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3 years ago

Which lender most likely offers the best options on a short-term loan?

Business

1 answer:

DochEvi [55]3 years ago

3 0

Answer:

a. payday lender. a company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck.

Explanation:bc none of the other answers make sense, like a mortgage lender? thats for owning a house. a title lender is A loan that requires an asset as collateral is known as a title loan. ... Title loans are usually taken on by individuals needing cash fast or those in financial difficulties. The costs of title loans are exorbitant and they are considered a bad financing option. and a bank or credit union is used to take money or put money into a bank. so if it isnt a its d. but im 99% sure. yw :))

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Mercantilists wanted a favorable balance of trade, by which they meant a. exports = imports. b. exports > imports. c. exports

lawyer [7]

Answer:

<u>b. exports > imports.</u>

Explanation:

Note that when a country's exports are less than imports of the country that is a case of unfavorable balance of trade.

So Mercantilists often aim to see excess of exports over imports which they believe means added income (exports) and less of expenditure ( imports).

Remember the balance of trade (BOT) looks at foreign exchange between countries.

5 0

3 years ago

Carolyn bought 200 shares of stock at $30 per share ($6,000 total). She paid $3,000 in cash and borrowed $3,000 from the brokera

Alexeev081 [22]

Carolyn's net profit from her investment was <em>$1,805.</em>

<h3>Data and Calculations:</h3>

Investment in 200 shares at $30 per share = $6,000

Loan from brokerage firm = $3,000

Annual interest rate = 5%

Interest expense for 6 months = $75 ($3,000 x 5% x 6/12)

Proceeds from the sale of the investment = $8,000 ($40 x 200)

Commission to brokerage firm = $120

The Gross profit from the sale of the investment = $2,000 ($8,000 - $6,000)

The Net profit from the investment = $1,805 ($2,000 - $75 - $120).

Thus, Carolyn's net profit from her investment was <em>$1,805.</em>

Learn more about calculating the net profit here: brainly.com/question/4177260

6 0

2 years ago

No matter how well the football team plays, they will win few games because they are in a league that consists mainly of stronge

balu736 [363]

Answer: :(

Explanation:

7 0

3 years ago

Your Company makes and sells a single product. Each unit sells for $32 dollars and has a unit variable cost of $20. The company

andre [41]

Answer:

Your Company

The cash that must be borrowed to cover all cash disbursements and to obtain the required November 30 cash balance is:

= $18,000.

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Variable cost per unit = $20

Contribution margin per unit = $12 ($32 - $20)

Beginning cash balance on November 1 = $45,000

Cash disbursements = $1460,000

Depreciation expense = $35,000

Minimum required cash balance on November 30 = $75,000

Budgeted sales units for November = 46,000

Sales revenue (cash) = $1,472,000 (46,000 * $32)

Variable costs = 920,000 (46,000 * $20)

Contribution margin = $552,000 (46,000 * $12)

Cash Budget

For the month of November

Beginning cash balance $45,000

Total cash collections = 1,472,000

Cash available $1,517,000

Cash disbursements (1,460,000)

Cash balance $57,000

Cash to borrow 18,000 ($75,000 - $57,000)

Minimum cash balance $75,000

3 0

2 years ago

What is the historical development of accounting

Vaselesa [24]

Answer:

Accounting history dates back to ancient civilizations in Mesopotamia, Egypt, and Babylon. For example, during the Roman Empire the government had detailed records of their finances. However, modern accounting as a profession has only been around since the early 19th century. The earliest accounting records were found over 7,000 years ago among the ruins of Ancient Mesopotamia. At the time, people relied on accounting to keep a record of crop and herd growth.

Explanation:

4 0

3 years ago