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valkas [14]
3 years ago
13

Which is an example of easy-access credit ?

Business
2 answers:
QveST [7]3 years ago
8 0
3 one week payday loan for 350
andriy [413]3 years ago
5 0

One-week payday loan for $350 is an example of an easy-access credit. An easy-access credit is a short-term loan that has a very high amount of interest tacked on to it. Since this loan is a one-week payday loan, this is the shortest loan term out of the choices.

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Fifteen-year-old Clara enjoys working with people and likes to help others. She has been a big help to her mother in caring for
Sladkaya [172]

Answer: Social Vocation

Explanation:

This is because she derives joy from helping others.

Great interpersonal relationship, compassion are characteristics. So also she’ll have enough time to do all the humanitarian work she loves.

6 0
3 years ago
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An environmental soil cleaning company received a contract to remove BTEX contamination from an oil company tank farm site. The
Juliette [100K]
1,0000 people on the world diet are uu going out with the baby I eyes and I miss my v
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3 years ago
Lonergan, Inc., a calendar year S corporation in Athens, Georgia, had a balance in AAA of $200,000 and AEP of $110,000 on Decemb
Finger [1]

Answer:

Explanation:

                                                                      AAA                   AEP

Beginning balance, 1/1/20                           200,000        110,000

Less: Distributions                                          (140,000)            (0)

Less: Loss (ordinary)                                  (120,000)            (0)

Ending Balance                                           (60,000)       110,000

Here AAA is adjusted first for the distributions and then for the loss. The negative balance must be restored to a positive before the shareholders may receive any distributions that will not be taxed as dividend income.

6 0
4 years ago
The cash price of this machine was $54,500. Related expenditures included: sales tax $2,050, shipping costs $100, insurance duri
marin [14]

Answer:

Under striaght line the depreciation wil be of 10,548 dollar per year.

Explanation:

the accouting will enter the asset as the sum of all necessary cost to aquire it and leave it ready for use:

price       54,500

taxes         2,050

shipping       100

insurance      110

installation <u>    80     </u>

<em>total </em><em>        56,840‬</em>

depreciation per year:

(cost - salvage value ) / useful life

(56,840 - 4,100) / 5 = 10.548‬

8 0
3 years ago
The following information is available for Cubic Company before closing the accounts. After all closing entries are made, what w
AysviL [449]

Answer:

Option (a) is correct.

Explanation:

Given that,

Net income = $112,700

Retained earnings = $108,000

Dividends = $40,000

After all closing entries are made,

The balance in the Retained earnings account is as follows:

= Retained earnings + Net income - Dividends

= $108,000 + $112,700 - $40,000

= $180,700

Hence, the balance in the retained earnings account is $180,700.

4 0
4 years ago
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