1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
3 years ago
12

Lois wants to start an art gallery. However, because of lack of adequate funds, she decides to borrow money from a bank. The ban

k is hesitant to give money to Lois because it cannot verify whether her business would be able to earn enough profit to repay the borrowed amount within the stipulated period. However, after a thorough research, the bank grants her the money. In the given scenario, Lois uses _____ to fund her business.
A. crowdfundingB. a loanC. venture capitalD. a credit card
Business
1 answer:
IRINA_888 [86]3 years ago
8 0

Answer: Loan

Explanation: In simple words, loan refers to lending of money by one entity or a group of entities to some other party. The individual or organisation taking the loan have to repay it in installments in a specified period. The installment repaid is a sum of principal and the interest charged.

In the given case, Lois borrowed money from a bank and is liable to repay that loan within a specified time period.

Hence from the above we can conclude that the correct option is B.

You might be interested in
As it advances on the ________, Boston Market has added pickup, delivery, and full-service catering to its original restaurant f
Andre45 [30]

Answer:

d. retail positioning matrix  

Explanation:

In the example, it is noted that Boston Market has added value to its original restaurant format (with pickup, delivery...) on the one hand. On the other hand, they broadened the product line with the grocery foods. The two factors imply the axes of the <em>retail positioning matrix.</em>

The <em>retail life cycle</em> is an often confused topic that is similar to the <em>product life cycle</em> (which is related to products and services exclusively) conceptually.  It consists of the following phases: innovation, growth, maturity and decline. Although this example can be correlated to the <em>innovation </em>phase of the retail life cycle, we cannot pinpoint the Boston Market's place on the retail life cycle curve, as we do not have info about its competitors, market share and other external info. Therefore, we cannot detect whether the company is in its up or down phase.

The <em>wheel of retailing</em> is an irrelevant concept, which refers to the tendency that most retailers enter a market in an extremely competitive manner (low cost, for example) and then becomes more exclusive (high cost, better reputation...).

3 0
3 years ago
any time patients state that they receive medicaid, they must present a valid medicaid identification card because eligibility,
iren2701 [21]

Any time patients state that they receive Medicaid, they must present a valid Medicaid identification card because eligibility, in many cases, will rely upon the patient’s Monthly income.

<h3>What is Medicaid?</h3>

Medicaid provides health coverage to many Americans, including eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.

To know more about Medicaid go to the given link:brainly.com/question/535720

#SPJ4

5 0
1 year ago
he town of Rock River decides to put a new road through the middle of town to increase tourist traffic. To build the road, the t
Neporo4naja [7]

Answer:

the due process clause

Explanation:

It is likely that the town has violated the due process clause of the Constitution. This is a clause found in the fifth and fourteenth amendments to the United States Constitution and ultimately acts as a safeguard from arbitrary denial of life, liberty, or property by the government outside the sanction of law. Which the government is violating since they cannot just simply decide to tear down buildings and force individuals to vacate.

5 0
3 years ago
On January 1, 2020, Rainbow Company paid cash to purchase an automobile. The car dealer gave Rainbow a $3,000 cash discount off
zaharov [31]

Answer:

Rainbow Company

The percentage depreciation Rainbow will use is:

= 40%

Explanation:

a) Data and Calculations:

Purchase (list) price =   $31,000

Cash discounts =            (3,000)

Additional interior cost   5,000

Net purchase price = $33,000

Salvage value =             (5,000)

Depreciable amount = 28,000

Estimated useful life = 5 years

Double-declining-balance method of depreciation:

Depreciation rate = 100/5 * 2 = 40%

Estimated usage for the car = 140,000 miles

Annual usage:

Year 1 = 20,000

Year 2 = 30,000

Year 3 = 40,000

Year 4 = 30,000

Year 5 = 20,000

January 1, 2026 sales proceeds = $6,000

3 0
3 years ago
Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co. (All dollar
Sati [7]

Answer and Explanation:

The preparation of the income statement is presented below:

Revenue:  

Sales  $35,800

Less: Expenses:  

Cost of Goods Sold -$8,900

Selling & Adm. Exp. -$8,100  

Research & Dev. Exp. -$5,500  

Income Tax -$2,300  

Net Income $11,000

We simply deduct all the expenses from the revenue so that the net income could arrive

4 0
2 years ago
Other questions:
  • A car dealer promises to give a $5,000 bonus to the first salesperson who sells 10 cars this week. Which type of contract is thi
    11·1 answer
  • A company has issued 100,000 options of which 50,000 are "in the money at an average exercise price of $15.00. The Company’s sto
    5·1 answer
  • 21. Preferred stock pays quarterly dividend of $3 a share. If investors require 12% return on a stock of a similar risk level, w
    7·1 answer
  • A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the
    6·1 answer
  • Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2012.
    13·1 answer
  • Cash paid to retire notes $ 112​ Common shares acquired for treasury 172​ Proceeds from issuance of preferred stock 254​ Proceed
    15·1 answer
  • Indicate what happens to each of the following when the price level​ decreases:
    8·1 answer
  • The capital gains (losses) netting process for taxpayers without 25 or 28 percent capital gains requires them to (1) net short-t
    9·1 answer
  • Identify the events that relate to process gains. Event 1: A group of individuals who spend time together are seen as a group al
    7·1 answer
  • a 16-year-old applied for a conventional loan in order to purchase a condominium. the lender denied the application, citing the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!