Answer: 3 Variable Rate Loan.
The variable rate loan best describes the loan agreement because the rate can vary and become a different percent over the course of the loan agreement. When you agree to loan terms with variable interest rates it is important to remember when they will change and check the interest rate amounts at any given time over the course of the loan, sometimes the loan terms jump drastically if not paid by the initial given rate.
Answer:
b Sense-of-mission marketing
Explanation:
This is the sustainable marketing principle that holds an organization also it defines the mission in social terms at broad level instead of the narrow terms of the product
Since in the question it is mentioned that the company used the natural ingredients and promotes the fair trades with the suppliers. So here it is the sense of mission marketing principle
Hence, the option b is correct
Answer:
B) credit to Accounts Receivable for $1500.
Explanation:
The journal entry to record the given transaction is as follows
Cash $1,470
Sales discounts $30 ($1,500 × 2%)
To Account receivable $1,500
(Being the receipts of payment is recorded)
While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset
Answer:
Investment assets.
Explanation:
Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.
The correct answer is B. false.
If something is good, then there is no need to change it if there are no problems at all. If this company is making a profit because of a venture they invested in, then why would they seek alternative ventures and risk losing the profit they gained.
