One of the weaknesses in the economy of the 1920s was that too many people were relying on credit to make purchases. Why was this a weakness? Check all of the boxes that apply. If lenders try to collect the money they are owed and can’t collect, lenders may go out of business. If debts cannot be collected on a wide scale, many workers will lose their jobs.

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: