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Artemon [7]
2 years ago
10

What is collateral?

Business
1 answer:
nasty-shy [4]2 years ago
7 0

Answer:

B. property given as security for a loan

Explanation:

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Alpha Company sold goods to customers who used Under-the-Hill bank credit cards. Credit card sales on July 8, 2016 amounted to $
adoni [48]

Answer:

Accounts receivables -under-the-Hill   11,700 debit

credit card fees expense                          300 debit

            sales revenues                                      12,000 credit

Explanation:

The credit card fee is considered an expense

$12,000 x 0.025 = 300

We will debit our accounts receivables for the difference between the 12,000 billed and the fee charged for Under-the-Hill credit car:

12,000 - 300 0 11,700

5 0
3 years ago
___________ is the characteristic of work concerned with the degree of freedom, independence and discretion an employee has in s
AysviL [449]
Autonomy
Hope this helps
6 0
3 years ago
Read 2 more answers
One reason a student may seek a federal student loan instead of a private student loan is that
Vlada [557]

Answer:

D

Explanation:

hope this helps please brainiest

8 0
3 years ago
Suppose you deposit ​$2 comma 5002,500 cash into your checking account. By how much will checking deposits in the banking system
algol13

Answer:

The change in checking deposit is equal to $22,727.27.

Explanation:

An amount of $2,500 is deposited in a checking account.

The required reserve ratio is 0.11 or 11%.

A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.

The change in the checking deposits will be

= \frac{1}{RR} \times amount deposited

= \frac{1}{0.11}\times \$ 2,500

= $22,727.27

3 0
3 years ago
Suppose you are trying to understand the effect that an increase in the price of grapes will have on the market for wine.
NemiM [27]

Answer:

The correct answer is option d.

Explanation:

The most effective model to understand the effect of change of a variable on other variable is by assuming other factors to be constant. This simplifies the model and helps in easily understanding the relationship between the two variables.  

Though the assumption of other things being constant does not apply in the real world, it is still used as otherwise change in other factors would complicate the model. If several factors change it would be difficult to understand the relationship between variables.  

Here, to study the effect of change in the price of grapes on the market for wine, it is necessary to assume other factors such as income, consumer preferences, etc to be constant.

4 0
3 years ago
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