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3 years ago

If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?

2 answers:

7 0

The correct answer among all the other choices is "Contact your lender." If you are falling behind on your student loan payments, this is the step you should take to avoid default. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.

Alina [70]3 years ago

6 0

If you are falling behind on your student loan payments, Contact your lender should you take to avoid default.

Further Explanation:

lender do:

The job of a home loan moneylender is to loan cash for purchasing property. The moneylenders can be banks, credit associations or private individuals. They don't loan individuals cash yet rather secure or purchase contracts from home loan moneylenders, in this way renewing their income and empowering them to keep on giving advances to other people.

Transfer your balance to a credit card:

An equalization move is the point at which you pay off the parities on existing Visas or advances by moving them to another charge card account. (Sometimes, you might be charged an expense to finish the equalization move regularly a level of the exchange balance. Progressively about that later.

Filing for bankruptcy:

Filing for bankruptcy protection is a lawful procedure that either diminishes, rebuilds or disposes of your obligations. Petitioning for financial protection with a court is the initial step. You can fileon your own or you can document with an attorney.Bankruptcy expenses incorporate lawyer charges and filingfees.

You cannot default on student loans:

In the event that you don't make any installments on your government understudy advances for 270-360 days and don't make uncommon game plans with your moneylender to get a delay or restraint, your advances will be in default. Note that understudy advances are presently commonly not dischargeable through insolvency.

Subject: business

Level: college

Keywords: lender do, Transfer your balance to a credit card, Filing for bankruptcy, You cannot default on student loans.

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Zurasky Corporation is considering two alternatives: A and B. Costs associated with the alternatives are listed below: Alternati

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Answer:

Differential cost of Alternative B over Alternative A=$61,600

Explanation:

Differential Cost:

It is the difference in costs if there are more than one alternatives and one alternative is chosen while rejecting the other alternatives.

In order to calculate the differential cost of Alternative B over Alternative A, including all of the relevant costs we first calculate the total cost of both alternatives and then tae the difference.

Total Of Alternative A=Material Cost+Processing Cost+Equipment Rental+occupancy costs.

Total Of Alternative A=$28000+$34000+$11000+$19500=$92,500

Total Of Alternative B=Material Cost+Processing Cost+Equipment Rental+occupancy costs.

Total Of Alternative B=$64000+$34000+$28500+$27600=$154,100

Differential cost of Alternative B over Alternative A=Total Of Alternative B-Total Of Alternative A

Differential cost of Alternative B over Alternative A=$154,100-$92,500

Differential cost of Alternative B over Alternative A=$61,600

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3 years ago

On June 1, Norma Company signed a 12-month lease for warehouse space. The lease requires monthly rent of $550, with 4 months pai

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Answer:

Balance = $1,650

Explanation:

As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows

Adjusting entry at the end of June would be

DEBIT CREDIT

Entry

Rent Expense $550

Prepaid Rent $550

The balance on Norma's prepaid expense would be

Prepaid Rent = $2200

Rent Expense = ($550)

Balance = $1,650

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3 years ago

The distribution of a percentage of a firm's profits among its employees is called?

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Employee Benefit refers to the division of a company's profits among its workers.

Employee perks, also known as fringe benefits, perquisites, or perks, refer to various forms of non-wage remuneration given to employees in addition to their regular earnings or salaries. Employee perks, particularly in British English, also refer to rewards in kind.

Salary packaging or salary exchange arrangements are situations where an employee trades in (cash) compensation for another type of perk. The majority of employee benefits are at least partially taxable in most nations. Housing (provided by the employer or paid for by the employer), furnished or not, with or without utilities free, group insurance (health, dental, life, etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, and paid vacation are some examples of these benefits.

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2 years ago

The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers

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Answer:

Explanation:

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3 years ago

Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha

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These arise out of the <u>legal</u> environment of business.

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The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

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3 years ago