Option D
Revolving credit agreement short-term financing sources Kenneth utilizes to fund his business in the given scenario
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Explanation:</u></h3>
Revolving credit means is a line of credit that is established among a bank and a business. It has an organized peak amount, where the firm has a way to the funds at any time when demanded. It is required for companies that may seldom hold low cash surpluses to continue their networking capital demands.
Because of this, it is frequently regarded as a kind of short-term funding that is normally paid off suddenly. To begin the loan, a bank may impose a commitment fee. This remunerates the bank for holding an open way to a potential loan, where interest fees are only initiated when the revolver is carried.
To complete the statement above, research indicates that the
efficiencies of managing through centralized control may be ‘greater’ when
operating the environments of divisions in multidivisional organizations are
relatively ‘stable and predictable’. It is because when there is a presence of
stable and predictable in operating the environments of division in
multidivisional organization, there will likely be a result of their managing
to be more effective because it is not destructive but stable.
Answer:
SCORE
Explanation:
<em>"SCORE’s mission is to foster vibrant small business communities through mentoring and education."</em>
SCORE is a national network of volunteer business mentors that helps small businesses grow. According to their website, they have already provided mentorship to more than 11 million entrepreneurs.
SCORE is currently a resource partner of SBA (Small Business Administration) and works with more than 10,000 volunteers.
Answer:
Firm A should accept the project beacause it has high required rate of return which means low risk involved.
Explanation:
Rate of return = risk free return + Beta ( market risk premium)
Firm A
rate of return = 0.045 + 1.2 (0.07)
= 0.045 + 0.084
= 12.9%
Firm B ;
rate of return = 0.045 + 0.9(0.07)
= 0.045 + 0.063
= 10.8%
