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Misha Larkins [42]
3 years ago
9

A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil

l have the necessary funding to complete the project. The firm may ask a bank for which of the following to allow it to obtain the permits? (I) Commercial letter of credit (II) Loan commitment (III) Credit line (IV) Repurchase agreement
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer: Loan commitment or credit line

Explanation: A loan commitment refers to a promise under which the lender commit to provide a loan of a specified amount to the borrower. Similarly, a credit line refers to the amount of money that a credit card holder can use from that account.

In the given case, the construction firm wants to show that they can have necessary funding. Thus, they can use above tools to show that they have the back of banks in case of providing funding.

Thus, the correct option is C or D .

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It’s up to you to do some research on a company before an interview. Recruiters will expect that you’ve done your homework, and
Inga [223]

Answer: what to expect in an interview session

Explanation:) because good person-organization fit is linked to higher task performance, better work attitudes, lower intentions to quit, and less job stress; and  

(2) because showing up at an interview having done your research shows recruiters that you took the time to learn about the business and prepares you to ask good questions. The goal of this exercise is to challenge your knowledge of the seven things you should learn about  acompany before showing up for an interview .  Every Recruiter expect that you know what you are doing and also brush yourself up with information on your Resume and the company in question

4 0
2 years ago
Doubling the circumference of an oil pipeline more than doubles the volume of oil that can be pumped through. This strategy is c
Alika [10]

Answer:

Economies of scale

Explanation:

Economies of scale is described as the cost benefit or advantage which is experienced through the firm, when it rises the output level. Under economies of scale, the fixed costs did not vary or change with decreases or increases in the units of the production volume and the variable costs are dependent with rise in the output.

So, in this case, when the circumference is doubled of the oil pipeline, more than the volume doubles. This technique is selected through the large firms or business as it will result in the economies of scale.

4 0
3 years ago
The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
Likurg_2 [28]

Answer:

Direct material quantity variance= $992 unfavorable

Explanation:

Giving the following information:

Standard quantiy= 8kg

Standard cost= $0.8 per kilogram

Production= 870 unit

8,200 kilograms of the raw material was purchased for $6,888.

To calculate the material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 870*8= 6,960kg

Direct material quantity variance= (6,960 - 8,200)*0.8

Direct material quantity variance= $992 unfavorable

7 0
3 years ago
You just acquired a home mortgage for 30 years in the amount of $184,500 at 4.65 percent interest, compounded monthly. How much
alex41 [277]

Answer:

EMI=P*r * (1+r)^n/(1+r)^n-1

Where EMI= equal monthly installments

P=Principal amount

r=rate of interest

n=numer of periods

Explanation:

P=$184,500

r=4.65%/12=.3875%

n=30*12=360

EMI=$184,500*.3875%*(1+.3875%)^360/((1+.3875%)^360-1)

EMI=$951

Interest in first monthly installment=$715

Principal Amount in first monthly installment=$236

7 0
2 years ago
In 2014, paxson incurred a net loss of $2,500. no dividends were declared or paid during 2014. what was paxson's retained earnin
tensa zangetsu [6.8K]

Paxson's retained earnings balance one year earlier on December 31, 2013 was $24,500.00

8 0
3 years ago
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