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crimeas [40]
4 years ago
9

Provide an example of a closed‐end credit account that Caroline has. (1 point) 

Business
2 answers:
Aliun [14]4 years ago
6 0
Hello user


Answer: A mortgage loan is an example of a closed-end credit.


Hope I helped
-Chris
IrinaK [193]4 years ago
3 0
<span>• One source of credit is retail stores, which are department stores (macy's, neiman marcus) that will give you a card that you can use only at that store
• Another source of credit is credit card companies like visa, mastercard, American express, and discover.</span>
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In terms of interests in real property, this is not an interest in land but a temporary right to use another's land for a limite
kifflom [539]

Answer:

a leasehold      

Explanation:

Leasehold relates to an accounting phrase for a rented resource. Usually the asset is estate such as a house or storage within a building. The lessee buyouts with the property owner in return for a sequence of planned payouts throughout the lease term, for the lawful right to utilize the estate.

Once a lease agreement is signed, to a degree permitted by the deal, the purchaser or tenant starts to construct the accommodation for its activities. In commercial real estate, leaseholds are much more popular whereby supermarkets as well as other facilities can be constructed on the ground but often occur in housing uses, such as homes and condos.

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4 years ago
1) Explain the following terms used in trading account cross profit, Gross loss carriage ​
LuckyWell [14K]

<em>Cross Profit :</em>

<em></em>

<em>The profit a company makes after deducting all costs associated with creating and selling its products or services is known as gross profit. By subtracting the cost of goods sold (COGS) from total sales, you may compute gross profit.</em>

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<em>Gross Loss Carriage :</em>

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<em>the entire sum of a company's losses from various operations in a given period, even if some of these activities are profitable: The corporation announced a second-quarter gross loss of $17.15 billion today.</em>

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4 0
2 years ago
Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly pr
Verizon [17]

Answer: A consequence of their failure is that, relative to the outcome the vendors would like,

<em><u>(i) the quantity of hot dogs supplied is closer to the socially optimal level.  </u></em>

<em><u>(ii) the price of hot dogs is closer to marginal cost. </u></em>

In this case the hot vendor are relatively creating externalities. i.e. Hot dog vendors on the beach fail to cooperate with one another on the quantity of hot dogs they should sell to earn monopoly profits.

3 0
3 years ago
Knowledge Check 01 Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to i
Alex17521 [72]

Answer:

Ending Inventory = $10,000

Explanation:

Calculating the ending inventory using the lower of cost and net realizable value (NRV):

It means we have to take the inventory cost, which is lower between the original cost and net realizable value. Therefore, for Model A -

Inventory Quantity × Unit Cost (Cost or NRV which is lower) = Total ending inventory cost

100 × $ 100 = $10,000

(We have used the original cost as it is lower than NRV cost)

6 0
4 years ago
Professor Hanoi's research efforts focus on how the use of heuristics influences the way people think about and assess financial
Luda [366]

Answer:

Cognitive psychology

Explanation:

Cognitive psychology has to do with the scientific study of how the mind processes data, information, creativity and also reasoning. Examples of this processes can be seen in thinking, reasoning, making judgements, being able to recognize numbers, memory etc. From this explanation above, we can see that this professors area o specialization is cognitive psychology.

3 0
3 years ago
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