When a business provides a service to a customer on credit it means that?

Jim has $16,000 in savings, and he's considering a $15,000 car. He'll likely be driving quite a bit since he has a long commute to his downtown office from his house. In addition, Jim wants to keep a large savings safety net in his bank account.

Which of the following is likely to be present in a perfectly competitive market? a. High capital costs b. Nonprice competition such as advertising c. Firms producing identical products d. Government licenses e. Patents

Tell, an Ohio real estate broker, misrepresented to Allen that Tell was licensed in Michigan under Michigan's statute regulating real estate brokers.

What is a tax? (personal finance)

The following are the account balances for Facci Company on December 31. Assume all accounts have normal balances.

During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?

What is cosideration

With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as

Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.

Assume that Jack and Hal and Sophia enter into a contract for the sale of the restaurant. Hal and Sophia, for their own protection, put a clause in the contract that says the sale is contingent upon an independent appraisal indicating that the