1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zarrin [17]
3 years ago
10

A ________ refers to a line of credit that is guaranteed by the bank

Business
1 answer:
denis-greek [22]3 years ago
5 0

revolving credit agreement

You might be interested in
Which of the following best describes a valuable asset used to secure a loan from a lender?
katrin [286]

Answer:

A. Collateral

Explanation:

Collateral is a pledge that is given to a person in exchange for a loan (of something). The pledge could be redeemed after the loan has been returned (along with whatever strings has come attached with borrowing the item).

~

3 0
3 years ago
Marketing research is the process of defining a marketing problem and opportunity. True or False
maxonik [38]

Answer:

TRUE

Explanation:

Market research is the process of defining a marketing problem and opportunity by systematically collecting and analyzing data received, and then giving recommended actions. It involves gathering data about the target market needs, and analyzing such data to determine the need of the target market. It is a process that involve evaluating the possibilities of a new product success through research.

3 0
3 years ago
Determine which of the following statements are correct regarding damaged or obsolete goods. (Check all that apply.)
fenix001 [56]

Answer:

1.  Damaged or obsolete goods are not counted in inventory if they cannot be sold.  

2.  If these can be sold… Cost should be reduced to Net Realizable Value

Explanation:

The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.

Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.

However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'

8 0
3 years ago
Data concerning Bouerneuf Company's common stock follow:Book value oer share 24.00Market Value per share 18.00Earnings per share
natali 33 [55]

Answer:

3

Explanation:

Price - earnings ratio refers to the ratio between the Market price and the Earning per share. The formula for price - earning ratio is as follows:

Given that,

Book value per share = 24.00

Market Value per share = 18.00

Earnings per share = 6.00

Par Value per share = 4.00

Dividend per share = 1.00

P/E ratio = Market price ÷ EPS

              = 18 ÷ 6

              = 3.0

Therefore, the price-earnings ratio would be 3.

4 0
3 years ago
Write the number in word as a number seventeen thousand four hundred thirty three
liq [111]
The number is 17,433
4 0
3 years ago
Read 2 more answers
Other questions:
  • Investors and creditors are particularly interested in this financial statement because it tells them what is happening to the c
    6·1 answer
  • Which of the following statements about cover letters is false?
    15·2 answers
  • In the past giving money to charity was the norm, but that is changing. how?​
    14·1 answer
  • Select the examples of Buying and Merchandising workplaces. Check all that apply.
    13·2 answers
  • Palepu Company owns and operates a delivery van that originally cost $38,080. Straight-line depreciation on the van has been rec
    5·1 answer
  • Luker Corporation uses a process costing system. The company had $160,500 of beginning Finished Goods Inventory on October 1. It
    5·1 answer
  • Maytag Company earns $4.80 per share. Today the stock is trading at $59.25. The company pays an annual dividend of $1.40. a. Cal
    8·1 answer
  • Product, price, place, and promotion are the four elements in the
    6·1 answer
  • What are all Nippon airways 3 Levels of Strategy?
    13·1 answer
  • The Coca-Cola Company uses a job-order costing system. True or False: Job-order costing uses the actual direct materials cost of
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!