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mestny [16]
3 years ago
13

A loan that is less risky for a lender and is associated with a valuable asset is called a(n) . Rayna needs to get a new set of

tires for her car, so she uses her credit card. If she does not pay her bills, there is no asset that can be collected. This means she has received a(n) . Jack agrees to take out a mortgage. If he fails to make his payments, the bank may repossess his house. He has received a(n) .
Business
2 answers:
kykrilka [37]3 years ago
8 0

A loan that is less risky for a lender and is associated with a valuable asset is called a <u>"secured loan".</u>

Rayna needs to get a new set of tires for her car, so she uses her credit card. If she does not pay her bills, there is no asset that can be collected. This means she has received an <u>"unsecured loan".</u>  

Jack agrees to take out a mortgage. If he fails to make his payments, the bank may repossess his house. He has received a <u>"secured loan".</u>


A secured loan is a loan which is normally given on a lien. It is ensured by an advantage/hardware. For instance, we can say that anchored advance is taken to a house or a vehicle and it is secured by the equivalent. As it is ensured by the advantage, the financing cost is lower than an unsecured loan and in the meantime, the bank of the advance feels safe.  

On the other hand, an unsecured loan refers to a loan which doesn't have any insurance. That is the reason the hazard natural in the loan gets upgraded. Furthermore, accordingly, the financing cost of the unbound credit is higher than the secured loan.

eimsori [14]3 years ago
4 0
1. secured
2.unsecured loan
3.secured loan
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The following data represent quantities of tea leaf pluckings (tender shoots from tea plants) from sixteen different plots of te
mr_godi [17]

Answer:

Explanation:

1)H_0 : All group means equal or \mu _1=\mu _2=\mu _3=\mu _4

H_1:\mu 1=\mu 2=\mu 3\neq \mu 4

At least one of the treatment group means are different

ANOVA TABLE      

<u>Source of Variation    SS         df      MS            F          P-value        F crit </u>

Between Groups       213.5      3    71.16667   0.65 0.5975     3.490295

Within Groups          1312.5      12   109.375  

MSB = SSB / DFB = 71.16667

MSE = SSE / DFE = 109.375

F = MSB / MSE = 0.650667

3) P-value: 0.597576

The test statistic is not significant and failed to reject the null hypothesis.

4) The test statistic is not significant. So, there is no evidence to conclude that there is a difference between groups.

4 0
3 years ago
On January 1, 2018, Chamberlain Corporation pays $550,000 for an 80% ownership in Neville. Annual excess fair-value amortization
german

Answer:

The question is missing the options, which are contained in the attached question.

The consolidated net income attributable to the non-controlling interest i $30,000.00 with option D as the correct answer as found in the attached

Explanation:

Neville's net income for the year                   $175,000.00

less annual excess fair value amortization    ($25,000.00)

Net income after excess fair amortization      $150,000.00

Chamberlain's share of net income

80%*$150,000.00                                            (<u>$120,000.00)</u>

Non-controlling interest share of net income  $30,000.00

Note that the non-controlling interest is a balancing figure.

Chamberlain consolidated income can be computed thus:

Chamberlain 100%   net income   $380,000.00

Plus share of Neville's net income <u>$120,000.00</u>

Consolidated net income                 <u>$500000.00</u>

Download docx
3 0
3 years ago
A company had been selling its product for $20 per unit, but recently lowered the selling price to $15 per unit. The company's c
sammy [17]

Answer:

$2,600

Explanation:

As we know that the inventory should be recorded at a cost or market value which ever is lower

In the given case,

The cost is

= 200 units ×$16 per unit

= $3,200

And, the market value is

= 200 units × $13 per unit

= $2,600

So as we can see that the lower value is $2,600 and the same is to be reported on the balance sheet

6 0
3 years ago
Find the after-tax return to a corporation that buys a share of preferred stock at $50, sells it at year-end at $50, and receive
enyata [817]

Answer:

After tax Return is $3.50

After tax rate of return is 7.00%

Explanation:

Purchase Price = $50

Price at the end of the year = $50

Dividend Received =$5

Return on share = Dividend + Gain on share price

Return on share = $5 + ( $50 - $50 )

Return on share = $5 + $0

Return on share = $5

After tax return = $5 x ( 1 - 0.3 ) = $5 x 0.7 = $3.5

Rate of return on share = ( Total return / purchase price ) x 100

Rate of return on share = ( $3.5 / $50 ) x 100

Rate of return on share = 7%

5 0
3 years ago
If opportunity cost were to suddenly increase, total cost would a) decrease and net benefit would increase. b) decrease and net
Allushta [10]

Answer:

The correct answer is option d.

Explanation:

The total economic costs include both explicit as well as implicit costs. The explicit costs are the direct costs incurred and the implicit costs are opportunity costs.

An increase in the opportunity cost will cause the total economic costs to increase. The net benefit is the difference between the total revenue earned and the total cost incurred. An increase in the opportunity cost will cause a net benefit to decrease as total costs will increase.

4 0
3 years ago
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