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

What economic benefit has the debt reschedule for developing countries?

diamong [38]

Answer:

The main economic benefit that debt rescheduling has for developing countries is that it changes principal and interest payments to more favorable conditions.

This means that after the reschedule, developing countries will have to put less resources into the payments of public debt, which allows them to have more resources available for other public investments like education, healthcare, and infraestructure.

8 0

4 years ago

Which type of insurance has flexible premium payments? A. automobile liability insurance B. earthquake insurance C. index univer

vlada-n [284]

The best answer here would be
C.) index universal life insurance.
With life insurance it's not required by the state, therefore, you get to choose a specific plan that fits your desire for payments.

6 0

4 years ago

Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit

Morgarella [4.7K]

The optimal use of the field during summer season is to provide the field to the bird watching society.

The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.

But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.

Learn more about field here: brainly.com/question/7227990

Learn more: brainly.com/question/26053891

4 0

3 years ago

Why is there a disagreement among financial analysts and finance professors over applying accrual accounting rules to raw cash f

Firlakuza [10]

Based on contemporary issues, the reason for the disagreement among financial analysts and finance professors over applying accrual accounting rules to raw cash flow data is that "<u>the disagreement is over the complexity of accrual accounting rules for a company.</u>"

<h3>What are accrual accounting rules?</h3>

Accrual accounting rules are the accounting principle that ensures transactions are recorded when it occurs, with or without receiving the actual cash flows for the transaction.

However, despite the many merits of accrual accounting, its application is more complex than most smaller businesses don't want to use it.

Hence, in this case, it is concluded that the correct answer is "<u>the disagreement is over the complexity of accrual accounting rules for a company."</u>

Learn more about accrual accounting here: brainly.com/question/25817056

3 0

3 years ago

Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

notsponge [240]

Answer:

$50,094.8

Explanation:

Flexible Budget are budget prepared by taking the actual activity level achieved at standard cost/price. WHILE

q is taken as the actual level of activity which is 240 diving hours.

Puget Sound Divers

Flexible Budget For the Month Ended May 31

Revenue ($440.00 ×240) $105,600

Expenses:

Wages and salaries ($11,800 + $128.00×240) $42,520

Supplies ($3.00 ×240) $720

Equipment rental ($2,100 + $22.00 ×240) $7,380

Insurance ($4,000) $4,000

Miscellaneous ($530 + $1.48×240) $885.2

Total expense $55,505.2

Net operating income ($105,600- $55,505.2) $ 50,094.8

Net operating income =Revenue - Total expenses

3 0

3 years ago

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