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4 years ago

Business firms purchase items on credit because they cannot meet their obligations. true false

Business

2 answers:

Gelneren [198K]4 years ago

8 0

Answer:

FALSE

Explanation:

Companies buy items on credit for a variety of reasons. The main one is to maintain working capital. Companies use cash money for their daily needs and for payments that are due on the present date. Thus, when companies buy on credit at present, the payment amount will enter the future payment schedule. On the due date, the credit will be paid. This is normal corporate finance practice and should not be associated with a company's inability to pay its obligations.

Darina [25.2K]4 years ago

6 0

Oddysseyware says the answer is FALSE

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Marginal cost A) is the increase in total cost resulting from producing one more unit. B) is the average cost of production divi

lilavasa [31]

Answer: A) is the increase in total cost resulting from producing one more unit.

Explanation:

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3 years ago

Whoever answers first gets 50 points

zhuklara [117]

Answer:

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3 years ago

Which president would have been most likely to agree that the government’s role in people’s lives should be more limited ?

Annette [7]

Answer:

A. Ronald Reagan

B. Barack Obama

C. Franklin D. Roosevelt

D. Lyndon B. Johnson

Explanation:

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3 years ago

Mr. and Mrs. Garcia have a total of $100,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate

Alexeev081 [22]

Answer:

Explanation:

Let y amount be invested in bonds

Let x amount be invested in money account

Let x amount be invested in stocks

x = y + 3x

10,000 = 12/100(y+3x) + 8/100*y + 4/100*x

10,000 = 12(y+3x) + 8y + 4x / 100

10,000 * 100 = 12y+36x + 8y + 4x

2500 * 100 = 3y + 9x + 2y + x

250,000 = 5y + 10x

50,000 = y + 2x.......................(1)

x + y + z = $100,000

y + 3x + y + x = $100,000

2y + 4x = 100,000

y + 2x = 50,000.......................(ii)

y = 50,000 - 2x

x = 50,000 + x

z = z

<u>2 Options are</u>

{(x,y,x), (x2,y2,z2)}

= (50000, 50000) (60000, 30000, 10000)

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Answer:

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