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jekas [21]
3 years ago
8

A lender may view a large down payment from a borrower to be a

Business
1 answer:
nikklg [1K]3 years ago
8 0
Answer: reduction of risk
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A customer, who needs to drive to work in a Wisconsin winter, has a critical need to use the product Ice Melt. For him as a cons
Blizzard [7]

Answer:

Urgency / Postponement leads to customer inelastic demand of ice melt.

Explanation:

Elasticity of demand is responsive change in demand of good, due to change in price. Formula = % change in demand / % change in price

Factors Affecting Price Elasticity of Demand : Nature of commodity, Income, substitutes availability, time period, urgency / postponement, share in total expenditure,

Inelastic Demand is when demand responds proportionately less to price change. % change in demand < % change in price

Case 'Customer critically needs ice melt to drive to work' : This has inelastic demand i.e demand less respondent to price changes (he will buy that at high price too). Such because of the urgency of this demand & less scope of its postponement.

5 0
4 years ago
On his birthday, Kamran receives $200 from his aunt, $50 of which he decides to save. He is taken out by his father for lunch. H
FromTheMoon [43]

Answer: D hope this helps :)

Explanation:

6 0
3 years ago
Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost
Sidana [21]

Answer:

sorry I can't answer your question

5 0
3 years ago
Why is it necessary for the seller of real estate and the listing agent to discuss which items to include in the sale of the pro
stellarik [79]
Because some of the items in the estate might be damaged or might be old and torn down & they wouldn't want to include them in the selling of the home, because it could put a bad reputation on the home.
6 0
4 years ago
Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $5,200 in dividends during the current year. The
olya-2409 [2.1K]

The entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200

<h3>What is a dividend?</h3>

Dividend is a form of payment made by the company to its existing shareholders, usually as a distribution of profits. It is a portion of company's earnings during the period being returned to their investors.

Dividends are means of both profit distribution and incentives for the investor who keeps on investing in the company.

The entries for dividend accounts are :

Debit cash $5,200

      Credit dividends $5,200

Hence, the entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200

Learn more about dividend here : brainly.com/question/25845157

6 0
2 years ago
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