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
Kipish [7]
3 years ago
7

If you borrowed $5,000 for four years, that would be a _________________.

Business
2 answers:
seropon [69]3 years ago
7 0
It would be a short-term loan.  A long-term loan usually lasts 10-20 years, the average short-term loan is about 3 years.
mixas84 [53]3 years ago
3 0

Correct option: Long term loan

In finance, short term refers to a period less than one year or 365 days while long term is a period greater than one year or 365 days. Here the borrower is borrowing $5000 for a period of four years which is greater than 365 days. This is why it is a long-term loan. In the personal balance sheet, this loan should be reflected under long term liabilities.


You might be interested in
How do political factors affect businesses
allsm [11]

Answer:

Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. Governments view business organizations as a critical vehicle for social reform. ... Government actions influence the economic environment.

Explanation:

4 0
3 years ago
A reason for government involvement in a market economy is:
larisa [96]

Answer:

d. All of these answers are correct.

Explanation:

A market economy is where production decisions are made by the forces of demand and supply. Means of production are privately owned .

The government intervenes in a market economy for all the above stated reasons.

I hope my answer helps you.

5 0
3 years ago
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
4 years ago
Grossnickle corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. today,
Dima020 [189]
Bond valuation: 
<span>Par value = Maturity value = FV = $1,000 </span>
<span>Coupon rate = 7.5% </span>
<span>Years to maturity = N = 19 </span>
<span>Required rate = I/YR = 5.5% </span>
<span>(Coupon rate)(Par value) = PMT = $75 </span>
<span>PV = $1,232.15</span>
5 0
3 years ago
The relationship between quantity supplied and price is ________ and the relationship between quantity demanded and price is ___
mart [117]

Answer:

direct, inverse

Explanation:

Hope it helps

4 0
2 years ago
Other questions:
  • Why might a broker look at world news and financial data?
    9·1 answer
  • The pier import store has cash of $34,600 and accounts receivable of $54,200. the inventory cost $92,300 and can be sold today f
    11·1 answer
  • Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou
    13·1 answer
  • A corporation has issued 30,000 shares of $50 par common stock and holds 5,000 of these shares as treasury stock. If the corpora
    13·1 answer
  • Those who study management will understand how to ___.
    8·2 answers
  • The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance bef
    7·1 answer
  • Using a combination approach of your own words and research to define a project. What are five characteristics which help differ
    13·1 answer
  • Which is the best choice to explain why human resource manager is so important to organizations
    13·1 answer
  • Now that you have selected the cultural environment, you must predict what the effects of these changes on gerlach's microenviro
    12·1 answer
  • Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 50,200 cages Production time 625
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!