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nexus9112 [7]
2 years ago
11

How are the costs of secured and unsecured loans different?

Business
1 answer:
Alecsey [184]2 years ago
7 0

Answer:

Because your assets can be seized if you don't pay off your secured loan, they are arguably riskier than unsecured loans. You're still paying interest on the loan based on your creditworthiness, and in some cases fees, when you take out a secured loan.

Explanation:

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Western Electronics (WE) is reviewing the following data relating to a new equipment proposal: Net initial investment outlay $ 5
Vedmedyk [2.9K]

Answer:

The answer is $12,297.

Explanation:

Denote x is the minimum amount of after-tax annual savings (including depreciation effects) needed to make the investment yield a 12% return.

As required in the question, at $X annual after-tax saving, the net present value of the project discounted at the required return 12% will be equal to 0. So, we have:

- Net initial investment + Present value of cash inflow from asset disposal in 5-year + Present value of 5 after-tax annual savings = 0 <=>  -50,000 + 10,000 x 0.567 + X x 3.605 = 0 <=> 3.605X = 44,330 <=> X = $12,297 (rounded to the nearest whole dollar).

Thus, the answer is $12,297.

4 0
4 years ago
How can international trade agreements lead to economic growth
LUCKY_DIMON [66]
To answer the question above on how can international trade agreements lead to economic growth is that it can boost the country's development special to the third world country or other poor country that needs to open their market benefiting that it earns because of more investments coming in.
3 0
3 years ago
Select the correct text in the passage. Which sentence describes a cooperative organization? Cohen and his friends work in a coo
frutty [35]

Answer:

They own and control the functions of the organization.

Explanation:

A cooperative is owned by the total of their affiliates who are the direct users of it. This means that if you want to use the cooperative you must be an owner/affiliate.

6 0
3 years ago
Explain what type of business would fall under a partnership ???
scZoUnD [109]

here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

4 0
3 years ago
Sanborn Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.
Nana76 [90]

Answer:

d) 34.17

Explanation:

we must first calculate the total overhead expenses = $120,000 (ordering and receiving) + $297,000 (machine setup) + $1,500,000 (machining) + $1,200,000 (assembly parts) + $300,000 (inspection) = $3,417,000

since overhead is applied based on direct labor hours, then the predetermined overhead rate = total overhead expenses / total direct labor hours = $3,417,000 / 100,000 labor hours = $34.17 per labor hour

8 0
3 years ago
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