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3 years ago

Determine the type of credit that involves a set limit based on what a consumer pays up front.

Business

1 answer:

Lilit [14]3 years ago

4 0

Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.

Examples of which are:

Land loan
Home construction loan
Home mortgage
Some equity loans
Home improvement loan
Automobile loan
Boat loans or RV loans specialty finance
Student loan
Personal loan
Vacation loan

I hope my answer has come to your help. Thank you for posting your question here in Brainly.

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What structure is one of the most common types because it separates the specialized knowledge of each functional area through ho

IceJOKER [234]

Answer:

Functional

Explanation:

In a functional structure, there is the common configuration that means the organization is to be allocated on the areas like as information technology, operations, marketing, etc

Also at the same time it distinct the specialized knowledge for each and every functional area via horizontal differentiation

Therefore it is a functional structure

7 0

3 years ago

The Optima Mutual Fund has an expected return of 20%, and a volatility of 20%. Optima claims that no other portfolio offers a hi

mel-nik [20]

Answer:

(a) 0.75

(b) 0.2

Explanation:

(a)Calculating Sharpe ratio-

Given-

Expected return = 20%,

Risk free rate of return = 5%,

Volatility = 20%

Sharpe ratio = (Mean portfolio return - Risk free return) ÷ Standard deviation of portfolio

Sharpe Ratio = (20% - 5%) ÷ 20%

= 0.75

(b) Given-

Standard deviation = 40%,

Portfolio return= 11%,

Risk free return will remain same as 5%

Sharpe Ratio of Ebay = (11% - 5%) ÷ 40%

Sharpe Ratio of Ebay = 0.15

Correlation of Ebay with Optima fund:

= Sharpe ratio of Ebay ÷ Sharpe ratio of Optima fund

= 0.15 ÷ 0.75

= 0.2

Sharpe ratio of Optima = 0.75

Correlation of Sub-Optima fund with Optima fund:

= Sharpe ratio of Sub-Optima fund ÷ Sharpe ratio of Optima fund

0.80 = Sharpe ratio of Sub-Optima fund ÷ 0.75

Sharpe ratio of Sub-Optima fund = 0.80 × 0.75

= 0.6

6 0

3 years ago

An electronics store runs very effective advertising to draw potential

rewona [7]

Answer:b

Explanation:

if you show that other companies profit from what you sell people would want to by the product

E.6.C

8 0

4 years ago

Read 2 more answers

The Clyde Corporation's variable expenses are 25% of sales. Clyde Corporation is contemplating an advertising campaign that will

ddd [48]

Answer:

Effect on income= $40,275 increase

Explanation:

Giving the following information:

The Clyde Corporation's variable expenses are 25% of sales.

Increase in fixed costs= $18,900

Increase on income= $78,900

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in contribution margin - increase in fixed costs

Effect on income= (78,900*0.75) - 18,900

Effect on income= $40,275 increase

3 0

3 years ago

The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as sp

allsm [11]

Correct/Complete Question:

The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as specifically set forth in the purchase agreement. For this reason, brokers require their salespeople to powerfully advise all buyers:

A. of their right to have a personal and professional inspection of the property they are purchasing.

B. purchase errors and omissions insurance for the buyer.

C. to spend at least one night in the house before purchasing.

D. Sign the "safe harbor provision."

Answer:

A. of their right to have a personal and professional inspection of the property they are purchasing.

Explanation:

In the sale of property, either land or house, it is important for salespersons to strongly let buyers know that they have the right to personally and professionally have the property inspected.

This is to avoid a situation where the buyer pays for the property then comes back to say something or some part of the property isn't what it is.

So by inspecting the property personally and professionally, the broker and salesperson are absolved of any issue that might arise from inspection.

Cheers.

8 0

3 years ago