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Alex_Xolod [135]
3 years ago
6

Roundwell motors purchases a manufacturing plant for​ $15 million, pays​ $5 million in cash as down​ payment, and borrows the re

maining​ $10 million from home providence bank. to secure the​ loan, roundwell gives the plant as collateral to home providence bank. if roundwell defaults on their​ payment, what is the recourse available to home providence to recover the​ loan?
Business
1 answer:
gregori [183]3 years ago
7 0
A mortgage is the resource available to home providence to recover the loan. 

A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay. 
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$100 a month because it will reduce the amount of debt owed

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3 years ago
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If a foreign country's consumers tend to only purchase products that are produced locally, the least effective strategy for a U.
Contact [7]

Answer:

develop a subsidiary (under the U.S. name) that manufactures and sells products in that country.

Explanation:

Among the given options the least effective otionis to develop a subsidiary in the country with the US company name and manufacture locally, in addition to manufacting locally the company can export to border countries. This will increase popularity of the product and enhance adoption.

Liscencin with a local firm will increase adoption of new product as consumers see the product as one from a local firm.

Finally the company can enter a joint venture in the country to also increase adoption as consumers perceive it is a local company.

3 0
3 years ago
1. Explain the characteristics of business.​
r-ruslan [8.4K]

work, hard work, employees,gain/profit

8 0
3 years ago
Please help!!
KonstantinChe [14]

Incomplete question. Answered from a general perspective.

<u>Explanation:</u>

The following two circumstances may warrant a professional response to an online post:

  • when the comment constitutes misleading/false information about the company.
  • the comment indicates a sincerely confused customer wanting to solve an issue or get answers to their query.

Guidelines:

  • Maintain formality in reply
  • Be polite in reply
  • Express appreciation for the feedback.
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5 0
3 years ago
These financial statement items are for Snyder Corporation at year-end, July 31, 2017. Salaries and wages payable $2,580 Salarie
tatiyna

Answer:

Net loss = (6,700)

Explanation:

According to the scenario, computation of the given data are as follow:-

Income Statement

Particular                                        Amount ($)

Revenue from Service                         62,100

Revenue from Rent                         8,500

Less-Salaries and wages expenses   (50,700)

Less-Utilities expenses                       (22,600)

Less-Depreciation expenses       (4,000)

Net loss                                               (6,700)

6 0
3 years ago
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