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Nadya [2.5K]
3 years ago
12

If a company is concerned about extending credit to a risky customer, it could do any of the following except: Select one: a. re

quire the customer to pay cash in advance. b. require the customer to provide a letter of credit or a bank guarantee. c. contact references provided by the customer, such as banks and other suppliers. d. provide the customer a lengthy payment period to increase the chance of paying.
Business
1 answer:
Natalija [7]3 years ago
5 0

Answer:

D. Provide the customer a lengthy payment period to increase the chance of paying.

Explanation:

This is explained to be one of the working ethics found in some working and recruiting bodies or companies.

This trade payables’ payment period ratio here is said to represents the time lag between a credit purchase and making payment to the supplier. As trade payables relate to credit purchases so credit purchases figure should be used in calculating this ratio.

However as the amount of credit purchase is usually not separately available in the income statement so in that case total purchases could be used.

Like other ratios, this ratio is observed over a period of time and compared with the other businesses in the same industry.

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Which of the following statements about bribery is most accurate? Question 49 options: Bribes, kickbacks, and payoffs offered to
Greeley [361]

Answer:

It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.

Explanation:

5 0
3 years ago
What describes the nature of cause and effect in the context of the business cycle?
Andre45 [30]
Cause and effect in the context of business cycle refers to actions done for a project in the business. Cause and effect may also refer to the stocks or market proceeds (e.g. Because of ____________, the proceeds were higher/lower). 
8 0
4 years ago
Omega, Inc. sells its fitness wrist band for $100. It cost the company $62 to make the product. While Tom values the Omega wrist
dangina [55]

Answer:

B. each customer's reservation price.

Explanation:

Reservation price is the highest amount a buyer would be willing to pay for a good or service.

I hope my answer helps you

7 0
4 years ago
Read 2 more answers
Last year Rocco Corporation's sales were $225 million. If sales grow at 6% per year, how large (in millions) will they be 5 year
cupoosta [38]

Answer:

b. $301.10

Explanation:

Current Sales = P = $225,000,000

Growth rate = g = 6%

Number of year = 5 years

Using simple growth formula we will find the Sales value after 5 years.

Future Sales = Current Sale ( 1 + growth rate )^Number of years

A = P ( 1 + g )^n

A = 225,000,000 x ( 1 + 0.06 )^5

A = 225,000,000 x 1.33823

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So, the correct option is b. $301.10.

3 0
4 years ago
Planes frequently push back from the gate on time but then wait 2 feet from the gate until it is time to queue up for takeoff. T
ira [324]

Answer:

b. A performance metric that measures timeliness of the flight, where a flight is considered "on time" as long as the flight is boarded and away from the gate by the scheduled departure time

Explanation:

We are told that airplanes make a mock depart by exiting the boarding gates, but they stay on the runway for long periods of time. This is due to the fact that airlines measure which planes are on time based on the moment that they left the boarding gate, not when they actually lift into the air. it happened to me once and it was extremely unpleasant to just sit without moving for more than one hour. I doubt any passenger likes these type of situations.

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3 years ago
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