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Leya [2.2K]
2 years ago
15

When can a bank repossess someone's car?

Business
2 answers:
WITCHER [35]2 years ago
8 0
A is the answer hope this helps
Marysya12 [62]2 years ago
6 0

Answer:

A. when the owner defaults on the loan payment

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A loss on disposal of a plant asset is reported in the financial statements as a direct increase to the capital account on the b
luda_lava [24]

Answer:

in the Other Expenses and Losses section of the income statement.

Explanation:

Firstly, A loss on disposal of a plant asset is an expense.

therefore,

A loss on disposal of a plant asset is reported in the financial statements in the Other Expenses and Losses section of the income statement.

8 0
3 years ago
Companies place a considerable amount of attention on compensation plans because?
marusya05 [52]

Parties place a considerable amount of attention on compensation plans because: Attracting exemplary employees with good compensation packets can translate into a competitive edge.

<h3>What is the importance of compensation and benefits?</h3>

Compensations and benefits are important elements of human resource management as it helps the force keep going. These compensations support the workforce inspired to achieve more. It helps the community award its employees established on their performance and allows them to excel at every venture they undertake. When employees are a part of a team their compensation should be: founded on team performance, with supplemental rewards for those workers who make outstanding personal assistance.

To learn more about Compensations and benefits visit the link

brainly.com/question/17663670

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8 0
2 years ago
Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $4 trillion while raising only $3 trillion
Nady [450]

Answer:

$40 billion

Explanation:

Data provided in the question:

Amount spend by government = $4 trillion

Amount raised by Taxes = $3 trillion

Interest rate = 4%

Now,

The bonds to be raised by the government

= Amount spend by government - Amount raised by Taxes

= $4 trillion - $3 trillion

= $1 trillion

or

= $1000 billion

Therefore,

The interest paid by the government each year

= Amount of bonds × Interest rate

= $1000 billion × 0.04

= $40 billion

6 0
3 years ago
The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price i
viva [34]

Answer:

stock price is below $50

Explanation:

given data

price of a stock = $64

strike price =  $60

option price = $10

solution

we know here that stock sell for $60 and pay for $10

so that here price of stock is

stock price = $60 - $ 10

stock price = $50

and net profit will be

net profit = $10 - $10

net profit = 0

so that we can say stock price is less than $50 for trader for making profit 0 or greater than 0.

so price will be below than $50

6 0
3 years ago
Students may elect to take the knowledge test online or at a license office. What additional test must be taken at the licensing
Alona [7]
In applying for a driver's license, students may elect to take the knowledge test online or a a license office. This written type of test. The students also need to take the <em>skill test or the drive test, </em><em />after passing the knowledge test. 
6 0
4 years ago
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