Answer:
see below
Explanation:
Collateral refers to a valuable asset that a borrower offers to a lending institution to guarantee that they will repay the requested loan. Usually, collateral has a higher value than the loan amount. Collateral reduces the risk to the lender, which translates to lower interest rates.
Examples of assets that Pedro can use as collateral include.
1. Motor Vehicles
2. Properties such as land and Buildings
3. Machinery and equipment
4. Inventory
Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.
Answer:
$235,000
Explanation:
The computation of the goodwill amount attributed is shown below:
Common stock $1,660,000
Preferred stock $630,000
Non controlling interest in common stock $415,000
Non controlling interest in preferred stock $270,000
Fair value at acquisition date $2,975,000
Book value $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)
Goodwill $235,000
Answer:
B. $57
Explanation:
The computation of the opportunity cost of the theater shown below:
= Earning per hour × number of hours + cost of the theater ticket
= $9 × 3 hours + $30
= $27 + $30
= $57
To find the opportunity cost we considered the total earnings and the cost of the theater tickets so that the accurate cost of the theater could come.
