Answer:
B. The maximum that a creditor will allow a customer to owe at any point in time
Explanation:
Credit limit also referred to as a credit line is the maximum amount of money a lender can extend to a client. Lenders often times set the credit limit based on the individual's credit history. This is to determine if the client is credit worry.
There are two categories of borrowers, which are; high-risk borrowers and low-risk borrowers.
Answer:
b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.
Explanation:
Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.
To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.
<span>This is why the threat of potential entrants in this industry is so high. Because of all of the opportunities and financing plans, it is easy for someone who wants to start a restaurant to do so. The threat of potential entrants to other restaurants remains high because of new restaurants always popping up.</span>
0.0466 It should be negative 0.0466. Calculation of annual holiday.
A holiday is a day established by custom or law on which normal activities, especially work, including business or school, are suspended or restricted. In general, holidays are for individuals to celebrate or celebrate an event or tradition of cultural or religious significance.
Holidays may be determined by governments, religious organizations or other groups and organizations. The extent to which the normal operation of the holiday is restricted may vary depending on local laws, customs, the type of work performed, or personal choice.
The term holiday is commonly used in connection with religious customs and traditions.
learn more about Holidays here; brainly.com/question/26072214
#SPJ4
If country A imposes tariffs on goods from country B, it could lead country B to retaliate against country A.
<h3>What happens when countries impose tariffs?</h3>
When a nation imposes tariffs on another nation, it makes goods from that other country more expensive and will therefore limit trade.
The other country might then reply by placing tariffs on the goods of the first country as country B might do here.
Find out more on tariffs at brainly.com/question/1172085.
#SPJ1
