(0.5 points) Credit is borrowed money that you can use to purchase things you need when you need them and then repay the funds back at an agreed on time 2. What is a credit score? (0.5 points) A credit score is a number based on a level analysis of a person's credit files, to represent the creditworthiness of that person. 3. What is installment credit?
Tim can capture the attention of our customers because he listens and then provides the stimuli that meet their needs. Tim is always prepared for a one sided or two sided argument, he knows his audience, he knows what is needed for both sides to win. He keeps communication simple, logical and always connects on a personal level. With our customers and our suppliers Tim is always looking to modify the existing attitude to be more in favor of ICS or with a new customer create a new attitude that is favorable to ICS. Tim has an ability to make friends with our customers and suppliers because ICS has the social proof in our industry that we will execute as we agree and if there are issues we will correct them.
What was Brady Brothers cash basis income? Cash basis income: $6,000 (cash received) - $5,000 (cash paid) = Answer: $1,000 Question 3: What was Brady Brothers accrual basis income? Accrual basis income: $12,000 (revenue earned) - $8,000 (expenses incurred) = Answer: $4,000 Question 4: Anderson Company’s balance sheet at the end of the year revealed the following information: Clients owe Anderson Company $35,300 for completed projects. Anderson Company owns office equipment totaling $95,500. Anderson Company owns $5,000 of material used on various client projects.
Sept. 1 | Purchased inventory from Orion Company on account for $50,000. Darby records purchases gross and uses a periodic inventory system. | Oct. 1 | Issued a $50,000, 12-month, 8% note to Orion in payment of account. | Oct. 1 | Borrowed $75,000 from the Shore Bank by signing a 12-month, zero-interest-bearing $81,000 note. | * Instructions (a) Prepare journal entries for the selected transactions above.
Coming from a large family of eleven siblings some younger and some older we all have to look after each other at one time or another, I’ve learnt to care for others, give guidance and protection when needed, empathise with others when in distress, agree and disagree to voice my opinion, to give advise when needed, to support and to be a good role model. I believe this experience I can take to my practise and I’ll be able to pass on my best qualities of caring for and being compassionate to other. I believe all this can affect my working practise in good and
What is a money market account? (0.5 points) A depoit account offered from the bank. Lesson 2 (3.0 points) What is investing? (0.5 points) you give money to make money. What is financial risk?
The Joads are being paid five cents because they are strikebreakers. Once the strike has been squelched, the wage will be
Humanistic-Encouraging people are accepting of themselves, and accept others for who they are without question or criticism. In fact, those scoring higher on this scale have unconditional positive regard for others. This absolute acceptance enables people to grow the most and take greater responsibility for themselves. I agree with this result and believe that I can assist others in fulfilling their potential by providing a supportive climate that inspires self-improvement. As a manager, I can see myself inspiring my subordinates to think, grow and take responsibility for them.
(0.5 points) Each time a company pays you, you'll receive a short summary of the amount of your gross pay, and the amount of payroll withholding for that pay period Lesson 3 (3.0 points) 1. What is financial responsibility? (0.5 points) The amount of your bill you have to pay. 2. Give at least two examples of utilities.
What is revolving credit? (0.5 points) Revolving credit is when you are approved for borrowing up to a specific credit limit you can choose how much of that credit to use and when to pay it off. 5. What is non installment credit? (0.5 points) Non-installment credit is credit that is paid all at once, in a single payment.