The correct answer is installment credit. The explanation is below.
Installment credit allows you to purchase an item and then pay for it in installments. The reason that this would be the best option for you is that you do not have the money now to make the purchase, but you are able to make smaller monthly payments in order to purchase a computer.
Installment credit is better than revolving credit for new borrowers. Revolving credit would allow you to charge additional purchases on your revolving credit account. The installment plan only finances one item, rather than like a credit card, which is how revolving credit works. You would not choose non-installment credit because this would require you to make this payment all at once in a short period of time. It would not allow you to spread the payments out over time.
Answer:
it's 4, a skill you can use in many different situations
Answer:
€4,883,000
Explanation:
The computation of cost of sales is shown below:-
Inventory = 35,000 ÷ €12
= 2,917 units
Weighted average cost of inventory
= (2,917 × €12) + (35,000 × €14)
= €35,004 + €490,000
= €525,004
So weighted average cost = €525,004 ÷ €40,833.33
= €12.85
So, cost of sales = weighted average cost × sold units
= €12.85 × 38,000
= €4,883,000
Answer:
a. 9%
b. Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits
d. Rate of return of economy = 7%
Explanation:
a. Percentage rate of return = Earning ÷ Investment by founders × 100
= $18 ÷ $200 × 100
= 9%
b. Company rate of profit - Rate of profit of economy
= 9% - 7%
= 2% > 0
Yes, the firm earning an economic profit of 2%
c. Yes, Industry will see entry or exits because industry is competitive in nature and would to like to compete to others by satisfying the consumers . In perfect competitive markets there will be no entry or exits and critical characteristics reason companies are free for entry and exit for marginal profits.
d. Industry is competitive , there will be supplier to serve the market and its hard to decide the price of the product.
Hence, the rate of return long run equilibrium earned by firm = Rate of return of economy = 7%
This chopping board is new and innovative in design and practicality. the classic light wood chopping board look has been reimagined by adding the dark accent stripes breaking up the look. the practicality comes with the handle which has been conveniently placed so the chopping board is easy to move and store. (i hope this helps)
