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antiseptic1488 [7]
3 years ago
7

What would be two things you may want to use installment credit for in the future?

Business
1 answer:
Marat540 [252]3 years ago
3 0

Installment credit is a loan with specific Monthly Payments, Terms, and Interest. These loans can be used to buy homes or cars and are effective for starting a business.

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11. If you saw an employee take damaged merchandise that had been thrown away, what would
goldfiish [28.3K]
The answer they're looking for is that you will tell a supervisor. If the question ever involves theft or mistreatment of customers they always want to hear that you'll report the person.
8 0
3 years ago
Why should firms with promising investment opportunities strive to maintain a conservative capital structure, i.e., limited leve
Crazy boy [7]

Answer:

The answer is to assure funding for future assets.

The answer is because of lack of sufficient operating cash flow.

Explanation:

Companies with promising investments opportunity typically have valuable intangible assets whose value would decline sharply if the company would go into financial difficulty, its important for such company to maintain a financial flexibility that comes with a conservative capital structure to assure funding for future assets.

   Poor cash flow is when the income cash flow is insufficient to meet the outgoing cash flow needs of a business and this can also lead to inability to raise additional equity force.

7 0
3 years ago
g The perfectly competitive firm's supply curve: Group of answer choices coincides with its perfectly elastic demand curve. is t
natulia [17]

Answer:

is the firm's marginal cost curve above the minimum point on the AVC curve.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Hence, a perfectly competitive firm's supply curve is the firm's marginal cost (MC) curve above the minimum point on the average variable cost (AVC) curve.

8 0
2 years ago
In reviewing the firms whose stocks comprise the Dow Jones Industrial Average, we discover: a) There is an even mix between big
Svetach [21]

Answer:

C, is the correct answer.

Explanation:

7 0
3 years ago
Great Lake Glassware Company issues $ 1 comma 197 comma 000 of its 12​%, 10minusyear bonds at 95 on February​ 28, 2018. The bond
Wewaii [24]

Answer:

Dr interest expense 74,812.50

    Cr Cash 71,820

    Cr Discount on bonds payable 2,992.50

Explanation:

the cash interest payments = principal x coupon rate x 1/2 (semiannual) =$1,197,000 x 12% x 0.5 = $71,820

since the bonds were sold at a discount, we must add the discount amortization = [($1,197,000 x 5%) / 10 years] x 1/2 = $5,985 x 0.5 = $2,992.50

total interest expense = $71,820 + $2,992.50 = $74,812.50

So the journal entry should be:

Dr interest expense 74,812.50

    Cr Cash 71,820

    Cr Discount on bonds payable 2,992.50

5 0
3 years ago
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