subject
Business, 21.11.2019 02:31 adantrujillo1234

According to a credit agreement with its bank, kayak requires a minimum cash balance of $30,000 at each month-end. in return, the bank has agreed that the company can borrow up to $150,000 at a monthly interest rate of 1%, paid on the last day of each month. the interest is computed based on the beginning balance of the loan for the month. the company repays loan principal with any cash in excess of $30,000 on the last day of each month. the company has a cash balance of $30,000 and a loan balance of $60,000 at january 1.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:40
Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices
Answers: 2
question
Business, 22.06.2019 16:50
According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses
Answers: 2
question
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
question
Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
You know the right answer?
According to a credit agreement with its bank, kayak requires a minimum cash balance of $30,000 at e...
Questions
question
Mathematics, 17.12.2020 02:30
question
Mathematics, 17.12.2020 02:30
question
Mathematics, 17.12.2020 02:30
question
Mathematics, 17.12.2020 02:30
question
Mathematics, 17.12.2020 02:30
Questions on the website: 13722367