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
Bonds that are backed solely by the general credit of the corporation issuing them are called _______ bonds.
babymother [125]
Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.
3 0
3 years ago
The amount of interest you will earn in one year from a savings account is the _____.
Vitek1552 [10]
The Y in APY means yearly, the answer is APY
3 0
3 years ago
Sam invests $5,000 of his own money in his new auto detailing business. He then obtains a loan and builds a small workshop in hi
ki77a [65]

Answer:

Assets= 15,000

Liabilities= 10,000

Owner's equity= 5,000

Explanation:

When he invests 5,000 of his own money that 5,000 is an asset as it is cash and the 10,000 he borrows is also an asset as it is cash. The liabilities are 10,000 as he has to pay 10,000 back and it is a loan so it is a liability also.

The owners equity is 5,000 as he invested 5,000 of his own money in the business and that is owners equity.

7 0
3 years ago
the market value of the equity of Ginger, Inc., is $710,000. The balance sheet shows $45,600 in cash and $227,800 in debt, while
KengaRu [80]

Answer:

3.34 times

Explanation:

Ginger incorporation has a market valu of equity of $710,000

The debt is $227,800

Cash is $45,600

EBIT is $102,800

The first step is to find the enterprise value

= market capitalization + debt -cash

= $710,000 +$227,800 - $45,600

= $937,800-$45,600

= $892,200

The EBITDA can be calculated as follows

= EBIT + depreciation and amortization

= $102,800 + $164,600

= $267,400

Therefore the enterprise value-EBITDA can be calculated as follows

= 892,200/267,400

= 3.34 times

7 0
3 years ago
F7 Balikan
Goshia [24]

Answer:

1. Ang mga mamamayan ay maaaring lumahok sa kalahok na demokratikong gobyerno sa pamamagitan ng dalawang paraan pangunahin

a) Sa pamamagitan ng pagboto kung saan pipiliin nila ang kanilang kandidato

b) Sa pamamagitan ng paglapit sa mga nahalal na kandidato na may mga mungkahi

2. Sa aking Barangay, ang mga mamamayan ay aktibong lumahok sa pagboto

3. Ang promosyon ng pakikilahok ng mamamayan ay lalong nagpatibay ng kumpiyansa ng mga tao sa kanilang napiling kandidato dahil nais ng kandidato na aktibong lumahok sila.

Explanation:

1. Ang mga mamamayan ay maaaring lumahok sa kalahok na demokratikong gobyerno sa pamamagitan ng dalawang paraan pangunahin

a) Sa pamamagitan ng pagboto kung saan pipiliin nila ang kanilang kandidato

b) Sa pamamagitan ng paglapit sa mga nahalal na kandidato na may mga mungkahi

2. Sa aking Barangay, ang mga mamamayan ay aktibong lumahok sa pagboto

3. Ang promosyon ng pakikilahok ng mamamayan ay lalong nagpatibay ng kumpiyansa ng mga tao sa kanilang napiling kandidato dahil nais ng kandidato na aktibong lumahok sila.

8 0
2 years ago
Other questions:
  • Five-year-old lilah is beginning to show signs of being able to plan ahead in a somewhat rational manner. at her age, this devel
    11·1 answer
  • people who enjoy working with their hands might enjoy a career as a/an A.travel agent B.teacher C.accountant D. chef?
    11·2 answers
  • _____________ architecture utilizes processes of designing, construction, operation, maintenance, and removal that have been car
    13·1 answer
  • At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts:
    14·1 answer
  • A shopper infers that a product must be of high quality because the manufacturer has been in business a long time. Which heurist
    12·1 answer
  • A portfolio analysis involves:________
    11·1 answer
  • The costs of lead contamination have been estimated to be $1 billion for medical care of those sickened by lead, plumbing repair
    15·1 answer
  • Over a​ five-year span, the Acme Company reduced the amount of labor it hired. At the same​ time, the marginal productivity of l
    9·1 answer
  • A couple listed their home for $237,000. They accepted an offer of $230,000 from a buyer who is obtaining financing with a $46,0
    10·1 answer
  • Which describes a small group of firms that control a particular market for goods,
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!