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Leya [2.2K]
3 years ago
14

The difference between a secured loan and an unsecured loan is _____.

Business
2 answers:
PSYCHO15rus [73]3 years ago
5 0
D. a secured loan requires collateral and an unsecured loan does not
marta [7]3 years ago
3 0

The difference between a secured loan and an unsecured loan is a secured loan requires collateral and an unsecured loan does not. Correct answer: D

Secured loans are loans that are backed by an asset, like a house in the case of a mortgage loan or a car with an auto loan. An unsecured loan on the other hand is not tied to any of your assets and the lender can't automatically seize your property as payment for the loan.

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Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

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3 0
2 years ago
The following information applies to the questions displayed below) Serendipity Sound, Inc., manufactures and sells compact disc
OlgaM077 [116]

Answer:

  1. $25.50
  2. 90,000 units
  3. 140,000 units

Explanation:

1. Current contribution margin ratio

= (Selling price - Variable cost)/ Selling price

= (25 - 19.8) / 25

= 0.208

New Direct labor = 5.0 * ( 1 + 8%)

= $5.40

New variable cost = 19.8 + 0.4 = $20.20

To maintain 0.208

0.208 = (Selling price - 20.20) / Selling price

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= 468,000/5.2

= 90,000 units

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= (468,000 + 260,000) /5.2

= 140,000 units

6 0
3 years ago
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