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3 years ago

What is a loan?

Business

1 answer:

sleet_krkn [62]3 years ago

6 0

Answer:

see below

Explanation:

A loan is when one party receives money from another and promises to pay it back with interest. A person, firm, or country will seek a loan from a lender with a promise to repay within a specified period and with interest. The interest paid becomes the cost of the loan.

Taking is a loan is similar to borrowing money. The loan amount is equivalent to the amount borrowed.

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Gracey's Department Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Gracey's also has $6

loris [4]

Answer:

e) $12,000 preferred; $18,000 common.

Explanation:

Dividend (Preferred) = 6% * Preferred stock outstanding

= 5% * $200,000

= $12,000

Dividend common = $30,000 - $12,000

= $18,000

Hence, the Cash dividend to preferred shareholders is $12,000 and that to common shareholder is $18,000

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3 years ago

When procter & gamble bought the old spice brand in 1990, it planned to transform the old, stagnating brand?

Dovator [93]

Are you referring to this question, with the same choices too?
When Procter & Gamble bought the Old Spice brand in 1990, it planned to transform the old, stagnating brand into a men's "personal-care powerhouse." The ads that P&G developed shed the older-man image and the message is now targeted at the 18 to 34 year old age group. In terms of the communication process, the _________ would encode the message
A. communication channel
B. receiver
C. decoder
D. source
E. field of experience

If so, then the answer is letter D. source.

3 0

3 years ago

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. Calculation of level of sales

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. Calculation of Target fixed Assets/Sales ratio

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. Calculation of Increase in Fixed assets

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0

3 years ago

Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 13, 2017. It sells the wood to Buildit and

Iteru [2.4K]

Answer:

The answer is: Treetopplers's wood production is not included in the GDP

Explanation:

The GDP includes all the domestic production of final and legal goods and services.

The value of final goods is included, but not the parts that go into them (intermediate goods). In this case, the wood Treetopplers produce is used by other companies (e.g. Buildit and Partners) to build final goods such as new houses. So the wood is an intermediate good.

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3 years ago

The exit of existing firms from a competitive market will a. decrease market supply and increase market price. b. decrease marke

makvit [3.9K]

Answer:

The correct answer is option A.

Explanation:

The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.

This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.

The other firms in the market will get more market share and higher profits.

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3 years ago