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3 years ago

Why is it difficult to pay off debt and how can debt payments work against consumers?

1 answer:

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Debt is hard because people like to put it off, and that putting it off has a cost called interest, eventually, something wil hit the consumer that will knock them oout and prevent them from making payments on time deepeenging them further into debt, then this repreats for along time

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Dina loves branded apparel and accessories but cannot afford to buy them too often. Fortunately, Dina lives close to an off-pric

inn [45]

Answer: Off- Price Retail Store

Explanation: An off price retail store also known as treasure hunt is a store that sells at very low prices. They stock wide range of original goods from well known manufacturers and sell at reduced price.

It focuses more on fashion goods from well known designers. The items bought here are well known for quality.

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3 years ago

Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash disbursements (excluding c

WINSTONCH [101]

Answer:

Kayak Co.

Cash Budget

January February March

Cash inflows: $525,000 $400,000 $450,000

Cash outflows: ($475,000) ($350,000) ($525,000)

Monthly cash flow: $50,000 $50,000 ($75,000)

Monthly interests: ($600) ($106) $0

Initial cash balance: $30,000 $30,000 $69,294

Ending cash balance: $79,400 $79,894 ($5,706)

Required bank loan: $0 $0 $35,706

Payment of bank loan: ($49,400) ($10,600) $0

Total $30,000 $69,294 $30,000

Explanation:

Cash Receipts Cash Disbursements

January $525,000 $475,000

February $400,000 $350,000

March $450,000 $525,000

A cash budget is the estimation of the business's future cash flows including estimated revenues and expenses.

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3 years ago

Summarize red lines and reverse red lining and why they are unethical lending practices

Sonbull [250]

Answer:

3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.

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2 years ago

Productivity is a relative measure, and must be compared to something else meaningful to be effective. What are the three ways o

exis [7]

Answer:

past performance, overall goal, other's performance.

Explanation:

Productivity can be measured to three main things, past performance, overall goal, others performance. Each of these are effective and meaninful factors to compare productivity to. They allow you to determine if productivity is increasing, decreasing, or if it could be better. If other individuals perfomance is better than yours and they are similar to you in every other factor then that means that your productivity can and should be better than what it currently is. Therefore, each one of these comparisons provide useful and valuable data.

5 0

3 years ago

Which of the following best describes the Net Present Value rule?

Harrizon [31]

Answer:

(B) Take any investment opportunity where the net present value (NPV) is not negative; turn down any opportunity when it is negative.

Explanation:

Net present value (NPV) simply differentiates between the present value of cash inflows and the present value of cash outflows.

And the rule is that a company should only invest or be engaged in any business that has a positive net present value and exclude themselves from businesses that have been negative net present value as this can increase the company's income.

8 0

3 years ago