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Sati [7]
4 years ago
6

Compare revolving credit and closed-end credit.

Business
1 answer:
jolli1 [7]4 years ago
5 0

The lender and borrower agree to the amount borrowed, the loan amount, the interest rate and the monthly payment, which depend on the borrower's credit rating.Generally, real estate and auto loans are closed-end credit, but home-equity lines of credit and credit cards are revolving lines of credit or open-end.

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Currently, our system is characterized by a lack of fit between what the customer wants and what the SCM system is best able to
andre [41]

Answer:

This question is incomplete, the options are missing. The options are the following:

A) I only

B) II only

C) III only

D) I and II only

E) I, II and III

And the correct answer is the option B: II only: Unless something is done, our firm will not be the most effective and efficient long-term supplier.

Explanation:

To begin with, the concept known as SCM refers to the Supply Chain Management that is the system whose main purpose is to take care of the management of the flow of the services and goods that involves the raw materials needed for the production of the product of the company and also of the work-in-process inventory as well as the finished goods. That is why that this system is the one that is in charge of the whole flow of the product of the company from its origin in the process until the final line that is the consumption of it. Therefore that if there is a lack of fit between what the customer wants and what the SCM is best able to provide then if nothing is done, the firm will not be the most effective and efficient long-term supplier.

7 0
3 years ago
Mary signed up and paid $1,260 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s acco
Karo-lina-s [1.5K]

Answer:

Answer:

$420 of revenue, $840 of deferred revenue

Explanation:

Data provided in the question

Paid amount = $1,260

Given months = 6 months

Number of months = 2 months

For two months, the revenue is

= Paid amount × number of months ÷ given months

= $1,260 × 2 months ÷ 6 months

= $420

Now the deferred revenue is

= Paid amount - revenue

= $1,260 - $420

= $840

Hence, the revenue is $420 and the deferred revenue is $840

6 0
3 years ago
Which of the following defines a means-tested program?
Gekata [30.6K]
The answer is eligibility depends on income.

Means-tested program is an aid to poor and lower-income person. Example of the aid given is food stamp, medicaid, public housing and temporary assistance.
6 0
3 years ago
Read 2 more answers
Why should a person create a budget
kondor19780726 [428]

Answer:

To know what things they should buy and how much they should pay

Explanation:

7 0
3 years ago
Read 2 more answers
Joey has a checking account that charges him $3 per month and gives him up to eight free checks or ATM withdrawals every month.
Andrews [41]
His checking account will cost $96 each year.

Calculation: First off, we find out how much he spends in a year regardless, so $3 x 12 = $36 each year. Next, we find out how much he is charged based on his withdraws and checks by adding his monthly checks to his monthly ATM withdrawals to get $13. Then we subtract $13 by $8 to get $5 because he has to pay $1 per transaction after 8 free transactions each month. Now that we have his additional monthly spending, we multiply the additional $5 by 12 to get $60 per year. Finally, we add the yearly base fee of $36 to the additional yearly fee of $60 to get: $96 each year.
5 0
3 years ago
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