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2 years ago

What is one key difference between payday loans and title loans?

1 answer:

Nutka1998 [239]2 years ago

3 0

Personal loans usually have a fixed interest rate and a predetermined payback period. The length of your loan might range from 24 to 60 months. Rates will be determined mostly by your credit score and credit history, and can range from single digits to triple digits. Fees differ depending on the lender.

Title loans are high-interest, short-term loans secured by the title of your vehicle. The amount you may borrow is determined by the car's worth, and payback terms range from 15 to 30 days. Rates can be in the tens of thousands of dollars.

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The effect of bulky or heavy products on transportation costs can make _______ an inappropriate strategy.

emmainna [20.7K]

Transportation costs can make exporting an inappropriate strategy.

If a product is bulky or heavy, because of its weight or mass the transportation costs will obviously increase and make it more expensive, and unless the product carries an extraordinary high value-to-weight ratio the exporting strategy will be considered the least effective.

3 0

3 years ago

Exercise 183 Wayne Company reported net income of $265,000 for 2020. Wayne also reported depreciation expense of $45,000 and a l

Cerrena [4.2K]

Answer:

Net cash flow of the operating activities is $356,000

Explanation:

Wayne Company

Partial statement of Cash flow

For the year Ended December 31, 2021

Cash flow from operating activities:

Net Income $265,000

Adjustment to reconcile net income to net

cash provided by operating activities

Depreciation expenses $45,000

Loss on sale of equipment $8,000

Decrease in accounts receivable $15,000

Decrease in prepaid expenses $6,000

Increase in accounts payable $17,000 $91,000

Net cash provided by operating activities $356,000

7 0

2 years ago

If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher

Dima020 [189]

Answer:

Explanation:

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6 0

3 years ago

The market for tomatoes is in equilibrium at the price of $10, and quantity of 50 tomatoes. If consumer surplus is $400 and tota

Darya [45]

Answer:

$250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

Explanation:

Data provided in the question:

Price of tomato = $10

Equilibrium quantity = 50 tomatoes

Consumer surplus = $400

Total surplus = $650

Now,

The producer surplus = Total surplus - Consumer surplus

= $650 - $400

= $250

This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.

3 0

3 years ago

Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d

Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

As Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the display is all set. Then Sarah approaches the manager with an idea for the display, and the manager tells her that it’s a great idea. Equity theory is the model of motivation that explains how Peter is striving for fairness and justice. Equity theory explains that employees should be treated equally and fairly in order to keep them motivated at the workplace. If employees started feeling that they not being treated fairly then they will dissatisfied and demotivated at the workplace which will definitely reduces their work productivity. Human beings are motivated when they are treated fairly and equally.

6 0

3 years ago