1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Georgia [21]
3 years ago
7

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.

You might be interested in
Please describe an effective leadership style
Lostsunrise [7]

Explanation:

noluyo anlamıyom ya döyler misiniz

8 0
3 years ago
what circumstances could impact a business ability to share their profits with non profit organizations​
Juli2301 [7.4K]

A non- profit organisation cannot gain profit from the business.

Explanation:

In case of non profit organisation the main aim is to help with health care as well as education. Non- profit organisation is important because it helps in building healthy communities and it also helps in maintaining mobility and stability.They help in strengthening communities as well as non profit leader acted as people's voice.

The circumstances that impact a business ability to share their profits with non profit organisations are the non profit organisation acts as a pulse for the community, non profit organisation helps to develop corporate culture, the volunteers grow as organisation grows.

8 0
4 years ago
Midwest Corporation has provided the following data concerning manufacturing overhead for 2020: Estimated manufacturing overhead
Firlakuza [10]

Answer:

$18,000

Explanation:

The computation of the amount of manufacturing overhead is shown below:

But before that first determine the overhead rate which is

= $30,000 ÷ 2,000

= $15

Now the amount of manufacturing overhead applied for Job A-101 is

= $1,200 × $15

= $18,000

Hence, the amount of applied manufacturing overhead is $18,000

5 0
4 years ago
What is a stock index
hichkok12 [17]

Answer:the answer is a market index is a measurement of sections of the stock market

Explanation:

It is computed from the price of selection stock it is a tool used by investors and financial managers to describe the market and to compare the return on specific Investments

4 0
3 years ago
Read 2 more answers
You are given the following information on Kaleb's Welding Supply: Profit margin 6.9 % Capital intensity ratio .78 Debt–equity r
Tatiana [17]

Answer:

0.1563946140 or 15.64%

Explanation:

The computation of the sustainable growth rate is shown below:

But before that we need to do the following calculations

As we know that

Profit margin = net income ÷ Sales

So,

0.069 = $86,000 ÷ Sales

Sales = $1,246,376.81159

Now

Capital intensity ratio = Total assets ÷ Sales

Total assets is

= $1,246,376.81159 × 0.78

= $972,173.91304

And,

Debt - Equity ratio = Debt ÷ Equity = 0.9

Now, if debt is 0.9, and equity is 1, Thereforetotal assets is 1.9 (0.9 + 1).

So,

Equity = Total assets x 1 ÷ 1.9

= $972,173.91304 ÷ 1.9

= $511,670.480547

And,  

Return on Equity (ROE) = Net income ÷ Equity

= $86,000 ÷ $511,670.480547

= 0.16807692307 or 16.807692307%

And,

Dividend payout ratio = Dividend ÷ net income

= $16,800 ÷ $86,000

= 0.1953488372

Now  

Retention ratio (b) = 1 - dividend payout

= 1 - 0.1953488372

= 0.8046511628

So,  

Sustainable growth rate (SGR) = (ROE x b) ÷ [ 1 - (ROE × b) ]

= (0.16807692307% × 0.8046511628) ÷ [ 1 - (0.16807692307% × 0.8046511628) ]

= 0.1563946140 or 15.64%

6 0
3 years ago
Other questions:
  • The Herman Company uses a joint process to produce products W, X, Y and Z. Each product may be sold at its split-off point or pr
    7·1 answer
  • Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was plac
    5·1 answer
  • An economy produces apples (in kilos) and computers (in units). The quantities of apples in years 2008, 2009 and 2010 are 500, 5
    9·1 answer
  • Why do you need to think about career, educational, financial, and public service goals when picking a career?
    10·2 answers
  • Two months ago, Air-tite Corporation purchased 4,500 pounds of Hydrol, paying $15,300. The demand for this product has been very
    8·1 answer
  • Exchanged all of the securities for shares of preferred stock, which were not mandatorily redeemable. Market values at the date
    14·1 answer
  • Brainstorming helps coworkers
    11·1 answer
  • A company has a fiscal year-end of December 31: (1) on October 1, $32,000 was paid for a one-year fire insurance policy; (2) on
    10·1 answer
  • References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents
    8·1 answer
  • The cpi was 220 in 2012 and 231 in 2013. phil borrowed money in 2012 and repaid the loan in 2013. if the nominal interest rate o
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!