Answer: Banks don't have any collateral for student loans
Explanation:
Students loans are the loans that are collected by the students so that they can be able to finance higher education. The loans can be gotten from private lenders such as bdnkd or by the government.
Student loans usually guaranteed by the government due to the fact that banks do not have any collateral for student loans but such students can be traced by the government in the case of default on the student's part.
Therefore, the correct option is D.
Answer:
Yes. This is basis the type of the good.
Explanation:
For Example, a Luxury good will be bought only if it priced high and if it is priced less, no one will buy - Example gold.
Normal goods it is otherwise. They will swich for alternatives.
Answer:
The statement of cash flows should report net cash provided by financing activities of $265,000.
Explanation:
Cash Flow from Financing activites:
Common stock issued = $200,000
Dividend Payment = ($30,000)
Issuance of note payable = $45,000
Issuance of Bond = <u> $50,000 </u>
Net cash flow = <u>265,000</u>
The statement of cash flows should report net cash provided by financing activities of $265,000.
