answer
  • Korey's comic book store has been up and running for 4 years. Korey feels that his store has been successful and is considering
    7·2 answers
  • The following data were gathered to use in reconciling the bank account of Photo Op. Company: Balance per bank $ 14,400 Balance
    12·1 answer
  • nted below is information related to Viel Company at December 31, 2020, the end of its first year of operations. Sales revenue $
    14·1 answer
  • List two examples of items that could be used as collateral for a secured loan.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!