Answer:
Omar should get budgeting advice from a consumer credit counselor
Explanation:
It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.
It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.
Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.
Answer:
See below
Explanation:
Net income during the year
$59,000
Adjustments:
Depreciation
$27,000
Changes in current assets and liabilities
Less:
Increase in accounts receivables
($32,000)
Increase in inventories
($12,000)
Decrease in accounts payable
$25,000
Net cash flow from operating activities
$17,000
Answer:
D. Any advantage that one firm has will be short-lived.
Explanation:
With the three firms all producing the same product with similar resources in their production and distribution of their products, any advantage that a firm has over the others if any would not last long at all. This is because each firm is using similar technique in the same location. Hence, there's nothing special about one of the firms over the others.
Goods and services
Hope I helped
