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
Vikki [24]
3 years ago
14

What is an example of credit? A) A person withdraws money from a bank account using an ATM card. B) A person borrows money from

a finance company to buy a car. C) A person deposits a paycheck into a savings account. D) A person pays interest on an existing mortgage.
Business
2 answers:
EleoNora [17]3 years ago
8 0

B) A person who borrows money from a finance company to buy an car

ahrayia [7]3 years ago
7 0

Answer:

b

Explanation:

An example of credit is when a person borrows money from a finance company to buy a car. Once credit is extended to a person and is used for a purchase, the credit is converted to a debt, and the person has the financial obligation to repay the loan.

You might be interested in
A project has been assigned a discount rate of 12 percent. If the project starts immediately, it will have an initial cost of $4
victus00 [196]

Answer:

The value of the option to wait is $0.70,option A.

Explanation:

In calculating the value of the option to wait,I discounted all cash flows under both alternatives, using the discount rate of 12% as given in the question.

Option to start now gives net present value(positive return ) of $360.64 while the other one gives $361.34,invariably option to wait one year gives $0.70($361.34-$360.64) more than the option to start now.

The formula used in the calculating present value is PV=FV(1+r)^n

Where PV=present value

FV=future value

r=rate of interest

n=number of year

Find attached spreadsheet for detailed calculations.

7 0
3 years ago
Which of the following statements are reasons why operations management is important?
mafiozo [28]

Answer: D. All of these are reasons why operations management is important.

Explanation: Operation management is concern with converting materials and labor efficiently into goods and services for profit maximization. It is the administration of business principles in creating the highest level of efficiency within an organization.

Efficient and productive operation drives the economic well being of nations, Operations management is responsible for much of the value created by organizations and a key source of competitive differentiation among firms, are reasons why operation management is important.

7 0
3 years ago
Which of the following is a result of over-diversification through acquisition? Select one:
Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

6 0
3 years ago
Adrian owns an older used car that is valued at about $1,000.
Liula [17]

Answer:

Purchasing insurance can help Adrian  minimize  risk. Adrian’s best decision in this case is to  not buy the insurance because the policy is too expensive in relation to the value of his vehicle

0 0
3 years ago
n January​ 1, 2018, Waller Sales issued $ 20 comma 000 in bonds for $ 18 comma 300. These are eightminusyear bonds with a stated
spayn [35]

Answer:

$18,106.25

Explanation:

For computing the carrying value of the bonds , first we have to determine the discount amortization for 8 years which are shown below:

= (Issued amount - proceeds from the bonds) ÷ time period

= ($20,000 - $18,300) ÷ 8 years × 2 years

= $106.25

Now the carrying value would be

= Proceeds from the bonds + discount amortization for 8 years  

= $18,000 + $106.25

= $18,106.25

Since the time period is 8 which are paid in semi-annual so we double the time period

8 0
3 years ago
Other questions:
  • Instructions<br><br> Question:<br><br> State the usefulness of correction signs.<br><br> ‌
    14·1 answer
  • Describe the personal assets that are protected under Chapter 13. Describe the basic eligibility requirements for filing under C
    7·1 answer
  • Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on
    13·1 answer
  • The Stores and Service Fund of the City of Monroe had the following account balances as of January 1, 2017:
    13·1 answer
  • When the price of oranges increases from $4 to $6 per bag, the quantity demanded of oranges decreases from 800 bags to 700 bags.
    9·1 answer
  • Rodney was employed by Deluxe Discount Store. Rodney's manager directed him to check the prices of dog food at Huge Savings Stor
    15·1 answer
  • Asking potential dating partners for a date is most likely to be reinforced on a ________ schedule. variable-interval variable-r
    9·1 answer
  • Explain why the Federal Reserve Bank might be concerned if the economy begins growing too quickly.
    11·1 answer
  • A customer owns an ABC Call option. ABC declares a dividend for shareholders on record July 5th. The last day to exercise the op
    7·1 answer
  • If you fail the behind-the-wheel driving test, you must pay a retest fee for a second or subsequent test and wait _______ before
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!