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2 years ago

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

Business

1 answer:

n200080 [17]2 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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Field Farms and Gourmet Restaurant enter into a contract for a sale of produce. After Field Farms ships the lettuce but before t

Mkey [24]

Answer: D.) Regardless of the quantity.

Explanation: Declaration of bankruptcy is usually triggered by an organization or company in debt, declaring bankruptcy involves a legal process whereby the organization in question is examined and researched by evaluating it's liabilities and assets, so that they can seek relief from their debt. Once the buyer, gourmet declares bankruptcy, the contract between both companies can be terminated in transit regardless of the quantity of goods demanded, this is because gourmet declaring bankruptcy means the company will almost certainly be unable to pay for the demanded goods.

5 0

2 years ago

Planned sales for June this year are $120,000. Last year, the actual sales for June were $110,000. Determine the planned percent

Leni [432]

Given that the planned sales for June this year are $120,000 and that last year's actual sales for the month of June were $110,000, there is a 9.09% increase in sales for the month.

The actual increase in sales is $10,000 ($120,000 - $110,000) or ($110,000 x 1.0909 - $110,000)

Data and Calculations:

Planned sales for June, this year = $120,000

Actual sales for June,last year = $110,000

Planned percent increase in sales for June = 9.09% ($10,000/$110,000 x 100)

Thus, the planned percentage increase in sales for the month is 9.09%.

Learn more: brainly.com/question/17194869

6 0

2 years ago

A state whose fiscal year ends June 30, 2019, had the following transactions and events. For each item, compute how much total e

inn [45]

Answer:

$3,750,000

Explanation:

The total amount of expense = current salaries +accrued salaries

The total amount of expense = $3,600,000+ $150,000

The total amount of expense= $3,750,000

The salaries are those expenses that are paid from the current financial resources. If the salaries are not being paid in the current year due to any reason it will be an accrued expense to the company and has to be paid in next year.

4 0

2 years ago

Kevin Long's first year as unit supervisor for a local manufacturer was quite a challenge. To encourage his subordinates to meet

DiKsa [7]

Answer:

b. Theory Y

Explanation:

In theory Y, the managers consider employees as ambitious, self-motivated and eager to accept greater responsibilities. They believe employees enjoy working and can exercise self-direction and self-control. In theory Y assumptions, employees are intelligent, creative and innovative and can contribute enormously towards solving the organization problems.

Kevin has adopted the theory Y management principles. He involves his juniors in the decision-making process, implying a participative management style. Kevin, as the supervisor, has demonstrated faith in the abilities of his subordinates. He has created an environment where workers have the freedom to use their talents to increase productivity in the company.

7 0

2 years ago

Which of the following statements is correct? Multiple Choice

nikitadnepr [17]

Answer: D -LIFO results in a higher net income than FIFO when costs are falling.

Explanation:

The LIFO and FIFO are methods of accounting for inventory.

LIFO means last in, first out. It means the last inventory purchased is the first inventory sold.

FIFO means first in,first out. It means older inventories are sold off first.

During period of rising prices, LIFO results in lower net income because the Cost of Goods Sold is higher. Inventories cost more during periods of rising prices.

When prices are falling , the LIFO method results in a lower cost of goods sold and therefore a higher net income.

4 0

3 years ago