Answer:
A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back
Explanation:
Hope this helped Mark BRAINLIEST!!!
Answer: False
Explanation:
A limited partnership is a form business partnership formed by at least one general partner and at least one limited partner(also known as the silent partner).
The general partner is responsible for the supervision of the daily operations in the business and also personally bears the liability of the business: while the limited partner only role in the business is to support the business with capital and shares in the business profit but doesn't personally carry the burden of the business liability.
Answer:
$13,800
Explanation:
The amount of the increase to the cash account is shown below:
= Received cash + received cash + received cash + borrowed amount + received cash
= $1,350 + $6,950 + $675 + $3,000 + $1,825
= $13,800
Hence, the above formula is applied
Therefore the increase in cash account is $13,800
And, the same is to be considered
Answer: The importance of liquidity
Explanation:
The financial principle at play is the importance of liquidity. Liquidity is the ease with which asset can be converted to cash. Maiko's asset has helped her to solve her financial issues she is experiencing after her job loss, therefore this shows the importance of liquidity.
Answer:
Part a.
If the Congress of country U to clothing insurance gives a preferential tax treatment, and the insurance company agrees to pay 80% of the clothing expenses and the tax subsidizes the insurance premium, it will result in increase in the consumption of clothes, because people will buy clothes as if they were free.
With this change in behavior there will be decline in economic efficiency because purchasing of formal and expensive clothing is not done on a regular basis, with clothing insurance people will buy less costly daily wear clothes at subsidized rates or for free and the price of clothes will decrease.
Part b.
People who can pay for the 20% remaining cost of clothes will buy insurance clothing and those who can pay the premium. Moreover, the rich will over consume than the poor because they are the ones who will give more importance to good clothing.
Part c.
If a person spends $2000 on clothing the clothing, insurance cost will be more than $2000 because higher the probability of claim higher will be the premium charged by the insurance company.
Part d.
This is not a good idea by the Congress of country U because good clothing is something every person would like to have. Like in health insurance, people should be insured for big life threatening health issues and for minor health issues people should pay out of their pockets, because people take health insurance benefits for minor health issues since health is more or less free in the COUNTRY U. The high premium costs and high prices are completely ignored.
