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zalisa [80]
3 years ago
6

Which of the following statements best defines the term credit according to the text?

Business
1 answer:
polet [3.4K]3 years ago
5 0
<span>B. A loan which is repaid with interest in monthly payments

</span>
You might be interested in
A financial economist is studying married couples in which both spouses work. He wants to compare the mean income earned by husb
photoshop1234 [79]

If the husband's income is sufficient for the family then it may be possible that the wife is dependent upon on husband. So dependent sample will be used. Hence, option "Dependent sampling. He needs to select couples for his sample, so whether a particular wife is included depends on whether her husband is included." is correct.

Net income is the difference between sales and the cost or expenses incurred with the aid of an enterprise in a specific accounting length. it is also referred to as the profit of an enterprise. profits lead to growth inside the fee of assets in an enterprise.

Income is the cash obtained by someone (people or enterprise) periodically on every day, weekly, month-to-month, or every year foundation. earnings include financial in addition to non-financial values of allowances and perquisites. All profits are taxable below earnings tax unless expressly exempted.

Learn more about Income here: brainly.com/question/25745683

#SPJ4

7 0
1 year ago
Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her h
polet [3.4K]

Answer:

Helen decided to rent her shop in this location.

Explanation:

Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.

7 0
3 years ago
(TCO B) WordPerfect Corporation noticed that the more of its word processing software packages it sold, the more customers compl
vodka [1.7K]

Answer:

a. steadily improve its word processor software.

Explanation:

<em>Remember,</em> although we are told WordPerfect Corporation customers complained they also suggested improvements. Meaning, the product isn't entirely bad but needs some improvements.

Instead of developing a completely new program or discontinue production, It makes logical sense for them to improve the word processor software to fit the needs of the customers.

7 0
3 years ago
A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Sa
djverab [1.8K]
For the answer to the question above,
Revenue . . . . . . . . . . . . . . . . . . . .4,500

less: Expenses
Rent  . . . . . . . .750
utilities . . . . . . 150
Salaries . . . . . .2400
Insurance . . . . .225
(Since you are just in highschool I would assume insurance is expense, because there are insurance that are Payables and not expense)
Total  . . . . . . . . .  . . . . . . . . . . . . . 3525

Net income . . . . . . . . . . . . . . 975
I hope my answer helped you. feel free to ask more questions. have a nice day!
6 0
3 years ago
On October 1, 20XX, Bartley Corporation issued 5%, 10-year bonds with a face value of $500,000 at $520,000. The entry to record
babymother [125]

Answer:

b) credit of $520,000 to Bonds Payable

Explanation:

Date        Accounts titles and explanation       Debit        Credit

Oct. 1       Cash                                                  $520,000  

                       Premium on bonds payable                       $20,000

                       Bonds payable                                            $500,000

               (To record the issuance of bond at premium)

5 0
3 years ago
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