What is the difference between a monopolistically competitive demand curve and a perfectly competitive demand curve

Answers

Answer 1
the demand curve for a perfectly competitive firm is completely elastic and a horizontal line. Monopolistically competitive demand curve is downward sloping and is more elastic than monopoly because there are more substitutes.

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true or false: memoranda are usually written for external audiences (clients, prospective clients, and others who are outside of the company in which one works).

Answers

False. Memoranda, also known as memos, are usually written for internal audiences within a company or organization.

Memos are a form of business communication that are used to convey important information, updates, requests, or directives to colleagues, supervisors, or subordinates. They are an efficient and effective way of communicating within an organization, as they can be quickly circulated and easily referenced. Memos are often used to communicate changes in policies, procedures, or business practices, as well as to provide updates on projects or to request information or action from other employees. They may also be used to convey important announcements or to share news about company events or milestones. Memos are usually relatively short and to the point, and are often structured with headings, bullet points, or numbered lists to make them easy to read and understand. While memos are typically written for internal audiences, they may be shared with external audiences in certain situations. For example, a memo may be used to communicate with vendors or suppliers, or to provide information to customers or clients. However, in general, other types of business communication, such as letters, emails, or reports, are more commonly used for external audiences. Memos can be written in a variety of formats, depending on the organization's preferences and the purpose of the memo. They may be handwritten or typed, and may be sent as hard copies or as electronic documents. Memos may also be distributed through an organization's intranet or other electronic communication channels.

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-Fiscal and Monetary Discussion-

Come up with an original scenario that will show an economy in either contraction or expansion. Use the appropriate economic indicators to allow a classmate to be able to identify the phase your economy is in.


-Please let me know what phase the economy is in but don’t add that in the discussion so my classmates can guess for them selves

Answers

With regard to Fiscal and Monetary Discussion, in the past year, the country of Marland has experienced a surge in economic activity due to a boom in the technology industry.

What is the explanation for the above response?

As a result, Marland's gross domestic product (GDP) has increased by 5% and unemployment has decreased to 4.5%. However, this increase in economic activity has also led to an increase in inflation, with consumer prices rising by 3%.

In response, the central bank has raised interest rates to 3%, leading to a decrease in consumer spending and a slowdown in housing construction. The government has also increased taxes on luxury goods to combat inflation. These actions have resulted in a decrease in business investments, leading to a contraction in the economy.

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PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)

When comparing financial institutions, price is an important factor. What is TRUE about prices in financial institutions?


A. Interest rates on CD accounts are lower than on other types of accounts.


B. Higher interest rates will give you a higher return on your money.


C. It is illegal for financial institutions to have fees attached to checking accounts.

Answers

B
hope this helps you :)

Higher interest rates will give you a higher return on your money.

Select the examples of Energy workplaces. mines, power plants, refineries, schools, trains, warehouses, stores, offices.

Answers

Answer: Mines, Power Plants, Refineries, Office

Explanation: I just took the assignment good luck!

Mines, power plants, trains, refineries and warehouses are some examples of workplaces that consume energy in huge quantities on a regular basis.

What are workplaces?

A place or a location which is designated for working or carrying an activity, whether commercial or non-commercial, is known as a workplace. An energy workplace is such place where energy is required.

Hence, workplaces of energy are aforementioned.

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During your meeting with your client, Hayden Doyle, you recommended he purchase a personal liability umbrella policy (PLUP). Which part of the financial planning process were you engaged in?

Answers

Answer:

b. Develop and present financial planning recommendations.

Explanation:

Since in the question it is mentioned that there is a recommendation for buying a personal liability with respect to the umbrella policy so in the steps of the financial planning process, the step that should be considered is to develop & present the recommendation with regard to the financial planning as the financial planning is important than can save your future

hence, the correct option is B.

analyse the impact of an enterprise using break even analysis to make business decisions

Answers

Answer:

Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.

Bluegill company sells 11,700 units at $140 per unit. fixed costs are $81,900, and operating income is $573,300. determine the following:a. Variable cost per unit:_________ b. Unit contribution margin III per unit:_________ c. Contribution margin ratio __________%

Answers

a. The variable cost per unit can be calculated using the contribution margin formula: selling price per unit - variable cost per unit = contribution margin per unit. Rearranging the formula to solve for variable cost per unit, we get: variable cost per unit = selling price per unit - contribution margin per unit. Plugging in the given values, we get: variable cost per unit = $140 - ($573,300/11,700) = $90.b. The unit contribution margin can be calculated as the difference between the selling price per unit and the variable cost per unit. Using the value of variable cost per unit from part a, we get: unit contribution margin = $140 - $90 = $50.


c. The contribution margin ratio can be calculated as the contribution margin per unit divided by the selling price per unit, or as the total contribution margin divided by total sales revenue. Using the value of unit contribution margin from part b, we get: contribution margin ratio = ($50/$140) x 100% = 35.7%.
The Bluegill Company sells 11,700 units at $140 per unit. Fixed costs are $81,900, and operating income is $573,300. To determine the variable cost per unit (a), we first calculate the total revenue ($140 x 11,700) which is $1,638,000. Then, we subtract fixed costs and operating income from the total revenue to find total variable costs ($1,638,000 - $81,900 - $573,300) which is $982,800. Now, we divide the total variable costs by the number of units to get the variable cost per unit ($982,800 / 11,700), which is approximately $84.


To determine the unit contribution margin (b), we subtract the variable cost per unit from the selling price per unit ($140 - $84), which is $56 per unit.
Lastly, to determine the contribution margin ratio (c), we divide the unit contribution margin by the selling price per unit ($56 / $140), which equals 0.4 or 40%.

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Keesha Co, borrows $230,000 cash on November 1 of the current year by signing a 90-day, 9%, $230,000 note. 1. On what date does this note mature ? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) Issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity.

Answers

The note matures on January 30 of the following year, which is 90 days from the date of issuance. The interest expense in the current year is $5,175 ($230,000 × 9% × 60/360).

To determine the maturity date of the note, we add 90 days to the date of issuance. Therefore, the note matures on January 30 of the following year. The interest expense in the current year is calculated based on the formula: Principal amount ($230,000) × Interest rate (9%) × Time period (60 days from November 1 to December 31) / 360 days. This equals $5,175. The interest expense in the following year is also calculated using the same formula but with a time period of 30 days (from January 1 to January 30), resulting in $5,175.

a) To record the issuance of the note, we debit Cash for $230,000 and credit Notes Payable for $230,000.

(b) To accrue interest on December 31, we debit Interest Expense for $5,175 and credit Interest Payable for $5,175.

c) To record the payment of the note at maturity, we debit Notes Payable and Interest Payable for $230,000 and credit Cash for $235,175 (including both the principal amount and the accrued interest). These journal entries accurately record the issuance, accrual, and payment of the note, ensuring proper accounting treatment for the borrowing and associated interest expenses.

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Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth

Answers

Answer: customer loyalty

Explanation:

Marianna has been returning from her lunch break 30 minutes late for the past 2 weeks. When her manager confronts her about it, she points out that everyone, including her manager, takes long lunches and makes up the half hour later in the day. The discipline of Marianna appears to violate which Just Cause test?

a. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged?
b. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee's proven offense and the record of the employee's service with the company?
c. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee's conduct?
d. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?

Answers

Answer:

d. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?

Explanation:

The seven tests for Just Cause are the following:

Adequate warning Reasonableness Completeness of investigation Objectivity of investigation Proof of infraction Uniformity of the rules application (option D refers to this specific Just Cause test)Reasonableness of discipline.

The Just Cause tests are used to determine if any disciplinary or termination action was fair, and not just because the employer or supervisor wants to.

Discuss any four ways in which Specialization has
improved the economic development of Nigeria

Answers

Answer:

Specialization has helped in these four ways:

1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.

2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.

3. Has helped bring the electrification of the country.

4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.

The fed's primary tool to change the money supply is?

Answers

The Federal Reserve's primary tool to change the money supply is open market operations, which involve buying and selling government securities to inject or withdraw money from the banking system, thereby influencing the overall money supply.

The Federal Reserve's primary tool to change the money supply is open market operations. Open market operations involve the buying and selling of government securities, such as Treasury bonds, in the open market.

1. The Federal Reserve decides to increase or decrease the money supply.

2. If the Fed wants to increase the money supply, it buys government securities from banks and other financial institutions in the open market.

3. By purchasing these securities, the Fed injects money into the banking system, increasing the reserves held by banks.

4. The increased reserves enable banks to lend more money to businesses and individuals, thereby expanding the money supply.

5. Conversely, if the Fed wants to decrease the money supply, it sells government securities to banks and other financial institutions.

6. Selling securities reduces the reserves of banks, limiting their ability to lend and contracting the money supply.

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What are closing costs?
Fees added for the cleaning of a home
Fees for renovating/remodeling the home
Fees added when buying a house such as title transfer fees and lawyer fees
Fees paid by the local township

Answers

Answer:

C) Fees added when buying a house such as title transfer fees and lawyer fees

Explanation:

Fees added when buying a house such as title transfer fees and lawyer fees

Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.

Answers

Answer:

B

Explanation:

I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.

Someone please help will mark as brainliest

Someone please help will mark as brainliest

Answers

Answer:

1. B

2. D

3. C

4. A

Explanation:

Happy Holidays :)

The following data from the just completed year are taken from the accounting records of Mason Company:

Answers

Mason Company's accounting records indicate that the company had net sales revenue of $1,500,000, cost of goods sold of $1,000,000, and operating expenses of $250,000 in the previous year. The company's operating income is calculated by subtracting the cost of goods sold and operating expenses from net sales revenue.

Using the figures mentioned, the calculation for operating income is:

$1,500,000 - $1,000,000 - $250,000 = $250,000

The Mason Company's accounting records contain data for the previous year, which includes net sales revenue of $1,500,000, cost of goods sold of $1,000,000, and operating expenses of $250,000.

Operating income is the amount remaining after deducting the cost of goods sold and operating expenses from net sales revenue. In this scenario, operating income is:$1,500,000 - $1,000,000 - $250,000 = $250,000

Therefore, Mason Company's operating income for the year ended is $250,000.

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Correct Inc. is a publicly traded firm with 100 million diluted shares outstanding trading at $37.50 per share. The company has $1 billion of debt outstanding with a cost of debt at 6.5% at a marginal tax rate of 40%. The company has $100 million of cash on its balance sheet. What is the enterprise value of Correct Inc.

Answers

Answer:

The enterprise value of Correct Inc is $4,650 M

Explanation:

In this question, we are interested in calculating the enterprise value of Correct Inc

To do this, we use the mathematical formula below;

Enterprise Value = market value capital and debts - cash and investments

Enterprise Value = 100m shares * $37.50 per share + $1000m debts - $100m

= $3750 m + $1000 m - $100 m

= $4650 m

A promisee has the right to expect or demand that something will or will not happen in the future.

a. True
b. False

Answers

The given statement is True.

The promisee has the right to expect or demand that something will or will not happen in the future.

The promisor is the one who makes the promise, and the promisee is the one to whom the promise is made.

The parties to the contract are the promiser and promisee, and they are the only ones with privity. A promisor is a person who makes promises with the best interests of the third party recipient in mind. A party who pays money in exchange for a promise from the promisor is known as a promisee.

The general rule that a person who is not the original party to a contract cannot enforce it or make a claim of breach of contract against any party is subject to an exception.

Making a promise is a pledge that you will keep your word, whether the promise is to yourself or to someone else. It is a promise that strengthens trust.

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An award of stock that is not transferable or subject to forfeiture for a period of years is called:________

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An award of stock that is not transferable or subject to forfeiture for a period of years is called Restricted Stock.

Restricted stock is a type of equity compensation granted to employees by their employer. The shares are subject to a vesting schedule, which means they cannot be sold or transferred until a certain time period has elapsed or specific performance milestones are met. This vesting period serves as an incentive for employees to stay with the company and contribute to its success.

Once the vesting conditions are satisfied, the employee gains full ownership of the shares, which can then be freely traded or sold. Restricted stock helps align the interests of employees and shareholders, fostering a long-term commitment to the company's growth and success.

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What is the purpose of the Subtotal feature?

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Use the SUBTOTAL function to exclude filtered or hidden rows when calculating a total. You can choose any one of the 11 functions that SUBTOTAL can calculate, such as Sum, Average, Count or Max. Hope this helps!!

A $1,000 par value bond with five years left to maturity pays an interest payment semiannually with a 9 percent coupon rate and is priced to have a 8.3 percent yield to maturity. If interest rates surprisingly increase by 0.5 percent, by how much would the bond’s price change? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Answers

The bond's price would decrease by approximately $48.64 if interest rates unexpectedly increase by 0.5 percent.

To calculate the price change, we first need to determine the new yield to maturity (YTM). Given that interest rates have increased by 0.5 percent, the new YTM would be 8.3% + 0.5% = 8.8%.

Next, we calculate the new present value of the bond's cash flows using the new YTM. The bond has five years left to maturity, so it will make ten semiannual interest payments (two per year). Each interest payment is calculated as $1,000 (par value) * 9% (coupon rate) / 2 (semiannual payments) = $45.

Using the formula for present value of an ordinary annuity, the present value of the bond's cash flows can be calculated as follows: PV = ∑ (C / (1 + r)^n), where C is the cash flow, r is the interest rate, and n is the period.

PV = ∑ ($45 / (1 + 0.088)^n), for n = 1 to 10

By summing up the present values of all cash flows, we find the bond's price under the new YTM to be approximately $955.16.

Finally, we calculate the price change by subtracting the new price from the original price: $1,000 - $955.16 = $44.84. Rounding to two decimal places, the bond's price would decrease by approximately $48.64.

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in considering interim financial reporting, how does current u.s. gaap require that such reporting be viewed?

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In considering interim financial reporting, current U.S. GAAP requires that such reporting be viewed as a separate reporting period with its own financial statements.

Interim financial reporting is the financial information a business entity reports for a period less than a year. This is usually an interim quarter or an interim six months that covers part of a business entity’s financial year.

The principal reason for interim financial reporting is to keep stakeholders informed about the entity’s progress throughout the year.

A business entity that prepares interim financial reports must adhere to the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC) 270, Interim Reporting. This requires that such reporting be viewed as a separate reporting period with its financial statements.

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the high failure rate of new products shows that companies are not able to ________.

Answers

The high failure rate of new products shows that companies are not able to accurately predict and meet consumer demands and preferences, adequately assess market competition and trends, effectively communicate the value proposition of their product, and/or efficiently manage resources and production processes.
The high failure rate of new products shows that companies are not able to effectively conduct market research, identify consumer needs, and develop products that cater to these needs. This may result in poor product-market fit, leading to a lack of demand and ultimately, product failure.

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The operations vice president of security home bank has been interested in investigating the efficiency of the bank’s operations. She has been particularly concerned about the costs of handling routine transactions at the bank and would like to compare these costs at the bank’s various branches. If the branches with the most efficient operations can be identified, their methods can be studied and then replicated elsewhere. While the bank maintains meticulous records of wages and other costs, there has been no attempt thus far to show how those costs are related to the various services provided by the bank. The operations vice president has asked your help in conducting an activity-based costing study of bank operations. In particular, she would like to know the cost of opening an account, the cost of processing deposits and withdrawals, and the cost of processing other customer transactions.

Answers

The costing study of bank operation goes thus:

Opening accounts:

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 5% = $8,000

Asst. branch manager salary $75,000 x 15% = $11,250

Branch manager salary $80,000 x 5% = $4,000

Total $23,250

Activity rate of opening accounts = Total cost of opening accounts / new accounts opened

Activity rate = $23,250 / 500 = $46.50 per new account

Processing deposits and withdrawals:

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 65% = $104,000

Asst. branch manager salary $75,000 x 5% = $3,750

Branch manager salary $80,000 x 0% = $0

Total $107,750

Activity rate of opening accounts = Total cost of processing deposits and withdrawals / deposits and withdrawals processed

Activity rate = $107,750 / 100,000 = $1.08 per deposit and withdrawal processed

Processing other customer transactions:

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 20% = $32,000

Asst. branch manager salary $75,000 x 30% = $22,500

Branch manager salary $80,000 x 10% = $8,000

Total $62,500

Activity rate of opening accounts = Total cost of processing other customer transactions / other customer transactions processed

Activity rate = $62,500 / 5,000 = $12.50 per other customer transactions processed

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A reduction in price is sometimes referred to as

Answers

A discount is one expression frequently used to refer to a price reduction. A percentage or dollar amount is subtracted from the original cost of a good or service to provide a discount.

Businesses frequently provide discounts to entice customers to buy their goods or services, especially when there is a fiercer competition or a pressing need to move inventory. There are numerous ways to publicize discounts, including sales, promotions, and coupons.

Another term used to describe a reduction in price is a markdown. A markdown is a reduction in the price of a product that occurs when the item is not selling as quickly as anticipated.

Markdowns are often used by retailers to clear out excess inventory or to make room for new products. Markdowns can be temporary or permanent and can be applied to a single item or to an entire category of products.

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A reduction in price is sometimes referred to as a discount.

What is a reduction?

A reduction in price refers to a decrease in the original price of a product or service. It is a common marketing strategy used by businesses to attract customers, increase sales, or move inventory. A reduction in price can take many forms, such as a discount, a sale, a markdown, or a price cut.

The discount or markdown can be expressed as a percentage or a dollar amount. For example, a store may offer a 20% discount on all items or reduce the price of a specific product by $10. The goal of a reduction in price is to make the product or service more appealing to consumers by making it more affordable or offering a better value. This can help businesses increase their market share, build customer loyalty, and ultimately increase revenue.

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the logistics process of recycling or disposing of returns from customers or from resellers is known as

Answers

The logistics process of recycling or disposing of returns from customers or from resellers is known as reverse logistics.

What is the reverse logistics process?

Reverse logistics, as it is commonly known, is the movement of commodities away from their usual final location in order to increase their value or ensure correct disposal. The management and sale of excess inventory or raw materials, as well as the delivery of rented machinery, equipment, and other hardware back to the leasing company, are all included in reverse logistics. Another name for it is returned.

Every e-commerce fulfillment operation needs management to be successful. An order's return procedure is known as reverse logistics. Moving the product back to its place of origin once it leaves the client is known as this process. Reverse logistics, in essence, is the handling or process of an item after the initial sale.

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Jack, a geologist, had been debating for years whether or not to venture out on his own and operate his own business. He had developed a lot of solid relationships with clients, and he believed that many of them would follow him if he were to leave his current employer. As part of a New Year's resolution, Jack decided he would finally do it. Jack put his business plan together, and, on January 1 of this year, Jack opened his doors for business as a C corporation called Geo-Jack (GJ). Jack is the sole shareholder. Jack reported the following financial information for the year (assume GJ reports on a calendar year, uses the accrual method of accounting, and elects to account for inventory). In January, GJ rented a small business office about 12 miles from Jack's home. GJ paid $10,000, which represented a damage deposit of $4,000 and rent for two years ($3,000 annually). GJ earned and collected $290,000 performing geological-related services and selling its specialized digging tool. GJ received $50 interest from municipal bonds and $2,100 interest from other investments. GJ purchased some new equipment in February for $42,500. It claimed depreciation on these assets during the year in the amount of $6,540. GJ paid $7,000 to buy luxury season tickets for Jack's parents for State U football games. GJ paid Jack's father $10,000 for services that would have cost no more than $6,000 if Jack had hired any other local business to perform the services. While Jack's dad was competent, he does not command such a premium from his other clients. In an attempt to get his name and new business recognized, GJ paid $7,000 for a one-page ad in the Geologic Survey. It also paid $15,000 in radio ads to be run through the end of December. GJ leased additional office space in a building downtown. GJ paid rent of $27,000 for the year. In November, Jack's office was broken into, and equipment valued at $5,000 was stolen. The tax basis of the equipment was $5,500. Jack received $2,000 of insurance proceeds from the theft. GJ incurred a $4

Answers

The rent paid in January represents prepaid rent and should be recorded as a prepaid expense on the balance sheet. Only the portion of rent that applies to the current year (i.e., $3,000) should be recorded as an expense on the income statement.

Revenue:

Geological-related services: $290,000

Sales of specialized digging tool: $0 (amount not provided)

Interest income:

Municipal bonds: $50

Other investments: $2,100

Expenses:

Rent: $10,000 (paid in January, represents a damage deposit of $4,000 and rent for two years at $3,000 annually)

Equipment: $42,500 (purchased in February, with depreciation claimed during the year in the amount of $6,540)

Football tickets: $7,000 (for Jack's parents)

Services from Jack's father: $10,000 (above market value for comparable services)

Advertising expenses: $22,000 ($7,000 for a one-page ad in the Geologic Survey and $15,000 for radio ads to run through December)

Office rent: $27,000 (for additional space leased in downtown building)

Theft loss: $3,000 ($5,500 tax basis minus $2,000 insurance proceeds)

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need rn! How do you journalize the transaction "paid cash for merchandise" in an expanded journal?

- debit Merchandise Expense and credit Cash
- debit Purchases and credit Cash
- debit Cash and credit Capital
- debit Purchases and credit Accounts Payable

Answers

Answer:

The first one

Explanation:

because I went through this

3 Select the correct answer. Tracy applied for a home loan from her bank. The bank is willing to give her the loan but at a very high interest rate. Why do you think the bank is charging her a high interest rate? A low amount of credit left B. good payment history OC. bad payment history OD. high number of bank accounts​

Answers

Answer:

C. bad payment history

Explanation:

Creditworthiness is the term banks, and other lenders use to determine the risk associated with each customer. Credit score ratings place customers into different risk categories. A low credit score signifies a high-risk customer or low creditworthiness. Banks will extend credit facilities to a high-risk customer at a high-interest rate.

A customer with a poor loan repayment history has a low credit score. Tracy is being offered the loan at a high-interest rate due to her low creditworthiness. Her case would be different if she had a better credit score associated with a good loan repayment history.

The following are methods of delivering a presentation except:____. group of answer choices
a. manuscript.
b. impromptu.
c. extemporaneous.
d. informal.

Answers

Answer: informal

Explanation: memorized replaces informal

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