1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GarryVolchara [31]
2 years ago
7

Maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. The lender did not need her credit h

istory. If she does not pay back the loan within three weeks, she will have to pay an extra $50. Raina says the loan is an example of easy-access credit while Maura says it is an example of open-end credit. Which statement about the loan is correct? Raina is correct because the loan is a line of credit. Maura is correct because the loan has an interest rate. Raina is correct because the loan has a large fee if it is not repaid on time. Maura is correct because the loan does not have an annual fee.
Business
2 answers:
Norma-Jean [14]2 years ago
8 0

Answer:

It would be A Raina is correct because the loan is a line of credit.

Explanation:

Hope this helps!

denis23 [38]2 years ago
3 0

A) Raina is correct because the loan is a line of credit

on edge2021 (:

You might be interested in
Classify each resource used in production as land, labor, capital, or entrepeneurs.
sveticcg [70]

Answer:

1. Aunt Sandy's Jammin' Jellies (the business) - <u>Entrepreneurs </u>

Entrepreneurship refers to the process of bringing together the various other factors of production to be able to produce goods and services. Aunt Sandy's as a business is an entrepreneur as it brought together factors of production to make Jellies.

2. Anika, a server at Sonic Drive-In - <u>Labor</u>

Labor refers to the actual people who contribute to the business. Anika is a server at the Drive- In and so works there contributing to the success of the business so she is Labor.

3. Your favorite bartender - <u>Labor</u>

Like Anika above, your favorite bartender is also a person contributing to the success of the bar so is considered labor.

8 0
3 years ago
Discuss the different situations when the communication exists ​
ddd [48]

Answer:

Communication in Different situations.

1. Communications in different situations Chapter 8

2. The different kind ofcommunication skill is required as per the situation and the functions of the organizations.Communication takes on different characteristics as the situation changes Chapter 8

3. Oral Communication Situations Face-to face InterviewCommunication Telephone

4 0
2 years ago
Emerald Jewelery Store had a credit balance in interest payable of $200 at the beginning of the period, and a credit balance of
Evgesh-ka [11]

Answer:

Net income will be decreased by $150.

Explanation:

Given:

The credit balance of interest payable (Opening) = $200

Credit balance of interest payable (Closing) = $50

Net income will be decreased by $150.

Decreased net income = credit balance of payable (Opening)  - credit balance (Closing)

Decreased net income = $200 - $50

Decreased net income = $150

The interest of $150 was paid which would reduce the net profit.

7 0
3 years ago
A firm owed accounts payable of $250,000 at the beginning of the year and $350,000 at the end of the year. This $100,000 differe
pshichka [43]

Answer and Explanation:

Since in the question it is mentioned that the account payable beginning balance is $250,000 and the ending balance of the account payable is $350,000 so here $100,000 different would rise the cash from operations

Therefore the same is to be considered as there is an increase in inflows of cash

So the difference would be rise the cash from operations

4 0
2 years ago
Elise is the manager in the finance department for a company that competes in a service industry. If her company is like most co
nata0808 [166]

Answer:

This statement is False

Explanation:

One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.

4 0
3 years ago
Other questions:
  • What will happen in a market where a binding price floor is removed? Group of answer choices The price or quantity of the produc
    13·1 answer
  • Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $310,000, vari
    7·1 answer
  • Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto
    9·1 answer
  • Which of the following is an example of synthesizing?
    13·2 answers
  • 290. Many states, in search of industries that are clean, fast-growing, and pay good wages to skilled workers, are trying to att
    8·1 answer
  • Which of the following LEAST affects the location of an industry
    13·1 answer
  • Which of the following approaches for calculating the market value of a property involves estimating the dollar value associated
    6·1 answer
  • As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the sameIf the margi
    13·1 answer
  • A lender checking Jason's credit score for an auto loan would likely notice that...
    14·1 answer
  • What is chemical fertilizer? explain with example​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!