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k0ka [10]
3 years ago
14

Howard's bank gave him a personal loan because they found him creditworthy. Which type of loan did Howard get?

Business
2 answers:
Andreyy893 years ago
7 0
The correct answer to this question is this one: "Secured Loan."
Howard's bank gave him a personal loan because they found him creditworthy. The type of loan that Howard should get is secured loan.
sweet-ann [11.9K]3 years ago
5 0

the correct answer to this is a

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When Olga asks Sven if he wishes to sell his Harley motorcycle, he replies that he would not sell it "for less than $2,000." Olg
klemol [59]

Answer:

The correct answer is B. False

Explanation:

Sven never agreed to selling his motorcycle at the spot, he only made a statement that should he intends to sell it later, he will not sell it lesser than $2000.

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3 years ago
Your sister has just been told that she will be given a $1,000 bonus next year. She is very eager to know its present value. So,
Stella [2.4K]

Answer:

discounting

hope it helps :0

3 0
3 years ago
Marlena acquired the following new assets during 2017:
Mila [183]

Answer:

(A) Half-year and (D) Half-year

Explanation:

MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month.  The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.

5 0
3 years ago
Suppose an investor is considering one of two investments that are identical in all respects except for risk. If the investor an
natali 33 [55]

Answer:

The correct answer is letter "B": pay less for the security that has higher risk.

Explanation:

While investing, risk is a measure of how an asset can fluctuate providing profits or incurring losses. Risk investment tends to be associated with volatility which is how sensitive the asset is to respond to events that can make the asset price skyrocket or drop sharply.

<em>In case an investor believes his strategy will provide a fair return, he must be considering the net profit (gross profit minus initial investment) will be high enough. Besides the initial investment should have been purchased at the lowest price possible and the asset bought must represent the security with the highest risk at the moment of the purchase.</em>

7 0
3 years ago
A division sold 230000 calculators during 2020: Sales $2300000 Variable costs: Materials $437000 Order processing 172500 Billing
lakkis [162]

Answer:

the unit contribution margin is 65%

Explanation:

Unit contribution margin = Contribution / Selling Price × 100

                                         =($2300000-$805000) / $2300000 × 100

                                         = $1,495,000 / $2,300,000 × 100

                                         = 65%

6 0
3 years ago
Read 2 more answers
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