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1 year ago

A legal agreement that helps protect a lender if a borrower does not make required payments on notes or bonds is called a(n):

1 answer:

6 0

A mortgage is the legal agreement that helps protect a lender if a borrower does not make required payments on notes or bonds.

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

This refers to the legal agreement by which a bank or society lends its money at interest in exchange for taking title of the debtor's property with the typical condition that the conveyance of title becomes void upon the payment of the debt.

Often, these mortgage also gives the lender a right to be paid from the cash proceeds of the sale of a borrower's assets identified with.

Hence, it is the legal agreement that helps protect a lender if a borrower does not make required payments on notes or bonds.

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If a company that is in a 35 % tax bracket invests in assets that increase its depreciation expense by $ 562 per year, its chang

jasenka [17]

Answer:

increase of 196.70 dollars

Explanation:

While the depreciation expense will not generate a cash outflow or inflow, the expense will impact the net income which determinates the incoem tax payable.

This change in the net income and therefore, the income tax will also change the cahsflow:

depreciation ( 1 - t ) = tax-shield

562 x 35% = 196.70

The increase in depreciation provides a 196.70 dollars tax shield which increases the cash flow generate for the year.

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3 years ago

The act of dividing a market into segments of customers is referred to as

vesna_86 [32]

Answer:

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations.

8 0

3 years ago

Fishing Adventures rents small fishing boats to tourists for daylong fishing trips. Each boat can only carry 1500 pounds of peo

galben [10]

Answer:

Who want to rent a boat? 8 person

Explanation:

Carry 1500 pounds

Carry 200 pouns

Average 150 pound /person

Additional10 pounds/person

1500-200=150x +10x

1300=160x

x=1300÷160

x=8,12

8 person Aditional Gear

150 10

8 8

1200 80 200 1480

8 0

3 years ago

Although the overall divorce rate has declined in the past two decades, divorce among _________ couples is rising. elderly middl

Svetach [21]

<span>middle-aged. Some contributing factors to this are: a) after children grow up, some couples no longer have a common goal. b) infidelity, typically involving a younger person that brings excitement. c) people are living longer, so some people want to get out now rather then spend the additional years in misery.</span>

7 0

3 years ago

Greg is the owner of a full-service car wash. For the month of December he paid $2,000 in rent, $700 in utilities, $2,950 in sal

galben [10]

Answer:

Break-even point= 713 car washes

Explanation:

Giving the following information:

For December he paid $2,000 in rent, $700 in utilities, $2,950 in salaries, and $50 on advertising. A full-service car wash costs $10.50. Unit variable costs per car wash are $2.50.

First, we need to calculate the total fixed costs:

Fixed costs= rent + utilities + salaries + advertising

Fixed costs= 2,000 + 700 + 2,950 + 50= $5,700

Now, using the following formula, we can calculate the break-even point in units:

Break-even point= fixed costs/ contribution margin

Break-even point= 5,700/ (10.5 - 2.5)= 713 car washes

3 0

3 years ago