1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leto [7]
3 years ago
8

Jessie's car broke down, and she needs to borrow money to pay for repairs. She wants to use her car as collateral for a short-te

rm loan. This type of loan is called a ____.
A. title loan
B. line of credit
C. mortgage
D. payday loan
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:A

Explanation:

You might be interested in
Roberts Supply, Inc. provides the following data taken from its third quarter budget: Sep $83,000 $67,000 $59,000 Jul Aug ter Ca
Bumek [7]

Answer:

The answer is 1000 dollars.

Explanation:

In this question we are asked to calculate the cash closing balance as at 30 september. The opening cash balance that is 10000 dollars is given and, data related to the receipt and payments made in the quarter ended at september is also provide in the question.

We can easily calculate the cash balance as at 30 september with the help of accounting equation given below.

Closing Balance = Opening balance + Cash collections- Cash payments

                            = 10,000+ 209,000- 218,000*

                            = 1000$

* It include sum of all capital expenditures, operating expenses and purchases of direct material.

5 0
3 years ago
Which one of the following is not true when the economy is in macroeconomic​ equilibrium? A. When the economy is at​ long-run eq
uranmaximum [27]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • Throughout the macroeconomic equilibrium, the aggregate supply curve becomes equivalent to something like the supply curve, the real GDP seems to be comparable to potential Output (GDP), however, if frictional as well as systemic unemployment seems to be the maximum total poverty throughout the longer term.
  • Consequently, whenever the economy seems to be in macroeconomic equilibrium, the argument which is not accurate would be that the businesses would have excess power.

So that Option C is the right answer.

6 0
3 years ago
Skysong Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at
k0ka [10]

Answer:Skysong journal $

Date

December 2020

Raw material Dr 984,100

Loss on raw material 48,000

Supplier Cr 1,032,100

Narration. recognition of raw materials purchased at agreed value.

2021

Supplier Dr. 1,032,100

Bank Cr. 1,032,100

Narration. Payment for raw materials purchased at agreed value.

Explanation:

The raw materials needs to be paid for at the agreed value not withstand ing the fall in value. However stock are to be recognized at cost or net realisable value which ever is less and since the market value of the stock has dropped this has to be recognized as a loss in the income statement to avoid the stock been over value.

6 0
3 years ago
What distinguishes a product/service from the competition ?
Anastaziya [24]

Answer:

C) Unique value proposition

Explanation:

Product differentiation is a marketing strategy that strives to distinguish a company's products or services from the competition. Successful product differentiation involves identifying and communicating the unique qualities of a company's offerings while highlighting the distinct differences between those offerings and others on the market.

7 0
3 years ago
Suppose the United States is currently producing 200 tons of hamburgers and 60 tons of tacos and Mexico is currently producing 4
4vir4ik [10]

Answer:

Explanation:

United States is producing 200 tons of hamburgers and 60 tons of tacos.

United States' opportunity cost for producing 1 ton of hamburgers

= \frac{60}{200}

= 0.3

United States' opportunity cost for producing 60 tons of tacos.

= \frac{200}{60}

= 3.33

So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.

Mexico is producing 40 tons of hamburgers and 50 tons of tacos.

Mexico's opportunity cost of producing a ton of hamburgers

= \frac{50}{40}

= 1.25

Mexico's opportunity cost of producing a ton of tacos

= \frac{40}{50}

= 0.8

So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.

Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.

Mexico specializes in making tacos, it will produce 50 tons of tacos and 0 tons of hamburgers.

5 0
3 years ago
Other questions:
  • The Fed's control over interest rates, quantitative easing, and direct lending to financial institutions are some of the tools o
    8·1 answer
  • In its role as money manager, the Federal Reserve has three primary goals: to maintain stable prices (control inflation), ensure
    9·1 answer
  • A stock listing contains the following information:
    15·1 answer
  • GKM, Inc. is a manufacturer of furniture. At the beginning of​ February, it was estimated that each unit of Let the Light In wou
    11·1 answer
  • Cactus Company purchased a new machine on August 1, 2017. At that time, the original cost of the machine was recorded at $180,00
    6·1 answer
  • You purchase a $325,000 town home and you pay 25 percent down. You obtain a 30-year fixed-rate mortgage with an annual interest
    12·1 answer
  • business was defined as the organized effort of individuals to produce and sell, for a profit, the goods and services that satis
    10·1 answer
  • which of the following agencies manages and deploys the Integrated Ballistic Identification System A. FTI B. FBI C. ATF D. DOJ
    10·1 answer
  • If the government removes a tax on a good, then the price paid by buyers will
    14·1 answer
  • What type of corporation sells millions of shares and must furnish complete information about its earnings, assets, and debts
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!