The Cash Collection from the Credit sales in the Month of December is $130,300.
Credit (from the Latin verb credit score, which means "one believes") is the agree with which permits one party to offer money or resources to any other celebration in which the second birthday celebration does not reimburse the primary birthday party at once (thereby producing a debt), however, guarantees both to repay or go back those resources (or different substances of identical price) at a later date. In different words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated humans.
The assets provided may be financial (e.g., granting a loan), or they'll encompass items or offerings (e.g., client credit score). credit score encompasses any shape of the deferred fee. a credit score is extended by means of a creditor, also called a lender, to a debtor, additionally called a borrower.
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Answer:
B) MC = $15
Explanation:
Base on the scenario been described in the question, the marginal cost (MC) is calculated using the following formula
To calculate marginal cost, divide the difference in total cost by the difference in output between 2 systems.
MC = 30-17/20-17
MC = $15
Answer:
C. by an amount greater than the decrease in reserves.
Explanation:
Due to the deposit multiplier which is determined by the required ratio reserve, the amount of checkable deposits decrease much more than the amount of decrease in the reserves.
It works as detailed:
Deposit Multiplier ∆D = (1/rr) × ∆R where the variation of "D" is determined by the "rr" (Ratio Reseserve) times "R" (Changes in Reserves.)
If the "rr" it's keep at the same level then a change in the "R" (Reserves) will have an impact in the "D" (Deposit) multiplied by the "1/rr".
In build-borrow-or-buy framwork,a firm's internal resources are considered to be relevant when they are of capital in nature.
Given an incomplete sentence related to build- borrow-or-buy framework.
We are required to fill the sentence so that we will get an appropriate meaning of the sentence.
In build-borrow-buy-framework a company needs to determine whether it has to fulfil its empty or semi empty resources through building the resources, borrow the resources or simply buy the resources.
In build-borrow-buy- framework the company needs to keep in mind the decision when the resources are capital in nature because it involves huge money and it involves huge risk.
When company has to build the capital asset then it involves huge cost and the company needs to determine its budget.
When company has to borrow the capital asset then there is less requirement of funds at one point of time. For example: rent of asset,etc.
When company has to buy the capital asset then the company needs to determine how many years that asset can give the company.
Hence in build-borrow-or-buy framework,a firm's internal resources are considered to be relevant when they are of capital in nature.
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