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4 years ago

How is a line of credit different from a loan?

1 answer:

4 0

A line of credit is similar to a credit card in that it is a flexible borrowing solution. You can draw on this revolving loan simply by writing a check. you are also able to borrow any part of your credit line again once you have paid it off. <span />

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Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate off

Rainbow [258]

Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate office. this is an example of <u>telecommuting.</u>

<u></u>

Communication (from the Latin communicate, meaning to share or relate) is "the apparent response to the painful division between self and other, private and public, inner thought and outer world.

As this definition suggests, communication is difficult to define in a consistent way because, in common usage, communication refers to a very wide variety of actions involved in the dissemination of information.

Peters argues that the difficulty in defining communication stems from the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. doing.

learn more about Communication here. brainly.com/question/26152499

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3 0

2 years ago

Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following d

Marina CMI [18]

Explanation:

a. Current assets = $600000

Current ratio = 3

Current ratio = Current assets ÷Current liabilities = 3

⇒Current assets = 3 Current liabilities

Given that

Quick ratio = 2.25

Also we know that

Quick assets = Quick assets / Current liabilities = 2.25

therefore, Quick assets = 2.25 Current liabilities

Also, Quick assets = Current assets - Inventory

then,

2.25 current liabilities = 3 Current liabilities - $150000

⇒$150000 = 0.75 Current liabilities

Hence, Current liabilities = $200000

Current assets = 3 Current liabilities

= 3 × $200000

= $600000.

b. Calculating for Shareholders equity we get

Shareholders equity = $560000

We know that ,

Total debt + Total equity = Total assets

Debt to equity ratio = 1.5

Also, Total debt / Shareholders equity = 1.5

Debt = 1.5 Shareholders equity

1.5 Shareholders equity + 1 Equity = $1400000

2.5 Shareholders equity = $1400000

Shareholders equity = $560000.

Now calculating for Non current assests

c. Non Current assets = $800000

Total assets = Current assets + Non current assets

$1400000 = $600000 + Non current assets

Non current assets = $800000.

d. Long term liabilities = $640000.

Total assets = Total liabilities + Shareholders equity

$1400000 = Current liabilities + Long term liabilities + Shareholders equity

$1400000 = $200000 + Long term liabilities + $560000

Long term liabilities = $640000.

7 0

3 years ago

Jim enjoys the feeling of wind in his hair enough to ride his motorcycle without a helmet, even though he fully realizes the pot

mezya [45]

Answer:

Making a rational choice

Explanation:

The philosophy of rational choice claims that people use logical judgments to make rational decisions and deliver results that are consistent with their very own personal goals. Such findings are also linked with the highest, self-interests of a person.

The philosophy of rational decision is based on the conjecture of intervention of rational agents who are the people in a system making rational decisions based on rational judgments and knowledge that is rationally accessible. Rational individuals form the foundation of the philosophy of rational decision and are what makes the concept of rational choices efficient.

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3 years ago

The NFL often sets their ticket prices below the equilibrium price. The NFL is setting a ______ that will create a ______.

PilotLPTM [1.2K]

The answer is <span>Price ceiling, shortage
Price celing will set up a certain number where the maximum price of a certain product could be sold.
By setting price ceiling, the price will appear more acceptable among buyers which caused a massive demand and will eventually lead to shortage.
</span>

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3 years ago

If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country

Nostrana [21]

If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country A has a(n): $2 billion trade surplus with country B.

<h3>What is long run market in business?</h3>

When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.

The term "long run" refers to a time frame during which all cost and production elements are movable. A business will eventually look for the production technology that will enable it to produce the necessary level of output for the least amount of money.

The long run is a theoretical concept in economics where all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, where there are certain restrictions and markets are not completely in equilibrium, contrasts with the long-run.

To know more about long run market, refer:

brainly.com/question/14145469

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7 0

2 years ago