patriciaceaser2980
11.05.2021 •
Business
With microfinance, the mechanism of is a way to avoid the problem of imperfect information.
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Ответ:
peer lending
Explanation:
With microfinance, the mechanism of is a way to avoid the problem of imperfect information. A) requiring no collateral B) peer lending C) making only small loans D) accepting savings deposits
Imperfect information is when parties to a transaction do not have the same amount of information.
Peer lending is when a borrower is matched with a lender. Information about the borrower is disclosed to the lender. Such information includes :
personal credit quality
age nameeducation genderthis helps to reduce imperfect information
Ответ:
Dr Cash $110
Dr Accounts receivable $70
Cr Service revenue $180
Explanation:
The necessary accounting for the transaction is debit of $110 to cash account and debit of $70 to receivable while a credit of $180 is passed to service revenue account.
The amount that would be included in cash flow from operating activities is the actual cash of $110,but the whole $180 would be shown in income statement
Using the indirect method of showing net cash flows from operating activities,the entries in the cash flow would like thus:
Net income $180
Increase in working capital(accounts receivable) ($70)
Net cash flow from operating activities $110