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Novosadov [1.4K]
3 years ago
5

If you get a personal loan, and the bank asks for something to guarantee the loan, the bank is asking for what?

Business
2 answers:
Licemer1 [7]3 years ago
8 0
The answer will be =Down payment
Sonja [21]3 years ago
5 0

The right answer is collateral, I know because I took the test a couple days ago.

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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t
Katarina [22]

The impact would be that the average size of the inventory will increase.

If the manager has decided to double the production batch size then the average size of the inventory will also increase.

<h3>What is an inventory? </h3>
  • In general terms an inventory refers to all the goods, items, products, which are a part of the business organization.
  • For different industries the inventories have different meanings.
  • Manufacturing industry: the inventory is not only the finished or the final product but also the raw materials are included.
  • Service industry: the inventory of the service industry includes the steps involved in the sales of the product.
  • Raw materials, finished goods, work that is in process etc.. all of this is inventory.
  • Inventory is an important asset for all businesses and it is important to understand the meaning of it.

To learn more about inventory visit:  brainly.com/question/14179825?

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6 0
1 year ago
Name 4 challenges of the market environment​
Korolek [52]

Explanation:

Challenge 1: Changes in how buyers buy.

Challenge 2: Competition.

Challenge 3: Need for top talent.

Challenge 4: Competing on price only.

6 0
3 years ago
Read 2 more answers
The average fixed cost curve a. always declines with increased levels of output. b. always rises with increased levels of output
Zolol [24]

Answer: a. always declines with increased levels of output.

Explanation: the average fixed cost curve graphically illustrates or shows the relation between average fixed cost a firm incurs in the short-run production of a good or service, and the quantity produced. The average fixed cost curve always declines with increases in the level of output resulting in a negatively sloped curve. This is to say that the average fixed cost is relatively high at smaller quantities of output, which then declines as the level of production increases--the more output increases, the more average fixed cost declines. Why this occurs is that a given fixed cost is spread over an increasingly larger quantity of output and as such, firms can profitably charge a lower price with increased output.

7 0
3 years ago
Select the incorrect statement regarding costs and expenses.Multiple ChoiceExpenses are incurred when assets are used to generat
d1i1m1o1n [39]

Answer:

Manufacturing-related production costs are initially recorded as expenses

Explanation:

Cost is defined as an amount that has to be paid or spent to buy or obtain something. Cost can be specific, like, "What is the cost of a particular product?" or it can be a penalty, like consider the cost of missing the event.

Expenses sounds similar to that of cost: an amount of money that must be spent especially regularly ro pay for something.

Manufacturing cost are considered to as those that are spent to transform materials into finished goods. Manufacturing costs include direct materials, direct labor, and factory overhead.

Manufacturing cost are also known as factory cost or production cost

3 0
3 years ago
Read 2 more answers
Perez Company reported the following data regarding the product it sells: Sales price $ 56 Contribution margin ratio 25 % Fixed
suter [353]

Answer:

Contribution margin ratio = 1 - variable cost ratio

                                          = 25%

(a) Break\ even\ in\ dollars=\frac{fixed\ costs}{contribution\ margin}

Break\ even\ in\ dollars=\frac{350,000}{0.25}

                                            = 1,400,000

 Break\ even\ in\ units=\frac{Break\ even\ in\ dollars}{sales\ price}

 Break\ even\ in\ units=\frac{1,400,000}{56}

                                           = 25,000

(b) For profit of $42,000,

sales=\frac{Profit+fixed\ cost}{contribution\ margin\ ratio}

sales=\frac{42,000+350,000}{0.25}

               = 1,568,000

In\ units=\frac{sales}{sales\ price}

In\ units=\frac{1,568,000}{56}

                    = 28,000

(c) variable cost = sales price × variable cost ratio

                           = $56 × 75%

                           = $42

New contribution margin = \frac{New\ sales\ price-variable\ cost}{New\ sales\ price}

New contribution margin = \frac{70-42}{70}

                                          = 0.4

                                          = 40%

New\ Break\ even\ in\ dollars=\frac{fixed\ costs}{contribution\ margin}

New\ Break\ even\ in\ dollars=\frac{350,000}{0.4}

                                                        = $875,000

New\ Break\ even\ in\ units=\frac{New\ Break\ even\ in\ dollars}{New\ sales\ price}

New\ Break\ even\ in\ units=\frac{875,000}{70}

                                                    = 12,500

3 0
3 years ago
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