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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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Usimov [2.4K]
The answer is yes.
 Its possible for a firm to become too big to be competitive and earn profit. They can be so large and successful that they no longer compete with small businesses anymore and might inhibit the ability to continue earn their profit. 

6 0
3 years ago
Bailey Corporation. incurred 2,300 direct labor hours to produce 600 units of product. Each unit should take 4 direct labor hour
Harrizon [31]

Answer: C. will be favorable

Explanation:

Variable overhead efficiency variance simply means the difference between the time that it takes to manufacture a particular product and the time that was budgeted for the product.

Since the time incurred for the product was 2300 hours while the budgeted time was (600 × 4) = 2400 hours, then the variable overhead efficiency variance is favorable.

4 0
2 years ago
Credit card A offers an introductory APR of 3.4% for the first 3 months and a standard apr of 15.7% thereafter, while credit car
Liula [17]

Incomplete question. However, I answered based on the information.

Explanation:

We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:

Credit card A

<u>APR for the First 3 months:</u>

4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.

<u>APR for Next 9 months:</u>

15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.

Credit card B:

<u>APR the First 3 months</u>

4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months

<u>Next 9 months:</u>

15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months

Hence, we can conclude,

  • For the first 3 months, Credit Card A is best because it offers lower interest charges.
  • For the next 9 months, Credit Card B is best because it offers lower interest charges.

7 0
2 years ago
Read 2 more answers
Would loaning a friend $10 to buy a movie ticket be an investment? Why or why not
Luden [163]

Answer:

no

Explanation:

An investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.

3 0
2 years ago
A gardener has three herb beds she wishes to plant in a design that consists of three equilateral triangles laid out in such a w
densk [106]
The design is shown in the attached picture. An equilateral triangle has sides that have equal measurements. On the other hand, a vertex is the terminal point of at least two line segments. Therefore, when you join three equilateral triangles sharing a common vertex, that simply means that they have a common point.

8 0
3 years ago
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