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makkiz [27]
3 years ago
5

8. Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of

Business
2 answers:
zepelin [54]3 years ago
6 0

Answer:

other dude got it

the type of credit that requires borrowers to carefully manage debt so that it doesn't get out of control is revolving credit

Explanation:

♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥

torisob [31]3 years ago
3 0

Answer:

the type of credit that requires borrowers to carefully manage debt so that it doesn't get out of control is revolving credit

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EEE Corp. reports the following information for the fiscal year. (in $ million) Revenue $7,015 Expenses $3,890 Beginning retaine
Naily [24]

Answer:

See below

Explanation:

First we will compute the ending retained earnings

= Beginning retained earnings $4,615 + Revenue $7,010 - Dividends $500

= $11,125

Then , the total assets of EEE corp. would be

= Capital contributed $820 + Retained earnings $11,125 + liabilities at year end $5,225

= $17,170

4 0
3 years ago
Managerial accounting is different from financial accounting in that: Multiple Choice Managerial accounting is more focused on t
miss Akunina [59]

Answer:  Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.

Explanation: Managerial accounting is the type of accounting under which the managers use the accounting estimates and make several assumptions to make decisions that can affect future results of business operations.

Under financial accounting recording, summarizing and presentation of data in a financial statement is done. It is used to keep track of the past transactions hence no assumptions are needed to make for important aspects.

8 0
3 years ago
In your own words, how do you define the concept of economics? Describe some
Andreas93 [3]

Answer:

Explanation:

Economics is a social science needed with the production, distribution, and consumption of goods and services. It studies how we, businesses, governments, and nations make choices about how to assign resources.

8 0
3 years ago
Residents of the town of Maple Grove who are connected to the municipal water supply are billed a fixedamount monthly plus a cha
Lina20 [59]

Answer:

Household using 1000 cubic feet: charge per cubic foot is $0.04

Household using 1600 cubic feet: charge per cubic foot is $0.034375

Explanation:

Household using 1000 cubic feet

Bill = $40

Volume of water used = 1000ft^3

Charge per cubic foot = $40/1000 = $0.04

Household using 1600 cubic feet

Bill = $55

Volume of water used = 1600ft^3

Charge per cubic foot = $55/1600 = $0.034375

3 0
3 years ago
The argument that industries should be temporarily protected by tariffs or quotas to allow firms to develop a competitive produc
olga55 [171]

Answer: infant industry argument

Explanation:

The infant industry argument simply means that the new industries in a particular economy should be protected at all cost from the multinationals or already developed foreign firms so that they themselves can grow and that the foreign firms will not hinder their progress and growth.

This usually applies to small and newly established firms. One of the main reason for taxation is to help protect such industries from competition thqt can hinder them.

8 0
3 years ago
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