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babymother [125]
3 years ago
15

Your friend Michelle is starting a fitness center that specializes in helping people get in shape through exercise and eating he

althy. Because her business is new and risky, she is unable to obtain a loan from the local bank. You agree to pay $7,500 for a one-year bond from Michelle with an interest rate of 5 percent. The face value of the bond is
Business
1 answer:
poizon [28]3 years ago
7 0

Answer:

$7,875.00.

Explanation:

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FitterYou Inc., a company that manufactures health products, hosts an event at a local hotel to generate potential customers. Th
Nastasia [14]

By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

<h3 />

What is a sales seminar?

Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.

In conclusion, the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

Read more about sales seminar

<em>brainly.com/question/23714927</em>

3 0
3 years ago
As the hotel industry matures, corporations are either acquiring or merging with each other. This is: A. Safety and security B.
rodikova [14]

Answer:

B. Consolidation

Explanation:

Consolidation (or amalgamation), in a bussines context, is <em>when different companies combine to form a larger organization in order to improve their efficiency, long-term cost savings and a concentration of market share.</em>

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
Which of these is an example of "serving the bottom of the pyramid"? a. Car-a-Go-Go Inc. is an MNC that specializes in luxury ca
inysia [295]

Answer:

Option B is Correct.

Explanation:

Serving the bottom of the pyramid means carrying in goods that are inexpensive by that class of the budget where individuals cannot afford luxuries like several advanced countries. They cannot afford high charges and would exploration for something affordable. Among the given examples Radical computer corp. which definite to build reasonable computers and install wireless arrangement to assist the humblest in getting these amenities which they generally cannot afford serves as an example of attending the bottom of the pyramid. Hence the answer is B

4 0
4 years ago
What is the purpose of collateral in a secured loan?
strojnjashka [21]

Answer:

To reduce risks against default.

6 0
3 years ago
Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in se
Harlamova29_29 [7]

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

<h3>What is a journal entry?</h3>

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about journal entry here:

brainly.com/question/20421012

#SPJ1

6 0
2 years ago
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