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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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List four ways in which china was affected by thriving trade during the yuan dynasty

Paul [167]

Answer:

Four ways in which china was affected by thriving trade during the yuan dynasty are:

Sea trade developed under the Mongols.
Skills and information from china spread through other parts of the world.
A more accurate calender been used.
They started using better astronomical instruments.

Explanation:

Yuan Dynasty was establised by mongols in the early 13 centuries. It was ruled by Kublai Khan. It was first forgein led dynasty in the ancient China. Yuan danasty have open door policy, where forgeiners were allowed to travel freely in China without paying any taxes. They have introduced the first paper currency.

7 0

3 years ago

On December 31, 2020, Marin Company borrowed $67,653 from Paris Bank, signing a 5-year, $114,000 zero-interest-bearing note. The

igor_vitrenko [27]

Answer:

Journal Entries

December 31, 2020

Dr. Note Receivables $114,000

Cr. Discount on bond $46,347

Cr. Cash $67,653

December 31, 2020

Dr. Impairment loss $20,839

Cr. Allowance for Impairment $20,839

Explanation:

Calculate the discount on the bond as follow

Discount on the bond = Face value of Note - Borrowed Amount = $114,000 - $67,653 = $46,347

On December 31, 2020 calculate the present value of face value of note and recoverable value

Present value of Note = Face value x Discount factor at 11% for 3 years = $114,000 x 1/( 1 + 11%)^3 = $83,355.82

Present value of recoverable value of note = Recoverable value of note x Discount factor at 11% for 3 years = $85,500 x 1/( 1 + 11%)^3 = $62,516.86

Now calculate the impairment loss as follow

Impairment loss = Present value of Note - Present value of recoverable value of note = $83,355.82 - $62,516.86 = $20,838.96 = $20,839

8 0

3 years ago

What role do governments play in the free enterprise system?

Afina-wow [57]

I would think the answer is C.

6 0

2 years ago

Read 2 more answers

Sager Industries is considering an investment in equipment that will replace direct labor. The equipment has a cost of $86,000 w

PtichkaEL [24]

Answer:

130.77%

Explanation:

depreciation expense per year using straight method = (purchase cost - salvage value) / useful life = ($86,000 - $7,000) / 10 = $7,900

total costs = depreciation expense + operating and energy costs = $7,900 + $4,190 = $12,090

average rate of return = total savings / total costs = $15,810 / $12,090 = 1.30769 = 130.77%

7 0

3 years ago

What are the pros and cons of using social media in the workplace? List 3 Each

Dahasolnce [82]

Answer:

pros

Recruit/source potential candidates

Corporate brand awareness/ employer branding

Brand ambassadors and increased engagement

Low cost investment

Ability to reach a wide audience

Targeted marketing

Networking capabilities

Ability to conduct research and focus groups

Training and Development

cons:

Decreased productivity/ lack of focus

Security and privacy concerns

Inappropriate online behavior

Brand reputation risks

Explanation:

4 0

3 years ago