Choose the correct term to complete each sentence.
. An advantage of this source
A source of money that allows individuals to pay for goods and services later is called
of money is
A disadvantage of this source of money is
Fill in the blanks:
Cash-consumer credit-currency
It can be used for shopping-there are no interest charges-it leads to good financial habits-
It is used for mobile phone plans- it does not add up to purchasing power- it requires you to carry cash

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.