Answer:
Yes they can be used to purchase goods or invest in a business.
Explanation:
Loans from formal channels like banks and government agencies are usually given for an specific purpose if you own a business or can be handed out for any type of personal use if you request them as an individual. This applies to developed and developing countries.
Loans from informal channels can also be used by a business, specially small businesses, and obviously personal use. Large businesses will probably not take a loan from an informal channel since the interest rates will probably be higher and the amounts will be too small. But even on developed countries, someone who has just graduated can ask his/her parents or a friend for a loan to start a small business or buy a car. Informal channels are based on personal relationships and even though they don't represent a large percentage of loans in developed countries, they also exist.
Answer:
The 2016 statement of cash flows would show net cash flow from financing activities if $8,600.
Explanation:
The operating activities cash flows is determined by Revenue - Cash expenses.
Operating activities = $6200 - $3650 = 2550.
The dividend paid by the company is considered as Financing activity. The financing activity will include common stock minus dividend paid. Net cash flows from Financing activity = $9800 - $1200 = $8600.
Answer:
The correct answer is: Yes, the bakeries violate the antitrust laws.
Explanation:
The U.S. Clayton Antitrust Act of 1914 is the legislation that regulates antitrust business practices that do not allow fair competition within a market. Three are the main unfair techniques forbidden by the Clayton Act: <em>anticompetitive mergers, tying arrangements, </em>and<em> exclusive agreements.</em>
In anticompetitive mergers firms offering similar products unite to settle the prices of the goods creating a form of monopoly. <em>Therefore the 50 bakeries of New York who gathered to raise the price of bread from $0.75 to $0.85 are breaking the Clayton Antitrust Act of 1914.</em>