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alexandr1967 [171]
3 years ago
11

List at least three options you have when you cannot meet your responsibility to repay a loan, and explain why each of these is

a good choice. Explain which choice is the best for you. brainly
Business
2 answers:
Alex Ar [27]3 years ago
7 0
<span>You can delay your payments.
You can cancel the loan.
Discharge the loan by going bankrupt.
The best of these three would be your personal preference..

</span>
Sholpan [36]3 years ago
3 0

Answer:

-Refinance your loan

-File for bankruptcy

-Negotiate with creditor

Explanation:

Three options you have when you cannot meet your responsibility to repay a loan are:

-Refinance your loan: you can replace your loan with another one with different terms like a change on due date or the amount you have to pay to be able to meet your responsability.

-File for  bankruptcy: If you can't pay your debt and can't get a different agreement with your creditor, you can file for bankruptcy which can help you restructure your debt.

-Negotiate with creditor: Your creditor could offer options like letting you skip some payments or a settlement to pay the debt.

The best option will be to negotiate with your creditor when you can't pay your loan as it can offer an option that can help you in a easy and fast way to find a solution to repay the loan and that won't generate long-term consequences to your credit score.

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Miriam and Devon are both upper-level managers, but have very different decision-making styles. Please name and describe in your
Sav [38]

There are various decision making styles of managers, the 4 different kind of manager decision making styles are listed below,

1. Directive

2. Analytical

3. Conceptual

4. Behavioral

Each of these method depend on the style of manager and the situation he is facing.

The directive style decision making style is used for firm decision making, in which ideas are not appreciated by the juniors. This is an aggressive decision making style

Analytical decision making style is one which focuses on finding the best possible solution to the problems after considering all alternative solutions

Conceptual decision making style is one in which managers are achievement oriented and they wish to see brighter future.

Behavioral decision making style is one in which nature of manager is persuasive and he believes gathering ideas from colleagues before making a decision.

Learn more at brainly.com/question/24383317

3 0
3 years ago
Disadvantages of planning​
Step2247 [10]

Answer:this a question??

Explanation:

8 0
3 years ago
Read 2 more answers
The higher the degree of financial leverage employed by a firm is, the: A. Higher is the number of outstanding shares of stock.
horsena [70]

Answer:

Option B,

The higher the degree of financial leverage employed by a firm, THE HIGHER THE PROBABILITY THAT THE FIRM WILL ENCOUNTER FINANCIAL DISTRESS.

Explanation:

The degree of financial leverage (DFL) is a leverage ratio that measures the sensitivity of a company's earnings per share to fluctuations in it's operating income, as a result of changes in its capital structure.

This ratio indicates that the higher the degree of financial leverage, the more volatile earnings will be.

The use of financial leverage varies greatly by industry and by the business sector. There are many industry sectors in which companies operate with a high degree of financial leverage (examples are retail stores, grocery store, banking institutions, airlines...). Unfortunately, the excessive use of financial leverage by many companies in this sector has played a major role in forcing a lot of them to file for bankruptcy.

Therefore, if the degree of financial leverage employed by a firm is high, then the probability that the firm will encounter financial distress will also be high.

3 0
3 years ago
the directors want to give R500 000 to a local school.Give Two reasons why companies take such decision.​
sdas [7]

Answer:

To make investments that will grow over time and provide education for less fortunate children

To have a good public image so they can get more customers.

5 0
3 years ago
Mario Brothers, a game manufacturer, has a new idea for an adventure game. It can market the game either as a traditional board
Scilla [17]

Answer:

1.61

1.82

NPV A = $433.58 IRR =26.3%

NPV B 719.80 IRR 22.7%

Explanation:

Here are the cash flows used in answering this question :

ear Cash Flows-Traditional Board Game (A) Cash Flows-Interactive DVD (A)

0 $(1,600.00) $(3,500.00)

1 $770.00 $2,150.00

2 $1,350.00 $1,650.00

3 $290.00 $1,200.00

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

6 0
3 years ago
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