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umka2103 [35]
2 years ago
12

What is the term used to describe the reduction of the balance owed on a loan with each payment made over a period of time?

Business
1 answer:
jeyben [28]2 years ago
8 0

Answer:

The term used to describe the reduction of the balance owed on a loan with each payment made over a period of time is:

d. amortization.

Explanation:

Amortization of a loan is the gradual reduction of the balance owed on a loan because payments are being made over a period of time.  Each payment is, therefore, a reduction of the borrowed fund.  This gradual reduction through periodic payments is called amortization of the borrowed fund.  Loan amortization, therefore, implies the spreading out of the loan payments over time.  It is not the same as asset amortization, which is a kind of depreciation.

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Cumulative preferred stock carries the right to be paid both current and all prior periods' unpaid dividends before any dividend
alexgriva [62]

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Also in the event of liquidation they will be preferred before any common stock holders.

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3 years ago
After studying the differences between groups and teams, Devon realizes that she and the people she works with every day fall so
Anvisha [2.4K]

Answer:

a. semi-autonomous

Explanation:

Semi autonomous has a dictionary meaning that states being independent to some defined extent.

In the given instance also Devon thinks that her colleagues or coworkers are somewhere between the two categories, that is up to a certain extent they are really independent in their views. While on the other hand, at some situations their views depend on the things like views of coworkers.

Thus, using the term that the coworkers are semi autonomous is correct as to the concern they can exercise their own powers in half way.

4 0
3 years ago
Energy Unlimited, LP, is a limited partnership to which its partners, including Fink, have contributed capital. Energy's credito
fenix001 [56]

Answer: c. Grave first

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4 0
3 years ago
The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
Neko [114]

Answer:

35 times

Explanation:

The price-earnings ratio is the financial ratio that compares the market price of a share with its earnings in order to determine whether the share gives earnings that makes it a good buy.

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earnings per share=net income-dividends/average common stock outstanding

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price earnings ratio=$42/$1.2=35 times

8 0
3 years ago
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