1. A guaranteed loan is a loan that a third party guarantees – or assumes the debt obligation for – in the event that the borrower defaults. If a co-signer is on the loan, if the main party defaults the co-signer becomes responsible for the loan.
2. I could ask family members as a last resort for financing.
3. The annual exclusion for 2014, 2015, 2016 and 2017 is $14,000. For 2018 and 2019, the annual exclusion is $15,000.
4. line of credit loan will help protect a business in case of emergency. It is an open loan that the business can draw from when it needs more money, and pay it back. Unlike installment loans, once the principal is paid the line stays open for use in the future without the need to reapply each time.
Answer:
Cost of merchandise = $235150
Explanation:
Below is the calculations:
Cost of merchandise = Opening inventory - ending inventory + purchases - purchase return - purchase discount + freight
Now plug the value in the above formula:
Cost of merchandise = 96610 - 100530 + 254660 - 13340 - 6320 +4070
Cost of merchandise = $235150
Answer:
B. Must be written to be enforceable
Explanation:
In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.
These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.
Answer:
LCM = $15.5
Explanation:
RC = $14
Ceiling: NRV = $17
Floor: NRV – PM
Net realizable value for product ALPHA -Normal profit for product ALPHA
= $17 – $1.50= $15.5
Market= $15.5
LCM = $15.5
Therefore the proper per unit inventory value for product ALPHA applying LCM will be $15.5
Answer:
The correct answer is controlled maintenance.
Explanation:
It is the maintenance whose mission is to maintain a certain level of service in the equipment, programming the interventions of their vulnerable points at the most appropriate time. It usually has a systematic character, that is, it intervenes even if the team has not given any symptoms of having a problem.
Some data transmission networks mess up the messages they send, so if the messages are sent in a certain sequence, they are not guaranteed to arrive in that same sequence. To solve this, the protocol must incorporate a mechanism that allows it to reorder the messages at the destination. This mechanism can be the numbering of the fragments, for example.
