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Aleonysh [2.5K]
3 years ago
8

Drag each tile to the correct box.

Business
1 answer:
Fittoniya [83]3 years ago
3 0

Answer:

Convenience checks: consumers use these to reduce their available credit in exchange for cash.

Installment loan: consumers make recurring fixed payments.

Introductory interest free: consumers can enjoy a set period of zero interest credit.

Revolving credit: consumers borrow an amount that they don’t have to pay off by a specific date.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

Credit generally decreases assets or increases liabilities and equity on the balance sheet of an organization.

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3 years ago
Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
Andrej [43]

Answer:

C) Operating, $12,000; financing $6,000.

Explanation:

Interests expenses do no change the notes payable or bond, but results in the reduction of the cash flow of a company. Therefore, the interests paid on both short terms notes payable and interest on long-term bonds will appear under the operating activities section of the cash flow statement.

Dividend appears under the financing activities section of the cash flow statement.

For this question, we therefore have:

Cash outflows from operating activities = Interest on short-term notes payable + Interest on long-term bonds = $2,000 + $10,000 = $12,000

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4 0
3 years ago
You purchase lubricating oil in 55 gallon drums and consume and average of 484 drums per year. Preparing an order and receiving
vladimir1956 [14]

Answer:

EOQ =  ≅ 8

Explanation:

EOQ = √(2SD)/H

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   H= Holding cost = $76

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5 0
4 years ago
Read 2 more answers
For this question, use the Grove Analytics Financials. Calculate 2018 cash from financing activities for Grove Analytics. Hint:
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The 2018 cash from financing activities for Grove Analytics will be calculated as:

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Add: Issued long term debt = 60 - 48 = 12

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Add: Issue of common stock = (40 - 13 - 25) = 2

Less: Dividend paid = (44 + 93 - 95) = 42

Net cash used by financing activities = -36

7 0
3 years ago
What do you prefer local fundraising or global fundraising and why? (just one reason)
MrMuchimi

Answer:

Doing local fundraising for a large organization can sometimes seem complicated and unwieldy.  Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising

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3 years ago
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