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xxTIMURxx [149]
3 years ago
8

What do you do if your lender rejects your loan application

Business
1 answer:
Dima020 [189]3 years ago
8 0

Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.

Explanation:

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Reiko started a business selling home medical supplies. She spent $5200 to obtain her merchandise, and it costs her $550 per wee
ratelena [41]

Answer:

it will take around 15 weeks to for Reiko to make a profit

Explanation:

Given:

Amount spent to obtain merchandise = $5,200

Cost of general expenses = $550

Earnings from sales per week = $900

Now,

Let 'x' be the number of weeks taken to make profit

thus,

Total cost involved = $5,200 + ( $550 × x )

Total profit from sales = $900 × x

for making profit

$900 × x ≥ $5,200 + ( $550 × x )

or

350x ≥ 5,200

or

x ≥ 14.85 weeks

thus,

it will take around 15 weeks to for Reiko to make a profit

7 0
4 years ago
Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequent
igor_vitrenko [27]

Answer:

Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequently sells the stock to the third party for $34,000.

Ridge’s recognized gain or (loss) is ($ 1,000).

Explanation:

The formula for calculating recognized Gain/[loss] is expressed below:

Recognized Gain/[loss] = Sales Price - Fair Market Value at the time of purchase from Brittany

Recognized Gain/[loss] = $ 34,000 - $ 35,000 = [$ 1,000]

Based on the calculation above, Ridge’s recognized gain or (loss) is ($ 1,000).

5 0
4 years ago
⦁ a local drama company proposes a new neighborhood theater in san francisco. before approving the permit, the city planner comp
aleksandrvk [35]
<span>This is a negative externality. Since the cost of the traffic being in the community is not being borne by the theatre company itself, it is negative. The community as a whole is having to pay for the extra $5 in costs that will be accrued as a result of selling each ticket.</span>
3 0
3 years ago
Industrial tools owes you $38,600. this amount is seriously delinquent so you have offered to accept weekly payments for one yea
lesantik [10]
The problem could be solved by using the future value (FV) formula: FV = PV × (1 + r)ⁿ, where;
PV = Present value
r = interest rate
n period

So, substituting the formula with the value:

FV = $38,600 × (1 + (.03÷52))⁵²
     ≈ $39,775.20

Note that the interest is divided by 52 since it has to be compounded weekly.

So, the weekly payment will amount to $764.91 ($39,775.20÷52).
3 0
3 years ago
While testifying on the stand in his breach of contract suit, constantine admitted that he sold land to felipe. this is known as
Tpy6a [65]

Answer: Admission

Explanation:

6 0
2 years ago
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