Answer: Retires $20,000 (000) in long-term
Explanation:
The action that will expose Digby to the most risk of needing a loan is the one that will involve using the most cash that the firm has.
By retiring Long term loans of $20,000 (000), Digby runs the risk of needing an emergency loan in the future because they did not take enough action to finance the company vs the amount in the cash balance that will be spent if they do indeed retire long term loans of that amount.
They have $19,743 (000) and yet only issued 100 (000) shares and $200 (000) of long-term debt. Should they payoff $20,000 (000), their cash flow will take a drastic hit which increases the likelihood of needing an emergency loan.
Answer:
Payment History
Explanation:
The credit score is highly dependable under the behavior of the payment history as creditors ultimate goal when using this grade is to assure that the money that is lend will be returned by the borrower.
Answer:
b. Suggestion 2
Explanation:
Suggestion 2 will increase the demand for public transportation because private transportation is a substitute. If it is expensier to use private transportation, some people that before used private transportation will start using the public one. Suggestion 1 and 3 will not increase demand (shift the demand curve in the demand and supply graph), they will result in changes in the quantity demanded (movements along the demand curve).
Answer:
The answer is timeshare
Explanation:
A timeshare is a way for a number of people to share ownership of a property. Timeshare is fractional ownership in a vacation property. Each buyer usually purchases a certain period of time in a particular unit. Almost all timeshares are resort or vacation properties.
Answer:
Explanation:
To answer this question comprehensively, we are expected to prepare the journal entries <u><em>(which is the act of making or keeping the records of any transactions either for non economic or for Economic purposes. The Transactions are scheduled in an accounting record book and it reveals a company's debit and credit balances.)</em></u> On December 31, 2019, May 11, 2020, and June 12, 2020.
kindly check the attached images below to get the diagram showing all the step by step journal entries we are to prepare.
