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Rus_ich [418]
3 years ago
6

Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses o

f $620,000; interest expense of $20,000; income taxes of $74,000; and preferred dividends of $30,000. What is Denver Systems' return on equity
Business
1 answer:
krok68 [10]3 years ago
4 0

Answer:

See

Explanation:

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Drew bought a computer for personal use from Hale Corp. for $3,000. Drew paid $2,000 in cash and signed a security agreement for
Svet_ta [14]

Answer:

Obtain a deficiency judgment against Drew for the amount owed.

Explanation:

Even though Hale repossessed the computer, it must still seek a deficiency judgment against Drew in order to recover the money owed. If Drew cannot pay his debt, he has the right to request Hale to sell the computer in order for Hale to recover the money owed.  

Repossession is one way that a lender can use to reclaim property that was put as collateral for a loan. For example, if you do not pay your car loan, the lender can simply repossess your car by taking it away without a court order. But the debtor still had the right to try to reclaim the property by paying the debt or agreeing on some type of payment procedure.

6 0
3 years ago
drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi
lesya [120]

  1. Travel and Entertainment Credit    -     Consumers use cards with no interest and non-revolving balance.
  2. Revolving Check Credit                 -      Consumers use prearranged loan using special checks.
  3. Closed-End Credit                          -       Consumers pay off dept and credit is automatically renewed.
  4. Revolving Credit                             -       Consumers take out a loan with a repayment date and have a specific purpose.

<h3>What is meant by Consumer Credit?</h3>

Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.

Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.

Installment credit is given for a predetermined time period and is utilized for a specified purpose.

Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.

To learn more about consumer credit from given link

brainly.com/question/14345325

#SPJ4

4 0
1 year ago
While terri cannot remember what she ate for lunch, she recalls a wide number of facts and is someone you always want on your te
harkovskaia [24]
If Terri an remember a wide range of facts it is most likely that she will remember what she ate for lunch. Also, it is true that with the mind that she has she will most likely be good at trivia games where her memory of many facts will help her to excel. 
3 0
3 years ago
Read 2 more answers
What is the main type of health care system does the united states currently have?
Fynjy0 [20]
A national health<span> insurance </span>system<span>, or single-payer </span>system<span>, in which a single government entity acts as the administrator to collect all </span>health care<span> fees, and pay out all </span>health care<span> costs. Medical services are publicly financed but not publicly provided. Canada, Denmark, Taiwan, and Sweden </span>have<span> single-payer </span>systems<span>.</span>
8 0
3 years ago
In which situation would it be better to use a credit card instead of cash?
bonufazy [111]
Computer, its a larger amount of money to pay so it would be best there

6 0
3 years ago
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