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MrMuchimi
2 years ago
10

What can a borrower do to take control of their debt? O A. The borrower can apply for more credit cards. O B. The borrower can c

reate a payment plan. O C. The borrower can make only minimum payments. O D. The borrower can pay bills selectively.​
Business
1 answer:
alexgriva [62]2 years ago
4 0

The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

<h3>What is a debt?</h3>

Debt refers to amount money borrowed or things someone owed a person and promises to refund or return back when it is available.

A borrower borrowed from the lender and it is the borrower that is in debt.

Therefore, The thing a borrower can do to take control of their debt is The borrower can create a payment plan.

Learn more about debt below.

brainly.com/question/24871617

#SPJ1

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Emma's property is assessed at $650,000. her property qualified for a $50,000 homestead tax exemption and was appraised at $800,
Rama09 [41]
Emma's taxable property value should be $600,000 since her taxes will be based on the assessment not the appraisal and also because she gets the $50,000 tax reduction so therefore to reiterate she will be taxed on only the $600,000.
6 0
3 years ago
A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnove
Degger [83]

Answer:

Sustainable Growth Rate: 2.5%

Explanation:

Sustainable growth rate is calculated by multiplying return on equity with retention ratio.

Logic behind above is that whatever portion of net profit is retained by the Company, is used in the Company's operations, which earns certain percentage of equity known as return on equity. By multiplying both return on equity with retention ratio, we assume that the practice will continue for foreseeable future and the Company will continue to grow at the calculated growth rate.

Growth rate = Retention ratio * return on equity

Retention ratio = 50%

Return on equity = Net profit available for distribution / Opening equity

Return on Equity = (25,000 * 10%) / 50,000

Return on Equity = 5%

Growth Rate = 5% * 50%

Growth Rate = 2.5%

5 0
3 years ago
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capita
Alex17521 [72]

Answer:

True

Explanation:

A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.

7 0
2 years ago
As mario is filling out his income tax forms, he makes the decision not to report all of his income. he figures that it is okay
Roman55 [17]
Mario is exhibiting the defense mechanism: rationalization. Mario justifies his controversial decision and behavior (his decision not to report all of his income)  in rational or logical manner. This defense mechanism has two steps. The first step is the <span>decision itself with no reason, and the second step is when the <span>rationalization is performed</span></span> .
6 0
3 years ago
Presented below are incomplete manufacturing cost data.
rjkz [21]

Answer and Explanation:

The computation of the missing amount is as follows:

As we know that

The total manufacturing cost = Direct Materials Used  + Direct Labor Used + Factory Overhead

So,

(1)

= $42,700 + $64,200 + $52500

= $159,400

(2)

= $298,000 - $78,100 - $144,000

= $75,900

(3)

= $314,000 - $57,400 - $113,000

= $143,600

8 0
3 years ago
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