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Verdich [7]
3 years ago
10

Which statement best describes the role of a credit agency?

Business
1 answer:
tekilochka [14]3 years ago
3 0

Answer:

The statement best describes the role of a credit agency is "It tracks the use of credit for lenders"

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Racicky was in the process of buying 320 acres of ranchland. While that sale was being negotiated, Racicky signed a contract to
deff fn [24]

Answer:

The correct answer here is Restitution.

Explanation:

The remedy which is available here to Simon is restitution ( termed as Restitutionary damages), according to this remedy a injured party ( Simon in this case ) would be compensated for the losses or damage that he has suffered because of the actions of the defendant ( Racicky in this case ). So here Racicky has to submit any gain that he has received by causing damage to the Simon.

Here expectation can't be the answer because Racicky is now bankrupt and specific performance can't be the answer because Racicky is not the owner of the land , he hasn't bought it because he has gone bankrupt.

5 0
2 years ago
On May 1, Shilling Company sold merchandise in the amount of $5,800 to Anders, with credit terms of 2/10, n/30. The cost of the
Illusion [34]

Answer:

The journal entry that is to be recorded on May 1 is shown below:

Explanation:

May 1

The first entry to be posted:

Accounts Receivable A/c...................Dr     $5,800

       Sales A/c............................................Cr      $5,800

As the company made a sale, so the sale is credited and it made against the accounts receivable. Therefore, accounts receivable account is credited.

The second entry to be posted is as:

Costs of goods sold A/c....................Dr   $4,000

       Merchandise inventory A/c...................Cr   $4,000

The cost of the goods sold amounts to $4,000. So, the account of COGS is debited and it is against the inventory. Therefore, the merchandise inventory is credited.

8 0
3 years ago
POSSIBLE POINTS:
77julia77 [94]

Answer:

Bob must use  $4,000 newspaper ads in two numbers

Explanation:

As given in the question -

Total number of people affected by $5,000 TV ad = 250

Total number of people affected by  two $5,000 TV ad = 2* 250 = 500

Total number of people affected by $5,000 TV ad = 280

Total number of people affected by two $5,000 TV ad = 2* 280 = 560

Hence, more number of people are affected by two news paper adds of $4,000

8 0
3 years ago
Which companies entry into the Chinese market resulted in their brand being translated as 'bite the wax tadpole
dlinn [17]
Coca Cola? I might be wrong but I'm pretty sure
3 0
3 years ago
Imagine that a local water company issued $10,000 ten-year bond at an interest rate of 6%. You are thinking about buying this bo
mylen [45]

Answer:

Explanation:

The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;

Time to maturity; N = 10 - 9 = 1

Annual interest rate; I/Y = 9%

Annual coupon payment; PMT = 0

Face value of the bond; FV = 10,000

then compute present value ; CPT PV = $9,174.31

Therefore, you will pay less than $10,000 for the bond and the price would be  as above $9,174.31

6 0
2 years ago
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