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tamaranim1 [39]
3 years ago
15

How is a line of credit similar to a credit card

Business
1 answer:
xxMikexx [17]3 years ago
8 0
They both have preset limits
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Which one of the following statements is true? a. A manufacturing company will normally have raw materials, work in process, and
soldier1979 [14.2K]

Answer:

d. A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.

Explanation:

  • Normally a manufacturing company has various inventors such as raw material, work in progress and finished goods and the inventories are goods that held up in stocks for the ultimate goal of resale, another type of inventories include transit inventory, buffer inventory and cyclic inventory.
  • Merchandise inventory is a finished good that is taken for sale by retail or wholesale. The finished goods for the sale by manufactures are generally called as finished goods inventory.
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What types of serches and seizures are protected against under the fourth amendment to the u.S. Constitution
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Home raids, Car searches, Phone searches. Anything that the government or the authorities do not have a warrent to look through, they cannot lawfully look through it.
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3 years ago
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The national incident management system is
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<span>The national incident management system is
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<span>The National Incident Management System (NIMS) is a systematic, proactive approach to guide departments and agencies at all levels of government, nongovernmental organizations, and the private sector to work together seamlessly and manage incidents involving all threats and hazards.</span>
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3 years ago
The correctly calculated weighted average cost of capital for a firm can be used to discount the cash flows for any new project
mina [271]
I can't help you unless you give me more Information
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3 years ago
Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en
Andrej [43]

Answer:

Beranek Corp. should borrow $288,000 to achieve the target debt ratio.

Explanation:

40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.

If you have any queries about double entries of all this scenario, do leave a comment, I'll be pleased to help you.

Thank you!

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