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3 years ago

Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of control

Business

2 answers:

Misha Larkins [42]3 years ago

7 0

Answer:

Revolving credit

Irina18 [472]3 years ago

3 0

The correct answer is revolving credit I hope this helps :)

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Which of the following cash budget equations is incorrect? Multiple Choice Period one ending cash balance = period two beginning

iris [78.8K]

Answer:

Cash payments + cash receipts = cash requirements

Explanation:

The cash budget is a budget which deals in a inflow and outflow of cash. The inflow of cash refers to the incoming of cash through receipts while the outflow of cash refers to the outgoing of cash through payments

It interprets the liquidity of the business organization whether organization has enough cash or it can be borrowed for running its organization

Therefore, the Cash payments + cash receipts = cash requirements is wrong as other equations that are given are right

7 0

3 years ago

Which choice best describes differences in corporate decision-making

sesenic [268]

Answer:

C.WORKERS in the European union are usully move involved in corporate decision-makng

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3 years ago

Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price

almond37 [142]

Answer:

The answer to this question is option C. $560

Explanation:

We can let the price of each hollow pine door = d and of each solid oak door = 2d.

Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.

With a 25% discount, each solid oak door is 0.75(80) = 60.

So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.

Hence the answer is C

6 0

3 years ago

Read 2 more answers

A property is leased for $24,000 per year although market rents are currently $27,500 per year and are expected to increase by 2

zhannawk [14.2K]

Answer:

the present vlaue of the ledased property = $251,298

Explanation:

the free market value in 10 years = ($27,500 x (1 + 2%)¹⁰) / 10% = $335,223

free cash flows year 1 - 9 = $24,000

free cash flow year 10 = $359,223

discoutn rate = 11.5%

using a financial calculator, the present value of the property = $251,298

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3 years ago

How did great britain enforce the payment of taxes.

andrew-mc [135]

Answer:

King George lll sent British soldiers to the colonies to enforce payment of taxes, because colonist sometimes smuggled goods into colonies to avoid paying taxes. ... The items were marked with a stamp to show the tax was paid.

4 0

3 years ago