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In-s [12.5K]
3 years ago
7

What is a collateral

Business
2 answers:
Vlad [161]3 years ago
7 0

NOUN

something pledged as security for repayment of a loan, to be forfeited in the event of a default

ADJECTIVE

additional but subordinate; secondary.

True [87]3 years ago
4 0

Answer:

Security for the repayment of the loan.

Explanation:

Collateral is simply called the security that is held by the lender to the person who takes the loan for they risk free payment of the loan back. In simple words, we can say that a collateral is something which is held as a guarantee by the lender till the payment of loan that he gave to an individual or the company. For example people usually put their Houses, plots, shops, their jewelry,  etc, as a collateral in order to get loan from banks or other financial institutions. This collateral servers as a guarantee from the person who is taking the loan. If the person fails to give back the loan, the bank or financial institution will be liable to sell this collateral and get their loan back.

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Holly's ham, inc. sells hams during the major holiday seasons. during the current year 11,000 hams were sold resulting in $220,0
lutik1710 [3]
To find: Breakeven point (in units)  
Given: Number of hams sold = 11000
 Sales revenue = $220,000 
 Variable cost = $55,000
 Fixed cost = $24,000 
 Solution: Break-even point (in units) can be calculated as:-
  Fixed costs / (sales price per unit-variable costs per unit) 
 Fixed costs = $24,000
 Sales price per unit = total sales revenue/number of units = 220000/11000 =
$20
 Variable costs per unit = total variable cost/number of units = 55000/11000 = $5 
 Putting values in the formula, 
 =24000 / (20-5)
 =24000/15
 =1600 
 Breakeven point (in units) = 1600 units
7 0
3 years ago
Kimball’s Vintage Hats is an online-only business selling unique and affordable replicas of vintage designer hats. The business
Citrus2011 [14]

Answer:

SWOT analysis

Explanation:

SWOT analysis -

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The method is useful for the betterment of the organization or company .

Hence , from the given scenario of the question,

The correct term is  SWOT analysis .

6 0
3 years ago
Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company
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<span>Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.</span>
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Dafna11 [192]

Answer:

c. future data

Explanation:

Based on the scenario being described within the question it can be said that the data type that Donna is primarily using is known as future data. This data type refers to data that allows you to make decision regarding future outcomes or actions that you would otherwise only be able to make at that moment. Such as in this case since Donna is able to decide to eliminate room discounts on all remaining rooms because she has the data needed to know that she most likely hit her quota of profit.

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3 years ago
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The supply chain area that is responsible for determining what to buy, how much to buy, and how to manage the suppliers is known
trapecia [35]

Answer:

Procurement

Explanation:

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<u>The supply chain generally refers to the processes and resources involved in the supply of products or services to the final consumers.  It includes procurement, planning, and logistics.</u>

<em>The procurement has to the with the purchase of materials. It includes the quantity of materials to buy and at what price as well as how to manage relationships with suppliers for the benefit of the firm.  Planning has to do with synchronizing the supply of material with production in relation to the demand for the final product while logistic has to do with optimizing the delivery process to minimize cost and time. </em>

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3 years ago
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