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Mumz [18]
3 years ago
11

Timini Inc., a beverage company, wants to produce a new health drink. It borrows money from Maverk Bank to finance the developme

nt. The bank mandates Timini Inc. to return the amount with interest in a regular schedule of fixed payments. Which of the following sources of long-term funds is being used by Timini Inc. in the given scenario?
a. Commercial paper
b. A term loan
c. A line of credit
d. Trade credit
Business
1 answer:
MaRussiya [10]3 years ago
6 0

Answer:

b. A term loan

Explanation:

A term loan is a type of loan that has a series of fixed payments with an interest rate, which can also be fixed, or unfixed.

The word fixed payment means that the payments have a specific date in which to be made.

In this case, Timini Inc is using a term loan to finance its operation because the bank mandates Timini Inc to return the borrowed amount with a regular schedule of fixed payments.

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Sometimes mathematical models are insufficient to predict future personnel requirements. In this case, ________ may be necessary
brilliants [131]

Answer:

The correct answer is: Managerial Judgment.

Explanation:

To begin with, the concept known as "Managerial Judgment" in the field of business refers to the process of managerial decision making done by the manager of the organization, therefore that it could be also understood as the ability that they have in order to resolve the situations that might cause harm to the operations or to the plans of the company. That is why that when sometimes the mathematical models are insufficient to predict future personnel requirements then the managerial judgment enters in the game in order to try to acquire the best solution as possible depending on the situation presented for the managers.

6 0
3 years ago
Bancorp changes its interest rates for consumer loans on houses and cars based on changes made by the federal reserve​ (the fed)
Elenna [48]
<span>economics. This is the correct answer because economics deals with how money and interest rates are tied to political, social, and corporate decisions. In this situation interest rates (money) of cars are houses are influenced by the fed (the government) which explains why this is an economics question.</span>
6 0
3 years ago
Randall's has 28,000 shares of stock outstanding with a par value of $1 per share. The market value is $13 per share. The balanc
a_sh-v [17]

Answer: $38,200

Explanation:

There are 28,000 Outstanding shares with a $13 market value.

That means that in total they are valued at,

= 28,000 * 13

= $364,000

The firm announced a 15% dividend so we take 15% of the total amount.

= 15% * 364,000

= $54,600

$54,600 is the total amount they will pay as dividends.

Dividends are taken from the Retained Earnings meaning that the balance in Retained earnings is therefore,

= $92,800 - $54,600

= $38,200

$38,200 will be the balance in the retained earnings account after the dividend.

3 0
3 years ago
Rodrick, a management consultant, believes that organizations should engage in participative decision making because the increas
Dmitrij [34]

Answer:

cognitive (*)

Explanation:

Rodrick, a management consultant, believes that organizations should engage in participative decision making because the increased information flow which results from employee participation leads to better decision making. Rodrick believes in the cognitive(*) model of participative processes.

4 0
3 years ago
Read 2 more answers
On January 1, the Kings Corporation issued 10% bonds with a face value of $96,000. The bonds are sold for $94,080. The bonds pay
sleet_krkn [62]

Answer:

9,792 total interest expense

Explanation:

face value 96,000

issued at    94,080

<em>discount        1,920</em>

<u><em>amortization of the bond:</em></u>

discount/total payment

10 years atsemiannual payment = 20 payment

1,920/20 = 96

<u><em>cash proceed:</em></u>

96,000x 10%/2 = 4,800

discount                    96

<u>interest expense  4,896 per payment</u>

2 payment per year 9,792 total interest expense

<em />

5 0
4 years ago
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