Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

Which of these is advantage of bank overdrafts as a form of finance? A. They are legally payable on demand. B. They are easy to

Which of these is advantage of bank overdrafts as a form of finance?

A. They are legally payable on demand.

B. They are easy to arrange.

C. They are flexible form of borrowing.

D. Both B and C.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Psychology Of Money Timeless Lessons On Wealth Greed And Happiness

Authors: Morgan Housel

1st Edition

978-0857199096

More Books

Students also viewed these Finance questions

Question

★★★★★

Incomplete financial statements for Pepper Industries follow: The following additional information is available about the company: a) All sales during the year were on account. b) There was no change...

Answered: 1 week ago

Question

★★★★★

1 Problem 1-42 (LO 1-3, LO 1-4) (Algo) 7.5 points 8 01:20 Nancy invests $360,000 in a State of Jolly bond that pays 75 percent interest. Alternatively, Nancy could have invested the $360,000 in a...

Answered: 1 week ago

Question

★★★★★

explain the general rationale for recognising and rewarding employees for their collective performance that is, results achieved by a work group, team, business unit, division or the organisation as...

Answered: 1 week ago

Question

★★★★★

Manny Carson, certified management accountant and controller of Wakeman Enterprises, had been given permission to acquire a new computer and software for the companys accounting system. The capital...

Answered: 1 week ago

Question

★★★★★

A CD Player has an original selling price of $267.95. It has a markdown percent of 30%. What is the amount of markdown (in $)? What is the sale price (in $)?

Answered: 1 week ago

Question

★★★★★

Find the derivative of the function by using the definition. 2 y = 4x - 7x y' E Find the derivative of the function by using the definition. y=4x

Answered: 1 week ago

Question

★★★★★

QUESTION ONE Assumethatyouareafinancialanalystattendingashareholders' meetingatPDQltdon behalfofyour employers, a large pension fund. Your entity is one ofthe few institutional investors in PDQ ltd,...

Answered: 1 week ago

Question

★★★★★

The Fantasy Island Resort & Spa prison is looking for a way to cut its monthly costs. The Concierge would like to pay a judge to guarantee that prisoners in poor health win their appeals and get set...

Answered: 1 week ago

Question

★★★★★

A company logs expenses against pre-defined projects for clients. A user processes a journal entry and posts entries to a business development project. This configuration results in account balances...

Answered: 1 week ago

Question

★★★★★

Currently, you sell 40,000 units of a product for $45 each. The unit variable cost of producing the product is $5. You are thinking of cutting the product price by 30%. You are sure this will...

Answered: 1 week ago

Question

★★★★★

compute the ratios below and interpret the results. DALE SHIRE CORPORATION Sales Less: Cost of Sales Gross Profit on Sales 2018 $300,000 120,000.00 180,000.00 Less: Operating Expenses 125,000.00...

Answered: 1 week ago

Question

★★★★★

What are some analyses you could perform that would provide insight into how efficiently your company is collecting cash from customers? Are there any KPIs that would be appropriate here?

Answered: 1 week ago

Question

★★★★★

What is the age of the oldest outstanding invoice?

Answered: 1 week ago

Question

★★★★★

What does the days sales outstanding KPI tell managers in general terms?

Answered: 1 week ago

Previous Question Next Question