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yulyashka [42]
3 years ago
10

What is a secured loan

Business
2 answers:
Anon25 [30]3 years ago
8 0
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
laiz [17]3 years ago
4 0

B.a loan that requires collateral

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Scientific management foucuses on increasing efficiency at increasing operating efficiency at the _ level of management
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3 years ago
A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec
Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

    Cr Income summary 257,000

Dr Income summary 48,370

    Cr Rent expense 10,700

    Cr Utility expense 4,200

    Cr Salary expense 19,200

    Cr Depreciation expense 9,700

    Cr Advertising expense 4,570

Income summary

Debit               Credit

<u>18,370             257,000</u>

                       208,630

In order to close income summary:

Dr Income summary 208,630

    Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

    Cr Dividends 18,700

7 0
3 years ago
In declining markets: 1. the only effect advertising will have on primary demand is to slow the rate of decline.2. advertisers a
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Answer: 1. The only effect advertising will have on primary demand is to slow the rate of decline.

Explanation: Declining markets are those that have gone from maturity - where sales stay flat or may even climb occasionally - to multiple periods where there are decreasing sales. This drop in sales is the first and most obvious sign of a declining market and lower sales quickly lead to other attributes.

Common characteristics of the decline stage include a decrease in sales, an increasing difficulty to make a profit, and a decrease in advertising.

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3 years ago
Plastic Company purchased 100 percent of Spoon Company's voting common stock for $666,000 on January 1, 20X4. At that date, Spoo
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Answer: $68,600

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= 94,000/10 years

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6 0
3 years ago
A business concept is a concise description of an opportunity that does not include
chubhunter [2.5K]

it contains four elements:<span>
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