2. extension high interest rates affect
individuals as well as the business
cycle itself. suppose you wanted to
purchase a new cellphone but did
not have the money to pay for it. if
someone offered you the money at
15 percent interest over a six-month
period, would you be interested?
what might you do instead of bor-
rowing the money?

To make a profit while benefiting humanity is an example of a mission statement that what

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer