The best way people can use their Personal loans is to buy or pay for groceries. As there are other separate loans for the things like car, home and pay for college.
<h3>what is a personal loan?</h3>
A loan is issued for non-essential purposes, usually to a person with a good credit score who is not required to submit collateral to back up the loan.
A personal loan can be utilized for practically any reason, including settling credit card debt, home upgrades, and large purchases.
Thus option D is correct.
For further details about the personal loan refer to this link:
brainly.com/question/19106746
Answer:
Hence, the annual operating cash flow is: $44860
Explanation:
Year 0 Year 1
Initital investment
Inflows $253,100
variable costs ($140,000)
fixed cost (53800)
Depreciton ($23,200)
Interest expense ($19,500)
Net cash inflows $16600
Tax at 40% ($6640)
Net Cashinflows after tax $9960
Add Depreciation $23,200
Interest net of tax $11.700
Operating cashflows $44860
Hence, the annual operating cash flow is: $44860
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