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3 years ago

What are some of the various potential sources for business credit? Give at least three examples

Business

1 answer:

n200080 [17]3 years ago

5 0

Answer:

Such potential sources include "Personal savings, loans, as well as investors".

Explanation:

Whether you should be looking for financial resources for something like a working relationship or perhaps a singular commercial enterprise, acknowledging the positives and negatives of those same possibilities, and even some of their network requirements, would then make the best possible financial decisions.
Friends, close relatives as well as work colleagues throughout your community are indeed possible sources of wealth management.

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A consumer is consuming at a point on her budget line. Her income is $50 a week, and she purchases hamburgers and grilled cheese

Ivahew [28]

Answer:

Each grilled cheese costs $1.25

Explanation:

Giving the following information:

Her income is $50 a week. Hamburgers cost $4, and she consumes 10 of them. She consumes eight grilled cheese sandwiches.

To calculate the price of the grilled cheese sandwiches, we need to use the following equation:

Income= cost of hamburgers*number of units + cost of grilled cheese*number of units

50= 4*10 + x*8

10=8x

$1.25= x= grilled cheese

3 0

3 years ago

the difference between what it costs to make and sell a product and what a customer pays for is referred to as

Bas_tet [7]

Answer:

The difference between what it costs to make andsell a product and what a customer pays for is referred to as

3 0

3 years ago

GRZ Inc. purchased a customized delivery truck in January 2018 for $70,000. They plan to use this truck for 7 years, and the com

asambeis [7]

Answer:

The correct answer is A) $2.800

Explanation:

Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:

Finding the depreciable cost: $Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000$
Finding the depreciation per year: $Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000$
Finally, the depreciation tax shield for 2018: $Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800$

7 0

3 years ago

As applied to mortgage loans, which of the following statements is FALSE? By increasing the number of payments per year you incr

Ann [662]

Answer:

The statement that is false about mortgage loans is Advertised rates are annual percentage rates.

Explanation:

Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.

By increasing the number of payments per year you increase your effective borrowing rate.

When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.

You can find a monthly payment by dividing the annual payment by 12.

However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.

5 0

3 years ago

Alexandra wants to play soccer & also work at McDonald's. She cannot do both so she decides to play soccer. What is her oppo

Tanya [424]

Answer:

Opportunity cost is giving up the working at Mc Donald's

Explanation:

Opportunity cost is the term which is stated as the profit, value of something or the benefit which is given up for something in order to acquire or accomplish something else.

In this case, Alexandra wants to work at Mc D and play soccer. So, she decided to play soccer. Therefore, the opportunity cost is working at Mc Donald in order to play.

4 0

3 years ago