Answer:
4) has a fixed number of payments in equal amounts
Explanation:
1) the term is much longer than other loans
FALSE, installment loans can be short or long, the term refers to periodic payments.
2) lower interest rates are charged to borrowers
FALSE, interest rates vary depending on the customer and the purpose of the loan, they can be higher or lower.
3) is technically an unsecured loan
FALSE, they can be secured or unsecured loans, there is no one size fits all rule
Answer:
wut is this
Explanation:
financial acc practice ex 1
Answer:
High
Explanation:
When the number of customer willing to buy increases, the demand for that product also rise. According to the law of supply and demand, an increase in demand without a subsequent increase in supply results in an increase in the buying price.
An increase in the number of buyers increases competition for the few available goods. Sellers will take advantage of high demand and increase prices to make more profits. Therefore, when there more people willing to buy a product, its price tends to increase.
Answer:
Option (d) is correct.
Explanation:
Given that,
Beginning common stock = $98,300
Common stock sold = $25,700
Beginning balance of retained earnings = ($42,100)
Net Income = $21,100
Dividends = $7,000
Ending balance of common stock:
= Beginning common stock + Common stock sold
= $98,300 + $25,700
= $124,000
Ending balance of retained earnings:
= Beginning balance + Net Income - Dividends
= ($42,100) + $21,100 - $7,000
= $28,000 debit
Ending balance of total stockholder's equity account:
= Ending balance of common stock + Ending balance of retained earnings
= $124,000 - $28,000
= $96,000
Answer:
D.
Explanation:
Based on the information provided within the question it can be said that the answer that is not a predicted response would be that more sales dollars will be spent on advertising. This is because the amount of money that is placed on advertising depends on various factors, such as the amount of money available for advertising , as well as amount of awareness/profit that those advertisements are generating.
