A line of credit is similar to a credit card in that it is a flexible borrowing solution. You can draw on this revolving loan by writing a check. You are can also borrow any part of your credit line again once you have repaid it. There are no payments until you use your line.
With a personal loan, you get the whole loan when you're approved and you start paying interest right after on the full amount. You have a schedule of payments that will get smaller until the loan is paid off.
Answer:
D. Due from state government 90,000 Revenues control 90,000
Explanation:
Since the town of little river still expects to collect $90,000 in sales tax from the state government within 30 days after then end of fiscal year 2020 for retail sales taking place in fiscal year 2020 but have not yet received the cash or amount, it will be entered into the account as Due from state government $90,000. Money is due because as stated earlier, the little town isn't receiving it during that fiscal year but rather within 30 days after the fiscal year. It would also be entered as revenue control of $90,000.
Examples of skilled laborers for these jobs include carpenters, construction workers, plaster workers, house painters, plumbers and electricians. Those who work in trade jobs may even work for themselves. Some specialized trade jobs, such as welder, require certification and can pay very well.
Answer:
47.4%
Explanation:
A. Expected golfers
440,000
B Revenue (440,000 × $84)
$36,960,000
C. Variable cost (440,000 × $17)
$7,480,000
D = B - C Contribution margin
$29,480,000
E Fixed cost
$20,000,000
F = D - E Profit
$9,480,000
G Assets
H = F/G × 100 Return on assets
47.4%
The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.
