Answer:
if you are approved for a secured loan, a lender will put a lien on an asset until the loan is paid off. An unsecured personal loan, by contrast, does not require any collateral. Examples of unsecured loans can include credit cards, student loans, unsecured personal loans, and unsecured personal lines of credit.
Answer:
$1,500
Explanation:
For the computation of effect of the transaction first we need to find out the book value sold for which is shown below:-
Book Value sold for = Original cost of the furniture - Accumulated depreciation
= $18,000 - $10,000
= $8,000
Gain = $9,500 - $8,000
= $1,500
Therefore for computing the effect of the transaction we simply applied the above formula and as we can see that there is gain of $1,500
Answer:
decreases as the investor increases the number of stocks in her portfolio.
Explanation:
In Business, a portfolio can be defined as a wide range of financial investments such as bonds, stocks, cash, commodity, real estate, cash equivalent, art etc that are being held by an individual or organization.
The risk associated with a portfolio decreases as the investor increases the number of stocks in her portfolio.
This ultimately implies that, as the number of assets being held by an individual or organization increases, the risk associated with such a portfolio decreases. Generally, this is referred to as diversification.
Answer:
Cost-Plus
Explanation:
Cost plus pricing is a system of determining the selling price of an item by adding a determined amount called mark-up to the total cost of producing the item.Its purpose is to ensure that cost are fully recovered and profit are also made.
In a less competitive environment like Steinway's own , where pianos are being produced to the specification of waiting customers , this gives a good opportunity for cost plus marketing as threats from competitors are minimal or even nil.
Answer:
325 units per month
Explanation:
Cumulative demand for next four months:
= 200 + 400 + 250 + 350
= 1,200
Total production requirement
:
= Cumulative demand for next four months - Beginning inventory + Ending inventory
= 1,200 - 0 + 100
= 1,300
At level strategy, monthly production rate will be uniformly.
Therefore,
the monthly production rate will be as follows:
= 1,300 ÷ 4
= 325 units per month
