The cost of capital financing for the company, considering 35% bond financing at 9% and 65% loan financing at 11%, and a tax rate of 34%, is 9.5%.
To calculate the weighted average cost of capital (WACC), we multiply the cost of each financing source by its respective weight (proportion in the capital structure), and then sum up these weighted costs. However, we need to adjust the cost of debt financing to reflect the tax shield benefit.
First, we calculate the weighted cost of debt financing:
(35% x 9%) = 3.15% (cost of bond financing)
(65% x 11%) = 7.15% (cost of loan financing)
Next, we consider the tax shield benefit. The tax rate is 34%, so the tax shield benefit is 34% of the cost of debt financing.
(34% x 3.15%) = 1.07%
Subtracting the tax shield benefit from the cost of debt financing gives us the after-tax cost of debt:
3.15% - 1.07% = 2.08%
Finally, we calculate the WACC by summing up the weighted costs of debt and equity financing (assuming no equity financing is mentioned in the question):
(35% x 2.08%) + (65% x 11%) = 9.5%
Learn more about capital financing here:
https://brainly.com/question/29493385
#SPJ11
In which form of price determination does the real estate professional often just drive by the property and take photos, then complete paperwork for the lender?
In broker's price opinion, the real estate professional often just drive price determination by the property and take photos, then complete paperwork for the lender. A broker price opinion, or BPO, is a real estate professional's assessment of the worth of a property.
Internal and external broker's price opinion's are two basic categories. A broker will spend time inside home during an interior BPO to assess property's condition, take measurements, and take pictures. A broker may only be able to evaluate the outside of the property with an external BPO, also known as a drive-by BPO, before assigning it a sticker price.
To learn more about broker's price opinion, click here
https://brainly.com/question/14696405
#SPJ1
This video describes how software products often interject pop-up warnings to help you make mindful decisions with your work. Which of the following attributes of experience design does this example best illustrate
The attribute of experience design which the given example illustrates is of friction and flow - sequence and structure.
What is designing?It is the procedure of conceptualizing and organizing the production of things, interactive systems, structures, vehicles, etc. Users are at the center of the design thinking process, making it user-centered. It involves developing solutions to meet needs or solve problems for individuals, tangible objects, or more abstract systems.What is Experience design?An approach called experience design can be used to design any experience, from creating inventive new goods to creating marketing messages or even workplace policies that improve employee encounters.The process of ideation, testing, and iteration to improve the experience begins with a thorough understanding of the individual or persons you are building an experience for. This serves as the "ground zero" for all decisions made.In interface design, friction and flow are two ideas that help users complete tasks by either preventing errors or encouraging them to do so. It's crucial for designers to use both as needed throughout the user journey.
Know more about Design with the help of the given link:
https://brainly.com/question/14035075
#SPJ4
Marketing dashboards display information in numerical formats and offer subjective feedback about initiatives and results.
false, Marketing dashboards do not display information in numerical formats and offer subjective feedback about initiatives and results.
A marketing dashboard is a visual representation of the data that is most crucial for monitoring important marketing KPIs and achieving one or more marketing goals. Top level marketing reports are compiled and organised on one page so that the data can be viewed quickly.
It also serves as the building block on top of which more intricate marketing analytics are performed. The amount of data that marketers may now evaluate has multiplied as a result of the growing ubiquity of digital media. Sorting out valuable figures from useless ones and excellent data from bad data is more crucial than ever.
To learn more about marketing dashboards here,
https://brainly.com/question/17354284
#SPJ1
List the six steps in the new product development process, starting with the first step at the top and ending with the last.
A structured six-step method for coming up with, choosing, developing. and commercializing product ideas.
Idea generation (Ideation)Product definition.Prototyping.Initial design.Validation and testing.Commercialization.Product development is a challenging yet interesting process. There is never a repeat process for a product introduction, from the first idea to the research and development. To assist you get started with the product development process, there is a common procedure.
The six steps that must be completed for a product to get from initial concept to final market launch are outlined in the product development process. Finding a market need, studying the competition, coming up with ideas for a solution, creating a product roadmap, and creating a minimal viable product are all part of this (MVP).
To learn more about product development, click here
https://brainly.com/question/13755110
#SPJ4
Knowledge of the __________ act minimizes a business' liability exposure when making advertising decisions.
Knowledge of the Civil Rights act minimizes a business' liability exposure when making advertising decisions.
This is further explained below.
What are Civil Rights?Generally, the rights of people to be free politically and socially and to be treated equally.
The right to vote, the right to an impartial trial, the right to use government services, the right to public education, and the right to make use of public facilities are all examples of civil rights.
In conclusion, Knowledge of the Civil Rights act decreases a firm' legal risk when making advertising selections.
Read more about Civil Rights
https://brainly.com/question/1142564
#SPJ1
CQ
Knowledge of the __________ Act minimizes a business' liability exposure when making advertising decisions.
a.) Civil Rights
b.) Sarbanes-Oxley
c.) Federal Trade Commission
d.) Truth in Lending
A manufacturer that only allows a consumer to purchase one product if they also buy another product is using ____________ to increase its profits.
Tie-in-sale is used to increase the profit by a manufacturer by allowing a consumer to purchase one product if they also buy another product.
What is Tie-in-sale?A tie-in-sale results from a contract between a producer and a consumer that states that the customer can only get the desired good (the tying good) if he also agrees to buy another good (the tied good) from the producer.
The sale of a product to a buyer with the explicit requirement that a second product be purchased as well.
The second item could not be desired by the consumer or she might be able to find it cheaper elsewhere. Tie-in-sale that impede competition are prohibited.
Learn more about Tie-in-sale here:
https://brainly.com/question/23530993
#SPJ4
________ are the most important monetary policy tool because they are the primary determinant of changes in the ______, the main source of fluctuations in the money supply.
Open market operations are the most important monetary policy tool because they are the primary determinant of changes in the monetary base, the main source of fluctuations in the money supply. Open market operations are the purchase and sale of securities in the open market by a central bank--are a key tool used by the Federal Reserve in the implementation of monetary policy.
What is a monetary base?In economics, the monetary base in a country is the total amount of money created by the central bank. This includes: the total currency circulating in the public, plus the currency that is physically held in the vaults of commercial banks, plus the commercial banks' reserves held in the central bank.
Therefore, the correct answer is as given above
learn more about monetary base: https://brainly.com/question/13131929
#SPJ1
Describe the strategic management process and list the four components of he strategic management process
The strategic management process means illustrating the company's strategy which involves planning, setting and direction of goals in order to achieve goals within a given period of time to make a company more competitive.
The four components of the strategic management process:-
Collecting Information - It involves gathering of information of internal and external factors that can influence a company.Strategy Formulation - This step involves what action should be taken to achieve goals.Strategy Implementation - In this the actions which have decided are executed swiftly for achieving goals.Strategy Evaluation - After implementation of strategy, it should be monitor and corrective actions should be taken if there are issues.Read more about Strategy Evaluation on brainly:-
https://brainly.com/question/24112782
#SPJ4
What steps can you use to protect a form so users can only enter information in the fields without changing other
information?
1. Click the
2. Click
3. In the Re Review
in the doc
4. On the EView
5. Click Yes
Insert
Developer
tab on the ribbon.
pane, under Editing restrictions, add a check mark next to Allow only this type of editing
ons drop-down menu, click
ing Protection, and create a
Steps to protect a form so users can only enter information without changing other information are,
1. Click the Developer tab on the ribbon
2. Click Restrict Editing.
3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
4. On the Editing restrictions drop-down menu, click Filing in Form.
5. Click Yes, Start Enforcing Protection, and create a template Password.
What steps can use to protect a form so users can only enter information without changing other information?1. Click the Developer tab on the ribbon
2. Click Restrict Editing.
3. In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
4. On the Editing restrictions drop-down menu, click Filing in Form.
5. Click Yes, Start Enforcing Protection, and create a template Password.
The Developer tab exists as a feature comprised in Microsoft Excel, and it is usually hidden by default. The tab permits users to form VBA applications, design forms, complete macros, import and export XML data, etc.Restrict Editing locks specific sequences or sentences in the document, which could be important or susceptible, and thus, cannot be edited by anyone.In the Restrict Editing pane, In the Restrict Editing pane, uncheck Limit arrangement to a preference of styles and Permit only this type of editing in the document. Limit arrangement to a preference of styles and Permit only this type of editing in the document.To learn more about Steps to protect a information refer to:
https://brainly.com/question/26493645
#SPJ9
Answer:
Click the
✔ Developer
tab on the ribbon.
Click
✔ Restrict Editing
.
In the Restrict Editing pane, under Editing restrictions, add a check mark next to Allow only this type of editing in the document.
On the Editing restrictions drop-down menu, click
✔ Filling in Form
.
Click Yes, Start Enforcing Protection, and create a
✔ password
.
Explanation:
Because services are intangible and there may be few other available cues for the customer to judge, they frequently use ____ as an important indicator of a service's quality.
Because services are intangible and there may be few other available cues for customer to judge, they frequently use inseparability as an important indicator of service's quality. In contrast to products, which we can physically touch or handle, services are the non-physical, intangible components of our economy.
Majority of economies of the wealthy countries based on services like banking, education, healthcare etc. They also make up the majority of developing nations' economies. The help given to customer to make their interactions with you easy and enjoyable, before and after they use your products or services, is known as customer service.
To learn more about services, click here.
https://brainly.com/question/12096912
#SPJ1
Column A
1. Know, Plan, Read,
Save
2. comparison shop-
ping
3. U.S. Department of
Agriculture
4. Prime
5. unit pricing
6. prescription drug
7. brand name
8. generic name
9. impulse buying
10. U.S. Food and Drug
Administration
Column B
a. the government agency that sets food
standards
b. the highest-quality meat grade
c. purchasing goods without advance
planning
d. the government agency that tests and
approves drugs
e. wise buying practices to get the most for
our money
f.
checking prices for the same products at
two or more stores
g. the chemical name of a drug
h. stating a product's price by its weight or
volume
i.
j.
a drug dispensed only on a doctor's orders
the name given to a product by its
manufacturer
Answer:
Note that point i in Column B does not have an entry.
Explanation:
See attachment
Why do you think organizations tend to focus on the creation of one type of value but not both?
Organizations tend to focus on the creation of one type of value but not both because organizations do believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value is enough.
Social value means the enhancement of the people and their lives by the combination of different resources.
Economic value means the creation of money or value in any economy by the organization.
To know more about social value here:
https://brainly.com/question/17176506
#SPJ4
A business cycle is best defined as economic fluctuations around trend growth.
a. True b. False
A business cycle is best defined as economic fluctuations around trend growth. This statement is true.
Business cycles are a sort of variation that may be found in the overall economic activity of a country.
A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).
This series of modifications is periodic but not recurrent.
Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.
In the business cycle, expansions and contractions alternate (also called recessions).
Recessions frequently begin at the business cycle's high, when an expansion comes to an end, and finish at its trough, when the following expansion starts.
Hence, the statement "A business cycle is best defined as economic fluctuations around trend growth." is true.
Learn more about recession:
https://brainly.com/question/532515
#SPJ1
A business cycle is best defined as economic fluctuations around trend growth: True .
Reason: A business cycle is ups and downs of output around its trend.
A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. Business cycles chart the ups and downs of an economy, and understanding them can lead to better financial decisions.
The four stages of the business cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle.
learn more about Business cycle here
https://brainly.com/question/26086110
#SPJ1
__________________ is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
What is Channel assembly?Channel assembly serves as the means whereby the manufacture send his product in different entity to the other distributors, this is different from sending in bulks.
This medium uses smaller units , hence, Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.
Learn more about Channel assembly on:
https://brainly.com/question/24452126
#SPJ1
Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct
The correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.
What is Sue?To take legal action against a person or organization, particularly by filing a legal claim for monetary damages as a result of some injury they have caused you.Example: He was so enraged by the letter's charges that he threatened to sue.Option A is correct, but not when compared to option D.
Option D appears to be the best solution.
Therefore, the correct option is (D) Amplify, Inc. would record a loss and contingent liability for $50,000, and Sound city would record nothing.
Know more about legal claims here:
https://brainly.com/question/22499117
#SPJ4
Correct answer:
Amplify, Inc. was sued by Sound City for $50,000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. Which of the following is correct?
(A) Amplify, Inc. would record a loss and contingent liability for $50,000.
(B) Sound city would record a gain a lawsuit receivable for $50,000.
(C) Sound city would record nothing.
(D) Amplify, Inc. would record a loss and contingent liability for $50,000, Sound city would record nothing.
The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a?
The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a Human resource inventory.
Human Resource Inventory is also known as the skills inventory which comprehensively lists down the basic information on all the employees working in an organization or a company.
This inventory has information on education, skills, experience, age, salary-related data, job preference, and special achievements of employees.
The information contained in the human resource inventory should also be used by recruiters to consider the individual for other job openings that might come up in the future.
Hence, the human resource inventory contains information of working employees.
To learn more about the Human resource inventory here:
https://brainly.com/question/15854313
#SPJ4
What is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements?
It gives users limited assurance on the accuracy or correctness of financial statements is the engagement of presenting in the form of financial statements information that is the representation of management without undertaking to express any assurance on the statements.
An audit engagement is a type of engagement that provides a limited level of assurance that a company's financial statements comply with applicable accounting standards. It gives the user a limited warranty as to the correctness or correctness of the financial statements.
As part of its compilation, management is responsible for the preparation and presentation of the annual financial statements. Auditors who provide preparation services must have sufficient industry experience and client knowledge to prepare financial statements.
Learn more about financial statements at
https://brainly.com/question/26240841
#SPJ4
Regarding the measurement of capacity, when a firm provides a relatively small range of standardized products and services:
When a firm provides a relatively small range of standardized products and services output measures are applied. Productivity is the amount of output a business can produce with a specific quantity of input. For continuous profitability, it is crucial to consider labor productivity, or how productive a company's employees are.
There are several ways to measure the productivity, with modern techniques focusing on software tracking and monitoring. Benchmarks and goals for productivity vary per sector. Natural resources, capital, and labor hours are frequent inputs, whereas sales or the quantity of goods and services produced are typically used to measure output.
To learn more about output, click here
https://brainly.com/question/14620618
#SPJ4
Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000
The Paid In Capital--Excess of Par, common stock is $25,800.
What is Paid-In Capital in Excess of Par Mean?Paid in capital in excess of par is essentially the difference between the fair market value paid for the stock and the stock’s par value. In other words, it’s the premium paid for an appreciated stock. Paid in capital in excess of par is created when investors pay more for their shares of stock than the par value.
Solution-
The relative market value of the common stock is:
common stock = 30,000/50,000 * $48,000 = $28,800
less the $3,000 par value of common stock
common stock = $28,800 - $3,000
common stock = $25,800
Therefore, we can conclude that the The Paid In Capital--Excess of Par, common stock is $25,800.
Your question is incomplete, but most probably your full question was:
Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000. The fair value of the preferred stock is $20 per share, and the fair value of the common shares is $10 per share. What is? the amount allocated to the Paid In Capital--Excess of Par, common stock
Learn more about Paid-In Capital in Excess of Par Mean on:
brainly.com/question/13372465
#SPJ4
When a manufacturing company has a highly automated manufacturing plant producing many different products, what is probably the most appropriate basis of applying overhead costs to work-in-process
Answer: Machine Hours
Explanation:
Microsoft measures customers' willingness to not only return for another purchase but also make a recommendation to family, friends, or colleagues. Microsoft has found this to be a powerful technique, which can greatly increase revenue. The main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the _______.
The main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the net promoter score.
What is net promoter score?
Net promoter score can be defined as a form of marketing research technique or strategy that enables companies to know whether their customers will likely recommend their product to others.
Most companies make use of net promoter score so as to generate revenue or to increase sales.
Therefore the main advantages for Microsoft are a close correlation with company growth and the collection, interpretation, and communication of the data. This is an example of the net promoter score.
Learn more about Net promoter score here:https://brainly.com/question/14051449
#SPJ1
A ______ typically provides information so that an organization can make a decision about a product, procedure, or policy.
A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.
A project proposal is that written document which outlines everything that the stakeholders must know about a project, which includes its timeline, objectives, budget and goals. Project proposal summarizes the project details and sell idea of project so that stakeholders feel inclined to get involved in the initiative.
The project proposal works as the working document between the agency and the client before the starting of the project. Thus, the project proposal defines the objectives and the requirements of a project for the third party. For the internal party, it is that method which analyzes the feasibility and profitability of the project.
To know more about proposal here:
https://brainly.com/question/15011405
#SPJ4
Assume the nominal rate was 11.50% and the inflation rate was 3%. Using the Fisher Effect, what was the real rate
The real rate was 8.25%.
Real rate = 8.25%
Dear Student
Thank you for using Chegg
Please find below the answer
Statement showing Computations
Particulars
Fisher formula is (1 + nominal rate) = (1 + real rate) x (1 + inflation rate),
(1+.115) = (1 + realrate) *(1+.03)
(1.115) = (1 + realrate) *(1.03)
1.0825 = 1 + real rate
Real rate = 8.25%.
The nominal interest rate (or interest rate) is the rate of increase in money you pay lenders using borrowed money. Nominal interest rates are often used by banks to represent interest rates on various loans and investments. For example, if your loan has a nominal interest rate of 5%, you can expect to pay $50 in interest for every $1,000 you borrow. At the end of the year he will pay $1,050.
The real interest rate is the interest rate that takes inflation into account. This means it is adjusted for inflation and reflects the real interest rate of a bond or loan. Simply put, this rate reflects the rate of return after taking inflation into account.
Learn more about the inflation rate here: https://brainly.com/question/777738
#SPJ4
Martin puts his weekly paycheck into his checking account. in which column should he write the value of his paycheck?
The value of his paycheck is : Deposits.
What is Checking Account ?A checking account is a deposit account held at a financial institution that allows withdrawals and deposits.
A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions.
Money can be deposited at banks and via automated teller machines (ATMs), through direct deposit or other electronic transfer. Account holders can withdraw funds via banks and ATMs, by writing checks, or by using electronic debit or credit cards paired with their accounts.
It’s important to keep track of checking account fees, which are assessed for overdrafts. Some banks also require you to keep the account balance above a required amount.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?
a. Deposits
b. Balance
c. Debit
d. Check number
Learn more about Checking Account on:
brainly.com/question/26181559
#SPJ4
Answer:
A. Deposits
Explanation:
Did the test
E-d-gE
GOVERNOR REAGAN: Mr. Ellis, I think this idea that
has been spawned here in our country, that inflation
somehow came upon us like a plague and therefore it's
uncontrollable and no one can do anything about it, is
entirely spurious, and it's dangerous to say this to the
people. When Mr. Carter became President, inflation was
4.8 percent, as you said. It had been cut in two by
President Gerald Ford. It is now running at 12.7 percent.
President Carter also has spoken of the new jobs created.
.. But that can't hide the fact that there are 8 million men
and women out of work in America today, and 2 million
of those lost their jobs in just the last few months. Mr.
Carter had also promised that he would not use
unemployment as a tool to fight against inflation. And
yet, his 1980 economic message stated that we would
reduce productivity and gross national product and
increase unemployment in order to get a handle on
inflation, because in January, at the beginning of the
Intro]
Which claim of President Carter's does Reagan refute
in this excerpt?
President Carter's policies have led to an improved
economy.
O Rising oil prices worldwide can negatively affect
inflation rates in the United States.
Inflation rates have risen too high and are hurting
the American consumer.
There are policies that can be enacted by the
president to curb rising inflation.
Done
The claim of President Carter's that Reagan refute in this excerpt is D. There are policies that can be enacted by the president to curb rising inflation.
What is a claim?It should be noted that a claim simply means the stance of an author or individual regarding a literary work.
Here, the man idea in the excerpt is simply about inflation and how it can be curbed.
Learn more about claim on:
brainly.com/question/2748145
#SPJ1
Answer: A.) Carter fails to provide evidence for how his new policies will decrease inflation.
2 Describe the education as the measure base of Occupation and clarify the relation between occupation and education.
Answer:
Several studies have been carried out to examine the association between education and occupation. These studies were useful for the purpose of intervention and policy making. In this study we examined the relationship between education factor, which includes three indicators: the percentages of population who achieved (primary, secondary and tertiary) and occupation factor (CLASS1, CLASS2 and CLASS3) using fully and partially latent models. The data were collected from the information of 81 districts based on the census conducted in peninsular Malaysia in 1995. The goodness of fit indexes for assumed models were examined. We didn't find significant relationship between educational achievement and occupation factor.
After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, what happens next
After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, a hearing is held. This is further explained below.
What is the investigation?Generally, investigate formally or systematically examine or study something or someone.
In conclusion, An ESO hearing is conducted after an inquiry by the DBPR if no ESO is granted.
Read more about investigation
https://brainly.com/question/1191670
#SPJ1
________ is the public relations function which involves reacting to negative events.
The answer is damage control.
The public relations officer's job is not to enlighten the public about the employer, but to feed the public information that will positively impact the public in favor of the business. They twists and manipulates the material to give a favorable impression. When a public relations officer shows the public a half glass, the is task is to persuade them that the glass is half-full, not half-empty. When the general public loves, respects, and trusts an individual or corporation, it is simpler for them to acquire what they desire.
One of the responsibilities of a public relations department is damage control, which is reducing the negative impact of an incident or set of events.
Therefore, the answer is damage control.
To know more about public relation click here:
https://brainly.com/question/20313749
#SPJ4
Describe a presentation or a briefing you have conducted recently. how did you adapt it to your public? how did your auditors react? what did you get out of it?
Recently I conducted a presentation to an audience composed mostly of teenager about the importance of team work. It took place at the American Corner of the State Library. It comprised of about 50 teenagers from various states.
How did you adapt it to your public?Because they were teenagers, I adapted by using words that were more suited to their generation.
Also given that it was a pseudo (or semi) formal presentation, I was free to use words such as;
Do.pe - cool or awesomeGucci - Good, cool, or going well.Lit - amazing.I also ensured that my presentation comprised of a lot of pictures, and graphics.
How did your auditors react? what did you get out of it?The auditors were well informed about what I was doing so they welcomed it a a good idea.
The objective was to be able to communicate to them in a way that showed that the presenter understood them.
This helped the presenter to connect as well as communicate effectively.
Learn more about presentation at;
https://brainly.com/question/24653274
#SPJ1
Cory gives his friend money to buy a cheeseburger since he forgot his wallet at home, but expects to be repaid. This represents the financial service of:
The inference is that the financial service represented is lending.
What is financial service?It should be noted that an financial services is the economic services that are provided by an industry.
Here, Cory gives his friend money to buy a cheeseburger since he forgot his wallet at home, but expects to be repaid.
Learn more about financial services on:
brainly.com/question/1357912
#SPJ1