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Inessa05 [86]
3 years ago
5

To earn some extra money to pay for college, you have decided to open your own tattoo parlor one block from campus. You come up

with a business plan and realize that you will need financing to get your business off the ground. For each of the following scenarios, is the financing option direct or indirect? a. You fill out an application with an online company that specializes in providing start-up loans funded by a group of banks. b. You appear on a reality show where you pitch your idea to potential investors. Someone likes you, so she writes you a check to get things going. c. You borrow money from classmates and promise to repay them with interest in two years.
Business
1 answer:
Bess [88]3 years ago
4 0

Answer:

a is direct

Explanation:

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A food manufacturer reports the following for two of its divisions for a recent year.
Over [174]

Answer and Explanation:

1. Return on investment is

= Operating Income ÷ Average invested Assets

here, average invested assets is

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division

= $349 ÷ (($2,662 + $2,593) ÷ 2)

= $349 ÷ $2,628

= 13.28%

For Cheese Division

= $634 ÷ (($4,455 + $4,400) ÷ 2)

= $634 ÷ $4,428

= 14.32%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division

= ($349 ÷ $2,681) × 100

= 13.02%

For Cheese Division

= ($634 ÷ $3,925) × 100

= 16.15%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division

= $2,681 ÷ (($2,662 + $2,593) ÷ 2)

= $2,681 ÷ $2,628

= 1.02 times

For Cheese Division, it would be

= $3,925 ÷ (($4,455 + $4,400) ÷ 2)

= $3,925 ÷ $4,428

= 0.89 times

6 0
3 years ago
If you get a department store or gas card, what should you check to make sure it will help your credit score?
Travka [436]
Things that you need to check are:
- Your FICO score (the higher your fico scores will indicates that you're financialy trustworthy)
- Check the balance. Make sure that you always pay all the required balance. Failing to do this will be recorded as failure to complete payments no matter how little it is.
4 0
3 years ago
Read 2 more answers
DESCRIPTION OF THE LAW OF DEMAND
slamgirl [31]

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded

7 0
2 years ago
Dividends Paid and Dividends in Arrears The Glendora Company has 200,000 shares of cumulative, five percent, $100 par value pref
Ierofanga [76]

Answer:

Dividend in arrears $ 1,000,000

Total Dividend       $ 2,000,000  

Explanation:

The dividend at 5% of $100 par value is $5 per unit of shares. Recall, each unit of the preference shares has a par value of $100

Dividend calculation = $5 multiplied by the total unit of shares

previous year shares dividend is 5 x 200, 000 unit of shares = $ 1,000,000

This year total dividend payout will be current year of $1,000,000 plus previous year of $1,000,000 = $2,000,000

7 0
3 years ago
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Why do consumers and producers conduct marginal analyses?
Vedmedyk [2.9K]
Marginal analysis is to examine the added benefits versus the added cost of an activity. Consumers use marginal analysis unknowingly for their decisions everyday. While producers use marginal analysis as a tool for making a decision that will help them maximize their financial gain.
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