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suter [353]
3 years ago
15

Parker needs money to expand the warehouse. By expanding the warehouse the company will be able to carry a lot more inventory, w

hich will make it possible for them to fill more customer orders much more quickly. This expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%. What type of financing should Parker seek?
Business
1 answer:
jasenka [17]3 years ago
8 0

Answer:

bank credit

Explanation:

A bank credit is money that is collected from a bank or financial institution that is determined by the ability of the person to repay the loan and the total money the bank has available to pay.

The bank calculates the ability of the person to pay back a certain percentage of the loan over a particular period before disbursement.

In the given scenario Parker's expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%.

The bank will verify the efficacy of these projections and give the loan to Parker

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Which of the following countries is NOT socialist with a market economy?
kvasek [131]

Answer:

what are the options

Explanation:

7 0
3 years ago
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An item was shipped from a supplier under FOB shipping point. The invoice in the amount of $2,000 included payment terms of 2/10
Norma-Jean [14]

Answer:

Cost of inventory = $2,410

Explanation:

<em>The payment terms 2/10, n/30 implies that if the Company pays within te next 10 days of purchase, it will receive a discount of 2% of the net invoice amount and that the latest date for the settlement of bill is within the next 30 days of purchase. </em>

The cost of the inventory would be the sum of the next purchase cost , shipping charges, storage fees and insurance fee

Net purchase cost net of discount =  2,000 - 40= 1,960

Cost of inventory= 1,960 + 300 + 50 +100 =$2410

Cost of inventory = $2,410

6 0
3 years ago
Which of the following best describes operating income? Multiple Choice It includes the results of discontinued operations. It i
adelina 88 [10]

Answer:

It is before operating expenses.

Explanation:

Operating income is an accounting measure that shows the amount of money that a company has made from its daily operating activities. This means that operating income does not include earnings from non-operating activities like interest made from loans (unless we are talking about a financial institution).

Operating income is equal to revenue minus cost of goods sold, minus any other operating expense such as wages, depreciation, utilities, and rent.

8 0
3 years ago
The reason you want all property owners present at a listing appointment is that ________.
hjlf

The reason you want all property owners present at a listing appointment is that <u>tax information, and legal description</u>.

Property is any object that a person or an enterprise has a felony name over. property can be tangible objects, which include houses, cars, or home equipment, or it is able to seek advice from intangible items that bring the promise of future well-worth, together with stock and bond certificate.

Property ownership may be non-public, collective, or commonplace; with the prison dedication relating to who has the 'package deal of rights and obligations over the assets. Property is called being self-propagating, which means that the belongings owner is legally entitled to very own the financial benefits of that assets.

Learn more about the property here brainly.com/question/1538726

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3 0
2 years ago
Remember, a bond’s coupon rate partially determines the interest-based return that a bond (might/will)...........pay, and a bond
prohojiy [21]

Answer:

<u>will</u>, <u>would like </u>

Explanation:

Bond refers to debt instruments whereby corporates raise long term finance agreeing to pay in return, the holders of such securities (bond holders), timely coupon payments and principal repayment at the end of the term.

The fixed rate of interest bondholders receive is referred to as the coupon rate. The rate of interest received by holders of similar bonds in the market refers to an investors expected rate of return also denoted as YTM i.e yield to maturity.

Yield to maturity refers to the rate of return other investors are earning on similarly priced bonds in the market. Higher the yield to maturity, lower will be the present value of bond.

When coupon rate of payment is higher than YTM, such bonds are priced at a premium.

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4 years ago
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