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Ivanshal [37]
3 years ago
15

Why does an unsecured loan have a higher interest rate than a secured loan?

Business
1 answer:
Tomtit [17]3 years ago
6 0

Answer: A

Explanation: There is a higher risk for banks when they give an unsecured loan. Secured loans have a collateral to back the loan, whereas unsecured loans are not a secure (hence the name).

Hope this helps!

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Tunneling Inc. fixed costs are at $100,000. The company has sales of 10,000 units with a price of $84 and variable cost per unit
zubka84 [21]

Answer:

Tunneling Inc.

Degree of operating leverage

= Contribution Margin divided by Operating Income

= $440,000/$290,000 = 1.52

Explanation:

(a) Data and Calculations:

Sales Revenue =   $840,000 (10,000 x $84)

Variable cost =           $400,000 (10,000 x $40)

Contribution =            $440,000

Fixed costs =              $100,000

Depreciation =             $50,000

Operating Income = $290,000

Tax (21%)                    ($60,900)

Net Income =             $229,100

(b) The degree of operating leverage for Tunneling Inc. is 1.52.  It shows the financial impact of a change in sales revenue on Tunneling Inc.'s earnings.  Analysts usually work this ratio out to determine this important effect.

4 0
3 years ago
What do you call the surface of a fabric created by plucking yarns from it with little needles on rotating drums?
SSSSS [86.1K]

Answer:

Answer is Nap.

Explanation:

The surface of the fabric that is used to pluck yarn from fabric is called nap. The process is called napping, in which the fibres are teased and then the soft fur-like surface is created. This process is mostly used yarning of blankets and woollen fabrics.

4 0
3 years ago
)You just saw a commercial in which your favorite video game character climbs to the top of a mountain, fights a monster, and th
gulaghasi [49]
<span>Glittering generalities is your answer.</span>
4 0
3 years ago
A decrease in supply will cause the largest increase in price when a. both supply and demand are inelastic. b. both supply and d
Bezzdna [24]

Answer:

c. demand is elastic and supply is inelastic.

Explanation:

Elasticity is a measure of how buyers and sellers react to a change in prices, and allow us to analyze supply and demand more accurately.

The price elasticity of demand measures how much the quantity demanded changes due to a change in prices. If the demand curve is elastic, total revenue falls as the price increases. If the demand curve is inelastic, total revenue increases as the price increases.

With an elastic demand curve, an increase in prices leads to a decrease in the quantity demanded, in a greater proportion than the increase in prices, in this way total revenue decreases. and the supply decreases greatly.

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3 years ago
Purchase furniture Rs 10000 ​
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What’s that??????

How much is it?
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