Scott was denied the loan because he was not old enough to qualify.
What is the Payday loan?Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.
According to the above situation, Scott is cannot get the payback loan because he is minor to sanction a loan. He must have the age of 18 years or above.
Learn more about payday loan here:
https://brainly.com/question/3949419
#SPJ1
Economics is the study of how individuals and societies allocate.
The field of Economics allows us to study how individuals and societies are able to allocate resources.
What is economics?Economics is a field that studies the allocation of resources by a society to ensure that the needs of the society are met.
The reason the allocation of resources needs to be studied is because they are scarce and so have to be allocated with opportunity cost in mind.
Find out more on opportunity cost at https://brainly.com/question/1549591.
#SPJ1
External forces in the natural environment include A. the trend toward healthier lifestyles, which can shift spending toward exercise equipment and health clubs and away from alcohol and snack foods. B. air and/or water pollution, the depletion of irreplaceable natural resources, or inefficient energy/resource usage. C. interest rates, exchange rates, the inflation rate, the unemployment rate, the rate of economic growth, trade deficits or surpluses, savings rates, and per-capita domestic product. D. tax policy, fiscal policy, tariffs, the political climate, and the strength of institutions such as the federal banking system. E. slow growth in buyer demand.
External forces in the natural environment is C. interest rates, exchange rates, the inflation rate, the unemployment rate, the rate of economic growth, trade deficits or surpluses, savings rates, and per-capita domestic product.
What are external forces?
These are factors that affect an environment from the outside instead of within.
For the natural environment, this would represent everything that affects nature, but aren't really part of nature. This includes inflation, unemployment, and other economic factors.
Find out more on external forces at https://brainly.com/question/14783836.
#SPJ1
During market testing, Rembrandt Cosmetics realized that the cosmetics industry was dominated by multiple, well-established brands. These brands mostly sold their products in exclusive outlets and departmental stores. Rembrandt Cosmetics management realized that a new entrant would require a different business model to be successful. Thus, Rembrandt Cosmetics started selling its products through direct marketing. In this scenario, Rembrandt Cosmetics accomplished substitution primarily through
In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.
What is strategic planning?When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.
Hence, strategic planning holds true regarding the given situation.
Learn more about strategic planning here:
https://brainly.com/question/16699515
#SPJ1
Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answer:
capital
Explanation:
bulldozer is bought with capital.
Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment
The managers get things done by using organizational resources such as: such as:
equipmentworkersinformationWhat is an art of getting things done?These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.
Therefore, the Option A, B, D is correct.
Read more about organizational resources
brainly.com/question/15075305
#SPJ1
Suppose grapefruit is produced in a constant cost industry and sold in a perfectly competitive market. If the price for the grapefruit is lower than the average cost of producing grapefruit, what can we say about the long run equilibrium
What can we say about the long run equilibrium is: Fewer grapefruit will be produced.
What is perfectly competitive market?Perfectly competitive market can be defined as the market in which producer or manufacturer product similar or identical product.
Suppose the price of grape fruit is lesser compare to the average cost of production it , this tend to mean that in the long run only fewer or little amount of grapefruit will be produced.
Therefore fewer grapefruit will be produced.
Learn more about Perfectly competitive market here:https://brainly.com/question/4190313
#SPJ1
Is a stackelberg solution a Nash (stable) equilibrium? Explain. 2. Does the solution change if stackelberg game is considered in the long run? Explain. 3. Would a stackelberg leader collude with the stackelberg follower? Explain. 4. Would a Stackelberg leader be more likely or less likely to merge with the follower firm. Explain.
The Stackelberg solution can be used to find the perfect or stable Nash equilibrium or equilibria.
What is this equilibrium about?Other answers:
Based on the above, Note that the strategy profile is one where one serves best each player, and based on the strategies of the other player and it covers the fact that all player playing in a Nash equilibrium must be in every subgame.
Note also that The Stackelberg leadership model is said to be a kind off strategic game that is played in economics where the leader firm is known to moves first and then the follower firms is said to then move in a sequential manner and I think, the solution do not change if stackelberg game is considered in the long run.
I believe that the stackelberg leader will not collude with the stackelberg follower but in a lot of cases, there may be a collusion.
Yes, a Stackelberg leader can be more likely or less likely to merge with the follower firm as a merger can be profitable to them.
Learn more about equilibrium from
https://brainly.com/question/517289
#SPJ1
Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship
Answer: Creative scholarship
Explanation: Because
If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).
What do you mean by the Creative scholarship?When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.
For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.
You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.
Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.
To know more about the Creative scholarship, visit:
https://brainly.com/question/14210550
#SPJ2
The monopsonist's marginal factor (rource) cost curve for labor is
The company must: hike the factor prices to hire additional employees, a monopolist's marginal factor cost curve is above its labor supply curve.
What is a marginal factor cost?Marginal factor cost is the increment in the additional factor of production that leads to the increase in the one-unit amount.
It is showed in unit like the labor has worked ten per unit in the given period of time.
Thus, its labor supply curve.
For more details about marginal factor cost, click here:
https://brainly.com/question/22930104
#SPJ4
U
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
Possible
can help check whether the
debit side is equal to the
credit side
Not Possible
The descriptions to cases that will possibility be addressed by a Trial Balance are:
can detect the accuracy of the accounting process(possible)can help check whether the debit side is equal to the credit side(possible)can help prepare the income statement(possible)helps serve as a proof of the application of the double-entry system(not possible)can help check whether a particular transaction has been completely omitted(not possible)What is trial balance?A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
learn more about trial balance at:https://brainly.com/question/24217989
#SPJ1
Which of the following is not one of the four main types of inventory?
a. raw material inventory
b. work-in-process inventory
c. maintenance/repair/operating supply inventory
d. safety stock inventory
e. All of these are main types of inventory.
Answer:
All of these are main types of inventor.
Of all the given types of inventory, the one which is not on the list of four main inventory is the safety stock inventory. Hence, Option D is correct.
What is an inventory?
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.
There are four basic categories of inventory: finished items, MRO, WIP, and raw materials/components. All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Thus, Option D is correct.
Learn more about inventory from here:
https://brainly.com/question/15118949
#SPJ2
Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior to the minimum wage hike was $10/hour. Which is likely to result from increasing the minimum wage
As a result of the minimum wage hike to $20/hour, Some employers and workers will agree on a wage less than $20 and not report the wages to the government.
What happens when the minimum wage is higher than the equilibrium wage?Employers would employ less people because they would be unable to pay the minimum wage demanded by the government.
In order to keep their jobs, some employees will make a deal with employers to pay them less than the minimum wage.
Find out more on minimum wage laws at https://brainly.com/question/14337883.
#SPJ1
A group of customers that a business decides to focus its marketing efforts and, ultimately, its products on is a _____. target market niche industrial market consumer market
Answer:
Target market!!
Explanation:
Hope this helps:)
Using online and mobile banking apps to schedule automatic transfers of money into your savings account can help you _____. everfi
Using online and mobile banking apps to schedule money transfers to your savings account can help you meet savings goals.
How to manage personal budget?It is essential to organize your accounts and expenses in a structured way, allocating resources to be used according to your needs and desires. For this you can use technological resources, creating spreadsheets in applications increasing control over your budget.
Therefore, the control over the personal budget helps in the individual financial balance, organizing the accounts according to their needs.
Find out more about personal budget here:
https://brainly.com/question/1943261
#SPJ1
Deandre and Mason both enjoy sunshine, water, and surfboards. Thus, the two friends decided to create a business together renting surfboards, paddle boats, and inflatable devices in California. Deandre and Mason will equally share in the decision making and in the business profits or losses. Which type of business did they create if they both have full personal liability for the firm's
Answer:
General Partnership
Explanation:
The general partnership is the type of business did they create if they both have full personal liability for the firm's.
What is business?Business is defined as the activity of creating, purchasing, and reselling goods in order to support oneself or earn money. A company can make money from the goods and services it provides. The word "business" derives from the verb "to be busy," which refers to action. It consistently functions.
General partnership is defined as a type of partnership where each member is responsible for the business ventures of the partnership. The parameters governing the division of earnings and losses, managerial activities, and interest transfers are negotiable in general partnerships.
Thus, the general partnership is the type of business did they create if they both have full personal liability for the firm's.
To learn more about business, refer to the link below:
https://brainly.com/question/15826771
#SPJ5
Learning Task No. 3 Direction: Write the advantages ang disadvantages of the following packaging materials. Write your answer on a separate sheet of paper. Types of packaging Materials Advantage/s Disadvantage/s 1. Leaves 2. Vegetable Fibers 3. Wooden Crate 4. Paper 5. Earthenware 6. Glass 7. Plastic 8. Metal
To identify the advantages and disadvantages of packaging materials it is necessary to analyze the purpose, durability and protection of the product.
What is the best packaging for a product?It will be one that protects the characteristics of the product, is durable and sustainable. Leaves, for example, are safe biodegradable materials for packaging some foods, but they still need more technological development for scale production.
Another example is that vegetable fibers are also sustainable materials but are also being used experimentally in the sustainability awareness phase.
Therefore, the ideal packaging will be one that protects the necessary characteristics of the product and is ecologically sustainable for the protection of the environment.
Find out more about sustainability here:
https://brainly.com/question/25350238
Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.
Employers include" Group health" plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.
What do you mean by fringe benefit program?
The fringe benefit program include health insurance, worker's compensations, retirement benefits and medical leave.
As a company it's the duty of owner and management to take care of their employees health.
It is very common to say that health is wealth. Therefore, it is mandatory in every company to cover all the health benefits for better growth.
Learn more about fringe benefit program, refer to the link:
https://brainly.com/question/20599659
#SPJ1
Which of the following is not an element of marketing?
A. product
B. policy
C. promotion
D. price
••••••••••••••••••••••••••••••••••••••••••••••••
[tex]\small{\boxed{\color{red}\sf\underline{Answer:}}}[/tex]
The answer is B. policy
••••••••••••••••••••••••••••••••••••••••••••••••
Using the national saving and investment identity, if private savings equal $3200, private investment equals $7800, and the government budget deficit equals $3300, what does the inflow of foreign savings equal
The inflow of foreign savings equal $7700.
Foreign savingsUsing this formula
Foreign savings=Private saving +Private investment- Government budget deficit
Let plug in the formula
Foreign savings=$3200+$7800-$3300
Foreign savings=$7700
Therefore foreign savings equal $7700.
Learn more about foreign savings here:https://brainly.com/question/3924204
#SPJ1
On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of September 30, 2020
Question 5 of 20
Which is an advantage of paying off a liability?
OA. The liability remains a liability.
B. The liability starts to lose valu
OC. The liability starts to gain value.
OD. The liability can become an asset.
Answer:
OD is the answer because a liability can become an asset once paid
An advantage of reimbursing the liability is that it becomes an asset when it is being paid.
Option D is correct.
What is an asset?An asset is the monetary resource of a company which is acquired so that the company would get the maximum benefits in the near future. It is the secondary part of balance sheet which is further classified into two parts namely, current and non-current assets.
Liability is referring to the obligation of a company regarding which the repayment would be done after a certain period of time. In order to repay the liabilities like short-term and long-term borrowings, the assets which can be easily converted into cash are being considered. For instance, the amount due from debtors is a current liability and when it is paid, then it is considered to be a current asset.
Therefore, the advantage written in option D is correct.
Learn more about the assets in the related link:
https://brainly.com/question/14404094
#SPJ2
To effectively run her company, Machi applies the ________, a management style the views her firm as an interdependent collection of departments, and as a single institution that interacts with suppliers, distributors, competitors, and customers.Multiple Choicecontingency viewpointsystems viewpointquantitative management approachhuman relations movementbehavioral science approach
To effectively run her company, Machi applies the Systems viewpoint a management style the views her firm as an interdependent collection of departments.
What is Systems viewpoint management style?Systems viewpoint serves as style of management that help the workers to view the organization as a system that is interconnected which gives them the view that they should work with the management to achieve the goal of the organization.
Therefore ,Systems viewpoint serves as style of management that help the workers to view the organization as a system that is interconnected .
learn more about Systems viewpoint management style at:https://brainly.com/question/27778740
#SPJ1
pls helppp...
19. A business provided the following information [Refer to image]. What was the total of the current liabilities?
a) 13 200
b) 15 400
c) 31 200
d) 32 700
Answer:
32 700
Explanation:
that is the answer 32 700
The process of assigning a good, a service, or a resource to one use instead of another describes:.
Allocation is the process which involves the assigning of goods, services or any such resources for one use, instead of deploying them at other alternatives available.
What is allocation?The way in which the available resources in the hands of a business organization are deployed for particular uses is known as allocation of such resources by a firm.
Hence, the significance of allocation is given above.
Learn more about allocation here:
https://brainly.com/question/16666093
#SPJ1
the effects of the hard lockdown on Eskom
Answer:
comitees in parliament had to leave officials in Pretoria, electricity demand was high...
When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should:
When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should issue an opinion that is unmodified.
What is GAAP?The full form of the GAAP is Generally Accepted Accounting Principles in which the rules and regulations related to the financial accounting are written.
In the above case in which the Non public company is affected by the departure of the material then the auditors must issue the an opinion that is unmodified.
Learn more about the accounting principles here:
https://brainly.com/question/16874947
#SPJ1
Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?.
The FIFO (First in First out) technique of inventory costing will result in a COGS amount equal to market value.
What is the First in first out method?
First in, first-out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.
FIFO is the method used to calculate the cost of goods sold using cost flow assumptions. The FIFO approach is predicated on the idea that the oldest items in an organization's inventory have already been sold.
Thus, the FIFO method will be able to produce a number of COGS equal to the market value.
Learn more about the FIFO method:
https://brainly.com/question/17924678
#SPJ1
An airport wants to make its luggage-handling process faster and simpler for travelers. A data analyst examines and evaluates how the process works currently in order to achieve the goal of a more efficient process. What methodology do they use
To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.
What is a gap analysis?Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.
Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.
Find out more about gap analysis here:
https://brainly.com/question/10549036
#SPJ1
True or false: Personal savings, venture capitalists, and government agencies such as the Small Business Administration (SBA) are possible sources of capital or information when starting a small business.
The possible sources of Small Business Administration which can provide assistance to small businesses are venture capitalists, personal savings, and government agencies.
What is meant by small business?Small Business is a kind of business started with fewer working professionals and less income.
Small Business Administration is an authority that helped small businesses and entrepreneurs in establishing their businesses. They provide capital assistance through their sources like venture capitalist companies, government agencies, etc.
Therefore, the given statement is true as explained above.
Learn more about the small business in the related link:
https://brainly.com/question/13424073
#SPJ1
Diners are served in a process with two resources. The first resource has a capacity of 1.1 diners per hour. The capacity of the second resource is 1.5 diners per hour. Demand for this process is 0.9 diners per hour.Instruction: Round your answer to three decimal places. What is the cycle time of this process (in minutes)
The cycle time of this process for the firm is 2.89.
What is a Cycle Time?This refers to the average time between the start of production of one unit and the start of production of the next unit of production
Cycle Time = Net time available to work / Customer demand
Cycle Time = 1.1 + 1.5 / 0.9
Cycle Time = 2.88888888889
Cycle Time = 2.89.
Therefore, the cycle time of this process for the firm is 2.89.
Read more about cycle time
brainly.com/question/18802868
#SPJ1