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
xenn [34]
3 years ago
6

Revolving credit agreements are ________. short-term, unsecured promissory notes issued by a firm with a high credit standing no

n-guaranteed loans that specify the maximum amount that a firm can owe the bank at any one time guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time credit arrangements made in cooperation with suppliers that allows a firm to roll over accounts payable each month
Business
1 answer:
timurjin [86]3 years ago
6 0

Answer:

guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time.

Explanation:

According to my research on the different types of credit agreements, I can say that based on the information provided within the question Revolving Credit agreements are guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time. Like mentioned above, this is a loan agreement usually seen in cases of a firm borrowing money from a bank.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,450 and net income o
Ronch [10]

Answer:

The asset turnover is 1.44 and return on assets is 0.37%

Explanation:

Average Total assets    

Assets in the beginning $24,590  

Assets at the end          $23,300  

Average assets          $23945

Sales                   $34,450  

Divide: Average assets        $23945  

Assets turnover ratio  1.44

Net Income                   $89

Divide: Average assets          $23945  

Return on assets           0.37%

Therefore, The asset turnover is 1.44 and return on assets is 0.37%

3 0
4 years ago
Describing matter worksheet physical property that makes metal pots good for cooking is
bulgar [2K]

The physical property that may be able to provide a beneficiary for metal pots as a source of good cooking is its heat conductivity of which allow this material to be conducted to heat and allows the food to be cooked thoroughly making it good for cooking.

5 0
3 years ago
In order to be effective control must be
Vanyuwa [196]

...evaluated through organising questionnaires in the organization.

3 0
3 years ago
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,500,000 and can be sold for $
tresset_1 [31]

Answer:

d) $677,532.

Explanation:

1.

Written down value of the equipment after 4 years = Cost x ( 100% - 1st year MACRS - Second-year MACRS - Third-year MACRS - Fourth-year MACRS ) = $3,500,000 x ( 100% - 20% - 32% - 19.20% - 11.52% ) = $604,800

2.

Now calculate the gain on the sale of equipment

Gain on the sale of equipment = Sale Price - Written down Value after 4 years = $715,000 - $604,800 = $110,200

3.

Tax owed = Gain on the sale x Tax rate = $110,200 x 34% = $37,468

After-tax salvage value = Sales price - Tax = $715,000 - $37,468 = $677,532

4 0
3 years ago
The most powerful and widely used conceptual tool for diagnosing the principal competitive pressures in a market isa. the five f
Alexxx [7]

Answer:

The correct answer is letter "A": the five forces framework.

Explanation:

Porter's Five (5) Forces is an analysis scheme created by American economist Michael E. Porter (<em>born in 1947</em>). The ultimate goal of this analysis is to help managers set their expectations of profitability because as competition increases, profitability decreases. Three of the five forces relate to those involved in the industry. The other two apply to the suppliers, the vertical participants, and consumers.

4 0
3 years ago
Other questions:
  • "Danielle relies on summer earnings to fund her next year at the university. When she tried to get her old high school summer jo
    6·1 answer
  • Virginia's parents gave her money to put in her cafeteria account at the beginning of the school year. the function f (s) = 60 –
    14·2 answers
  • Assume that the required reserve ratio is 5 percent. If a commercial bank has $2 million cash in its vault, $1 million in govern
    12·1 answer
  • Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
    12·2 answers
  • A labor contract provides for a first-year wage of $15 per hour, and specifies that the real wage will rise by 2 percent in the
    10·1 answer
  • On July 1, 2015, Friedman Inc. invested $717,963 in a mine estimated to have 806,700 tons of ore of uniform grade. During the la
    10·1 answer
  • A company acquires a rather large investment in another corporation. What criteria determine whether the investor should apply t
    9·1 answer
  • Brian lives in Chicago and runs a business that sells pianos. In an average year, he receives $793,000 from selling pianos. Of t
    14·1 answer
  • The corporate staff in the accounting department at ABC Corporation went on 12-hour days during the holiday season, just like th
    8·1 answer
  • When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!