1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:

You might be interested in
These are selected 2022 transactions for Bramble Corporation:
astraxan [27]

Answer:

Dr amortization expense    $14,500

Cr Copyright asset                             $14,500

Dr amortization expense    $6,250

Cr Patent asset                                $6,250

Explanation:

First of all,a goodwill with an indefinite life is not depreciable,hence no adjusting journal entries would be prepared in respect of the goodwill.

However,the copyright would be amortized using the lower of useful life of 6 years and legal life of 30 years,the amortization expense for the year is shown below:

amortization charge=$87,000/6 years=$14,500

The patent is to amortized in the way as the as the copyright the lower of useful life and legal life.

amortization charge=$30,000/4 years*10/12=$6250

The patent was only used for 10 months in the year

8 0
3 years ago
Stephanie is a 40 percent partner in the SKY Partnership. During the current tax year, the partnership reported ordinary income
gregori [183]

Answer:

The answer is Option B.

$48000

Explanation:

Guaranteed payment                                                 $30,000.00  

Balance distribution [($210000-$90000)*40%]         $48,000.00  

Stephanie's adjusted gross income                         $78,000.00  

Less : Guaranteed Payment every year                 $30,000.00  

Increase in Stephanie's adjusted gross income         $48,000.00  

5 0
3 years ago
Which is NOT true regarding differences between goods and​ services? A. Services tend to have higher customer interaction than g
Blababa [14]

Answer:

E. None, i.e., all of the above are true.

Explanation:

A. Services tend to have higher customer interaction than goods.  

B. Most goods are common to many customers; services are often unique to the final customer. C. Services tend to have a more inconsistent product definition than goods.  

D. Tangible goods are generally produced and consumed simultaneously; services are not.

E. None, i.e., all of the above are true.

All of the above are true

7 0
3 years ago
When does a student need to file the FASFA?
Anastasy [175]
<h3>Hello there!</h3>

Your question asks when does a student need to file the FAFSA.

<h3>Answer: Every year of college attendance </h3>

The reason why "every year of college attendance" would be the correct answer is because the FAFSA is required to be filled out yearly by the students.

The FAFSA stands for Free Application for Federal Student Aid, meaning that this aid will give students the chance to receive financial aid. The reason why they ask for students to file every year because there could be one year where a student doesn't need the financial aid, and there are other years where the student needs the financial aid badly, and this is just to ensure that they're giving money to the right people. This is because financial aid could change for every year. They also have people file the FAFSA yearly to see if they have any other family members that got into college.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3><h3 />
7 0
3 years ago
7. EB Company sells a large pack of "Cutie" diapers for $20. One pack of diapers requires two pounds of raw material and one hou
kondaur [170]

Answer:

c. 600

Explanation:

One pack of diapers requires two pounds of raw material and one hour of direct labor for manufacture. Since Raw material costs $3 per pound and direct production labor is paid $4 per hour.

Therefore the cost of producing one pack of diaper = 2 pounds($3 per pound) + 1 hr($4 per hour) = $6 + $4 = $10

Since Fixed supervisory costs are $2,000 per month and EB rents its factory for $4,000 per month, the total expense for x diapers per month is given as:

Expense = $2000 + $4000 + $10x = $10x + $6000

The revenue generated by selling x diapers per month since one pack is sold at $20 is given as:

Revenue = $20x

At break even, Revenue = Expense

Therefore: $10x + $6000 = $20x

20x - 10x = 6000

10x = 6000

x = 6000/10 = 600

EB would need to sell 600 diapers to break even

8 0
3 years ago
Other questions:
  • "levi had an unexpected surprise when he returned home this morning. he found that a chemical spill from a local manufacturer ha
    13·1 answer
  • Topic : Payroll ​<br><br>Please answer as soon as possible.
    14·1 answer
  • An expansionary monetary policy affects aggregate demand
    7·1 answer
  • Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable Ending Accounts Receivable N
    10·1 answer
  • Text despre primavara 8-9 propozitii va rog!!!!1
    15·1 answer
  • Organizational climate is defined as the set of shared, taken-for-granted, implicit assumptions that a group holds and that dete
    15·1 answer
  • What is the expected return on a portfolio comprised of $9,750 of Stock X and $4,520 of Stock Y if the economy enjoys a boom per
    15·1 answer
  • is Company uses an ABC system. Which of the following statements​ is/are correct with respect to​ ABC? I. All cost allocation ba
    7·1 answer
  • PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in
    8·1 answer
  • During business cycle expansions when income and wealth are rising, the demand for bonds ________ and the demand curve shifts to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!