Identifying a single overhead rate as the predetermined overhead rate (b)
Answer:
They can be approved for loans.
They can receive lower interest rates.
They can use credit in emergencies.
Explanation:
Good credit history is a result of sound debt management habits. A person with good credit is disciplined in the use of credit facilities. They are characterized by
- They pay their debts on time.
- They do not miss installment payments.
- Are not overwhelmed by too many debts at a time.
Lenders consider an individual with good credit as low-risk customers. Due to this reason, they are advanced loans at lower interest rates. Customers with good credit get their credit approvals within a short period.
There are many different types of loans, but if you're looking for loans that last for more than a year, you could look towards bonds, contracts, and some types of commercial loans (this depends on the contractor and the person handling the loan).
Answer: True
Explanation:
Beef surplus in the market simply means that there's excess of beef in the market. In this case, the quantity supplied for beef is more than the quantity that the consumers demand, which means that the price at which beef is sold is more than the equilibrium price.
Due to thus reason, the government must mandate lower prices as this will help in increasing the quantity demanded of beef, reduce quantity supplied and hence, the surplus will be curtailed.
Answer:
d. money a company shares with the stockholders
Explanation:
A dividend is money a company shares with the stockholders.
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