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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
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What is the difference between a “Named Insured” and a “Driver”?
inysia [295]

Named insured(s) can drive a car, or anyone else's (including rental car) and get into an accident. An additional driver is a person who resides with the named insured and/or regularly uses a shared vehicle. His or her record is used in underwriting the policy to determine rates, but the person has no policy rights.

7 0
3 years ago
The ________ is management’s minimum desired rate of return on a capital investment.
NeTakaya

The <u>discount rate</u> is management's minimum desired rate of return on capital investment.

Discount rate. "management's minimum preferred rate of return on an investment'' is greatly described by using the following terms authentic. Internet gift price and the internal rate of return are examples of discounted cash waft fashions utilized in capital budgeting decisions. NPV will continually decrease.

When evaluating capital funding initiatives, if the inner fee of going back is much less than the required rate of return, the undertaking can be commonplace. Whilst selecting a capital investment task from three options, the undertaking with the best internet present cost will constantly be optimal.

The payback method commonly specializes in profitability and no longer time. One advantage of the internal rate of return is that it considers the time price of money. One drawback of the payback method is that it no longer considers the time value of money.

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6 0
1 year ago
Which of the following payment types require you to pay upfront?
m_a_m_a [10]
Answer will be the letter c
5 0
3 years ago
Dazzle Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jour
Nikitich [7]

Answer:

B) Debit work in process inventory $172,000

Credit Factory Wages Payable $172,000

Explanation:

Option A is not correct answer as the question is to record the production activities for direct labor usage instead of recording production and payment of wages. In option A, Wages payable is debited and cash is credited e.g. payment of wages is recorded and first step of recording production is missed.

Option B is the right answer as it appropriately records production activity for the month of June by debiting work in process inventory and crediting factory wages payable.

Option C is not correct answer as it is directly debiting cost of goods sold, which is debited at the time of sale of goods and goods are transferred from finished inventory to cost of goods sold.

Option D is not correct answer as it is directly crediting cash instead of recording payable. At the end of the month, production activities are recorded and payment entry is recorded at the time of payment depending on the Company policy to pay.

6 0
4 years ago
What is the term for an interval smaller than a step?.
Svetach [21]

Answer:

Half step

Explanation:

If you're talking about music, then a half step is smaller than a step.

7 0
3 years ago
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