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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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1. All of the following would be classified as manufacturing overhead except the: A) wages of supervisor of the machining shop.

jek_recluse [69]

Answer:

D) All of the above would be classified as manufacturing overhead.

Explanation:

Manufacturing overhead is the overhead incurred directly in relation to the manufacturing process.

It can be fixed as well as variable, there is no standard conclusion for the above on the basis of nature of overhead.

Machining shop is a part of manufacturing process, and all expense related to that will be classified as manufacturing overhead, whether the expense is in cash like supervisor salary, property taxes of building of machining shop, or non cash expense like depreciation.

Therefore, all the expenses will be included in manufacturing overhead.

8 0

3 years ago

Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The foll

laiz [17]

Answer and Explanation:

The computation of the dividends per share for preferred and common stock is shown below:-

Annual preferred Dividend = 15000 × $100× 2% = $30,000

Oceanic Company

2011 2012 2013

Net income (A) $67,500 $22,500 $135,000

Less: Total Preferred Dividend paid

Preferred Dividend $30,000 $22,500 $37,500

($30,000 + ($30,000 - $22,500)

Available common stock $37,500 $0 $97,500

Preferred Stock holder

outstanding $15,000 $15,000 $15,000

Common stock shares

outstanding 50,000 50,000 50,000

Dividend per share

Preferred $2.00 $1.50 $2.50

For computing the dividend per share we simply divide preferred dividend by Preferred Stock holder outstanding

Common stock $0.75 $0.00 $1.95

In the same manner for computing the Dividend per share common stock we simply divide the available common stock by common stock shares outstanding.

7 0

4 years ago

True or False: Suppose that the hypothetical country of Kernaland has a chronic scarcity of corn, its staple grain. This implies

Fed [463]

Answer:

The statement is: True.

Explanation:

Scarcity is the basic economic problem by which individuals have unlimited needs counting only with finite resources to fulfill them. In front of this scenario, individuals must make trade-offs meaning the satisfaction of some needs must be given up in part so other needs can be satisfied simultaneously.

If corn is scarce in Kernaland, the first step its inhabitants must take is to ration corn before its exploitation reduces the corn crops even more.

6 0

3 years ago

During the Great Depression, a major financial crisis followed the collapse of the stock market, which lead to a. A decrease in

stepladder [879]

Answer:

c. The failure of many banks

Explanation:

The crash in the stock markets leads to the decline in the decrease of the expected incomes and a tight monetary policy of the government along with a higher tax rate which by the banking crisis led to the event of the great depression.

The great depression was the worst economic downturn and had varied effects across the world. The and has the longest deepest and widespread impact on the 20th century leading to a decline in the global economy,

6 0

4 years ago

Kathleen just received a bonus from EG. She is excited because her dad started his career with EG. If her bonus of $300,000 is e

Alenkinab [10]

Answer:

=$206,608.28

Explanation:

<em>Inflation erodes the value of money, so to determine the real value of any given amount (nominal) we need to adjust it for infalton.</em>

In the same vein, to calculate her dad's bonus 10 years ago, we will have to determine the real value of $300, 000 using the annual inflation rate.

This is determined as follows:

Real bonus = 300,000/1.038

= $206,608.28

The value of her dad's bonus 10 years ago

=$206,608.28

7 0

4 years ago

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