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Elden [556K]
2 years ago
12

How could a line of credit negatively impact a business?

Business
1 answer:
madam [21]2 years ago
5 0
Bad credit, defined by FICO as a score of 300 to 629, is a common reason that lenders reject small-business loan applications. Borrowers with poor credit scores are considered at higher risk of defaulting on a loan. Still, even with bad credit, you have financing options, including online loans.
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Price serves as a a. rationing device. b. transmitter of information. c. means of determining who gets what of the available lim
enot [183]

Answer:

e. all of the above

Explanation:

Price are an mechanism that serve to coordinate economic activity. They help coordinate economic decisions such as rationing, they transmit information, and they also help economic agents make decisions about what to sell, what to buy, what to exchange, and so on.

8 0
2 years ago
Mrs. Torres goes out of town on a business trip. She spends 3 nights in a hotel at a charge of $80 per night. She pays 9% tax on
Bumek [7]
We are given the different rates and charges and is asked in the problem the unknown tax rate she pays on meals if the total cost of the trip is equal ot $420.04. In this case, the equation goes: 
80 x 3 + 80 x 0.1 x 3 + 80 x 0.09 x 3 + 109.3 x 1.15 + 109. 3 x z = 420.04
z = 0.08 
6 0
3 years ago
Read 2 more answers
Why is it important to look at external sources of information when exploring product and service information?
kolbaska11 [484]

Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.

5 0
2 years ago
Which type of unethical activity is sometimes caused by channel management?
Svetlanka [38]
<span>Channel management is defined as the type of management that is used in a situation where a company develops various marketing techniques and strategies in order to reach the widest possible customer base. The channels are the means used to market the product. Unethical activity usually caused by channel management is UNFAIR DISCRIMINATION. </span>
5 0
3 years ago
Read 2 more answers
Jagadison Co. leases computer equipment to customers under sales-type leases. The equipment has no residual value at the end of
Olegator [25]

Answer:

$360,308

Explanation:

The computation of the  total amount of interest revenue is shown below:

But before that we have to determine the annuity payment per year which is

​Annuity payment per year is

= Fair value ÷ PVIFA for 10% for 5 years

= $991,692 ÷ 5.868

= $169,000

Now Total payments for eight years is

= $169,000 × 8

= $1,352,000

So, the amount of interest revenue is

= Total payments made for eight years - Fair value

= $1,352,000 - $991,692

= $360,308

8 0
3 years ago
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