All categories

3 years ago

The pledging of property as security for payment of a loan without surrendering possession is

Business

1 answer:

raketka [301]3 years ago

6 0

I think it's "<span>hypothecation" but I'm not 100% sure.</span>

You might be interested in

Wilco LLC uses the weighted average method to determine equivalent units of production. Wilco LLC reported that in last quarter

Anika [276]

Answer:

the number of equivalent units for the production is 13,500 units

Explanation:

The computation of the number of equivalent units for the production is shown below:

Units completed and transferred is 10,000 units

Add Ending work in the process [7,000 × 0.50] 3,500 units

Total equivalent units 13,500 units

Hence, the number of equivalent units for the production is 13,500 units

The same is relevant

4 0

2 years ago

Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin

Goryan [66]

Ok thanks so much for your i i for a while and i is going there for the rest of

5 0

3 years ago

You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an apr of 6.6 percent fo

Margaret [11]

Answer: The monthly payment will be $2007.81.

We have:

Cost of the sports coupe (PV) $84,500

Annual Percentage Rate (APR) 6.6%

Loan tenure in months (n) 48

We can find the monthly payment by using the Present value of an annuity formula:

$\mathbf{PV_{Annuity}= PMT * \left ( \frac{1-(1+r)^{-n}}{r} \right )}$

Since APR is a yearly number, we need to convert it into a monthly rate.

So , $r = \frac{0.066}{12} = 0.0055$

Plugging values in the PV formula above we get,

$\mathbf{84500 = PMT * \left ( \frac{1-(1+0.0055)^{-48}}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{1-0.768529253}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{0.231470747}{0.0055} \right )}$

$\mathbf{84500 = PMT * 42.08559028}$

$\mathbf{\frac{84500}{42.08559028}= PMT}$

$\mathbf{PMT = 2007.813112}$

8 0

3 years ago

Compared to attending a technical school, completing a four-year college degree allows you to

Ivanshal [37]

Enter the workforce sooner

7 0

3 years ago

Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $206,000; Costs = $123,000; Other expe

EastWind [94]

Answer:

a. What is the 2018 operating cash flow?

$31,200 + $14,000 = $45,200

b. What is the 2018 cash flow to creditors?

-$13,100 - $3,100 = -$16,200 (it is negative since interests and principal were paid to creditors)

c. What is the 2018 cash flow to stockholders?

-$10,000 + $4,600 = -$5,400 (it is negative since more dividends were paid to stockholders than new equity raised)

d. If net fixed assets increased by $22,000 during the <em>year, what was the addition to NWC?</em>

net capital spending = depreciation + increase in fixed assets = $14,000 + $22,000 = $36,000

cash flow from assets = cash flow to creditors + cash flow to stockholders = -$16,200 - $5,400 = -$21,600

change in net working capital = operating cash flow + cash flow from assets - net capital spending = $45,200 - $21,600 - $36,000 = $12,400

Explanation:

net income = $206,000 - $123,000 - $7,900 - $14,000 - $13,100 - $16,800 = $31,200

8 0

3 years ago