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maxonik [38]
3 years ago
14

Leah deposited $50,000 in the bank. Three years later, she borrowed $40,000 for a new truck. From this description, which is the

most accurate statement?
A. Leah is earning more interest than she is paying.
B. Leah did not have to provide collateral.
C. Leah is being charged too much interest.
D. Leah has the character to make payments on the loan.
Business
2 answers:
Anarel [89]3 years ago
5 0
B. leah did not have to provide collateral

Angelina_Jolie [31]3 years ago
3 0

Answer:

As it is given in the question that leah has $50,000 in her bank account and after 3 year she borrowed forty thousand dollar from bank  which mean that she didn't have to provide collateral to borrowed money from bank.

Explanation:

As it is given in the question that leah has $50,000 in her bank account and after 3 year she borrowed forty thousand dollar from bank  which mean that she didn't have to provide collateral to borrowed money from bank.

collateral is that assets that has been put on security to borrowed money from home. But in this case as leah has $50000 in her account for three year and then borrowed $40,000 this mean she didn't need to put any collateral.

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When a vendor credit is recorded by a Quick Books Online user, what are 2 ways to use the vendor credit?
labwork [276]

Answer:

Explanation:

These are the 2 ways to use provider credit:

1. Through linking reimbursement checks in bank deposit. These checks are from the vendor and will be used to create a vendor credit.

2. Making payment of supplier invoices, is another way to use credit, to carry out this, I have to create the invoice.

8 0
4 years ago
Using marketing to promote the idea that a company is more socially responsible than it actually is can be described as ______.
earnstyle [38]

Answer:

Greenwashing

Explanation:

Greenwashing is the process of using marketing to promote the idea that a company is more socially responsible than it actually is. It is the process of passing a false impression or providing false information about how a company's products are more environmentally sound.

Greenwashing can also be called green sheen. It is used to deceive consumers into believing that a company's products are environmentally friendly by providing misleading information about the product.

Greenwashing is considered an unsubstantiated claim to deceive consumers into believing that a company's products are environmentally friendly.

8 0
3 years ago
Oriole Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(L
zmey [24]

Answer:

b. $392000.

Explanation:

The computation of the inventory balance reported on the balance sheet is shown below:

<u>Product                   Cost                   Net realizable value    Lower value </u>

A                            $128000                 $134000                     $128,000

B                             $90,000                 $85,000                    $85,000

C                             $179,000                $181,000                    $179,000

Total                                                                                          $392,000

5 0
3 years ago
What function does a security certificate perform?
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Answer:

The first mission of a security certificate is to encrypt/scramble data so if someone intercepts it, they won't be able to read it. The second mission is to reassure the Website visitors that the company behind the Website you're dealing with is really who they are.

8 0
3 years ago
1000 par value 5 year bond with 8% semiannual coupons was boughtto yield 7.5% convertible semiannually. Determine the amount of
Naya [18.7K]

Answer:

$2.08

Explanation:

First calculate the price of the bond

Price of the bond = [ ( 1000 x 8% x 6/12 ) x ( ( 1 - ( 1 + (7.5%x6/12) )^-(5x2) )/(7.5%x6/12) ] + { 1000 / (7.5%x6/12) ]

Price of the bond = $1,020.53

Now calculate the premium

Premium on the bond = Price of the bond - Face value of the bond = $1,020.53 - $1,000 = $20.53

Now prepare the amortization schedule to calculate the premium amortization in 6th payment.

The amortization schedule is attached with this answer please find that.

Hence, In the sixth payment the premium amortization is $2.08

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