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BartSMP [9]
3 years ago
15

Match each type of lending institution to its description.

Business
1 answer:
rjkz [21]3 years ago
4 0
Credit union - provides credit only to the organization’s members

Payday lender - offers short-term credit at very high interest rates

Consumer finance company - typically provides credit for purchasing items on an installment basis

Bank - provides credit for a wide variety of purposes and periods of time.
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A company pays its employees $4,250 each Friday, which amounts to $850 per day for the five-day workweek that begins on Monday.
BartSMP [9]

Answer:

$3,400

Explanation:

Out of five day workweek, accounting period ends on Thursday which indicates that employees work only for 4 days. Therefore, salaries are earned only for 4 working days and unpaid at the end of the accounting period

Salaries earned but unpaid= 4 working days * $850 per day = $3,400

Hence, salaries earned but unpaid at the end of the account period is $3,400

5 0
3 years ago
As a general rule, __________ seems to work best when the consumer target market for the product is alike across countries and c
Serggg [28]
The correct answer to fill in the blank is product extension.
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How does competition influence the price of a good to either purchase or produce
Elan Coil [88]

It influence it by lowering the price and if it's by producing then people would want to go to the store that has more of the product that people want.

6 0
3 years ago
Which wholesaler's channel function is demonstrated when a buyer receives quicker delivery because wholesalers are located close
Bess [88]

Answer:

E. transportation

Explanation:

The wholesaler is one of the middle-men in the channel of distribution that stands between the producer and the retailer in bulk breaking, he buys in bulk from the producers and sell to the retailer.

One of the functions of the wholesaler in the distribution value chain is the transportation of goods from manufacturer's warehouse to his warehouse at his own cost, thereby bringing the products closer to the consumers.

 

4 0
3 years ago
Monopolist can produce at a constant average​ (and marginal) cost of
ankoles [38]
A monopolist can produce at a constant average (and marginal<span>) </span>cost of<span> AC = MC = $5</span>
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3 years ago
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