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maxonik [38]
3 years ago
13

Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)

Business
1 answer:
Artist 52 [7]3 years ago
6 0

Answer:

don't know what is the answer sorry

very sorry

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The value of the goods and services Australia purchases from the U.S. are less than the value of goods and services the U.S. pur
Diano4ka-milaya [45]

Answer:

Option (d) is correct.

Explanation:

The information given in the question clearly shows that the value of goods and services U.S imported from Australia is greater than the value of goods and services Australia imported from the U.S. This exchange of goods and services between these two nations also shows that exports of Australia towards U.S. are greater than the exports of U.S. towards the Australia.

Balance of trade or Trade Balance or Net exports:

= Exports - Imports

Since Australia's Exports are greater than its imports, so Australia has a positive net exports and a trade surplus and U.S's Exports are less than its imports, so U.S has a negative net exports and a trade deficit with Australia.

7 0
3 years ago
The three most common cost behavior classifications are:___________A. variable costs, product costs, and sunk costs B. fixed cos
wel

Answer:

B. fixed costs, variable costs, and mixed costs

Explanation:

Mainly there are three types of cost i.e variable cost, fixed cost, and the mixed cost. The variable cost is that cost which is change when the production level change whereas the fixed cost is that cost which remains constant whether production level changes or not .  

The mixed cost is a semi-variable cost which include some part of the fixed cost and some part of the variable cost

So, the variable cost includes indirect material, indirect labor, and factory supplies

The fixed cost includes supervision, taxes, and depreciation expense.  

And, the mixed cost includes insurance, utilities, etc.

4 0
3 years ago
On January 1, 2021, Legion Company sold $290,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December
stira [4]

Answer:

the bond interest expense for the six months ended June 30, 2021, in the amount of $10,8864

Explanation:

The computation of the interest expense is shown below

= Carrying Value of Bond × Effective interest rate

= $217,719 × 10% yield interest × 6 months ÷ 12 months

= $10,886

Hence, the bond interest expense for the six months ended June 30, 2021, in the amount of $10,8864

Therefore the second option is correct

6 0
3 years ago
During the Christmas season, stores sell trees and wreaths are applying the ___ utility
Aleks [24]

PLACE.........................................................................

                     

4 0
4 years ago
Most phone numbers are seven digits long, and this fits within the memory span of digits for most people. when is it helpful to
irina1246 [14]
It is helpful to convert phone numbers into letters when you are advertising for a business.  For example, if you were advertising for a fish market, the phone number could be something like "123-FISH".  This is helpful to remember the numbers for a lot of people.  It's a lot more likely someone will remember  "123-FISH" than a bunch of random numbers.

Hope this helps!! 
8 0
4 years ago
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