1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jobisdone [24]
3 years ago
5

Raul needed an expensive piece of equipment to expand his business. He borrowed the money from the bank and pledged the equipmen

t as ___________. If Raul does not repay the loan, the bank can take his equipment.
Business
1 answer:
MatroZZZ [7]3 years ago
5 0

Answer:

Collateral

Explanation:

The property or asset that a bank accepts as security for advancing credit is called collateral. The borrower offers collateral as an assurance to the lender that they will repay the loan.  If the borrower fails in repaying the loan, the bank or lender may seize the asset offered as collateral. The lender will sell it to recover part or all his losses.

In the case of Raul, the expensive equipment is the collateral. Should he not pay back the loan, the bank will sell the equipment to recover its money. Collateral does not have to be a physical asset, financial assets such as investment portfolio accounts, or savings accounts can be used as security.

You might be interested in
Why do people use impression management?
Jlenok [28]

Answer:

Letter B is correct. They are sensitive about how others see them.

Explanation:

Impression management is a psychological and sociological technique that people consciously or unconsciously use to make a predetermined impression of themselves in a self-presentation. This technique is used to influence one person's perception of another, behaviors are predetermined, information about oneself can be omitted or maximized to achieve the goal of controlling and impressing a social interaction.

3 0
3 years ago
An electronics firm sells four models of stereo receivers, three amplifiers, and six speaker brands. When the three types of com
aleksklad [387]

Answer:

3

Explanation:

Given that a system is formed when the three types of components are sold together, the different systems the electronics firm can offer will be limited to the least number available from any of the components that make up a system.

As such, given that the electronics firm sells four models of stereo receivers, three amplifiers, and six speaker brands. The least number of a component of the system available is 3, being the number of amplifiers.

Therefore, the firm can only sell 3 different systems.

5 0
3 years ago
Your manufacturing requires parts to go sequentially through process A, B, and C. A machine can do process A in 1
Nimfa-mama [501]

Answer:

Process B

Explanation:

Got it right

3 0
3 years ago
Analyse the impact of an enterprise using break even analysis to make business decisions
AleksandrR [38]

Answer:

Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.

7 0
3 years ago
Influenced by a firm’s ability to make interest payments and pay back its debt, if all else is equal, creditors would prefer to
DochEvi [55]

Answer:

The correct answer is: high.

Explanation:

In economics, interest rate is the amount paid in a unit of time for each unit of capital invested. It can also be said that it is the interest of a unit of currency in a unit of time or the performance of the unit of capital in the unit of time.

Interest rates are applied in different ways, for different periods of time, so it is important that you know what type of fee they are charging you. Also if interest will be paid at the beginning or end of the loan.

The most used interest rates are the nominal interest rate and the effective or equivalent annual interest rate.

Nominal interest rate:

This rate is simple interest, and corresponds to the percentage that will be added to the initial capital as compensation for a certain period of time, which does not necessarily have to be one year.

Effective annual interest rate:

It is also known as the equivalent annual interest rate, it is a compound interest rate, including the nominal interest rate, bank charges and fees, and the term of the operation. This rate addresses the full compensation the financial entity receives for lending us the money.

8 0
3 years ago
Other questions:
  • Which of the following statements is NOT​ true?
    13·1 answer
  • which statement is true? A. People throughout history have used only currency notes for financial transactions. B. The Reserve B
    11·1 answer
  • The following data has been provided for a compan most recent year of operations:
    11·1 answer
  • International________can lead to better quality goods due to increased competition.
    12·2 answers
  • tulip Co. owns 100% of Daisy Co.'s outstanding common stock. Tulip's cost of goods sold for the year totals $600,000, and Daisy'
    12·2 answers
  • The most important, most convenient, and most flexible way in which the Federal Reserve affects the supply of bank reserves is t
    12·1 answer
  • do ppl really stay on here the whole night ppl never stop asking questions? i got over a hundred questions
    14·2 answers
  • The winner of a state lottery will receive​ $5,000 per week for the rest of her life. If the​ winner's interest rate is​ 6.5% pe
    12·1 answer
  • What is the purpose of Lincoln Douglas?<br><br> Tysm have a great day! :)
    14·1 answer
  • Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The comm
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!