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dusya [7]
3 years ago
14

A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil

l have the necessary funding to complete the project. The firm may ask a bank for which of the following to allow it to obtain the permits?
Business
1 answer:
Ede4ka [16]3 years ago
4 0

The options are:

I. Commercial letter of credit II. Loan commitment III. Credit line IV. Repurchase agreement

Answer:

II. Loan commitment

III. Credit line

Explanation:

When a construction company wants to commence a project it will need to obtain a permit to start the process.

In obtaining the permit there are certain criteria that the development authorities look at before giving out permits.

They consider if the construction company has the capacity to complete the project and deliver quality work in the process.

To give this assurance the company will need to obtain a Loan Commitment and Credit Line from its bank.

These will show the development authority that the company will have sufficient funds to perform the task.

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When a price ceiling is​ imposed, the price system is prohibited from rationing the product in the market in which the ceiling w
padilas [110]

Answer:Queuing, Favoring customers, and ration coupons

Explanation: Price ceiling is a price control mechanism used by Government and price regulators to control the market price of a product or services, price ceiling is the price of a product above which no manufacturing company or marketer is expected to sell any Product.

Rationing methods are methods used to control the sale or availability of the product to the consumer.

Queuing is rationing method which is based on the first come first serve, everyone is served According to the time he or she comes or signify interest.

Favouring Customers is.anotjer rationing technique it gives certain Customers some prevelegd based on some conditions.

Ration coupon is used to specify which Quantity can be issued to a customer at a given time.

7 0
2 years ago
A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r
VashaNatasha [74]

Answer:

The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%

Explanation:

Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.

g=b*R

Where:

g = growth rate

b=retention ratio

R = return on equity

Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:

g=(1-Payout)*\frac{NetIncome}{Equity}

So, everything should look like this:

g=(1-0.25)*\frac{32,600}{294,000} =0.0832

So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.

Best of luck.

7 0
3 years ago
The person who receives financial protection from a life insurance plan is called a
s2008m [1.1K]
The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!

6 0
3 years ago
Taxpayers over 65 can only deduct expenses that are greater than 7.5% of adjusted gross income for
ElenaW [278]
The answer to this is MEDICAL and DENTAL EXPENSES. This is already a fixed law in terms of expenses deduction which would be based on the adjusted gross income. For individuals below 65 years old, they only have 10%. 65 years old is the temporary threshold and this is an exemption making it 7.5% of their AGI or the adjusted gross income. 
7 0
3 years ago
Stephanie owns land (adjusted basis of $90,000; fair ma阳value of $125,000) 』- that she uses in her business. She exchanges it fo
melisa1 [442]

Answer: A. $25,000 B. $90,000 C. $25,000

Explanation:

A.

Land                                       $100,000

Stock                                         25,000

Amount realized                    125,000

Less: Adjusted basis              (90000)

Recognized gain                   $35,000

When you receive book in an exchange which is similar or like kind, then the recognized gain is the lesser of either the boot or recognized gain. Here the lesser is the boot received which is $25,000. Therefore, recognized gain is $25,000

B.

Because the recognized gain is taken as $25,000 rather than $35,000. The $10,000 amount is considered as postponed gain. Hence,

$100,000 (land worth) - $10,000 (postponed gain) = $90,000 - basis of new land.

C.

The worth of the stock is the basis in the stock received. Which is $25,000

7 0
3 years ago
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