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inn [45]
3 years ago
5

If you borrow money from a lending institution and agree to pay back the original amount plus the accrued interest, what does it

signify?
A.
credit from the lending institution
B.
you are a creditor in the Lending institution’s account
C.
the lending institution has debited its account
D.
your personal account shows cash outflow
E.
lending institution shows cash inflow
Business
1 answer:
drek231 [11]3 years ago
3 0

Answer:

Option A.

Explanation:

Bank credit refers to the total amount of credit which is available to an individual or a business from a banking institution. It is the total amount of combined funds which financial institutions can provide to an individual or business.

A business or an individual's credit approval will depend on the following:

- borrower's credit rating,

- income,

- collateral,

- assets,

- pre-existing debt,

- total amount of credit available in the banking institution, etc.

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Walter had to invest. He split the money into three types of investment: small caps earning , global market investments earning
Viktor [21]

Answer:

a big number

Explanation:

6 0
2 years ago
Kaspar Industries expects credit sales for January, February, and March to be $202,100, $264,200, and $319,300, respectively. It
Wittaler [7]

Answer:

January $151,575

February $248,675

March $305,525

Explanation:

The computation of the cash collections is shown below:

January month

= January credit sales × month of sale collection percentage

= $202,100 × 75%

= $151,575

February month

= January credit sales × following month collection percentage + February credit sales  × month of sale collection percentage

= $202,100 × 25% + $264,200 × 75%

= $50,525 + $198,150

= $248,675

March month

= February credit sales × following month collection percentage + February credit sales  × month of sale collection percentage

=  $264,200 × 25%+ $319,300 × 75%

= $66,050 + $239,475

= $305,525

3 0
2 years ago
What happens to the equilibrium price when supplies goes down
wariber [46]
An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
3 0
3 years ago
What will be the 90% ROI of $50,000 in 1 week ?
elixir [45]

Answer:

$45000

Explanation:

Amount of investment= $50000

ROI= 90%

ROI could be calculated for any specific period of time, it could be week, months, years, etc

Now, lets find out return of investment.

Return of investment= \frac{90}{100} \times 50000 = \$45000

∴ Return of investment in 1 week is $45000.

6 0
3 years ago
How did the contribution of the goods producing sector to GDP growth change between 2010 and 2011
SVETLANKA909090 [29]

Answer:

B) It fell by 2.3%.

Explanation:

The main reason why the contribution of manufacturing goods has decreased is that more goods are being imported from China and other countries. More people are switching from low paying manufacturing jobs to high paying service jobs.

Manufacturing jobs have been decreasing during the last decades while service jobs have been continuously increasing. Currently service jobs account for more than 70% of total employment.

7 0
3 years ago
Read 2 more answers
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