Sarah - cord source funding
Daphne - government loans because SBA is a government agency.
Pat - venture capital
Albert - asset backed lending because he is using collateral (assets) to secure his loan.
Answer:
Sample Budget
Salary Income $2515
Rent expense -$900
Food and groceries -$250
Entertainment expense -$85
Shopping -$45
Birthday Party gift -$12
Transportation expense -$150
Home maintenance cost -$320
Tuition cost -$121
Net savings = $632
Explanation:
The mid aged person who is age of 25 to 30 will have different expenses. He will have to budget his monthly income and routine expenses to identify the savings. The sample budget will include different types of household expenses that a person incurs to live. He might have to budget one off expenses such as party cost, gifts etc. He will have to keep track of groceries and food expenses.
Answer:
C) Illusory
Explanation:
More than an illusory contract (which means an unreasonable and non-enforceable contract), this is an unconscionable contract that no court would enforce.
This contract is so one sided that it damages the other party. The duties in clued in this contact are not enforceable because no person should be forced to do all those things just because the other party has more bargaining power.
Out of the 5 possible options the illusory contract is the only possible choice. Illusory contracts are also non-enforceable since only one side provides real consideration.
Answer:
Sales less variable production, variable selling, and variable administrative expenses.
Explanation:
On a contribution margin income statement the variable administrative and variable selling are considered as variable cost and used to determinate the contribution margin.
Contribution margin =
sales revenue - total variable cost
the fixed cost are listed below the contriution,
once subtracted from the contribution, the rest is the net income.
Answer:
False
Explanation:
Interest Bearing Account is an account which generates interest income over a specified period of time. Certificate of Deposit is an example for the interest bearing account. So, simply saying that An interest-bearing account is an account that generates interest income on the available balance in the account is wrong.
