All categories

3 years ago

The amount a borrower pays for a loan is called

Business

1 answer:

ololo11 [35]3 years ago

8 0

Answer:

Interest

Explanation:

hope this helps<3

You might be interested in

Maymart Inc sells its products at the lowest prices in the industry, and it believes that this is the best way to stay ahead of

Y_Kistochka [10]

Answer:

A) The cost leadership strategy

Explanation:

Cost leadership is providing the service or supply of product without compromising the quality of service or product supplied.

In the given instance also, Maymart supplies goods without any decrease in quality standards that is goods are completely acceptable by customers, and that the goods are supplied at least price in the industry, this provides a competitive advantage to the company, by cost leadership.

As cost is least for consumer for same quality as demanded.

7 0

3 years ago

A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would include a

Reptile [31]

Answer:

Option A.

Explanation:

It is given that a $150 petty cash fund has cash of $54 and receipts of $83.

We need to find the journal entry to replenish the account.

Cash and receipts = Cash + receipts

= $54 + $83

= $137

Short for cash = Cash fund - Cash and receipts

= $150 - $137

= $13

The required journal entry to replenish the account would include a debit to Cash Over and Short for $13.

Therefore, the correct option is A.

3 0

3 years ago

A demand for a product or resource because of its contribution to the final product is called

tino4ka555 [31]

Answer:

Derived demand

Explanation:

Derived demand occurs when a good is requested not for benefits they directly provide, but for their contribution to another product.

For example capital, land, labour, and raw materials are demanded for their role in producing a final product.

So they can be seen as goods that have derived demand.

When they demand for the final product increases the good that has derived demand also increases, and vice versa.

8 0

3 years ago

Bramble, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $6,600 from sales $200

Advocard [28]

Answer and Explanation:

The preparation of the analysis is shown below:

Particulars Continue Eliminate Net Income (Decrease)

Sales $200,000 $0 -$200,000

Less: Variable Costs $176,000 $0 -$176,000

Contribution margin $24,000 $0 -$24,000

Fixed Costs $30,600 $20,600 $10,000

Net Income/Loss -$6,600 -$20,600 -$14,000

As we can see that in both the cases whether eliminate or continue the amounts comes in negative but in continue there is a less amount of loss as compared to eliminated one

Therefore, in this case, the big Bart line could be continued

8 0

3 years ago

In 1945, $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System. True False

Alexandra [31]

This is definitely true,hope I helped you :)

7 0

2 years ago