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3 years ago

As a current or future business owner, entrepreneurs need to be able to assess collateral in order to secure a possible

Business

1 answer:

amm18123 years ago

3 0

Answer:

True

Explanation:

Collateral is an asset used as a guarantee or security for the payment of a loan. It assures the lender that a borrower will pay back the loan.

If an entrepreneur applies for a business loan, the bank will most likely demand collateral. The entrepreneur will need to offer an asset, either property or motor vehicle, that will act as a guarantee for the loan. Should the entrepreneur fail in repayment, the bank can sell the asset to recover their money.

Few, if any, will lend anyone money based on a business idea alone. Many banks will demand a business proposal to be backed with some guarantee to secure funding.

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Marginalâ€‹ cost-benefit analysis and the goal of the firmâ€ƒâ€ƒâ€ƒKenâ€‹ Allen, capital budgeting analyst for Ballyâ€‹Gears, In

mafiozo [28]

Answer:

a.The marginal (added) benefits of the proposed new robotics.

$195,000

b. The marginal (added) cost of the proposed new robotics.

-$227,200

c. The net benefit of the proposed new robotics.

loss = -$32,200

d. What should Ken recommend that the company do? Why?

Based only on this analysis, the company should keep the old robotics. The new robotics are too expensive and do not generate enough benefits.

e. What factors besides the costs and benefits should be considered before the final decision is made?

increases in efficiency and reductions in manufacturing time.

Explanation:

Marginal cost benefit analysis refers to analyzing the additional benefits of a new project or activity compared to the benefits generated by an alternative project or activity.

In this case, both alternative should be evaluated as follows:

alternative 1 alternative 2 marginal

keep robotics change robotics benefits

revenue (in $446,000 $568,000 $122,000

today's $)

required invest. $0 -$227,200 -$227,200

old robotics $0 $73,000 $73,000

<u>sales value </u>

marginal benefits / losses -$32,200

6 0

3 years ago

If you have a low credit score, lenders are more likely to give you what type of interest rate? A. A low interest rate B. A high

alisha [4.7K]

Answer:

B) A high interest rate.

Explanation:

A low credit score means a bad credit score. Meaning you are not that reliable in paying your credit back. If you were reliable, they would make it easy for you and give you a low interest rate. However, your credit score says otherwise so they will give you a high interest rate since you are a higher risk.

8 0

3 years ago

When managers make the most appropriate decision in light of what they believe to be the most desirable consequences for the com

ikadub [295]

Answer:

optimum

Explanation:

An optimum decision as defined in the question can be defined as the most appropriate decision taken by a manager in the light of what they to be the most desirable consequences for the company.

This simply means that when an event or occurrence takes place in a company, the managers have the responsibility to take the best decisions for the company. The best decision is therefore called the optimum decision; that is the highest level of decision that solves the problem with the smallest of consequences.

Cheers.

4 0

3 years ago

Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of

Liula [17]

Answer:

manufacturing organization

Explanation:

This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.

5 0

3 years ago

Hello? kingston? are you there?

sineoko [7]

Yes ma’am what can I do for you

5 0

3 years ago