MVJ Corp., a market research firm, borrows $2 million from trimitium bank. while negotiating with the bank, the firm signs a promissory note, which specifies that the firm must pay the borrowed amount in 90 days with interest. however, the bank also requires the firm's inventories and receivables to be pledged as collateral to back the loan. which of the following financing options is being offered by trimitium bank in the given scenario?1. spontaneous financing2. short-term bank loans3. bank debit4. factoring

Answers

Answer 1

Answer:

Answer:

Option "2" is the correct answer to the following statement.

Explanation:

A short-term loan is a form of loan received to endorse short term business and personal wealth for a very short period. It is a tempting and temporary option, for most of the short term businesses which are not easily eligible for a loan from a financial institution.

This type of loan mostly paid back in a very short period usually in 12 months.

In this case, MVJ gets a loan for 90 days or 3 months so it is considered a short term loan.

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Answers

A company controls the market for a good or service

The weighted-average method a. calculates an average unit cost by dividing the total cost of goods sold by the total units sold.
b. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.
c. calculates an average unit cost by adding the total cost of goods available for sale to the total units of goods available for sale.
d. none of the above

Answers

The weighted average method is used to assign the average cost of production to a product. Weighted average costing is commonly used in situations where:

Inventory items are so intermingled that it is impossible to assign a specific cost to an individual unit.The accounting system is not sufficiently sophisticated to track FIFO or LIFO inventory layers.Inventory items are so commoditized (i.e., identical to each other) that there is no way to assign a cost to an individual unit.

What are your role in the economy?

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I labor in a financial firm named: "Bank of America." I am an awfully active employer, heading to the company at early mornings and finishing probably at the afternoons.

My work is effortless.
I service customers day-to-day who need money in an envelope that they could take home or who require a bank account.

Which information security objective allows trusted entities to endorse information?

Answers

Certification information is the security objective that allows trusted entities to endorse information.

Certification information is what credits people to be certified in teaching information to other employees and allowing the information to be accredited. To make sure the information is given out properly and is trusted, accurate information we need to make sure its certified and verified.

Quick Eats is a fast-food restaurant that has recently entered the hospitality industry. Since most of its competitors are pursuing a low-cost position and doing well, Quick Eats also wants to adopt the same strategy. Which of the following will be a likely implication of this decision?A. Quick Eats will face low profit potential.
B. Quick Eats will be able to create higher value for its customers.
C. Quick Eats will be better placed to gain a competitive advantage in the industry.
D. Quick Eats will not face any direct competition in the industry.

Answers

Answer:

Which of the following will be a likely implication of this decision?.

B. Quick Eats will be able to create higher value for its customers.

Explanation:

A competitive advantage is to create value for your customers that in many cases your competitors cannot. Among which we can highlight lower cost, faster service, better customer service, a more convenient location.

Discuss how an increase in unemployment rate may not harm an economy

Answers

Answer:

The unemployment rate is the proportion of unemployed persons in the labor force. Unemployment adversely affects the disposable income of families erodes purchasing power,diminishes employee morale and reduces an economy's output.

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