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AnnyKZ [126]
3 years ago
14

What are some possible explanations for why these loans are popular despite the fact that they create a cycle of debt for many b

orrowers?
Business
2 answers:
zheka24 [161]3 years ago
6 0

Answer:

shiii i dont know

Explanation:

AysviL [449]3 years ago
4 0
The loan that created a habit was the $55 fee when asking for an extension . Some possible explanations for this cycle is when a borrower would rather pay $55 than what we're asking.
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Which of the following is true about the correlation between salary and job satisfaction? a. Financial perks and benefits always
Sindrei [870]
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
4 0
3 years ago
Read 2 more answers
Say that our company has treated you unfairly and dishonest which of the following options could help resolve the issue
dsp73
Speak to their corporate consumer department.
6 0
3 years ago
Riggs Company purchases sails and produces sailboats. It currently produces 1,200 sailboats per year, operating at normal capaci
faltersainse [42]

Answer:

It is more convenient to produce the sails in house.

Explanation:

Giving the following information:

Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.

Because there will not be an increase in fixed costs, we will not have them into account.

Variable overhead= 90 - (78,000/1,200)= 25

Unitary variable cost= 100 + 80 + 25= 205

It is more convenient to produce the sails in house.

8 0
3 years ago
Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary.
SIZIF [17.4K]

I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.

A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.

A money market is also an method of investing in short term market and guarantees high interest rate on deposit.

Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

Learn more about this here

<em>brainly.com/question/18050668</em>

3 0
3 years ago
Gilberto Company currently manufactures 65,000 units per year of one of its crucial parts. Variable costs are $1.95 per unit, fi
pashok25 [27]

Answer:

Explanation:

                  cost of making in-house

Variable cost  = 1.95 * 65,000 = 126,750

Related fixed cost =                      75,000

Unavoidable fixed cost=               62,000

Total cost of manufacturing =      263,750.

                         cost of buying

Unit cost = 3.25*65,000 =            211,250

Unavoidable fixed cost =               62,000

Total cost of buying =                     273,250   .

Cost of buying is higher than the cost of making  

Incremental cost  buying = 273,250-263,250 = 9,500    

<u>Recommendation</u>        

Gilberto should manufacture in - house instead of buying.

4 0
3 years ago
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