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alukav5142 [94]
4 years ago
7

Sam would like to use his extensive stamp collection as collateral for a secured loan. Sam has documentation that says his stamp

collection is worth $10,525.00. Sam's bank has a policy that permits loan officers to lend no more than 82.5% of the value of the collateral. What is the maximum loan amount Sam can get from his bank using his stamp collection as collateral?
Business
1 answer:
IRINA_888 [86]4 years ago
7 0

Answer:$8,683.13

Explanation:

82.5% of $10,525.00

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A number of political leaders have expressed concern about the nation's decline as a major steel producer. Many have advocated p
Volgvan

Answer:

B) the substitution of domestic steel for foreign steel absorbs resources that would otherwise produce goods of greater value

Explanation:

This type of policy is really controversial since politicians like to announce public policies that may help their constituents on the short run, but will eventually end up damaging them and the whole country on the long run.

A clear example is coal mining. Coal mining was praised during the last election and even though some new jobs have been created in that industry, the overall effect in the country is extremely negative and offsets any positive outcome. Coal mining results in heavy pollution and it is also not economically profitable. The resources invested in coal mines could generate much higher benefits for everyone, investors, workers and the government if they were used to finance some other activity.

Currently the government has limited the imports on foreign steel and the domestic production hasn't been able to increase enough to cover the manufacturing needs of American companies and it resulted in higher steel prices and an increase in manufacturing costs.  

Market rules apply to everyone and every country. Sometimes it is not possible to produce certain goods at a competitive price no matter how hard we try and the country's well being is negatively affected. Much better results can be obtained by focusing on certain industries where American businesses really excel instead of always trying to favor inefficient industries that have a high lobby power.

3 0
3 years ago
the main purpose of writing a business plan is to a. meet a state requirement for new businesses. b. inform employees of your bu
tamaranim1 [39]
The correct answer is c. prepare a "blueprint" for the development of your business

The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
7 0
3 years ago
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A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of ti
nikdorinn [45]

Answer:

a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking.

Explanation:

Since in the question it is given that that employee work for a less days or less hours prior walk off to the job again. Also the employer would claimed that the union does not have the legal right to have partial strike so here the employer is correct as the union could be do one thing at a time i.e. strike or work

So statement a is correct

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3 years ago
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<h3>What is cash flow statement?</h3>

A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.

It also includes all cash outflows for business and investment operations over a set period of time.

Thus, "Cash flow from financial activities" is the heading.

For more details about cash flow statement, click here

brainly.com/question/21306581

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3 years ago
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Answer:

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