FOOD;

What is the difference between the conditions of secured and unsecured loans?

jek_recluse [69]

Answer:

if you are approved for a secured loan, a lender will put a lien on an asset until the loan is paid off. An unsecured personal loan, by contrast, does not require any collateral. Examples of unsecured loans can include credit cards, student loans, unsecured personal loans, and unsecured personal lines of credit.

4 0

2 years ago

Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? check a

Schach [20]

paying higher wages increases worker turnover YOUR ANSWER


higher wages attract a more competent pool of workers YOUR ANSWER

the rest really do not apply.

6 0

3 years ago

What does limited liability mean?

shutvik [7]

It basically means that, if you are a shareholder of a certain business, you are only a liability up to the extent where your shares hold you to

4 0

4 years ago

Kubal Inc. applies overhead based on machine hours. Kubal reports the following for the year just ended: Budgeted overhead for t

Dmitry_Shevchenko [17]

Answer:

Under/over applied overhead= $21,000 overapplied

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 280,000/2,000

Predetermined manufacturing overhead rate= $140 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 140*2,400

Allocated MOH= $336,000

Finally, the under/over allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 305,000 - 336,000

Under/over applied overhead= $21,000 overapplied

5 0

3 years ago

List three pieces of information listed in a credit card agreement that you believe are important to review before signing up fo

expeople1 [14]

Explanation:

Annual Percentage Rate (APR). This is the cost of borrowing on the card, if you don’t pay the whole balance off each month. You can compare the APR for different cards which will help you to choose the cheapest. You should also compare other things about the cards, for example, fees, charges and incentives

Annual fee. Some cards charge a fee each year for use of the card. The fee is added to the amount due and you will have to pay interest on the fee as well as on your spending, unless you pay it in full.

Minimum repayment. If you don’t pay off the balance each month, you will be asked to repay a minimum amount. This is typically around 3% of the balance due.

3 0

3 years ago

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