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
skad [1K]
3 years ago
15

MVJ Corp., a market research firm, borrows $2 million from trimitium bank. while negotiating with the bank, the firm signs a pro

missory note, which specifies that the firm must pay the borrowed amount in 90 days with interest. however, the bank also requires the firm's inventories and receivables to be pledged as collateral to back the loan. which of the following financing options is being offered by trimitium bank in the given scenario?1. spontaneous financing2. short-term bank loans3. bank debit4. factoring
Business
1 answer:
atroni [7]3 years ago
8 0

Answer:

Option "2" is the correct answer to the following statement.

Explanation:

A short-term loan is a form of loan received to endorse short term business and personal wealth for a very short period. It is a tempting and temporary option, for most of the short term businesses which are not easily eligible for a loan from a financial institution.

This type of loan mostly paid back in a very short period usually in 12 months.

In this case, MVJ gets a loan for 90 days or 3 months so it is considered a short term loan.

You might be interested in
In the acronym SMART, what does the “M” stand for?
elena-14-01-66 [18.8K]

Answer:

measurable

Explanation:

defining a hypothesis

7 0
3 years ago
Read 2 more answers
Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
expeople1 [14]

Answer:

Pecan Theatre Inc.

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

Preferred stock   $20.00 $25.00    2%        2%       2%      2%      2%      2%

Common stock    $15.00  $17.50    0%         0%       0%   0.7%   0.8%   0.11%

Explanation:

a) Data and Calculations:

Dividends:                              Cumulative               Common Stock

                                         Preferred Stock               Dividends

                                    Dividends   Per share                   Per share

20Y1,     $80,000           $80,000   $0.40                 $0           $0

20Y2,    $90,000             90,000   $0.40                   0           $0

20Y3,   $150,000           150,000   $0.40                   0           $0

20Y4,   $150,000           100,000   $0.40              50,000      $0.10

20Y5,   $160,000           100,000   $0.40             60,000       $0.12

20Y6,   $180,000           100,000   $0.40             80,000       $0.16

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

Preferred stock   $20.00 $25.00    2%        2%       2%      2%      2%      2%

Common stock    $15.00  $17.50    0%         0%       0%   0.7%   0.8%   0.11%

Average annual percentage return = Dividend per share/Initial Cost per share

7 0
3 years ago
ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum
viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

                       = 80,000 × $50

                       = $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

                       = (80,000 ÷ 8,000) × $1,200

                       = $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

                      = (8,000 ÷ 2) × 6% × $50

                      = $12,000

Now put these values to the above formula  

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

= $4,024,000

8 0
3 years ago
A typical way in which a common-size income statement is constructed is by dividing all expense items in an income statement by
Ad libitum [116K]

Answer:

False

Explanation:

A common size income statement is an income statement expressed in percentages. Each line item is expressed as a percentage of total revenue or total sales, not as a percentage of net income.

A common size income statement is used to analyze the relative weight of the company's accounts, e.g. gross margins, net margins, manufacturing expenses relative to total sales, etc.

3 0
3 years ago
the increasing cost and volatile prices of natural resources is a key driver of sustainable marketing. the increasing cost and v
Vinvika [58]

The increasing cost and volatile prices of natural resources is a key driver of sustainable marketing. the increasing cost and volatile prices of natural resources are key drivers of sustainable marketing. False

Sustainable marketing is the promotion of environmentally and socially accountable merchandise, practices, and brand values. if you've ever spent a touch bit greater on something due to the fact you knew it turned into domestically sourced or 100% recyclable, you've got experienced sustainable advertising.

As an example, if clients value a product's residences, the organization can also market the product as being crafted from recycled substances. If customers recognize a product's capacity to save them time, the enterprise may additionally market the product as being easy to apply and time-saving.

Learn more about Sustainable marketing here:

brainly.com/question/29650179

#SPJ4

8 0
1 year ago
Other questions:
  • Aside from advertising, how can monopolistically
    15·1 answer
  • At a local university, students talk about being able to retake an exam three times as a way of showing how committed the school
    8·1 answer
  • Nature's Garden, a new restaurant situated on a busy highway in Pomona, California, specializes in a chef's salad selling for $7
    9·1 answer
  • A. Calculate the total estimated bad debts on the below information.
    11·1 answer
  • ​Amber, Inc. provides the following information for​ 2019: Net income $ 330 comma 000 Market price per share of common stock $ 6
    8·1 answer
  • Office Space, Inc. sold 30,000 shares of its no-par value common stock at a cash price of $10 per share. The entry to record thi
    9·1 answer
  • Which characteristic does monopolistic competition NOT have in common with perfect competition?
    8·1 answer
  • Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Inc. (BLI). As part of their discussi
    15·1 answer
  • 7200 shares of treasury stock of Coronado, Inc., previously acquired at $13 per share, are sold at $19 per share. The entry to r
    12·1 answer
  • Durable goods $3,000
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!