Answer:
Yes they can be used to purchase goods or invest in a business.
Explanation:
Loans from formal channels like banks and government agencies are usually given for an specific purpose if you own a business or can be handed out for any type of personal use if you request them as an individual. This applies to developed and developing countries.
Loans from informal channels can also be used by a business, specially small businesses, and obviously personal use. Large businesses will probably not take a loan from an informal channel since the interest rates will probably be higher and the amounts will be too small. But even on developed countries, someone who has just graduated can ask his/her parents or a friend for a loan to start a small business or buy a car. Informal channels are based on personal relationships and even though they don't represent a large percentage of loans in developed countries, they also exist.
Answer:
(1) increasing funding to its existing R&D department to expand to the development of AI (artificial intelligence) technology, needed for self-driving vehicles
This strategy would produce the benefit of puttinig the company on the edge of the development of AI in order to produce driverless vehicles.
The risk is that the investment could be too high for the initial benefit, since there is no certainty that driveless cars will be in the market in the short-term.
(2) launching a fully owned subsidiary (a new company that it owns and controls) focused exclusively on AI
This strategy would produce a similar benefit as the strategy above. However, it could also benefit from a little bit less administrative control because in this case, the AI development would be in charge of a subsidiary, not a division.
The risk is the same as above: initial investments may be too high for the initial benefits.
(3) partnering with a major Silicon Valley tech company that has already made considerable progress on AI technology.
This strategy produces the benefit of requiring less investment while still putting the company on the edge of AI research. However, the risk lies in loss of control over the thecnology, and possible future conflicts with the partner company.
Answer:
A. 25% of the monthly returns are less than or equal to the first quartile. 50% of the monthly returns are less than or equal to the second quartile. 75% of the monthly returns are less than or equal to third quartile.
Explanation:
The data shows that the data is less than 25% in the first quartile. The other half of the data falls in the second quartile which is about almost 50% of the data. The 75% of the monthly returns are less than or equal to the third quartile.
Answer: architecture firm
Explanation: im pretty sure its this but im sorry if im wrong
Answer:
Allowances
Debit Credit
$426,000
$ 85,000
$106,000
$405,000
Bad Debt
Debit - Credit
$85,000
Explanation:
Using T-Accounts you can see that the missing value in the Net Allowances are $106,000 that corresponds to the write-off accounts during the year.
The allowance begin the year with $426,000 then add 85 a bad expenses and finish the year with a balance of $405,000, so in the middle is the value of $106,000 , as a Debit value which means that the company write off that amount as uncollectible credits.
