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valina [46]
3 years ago
8

The difference between a secured loan and unsecured loan is that the secured loan is

Business
2 answers:
SSSSS [86.1K]3 years ago
8 0

Answer:

Explanation:

A secured loan is a type of loan on which the borrower uses  some assets for collateral . That means it is secured on the assets in the case of any default in terms by the borrower.

An unsecured loan on the other hand is a type of loan that is not secured on any assets . The risks related to this type of loan is higher as there is no security to cover or minimize the loss in the situation of a default in terms.

Looking at the definition given above , the difference between a secured and unsecured loan is that assets are promised by the borrower as security over a secured loan , hence the cost can be lower while in the unsecured loan , no asset is promised as security and the cost can be higher

zalisa [80]3 years ago
8 0

Answer:

has a lower interest rate

Explanation:

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kodGreya [7K]

Answer:

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Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.
irina [24]

Answer: $47.50

Explanation:

The Price per share under Plan I can be calculated by the formula;

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3 years ago
The rdas are designed to cover the needs of ______% of the population
blondinia [14]
The answer to this is:
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Should a local government be able to condemn property in order to sell it later to real estate developers for private use? Why o
ZanzabumX [31]
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3 years ago
Direct materials, direct labor, and manufacturing overhead are all ______ costs. Multiple choice question. direct conversion per
galina1969 [7]

Product Costs include Direct materials, direct labor, and manufacturing overhead

<h3>What is product Costs?</h3>

Product Costs refers all the costs incurred in order to produce or manufacture a product. It refers to all the expenses or what is use to produce a product . Example of product costs include direct labor, direct materials,supplies, manufacturing overhead and consumable production.

Therefore Product Costs include Direct materials, direct labor, and manufacturing overhead

Learn more on cost of production from the link below.

brainly.com/question/1373878

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