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3 years ago

What type of Credit allows you to borrow a specific amount and agree to pay in a specific number of payments of equal amounts?

Business

2 answers:

lesantik [10]3 years ago

8 0

Answer:

The correct answer is Installment.

Explanation:

There are many types of credits you can ask for, one of them is the Installment credit. This credit consists of a loan that will be paid month by month in equal amounts of money until the debt is paid.

The advantage of this loan is precisely that the payment of each month is fixed, and will not change.

These loans usually have a longer duration to finish paying off the debt, an example of this type of loans is a mortgage.

To apply for a loan you must have a good previous credit record, an annual increase that is appropriate for the loan you are applying for and a stable employment or source of income.

Given this information, we can say that the correct option is Installment.

Kryger [21]3 years ago

6 0

bloting i think it is thatn

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If Morton Company expects to sell VCR’s at $100 a unit with variable costs of $60 per unit and DVD’s at $200 per unit with varia

Thepotemich [5.8K]

Answer:

$72

Explanation:

To calculate the weighted contribution margin we can use the following formula:

[(sales price A - variable cost A) x proportional sales A] + [(sales price B - variable cost B) x proportional sales B]

= [($200 - $120) x 80%] + [($100 - $60) x 20%] = $64 + $8 = $72

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3 years ago

Consider how health insurance affects the quantity of health care services performed. Suppose that the typical medical procedure

IrinaK [193]

Answer:

hello your question has some missing part attached below is the missing demand curve

Answer :

1) the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20 procedures )

2) quantity of medical procedure

3) $200

Explanation:

1) Based on the given demand and supply, the given transportation problem is the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20 procedures )

2) A dummy quantity of medical procedure should be introduced

3) Total cost of optimal solution

optimal quantity of medical procedure ( Qd) * price of medical procedure(Qp)

= 20 * 100

= $200

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3 years ago

(for a job ). Everybody makes sexual remarks now and then.

Nonamiya [84]

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3 years ago

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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed

patriot [66]

The number of books that will be produced such that the costs from the two methods be the same is 4668 units.

From the complete question, the total cost of the first equation will be:

= 8.25x + 65054

The total cost for the second equation will be:

= 19.50x + 12539

Then, we'll equate both equations together and this will be:

8.25x + 65054 = 19.50x + 12539

Collect like terms

19.50x - 8.25x = 65054 - 12539

11.25x = 52515

Divide both side by 11.25

11.25x/11.25 = 52515/11.25

x = 4668 units.

Therefore, the breakeven unit will be 4668 units.

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brainly.com/question/25265523

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3 years ago

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In 20X1, Modern Property Groups collected rent revenue for 20X2 tenant occupancy. For financial reporting, the rent is recorded

vekshin1

Answer:

Debit deferred tax asset for $12,000

Debit income tax expense for $18,000

Credit income tax payable for $30,000

Explanation:

The journal entries will look as follows:

Date Account Name and Description Debit ($) Credit ($)

20X1 Deferred tax asset (w.1) 12,000

Income tax expense (w.3) 18,000

Income tax payable (w.2) 30,000

(To record income taxes at the end of 20X1.)

Workings:

w.1: Deferred tax asset = Deferred portion of the rent collected in 20X1 * Tax rate = $40,000 * 12% = $12,000

w.2: Income tax payable = Taxable income * Tax rate = $100,000 * 30% = $30,000

w.3: Income tax expense = Income tax payable - Deferred tax asset = $30,000 - $12,000 = $18,000

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3 years ago