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
Igoryamba
3 years ago
5

Since commercial finance companies offer loans to higher-risk customers than commercial banks, the interest rates they charge ar

e usually ________ than rates charged by banks.A. higherB. lowerC. more predictableD. subject to lower taxes
Business
1 answer:
Bas_tet [7]3 years ago
3 0

Answer:

The correct answer is (A)

Explanation:

Commercial finance is another way to generate funds, but they come with certain drawbacks compared to commercial banks. Commercial finance usually give loans to customers who are interested in more risky investments.  The interest they charge is usually higher which can only be paid if a client invests in riskier investments to earn higher returns.

You might be interested in
What education do you need for high school
LenaWriter [7]

Answer:

To teach High School, you need a Bachelors degree.

To graduate it, you have to pass English/Language Arts · Mathematics · Science · Social Studies/History · Foreign Languages · Physical Education

5 0
3 years ago
Read 2 more answers
Air France collected cash on February 4 from the sale of a ticket to a customer on January 26. The flight took place on April 5.
expeople1 [14]

Answer:

Air France should have recognized the Revenue in month of  APRIL.

Explanation:

According to the revenue recognition concept the revenue should be recognized when it is realizable. When goods or services are tranferred or rendered to the customer. It doesn't matter matter when the payment is received. Payment received in advance should be recorded as unearned revenue rather as revenue. On the other hand payment doesn't received until the transfer of goods or services, a receivable will be made in result of revenue recognition entry. Air France should recognize the revenue on April 5, when the flight took placed and services are performed. Sale of ticked on January 26 will be recorded as unearned revenue and a receivable on the other hand. The receivable will be adjusted on February 4 when cash is received and the revenue will be recognized on April 5 when flight took place.

7 0
3 years ago
When a temporary negative supply shock hits the economy​ ________.
Naddika [18.5K]

Answer:

C. the divine coincidence does not always hold

Explanation:

When a temporary negative supply shock hits the economy the divine coincidence does not always hold.

7 0
3 years ago
If a 30% acquisition is made at a price above book value due to an undervalued patent and the investor has significant influence
erma4kov [3.2K]

Answer:

A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent.

7 0
3 years ago
When the price of butter was "low," consumers spent $5 billion annually on its consumption. When the price doubled, consumer exp
faust18 [17]

Answer:

The correct answer is: No, this situation is impossible.

Explanation:

To begin with, in the reality the situation with the demand curve is all the opposite. The <em>law of demand</em> establishes that there is an indirect relationship between the price of a product and its quantity demanded in the market, therefore that when the price of a good increases then its quantity demanded decreases. And it is by logic as well, because no one will buy more of something if the products is more expensive than it was before. Therefore that the situation in the text is impossible and it could only be opposite.

7 0
3 years ago
Other questions:
  • On January 1, 2019, $40 million face amount of 5%, 20-year bonds were issued. The bonds pay interest on a semiannual basis on Ju
    10·1 answer
  • 4. Describe a nonprice competition strategy that you have seen a company use. Do you think this strategy was effective? Why or w
    12·1 answer
  • The most economical way to purchase large items, such as fumiture, is to buy with
    15·1 answer
  • Suppose a stock had an initial price of $70 per share, paid a dividend of $2.30 per share during the year, and had an ending sha
    11·1 answer
  • A bank money manager estimates that the bank will experience a liquidity deficit of $400 million with a probability of 10 percen
    9·1 answer
  • A perfectly competitive firm maximizes its profit by________.
    7·1 answer
  • ordinary annuity payments are made: a) at the end of the period b)yearly c)monthly d)at the beginning of the period e)none of th
    8·2 answers
  • The advanced industrial nations of the West committed themselves after World War II to removing barriers to the free flow of goo
    14·1 answer
  • One of the reasons that organized crime has been around so long is that it provides goods and services that society wants.
    12·1 answer
  • The Homestead Strike of the Iron and Steel workers in Homestead, PA is representative of the struggle in the late 1800's between
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!