The term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
<h3>What is credit?</h3>
Credit can be defined as the way in which a person collect loan or borrow from a lender with the intention to payback the lender at a stipulated period of time.
When a buyer received products or goods from a seller with a plan to payback the seller this method of transaction is known as credit.
Therefore the term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
Learn more about credit here:brainly.com/question/26867415
#SPJ1
Answer:
- True
- False
- True
- True
Explanation:
When an economy has a strong balance sheet and a declining budget deficit, it means that there is less need to borrow from the market which would keep rates lower.
When the economy is weakening, the Fed will try to stimulate it by engaging in actions that weaken short term interest rates so that people and businesses can borrow at lower cost and invest or buy goods and services.
When investors are worried about the riskiness of other financial assets, they usually come to safer assets like U.S. Treasury bonds so that they do not lose money and this is what happened in the credit crisis of 2008. More demand for the bonds led to a rise in their price.
The answer is
D. Debit Cash $2,000; debit Equipment $4,000; credit Nathan’s Capital $6,000
Answer:
C) Cash payment of an account payable
We know that the current ratio is greater than 1, and in the formula for current ratio the assets are in the numerator and liabilities in the denominator, in this case an asset is increasing for the same account that a liability is decreasing by. So whenever the the value is above one and the numerator and denominator are decreased by the same amount the value increases.
Explanation:
Answer:
d. to decrease and equilibrium quantity to increase.
Explanation:
As we know that
Equilibrium is the point at which the quantity demanded equal to the quantity supplied
In equation, it is
Equilibrium = Quantity demanded = Quantity supplied
Now if the supply of a product increases, the equilibrium price decreases while the equilibrium quantity increases
And, if the supply of a product decreases, the equilibrium price increases while the equilibrium quantity decreases