1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Molodets [167]
3 years ago
8

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? I. Commercial letter of credit II. Loan commitment III. Credit line IV. Repurchase agreement
Business
1 answer:
olga_2 [115]3 years ago
8 0

Loan commitment or credit line.

Answer: Options II or III.

<u>Explanation:</u>

A loan advancement is a bank's guarantee to offer an advance or credit of a predefined sum to a borrower. Likewise called a dedication letter, it incorporates the entirety of the terms and states of the credit.  

A credit line is the measure of cash that can be charged to a Mastercard account. The size of a credit line, and its amount has been obtained, impact purchaser FICO assessments. Low credit usage — that is, a credit line on which little has been obtained — prompts a higher FICO rating.

You might be interested in
Nicole owns a small organic spice company called RaisaSpice and was looking for a new product to add to her company's line. A fr
DENIUS [597]

Answer:

Market Testing Stage

Explanation:

This was a new venture for Nicole. She wanted to try something new for the first time as compared to the normal business routine she had. So, she took the advice of her friend and combined spices after which, she distributed a first batch to grocery stores in Portland Seattle. She did this to test her product, to see how well customers would take this innovation. The feedback gained from the grocery stores she supplied to will be a determinant if she should continue mass production or not. That point is what we call Market testing stage.

6 0
4 years ago
Held-to-Maturity Bond Investment On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face
yulyashka [42]

Answer:

b. $461,820

Explanation:

The computation of the amount reported in the balance sheet is shown below:

But before that we need to find out the amortization of discount which is

= Purchased value of bond × interest rate of return - face value of bond × interest rate

= $456,200 × 10% - $500,000 × 8%

= $45,620 - $40,000

= $5,620

Now the amount reported is

= Purchased value + discount amortization

= $456,200 + $5,620

= $461,820

Hence, the option b is correct

8 0
3 years ago
You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your col
Orlov [11]

As indicated in the Preliminary Scope  Statement, some of the potential risks associated with the fishing expedition are:

  • Risk of Water damage to equipment;
  • Risk of drowning
  • Risk of potential loss of fishing equipment. etc.

<h3>What is a Preliminary Scope Statement?</h3>

A Preliminary Scope Statement is a written or documented statement that highlights the significance and level of a project as well as its objectives.

When writing a Preliminary Scope Statement, the goals or objectives have to be itemized in a manner that is:

  • Easy to understand
  • Actionable; and
  • Measurable.

Learn more about the Preliminary Scope Statement at:
brainly.com/question/15195620

#SPJ1

6 0
2 years ago
Give an example of a strong manager and an organization that you worked with in the past or presently.
hjlf
Tacobell and I had a amazing manager named big john!
3 0
3 years ago
Granval thinks a partnership will reduce his personal financial responsibility. this is true only if?
Orlov [11]

Granval thinks a partnership will reduce his personal financial responsibility. this is true only if Granval is not a general partner.

General partnership is a type of business agreement which is made between two or more individuals who agree to share all the assets, profits as well as  liabilities of the business.

Because of the simplicity and tax benefits in the general partnership, a general partnership is one of the most common legal business entities.

However, it's  very important to consider that each partner is personally responsible for the business, including debts and lawsuits, and is held liable for the actions of their partners.

To know more about general partnership here:

brainly.com/question/12983082

#SPJ4

4 0
2 years ago
Other questions:
  • Nysa works in an electricity distribution company’s customer service department. One day she gets a call from a customer who is
    14·2 answers
  • The following information is available for Birch Company at December 31:
    7·1 answer
  • A 4-year project has an annual operating cash flow of $51,000. At the beginning of the project, $4,200 in net working capital wa
    5·1 answer
  • Suppose sweden produces only tablets and smartphones. The resources that are used in the production of these two goods are not s
    10·1 answer
  • Will there always be a demand for inferior goods? how could demand for an inferior good decrease? explain.
    15·1 answer
  • The balance sheet of Indian River Electronics Corporation as of December 31, 2020, included 11.75% bonds having a face amount of
    9·1 answer
  • The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change
    13·1 answer
  • A company is deciding between two options: (1) purchase a piece of equipment for $10,000 or (2) lease the same piece of equipmen
    5·1 answer
  • Which is considered a retail service?
    12·1 answer
  • The difference between total revenue and total cost is
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!