Savings by<u> Household</u> in small dollar amounts is the origin of much of the money that funds business loans in an economy.
<h3>What is loan budget a business?</h3>
Business financing is a funding opportunity for business owners to access company loans to be able to pay for things like temporary cash flow interruptions, development schemes, inventory and equipment, and seasonal points in activity.
<h3>What is a good excuse for a business loan?</h3>
Probably the most obvious reason to think a small business loan is to invest in an increase opportunity for your business. When business is booming, continuing to grow your company can help ensure that your profits don't table or shrink.
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Answer:
$77,000
Explanation:
Data provided as per the question below:-
Proceeds from sale of common stock = $153,000
Cash dividends paid = $76,000
The computation of net cash from financing activities is given below:-
Cash inflow from Financing Activities = Proceeds from sale of common stock - Cash dividends paid
= $153,000 - $76,000
= $77,000
Therefore for computing the net cash from financing activities we simply applied the above formula.
Answer:
The profit is shared among the partners according to the ratio given in the partnership deed.
This can be agreed in two ways according to the agreement deed:
1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.
2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio, which would be $ 120,000 - $ 50,000 = $ 70,000
in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.
Answer:
A. Owned by their members
Explanation:
Credit unions are a type of financial institution formed by a group of people to provide financial services exclusively to their members. In credit unions, members find the main services available at banks, such as checking accounts, financial applications, credit cards, loans and financing. The main difference is that in credit unions, members are both owners and users, that is, they participate in the management and enjoy the products and services.
