All categories

3 years ago

What is a loan? 100 points

Business

2 answers:

Elden [556K]3 years ago

7 0

Answer:

Hii

Explanation:

A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest. Loan terms are agreed to by each party before any money is advanced. A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.

Hope it helps :)

levacccp [35]3 years ago

4 0

Loan simply means borrowing from someone .

In technical language it is given by a bank with simple interest.
Like I loaned 3400$ from XYZ bank .

You might be interested in

Harold Manufacturing produces denim clothing. This year, it produced 5,260 denim jackets at a manufacturing cost of $42 each. Th

Mice21 [21]

Answer:

Incremental net income = $42,080

Explanation:

Note the the income would be that which result from the alternative action with the highest net income Note that the manufacturing cost of $12 per unit is not relevant for the purpose of this decision and hence would not form part of the analysis

Option one: Outright sale

Sales from disposal = 5,260× 8 42,080

Option 2: disassembling

Revenue $12 × 5,260 = 63120

Cost of disassembling ( 31,800)

Net income 31,320

Option 3: Reworking

Sales revenue ($45.00× 3,050) 137250

Cost of reworking (102,200)

Net income 35,050

The outright option gives the highest net income hence should be considered.

Incremental net income = $42,080

7 0

3 years ago

The Changing Workforce The composition of the modern labor force is changing rapidly. Increasing diversity in race, ethnicity, a

Ipatiy [6.2K]

Answer:

e. more women are in the paid labor force than in the past

Explanation:

The labor force is also known as the work force. It is defined as the labor pool that is either in the employment or the unemployed. It generally describes those people who are working for an organization.

The workforce today is changing and is different from the early days. The modern labor force is rapidly changing. There is a huge challenge for the HR professionals as there is increase in the diversity of race, gender, ethnicity , age distribution and the requirement of skills. Now-a-days more and more women are engaged in the paid labor force as compared to the early days. More women are learned and skilled and work under a paid labor force. They have shown success in many fields and are sometimes better performer than men.

Thus now more women are in the paid labor force when compared to the past.

6 0

3 years ago

A firm offers terms of 1.6/10, net 60. a. What effective annual interest rate does the firm earn when a customer does not take t

leva [86]

Answer:

case 1: 12.49%

case 2: 21.20%

case 3: 9.48%

case 4: 13.98%

Explanation:

the rate stands for the period between the last day of the discount and the last day the invoice can be cancelled at nominal.

we equalize this with a rate which capitalize annually and solve for this rate:

$(1+discount)^{(net-d_t)/365} =1+r_e\\ r_e = \sqrt[(net-d_t)/365]{1+discount}$

case 1:

$r_e = \sqrt[(60-10)/365]{1+0.016}$

re = 0.1249 = 12.49%

case 2:

$r_e = \sqrt[(60-10)/365]{1+0.026}$

re = 0.2120 = 21.20%

case 3:

$r_e = \sqrt[(75-10)/365]{1+0.016}$

re = 0.0948 = 9.48%

case 4:

$r_e = \sqrt[(60-15)/365]{1+0.016}$

re = 0.13977 = 13.98%

3 0

3 years ago

Suusssssysysysyysysysys boi amugus

Thepotemich [5.8K]

Answer:

ur mom

im a free man in a free town in a country and a free world

8 0

3 years ago

Which of the following is NOT one of the components of a firm's business model?

Kruka [31]

Answer: the industry competitors

Explanation:

A business model simply refers to the strategy that a company will use in making profit and achieving its goals.

The components of the business model of a company include the strategic resources, core strategy, partnership network, and the customer interface.

It should be noted that the industry competitors isn't among the components.

8 0

3 years ago