C. Private loan - a loan between two private parties can be set to whatever they want and is usually lower than the average that banks and other professional industries offer.
FYI - payday loans will have some of the highest interest rates of all loans.
Hope that helps
The student loan debt has the highest consumer debt balance.
Below is an explanation about student loan debt.
<h3>What is Student Loan debt</h3>
Student debt is a type of debt that is owed by a current student, a formerly withdrawn student or graduated student to a lending institution, or to a financial institution
This type of loan has the highest consumer debt balance.
Lean more about types of debt at brainly.com/question/2754850
Answer: 9.45%
Explanation:
From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.
The return on income for the year will be:
= ( Net Income / Total Assets ) × 100
= ($17,700 / $187,300) × 100
= 0.0945
= 9.45%
Answer: See explanation
Explanation:
a. Debit: Raw material $12000
Credit: Account payable $11500
Credit: Material price variance $500
(To record material purchase)
b. Debit: Work in process 11600
Credit: Raw material 11200
Credit: Material price variance 400
(To record material issued)
Note:
Material price variance for (a)= 12000 - 11500 = 500
Work in progress = 5800 × 2 = 11600
Material price variance for (b) = 11600 - 11200 = 400
Answer:
D) Legitimate power.
Explanation:
What is power exercising?
It is known that leaders have diverse styles. However, there is also a concept of exercising power which only identifies what power a figure is utilizing. There are eight powers of leaders.
Legitimate power: The power a leader use when he has a certain position in the company.
Foreman has authority over it's employees that's because the employee is compelled to do as the foreman is saying.