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lesya [120]
3 years ago
10

If a company is concerned about lending money to a risky customer, which one of the following would it not want to do? Require t

he customer to pay cash in advance. Provide the customer a lengthy payment period to increase the chance of paying. Contact references provided by the customer, such as banks and other suppliers. Require the customer to provide a letter of credit or a bank guarantee.
Business
1 answer:
Volgvan3 years ago
6 0

Answer:

either contact reference provided by the customer such as banks and other supplies or require the customer to provide a letter of credit or a bank guanteer

Explanation:

i think it's the last one but it could be ether of these two

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Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment
grandymaker [24]

Answer:

B

Explanation:

Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.

To determine this, we proceed as follows;

Interest payment for the first year = 30000*7% i.e 2100

Principal amount paid = Total amount paid - Interest amount

= 7317 -2100 i.e 5217

Notes payable should be reduced by 5217

4 0
3 years ago
Read 2 more answers
A competitive firm currently produces and sells 7,500 units of output at a price of $2.50 per unit. The firm's average fixed cos
saveliy_v [14]

Answer:

A. $-2,250

B. The firm should continue to operate in the short run because price is greater than average variable cost

C.The firm should exit in the long run because it is making losses

D. In the long run, prices would increase because in a competitive firm, price must equal average cost. As firms exit the industry, supply would fall and this would lead to an excess of demand over supply. As a result, price would rise

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

Profit = Total revenue - Total cost

( $2.50 -  $2.80) × 7,500 = $-2,250

The firm is earning a loss

A firm should shutdown in the short run if price is less than average variable cost.

Average variable cost = average total cost- average total cost

 $2.80 - $0.75 = $2.05

2.50 > 2.05 so the firm should continue to operate in the short run.

The firm should exit in the long run because it is making losses

In the long run, prices would increase because in a competitive firm, price must equal average cost

I hope my answer helps you.

3 0
3 years ago
Marketing managers need the information provided by marketing research for many reasons. Which of the following is not a reason
mel-nik [20]

Answer: is Option D:<u> All of the above are reasons to need information provided by marketing research</u>.

Explanation:

Marketing managers needs information based on the marketing research for betterment of the firm and its productivity. Through marketing research managers assess their current scope of the firm among consumers by calculating many factors. These includes firm's scope and its recognition nationally as well as internationally, consumers affiliation with the product produced by the firm, and to gather the information regarding its competitors. so the right option is D.

6 0
3 years ago
Bradley snapp has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. he plans t
allsm [11]
P = $7,000, principal
r = 6% = 0.06, rate
n = 1, compounding interval
t = 4 years

Calculate the value after 4 years.
A = 7000*(1 + 0.06)⁴
   = $8,837.34

Answer: d. $8,837.34
5 0
3 years ago
The idea that it is often necessary to negotiate a shared meaning in order for satisfying communication to occur relates to whic
tresset_1 [31]

Answer:

Letter c is correct.<u> Environment and noise affect communication.</u>

Explanation:

The communication process is extremely relevant to any business. It is through communication that the action process begins, the expression of ideas and objectives, the exchange of knowledge, interaction and other factors that help the organization to achieve its objectives and goals.

Therefore, in this matter, the most appropriate alternative is that the organizational environment and noise affect communication.

This is because the organizational environment is a reflection of how the communication process is carried out within a company. Through clear, direct and ethical communication, it is possible to transform the company's internal and external environment, the way employees work, create value, improve the perception of stakeholders, reduce noise, and improve the coordination of all processes organizational, which ensures greater possibilities for the organization to be well positioned in the market in which it operates.

6 0
3 years ago
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