Loans backed up with assets that the lender can claim in case of default, such as a piece of property, are known as secured loans. In a secured loan arrangement, the borrower pledges collateral, which can be an asset of value, to the lender as security for the loan. The collateral serves as a form of protection for the lender, providing assurance that they can recover their funds by selling the asset if the borrower fails to repay the loan as agreed.
The use of collateral in secured loans reduces the risk for lenders, as they have a legal claim to the pledged asset in case of default. This collateral acts as a form of security for the lender, as it provides a tangible asset that can be sold to recover the outstanding loan amount. Common examples of assets used as collateral in secured loans include real estate properties, vehicles, equipment, or valuable possessions.
By securing the loan with collateral, lenders have a higher level of confidence in providing funds to borrowers, as they have a means to recoup their investment even if the borrower defaults. This reduced risk for the lender often translates into more favorable terms and lower interest rates for the borrower. It is important for borrowers to carefully consider the implications of securing a loan with collateral, as failure to repay the loan can result in the loss of the pledged asset.
Overall, secured loans provide a way for borrowers to access financing by leveraging their assets, while giving lenders the reassurance of having a claim on the collateral in case of default. This type of loan arrangement offers benefits for both parties involved and is commonly used in various lending scenarios, such as mortgages, auto loans, or business loans.
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Denver, incorporated, has sales of $28 million, total assets of $26.5 million, and total
debt of $7.3 million. assume the profit margin is 7 percent.
a. what is the company's net income? (do not round intermediate calculations and
enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
b. what is the company's roa? (do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. what is the company's roe? (do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. net income
$
2
b. roa
c. roe
st
%
%
When a company has a high financial leverage and a high hazard level, it has assumed a lot of risk.
What does "sales" signify in business?Sales in general company operations refer to any exchanges of money or value for the right to own an item or get a service. Sales, in the context of accounting, refers to the income generated by a corporation via the sale of either goods or services (net sales).
By sales, what do you mean?Describe sales. A sale is a transaction that involves exchanging products or services for a certain sum of money. In other sense, any action that entails giving the buyer ownership of a thing or commodity in return for a
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What are the similarities and differences in the purchasing
functions at a for profit versus a not for profit organization?
Explanation:
I hope this answer is helpful ):explain socialism, capitalism and mixed economy with their features advantages and disadvantages
Municipal bonds are issued by what?
Answer:
Hi, the correct answer to your question is they are securities issued by states, cities
etc/more.
Explanation:
They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.
Hope this helps! :)
What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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what do you mean by Business Risk ??
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
An account keeps a record of all transactions relating to an item. Each general ledger account is in the format of a capital letter "T". The name of the account appears above the horizontal line in the center of the page. Select one: O True O False
An account keeps a record of all transactions relating to an item. Each general ledger account is in the format of a capital letter "T". The name of the account appears above the horizontal line in the center of the page" is true.
An account is a place where all transactions are recorded relating to a specific item. It helps to keep a record of the total number of transactions that are made in a business. All the general ledger accounts have a capital letter "T" format. It helps to record the financial transactions that take place in a company.The horizontal line in the center of the T-shaped format of the account divides the account into two sections: the left side shows all the debits transactions, and the right side shows all the credit transactions. The name of the account appears above the horizontal line in the center of the page.
The correct option is "True".
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the percentage of applicants hired divided by the total number of applicants offered jobs is called the
The percentage of applicants hired divided by the total number of applicants offered jobs is called the acceptance rate.
The acceptance rate is defined as the percentage of applicants offered admission to a college, university, or other higher education institution. The acceptance rate is calculated by dividing the total number of applicants offered admission to a college or university by the total number of applicants who applied for admission.
The acceptance rate is a key metric used by colleges and universities to measure the quality and competitiveness of their admissions process. It is also used by prospective students to evaluate their chances of being accepted to a particular school. The acceptance rate varies widely from school to school and is influenced by a number of factors, including the quality of the applicant pool, the size of the applicant pool, and the admissions criteria used by the institution.
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3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?
a
A subordination clause in a debenture.
b
A call provision.
c
A convertible feature.
d
Having relatively few restrictive covenants.
e.
All of the above.
The bond in question's coupon interest rate would typically be reduced by a convertible feature.
Define the term "convertible feature"?An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.
What distinguishes a convertible bond from other bonds?An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.
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What is meant by the term new market
Answer:
The term new market can be used in 2 ways:
1) A new market is being used as a term for a new type of shop/ a new genre of market place.
2) A new market value(rise of market value)
Explanation:
Your Welcome
how existing businesses changed the way they operate to keep afloat during the lockdown periods.
Answer:
Combine speed and stabilityTurn digitization into an advantageDrive systemic change through cooperationExplanation:
explain the importance of office to an organisation
Answer:
Answer to the following question is as follows;
Explanation:
The office aids in the management of the operations of various employees and departments inside an organisation or corporation. Controlling guarantees that the different company operations are carried out with great precision. Remembering Facility: The office safeguards vital statistical information.
So, we say that offices are necessary for organisations.
in what year did starbucks serve its first caffè latte?
Answer:
1984
Explanation:
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A company reported annual wages expense of $290,000 and insurance expense of $35,000. During the year, wages payable decreased from a $15,000 beginning balance to an $11,000 ending balance, and prepaid insurance increased from a $45,000 beginning balance to a $75,000 ending balance. How much cash was paid to employees as wages and paid for insurance during the year
The cash paid to employees as wages during the year is $4,000 and the cash paid for insurance during the year is $30,000.
To determine the cash paid to employees as wages and the cash paid for insurance during the year, we need to consider the changes in wages payable and prepaid insurance balances.
Cash paid to employees as wages:
The change in wages payable indicates the amount of wages paid during the year. We can calculate it by subtracting the beginning balance of wages payable from the ending balance:
Wages payable change = Beginning balance - Ending balance = $15,000 - $11,000 = $4,000
Therefore, the cash paid to employees as wages during the year is $4,000.
Cash paid for insurance:
The change in prepaid insurance balance reflects the amount of insurance paid during the year. We can calculate it by subtracting the beginning balance of prepaid insurance from the ending balance:
Prepaid insurance change = Ending balance - Beginning balance = $75,000 - $45,000 = $30,000
Cash paid to employees as wages = $4,000
Cash paid for insurance = $30,000
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If there is a high demand for a product, the price for that product will
O be lower
O be higher
stay the same
O none of the above
Answer:
High demand equals higher prices
Explanation:
The lesson reads:
Remember:
high demand = higher prices
low demand = lower prices
high supply (when there is an increased inventory or a lot of a product) = lower prices
low supply (when there is a decreased inventory or not enough of a product) = higher prices
If there is a high demand for a product, the price for that product will be higher. The correct option is b.
What is a product?A product is an object, system, or service made available for consumer use as per consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. Service is also regarded as a type of product.
In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project. A related concept is that of a sub-product, a secondary but useful result of a production process.
Dangerous products, particularly physical ones, that cause injuries to consumers or bystanders may be subject to product liability.
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Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
The United States enjoys a free market economy in which _____. most economic decisions are made by the central government the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines most economic decisions are allowed to occur naturally as a result of market changes made by government intervention none of the above all of the above
Answer:
none of the above
Explanation:
I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.
milden company is a merchandiser that plans to sell 37,000 units during the next quarter at a selling price of $61 per unit. the company also gathered the following cost estimates for the next quarter: cost cost formula cost of good sold $ 31 per unit sold advertising expense $ 181,000 per quarter sales commissions 6% of sales shipping expense $ 63,000 per quarter $4.00 per unit sold administrative salaries $ 91,000 per quarter insurance expense $ 10,100 per quarter depreciation expense $ 61,000 per quarter required: 1. prepare a contribution format income statement for the next quarter. 2. prepare a traditional format income statement for the next quarter.
1.Contribution format income statement for the next quarter - $408,480.
Create an income statement in contribution format for the following quarter.Sales Revenue: $2,257,000 (37,000 units x $61)
Variable expenses-
$31 per unit times 37,000 units equals $1,147,000 in sales costs.
Cost of advertising: $181,000
Sales commissions: $135,420 ($6% x $2,257,000)
Shipping costs: $63,000 plus $37,000 multiplied by $4 equals $223,000
$1,686,420 in total variable costs.
Contribution Margin = $570,580 ($2,257,000 - $1,686,420).
Fixed expenses
Pay for office work: $91,000
Cost of insurance: $10,100
Cost of depreciation: $61,000
Fixed costs in total: $162,100
Net Income: $408,480 ($570,580 less $162,100).
2. Income statement in the conventional style for the following quarter:
Sales Revenue: $2,257,000 (37,000 units x $61)
Cost of goods sold: $1,147,000 (37,000 units times $31)
$2,257,00 - $1,147,000 = $1,110,000 Gross profit
Operation Costs:
Cost of advertising: $181,000
Sales commissions: $135,420 ($6% x $2,257,000)
Shipping costs: $63,000 plus $37,000 multiplied by $4 equals $223,000
Pay for office work: $91,000
Cost of insurance: $10,100
Cost of depreciation: $61,000
$701,520 in total operating expenses
Net Income: $408,480 ($1,110,000 - $701,520).
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what is meant by business
Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.
What is ISO 14000? What is its potential impact on key stakeholders, community, businesses, and global organizations concerned about environmental issues?
ISO 14000 is a set of international standards that provide guidelines for environmental management systems. These standards aim to help organizations minimize their negative impact on the environment and comply with environmental regulations.
The potential impact of ISO 14000 on key stakeholders, including the community, businesses, and global organizations concerned about environmental issues, can be significant.
For businesses, implementing ISO 14000 standards can result in improved efficiency, reduced waste, and enhanced reputation. This can lead to increased profitability and customer loyalty.
For communities, ISO 14000 can help ensure that businesses are operating in an environmentally responsible manner, reducing the risk of pollution and other negative impacts on local ecosystems and the health of nearby residents.
For global organizations concerned about environmental issues, ISO 14000 can serve as a tool for encouraging environmental sustainability and responsible business practices across different industries and regions.
Overall, ISO 14000 has the potential to benefit a wide range of stakeholders by promoting environmental stewardship, reducing environmental risks, and improving business performance.
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HELPPPP
In order to comply with all hospitality laws, all hotels must have a full-service restaurant on the premises.
A. True
B. False
Answer:
b false this is the answer
why do you think business organization need to hire people? write at least three sentence in your answer sheet.pls
Answer:
So why does a company hire a person?
Explanation:
It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In fact, the goal of most companies is generally the exact opposite to that, to have the fewest employees possible it needs to be successful.
Less and less do companies hire because they need a very specific task done. In the days of old, companies would hire someone to do the same task over and over again, like hammering the same nail to connect the same two parts all day long. Most of those jobs now are automated, as employers have found cheaper and often more productive alternatives to humans for that work.
No, to understand why employers hire, instead of just using a piece of software or a robot, one first has to understand the unique value proposition a human has. What is it? Well, really it has everything to do with our brain, and our unique ability to conjure up creative solutions to complex problems.
An employer hires a person because their unique value proposition, i.e. generally their ability to think, fixes a business problem they face and there are no other cheaper or more effective alternatives.
For example, a company hires a marketer because they face a business problem: a lack of customers. The marketer’s job is to increase the amount of customers anyway they can, whether it be through email marketing, social media, publicity stunts, etc. The marketer’s job is to constantly solve a problem – in this case getting more customers – that cannot be solved by a machine.
Because most of the jobs that require minimal thought have become or soon will become automated, the jobs that are left require someone who is creative, can learn quickly and is always willing to adapt to new problems thrown their way. So the question therein lies for the employer: how do you figure out who those people are?
The answer is not to look at a pile of resumes and select the two or three best to bring in for an interview. The answer is to screen all candidates through an interview, perhaps best done using a program like VoiceGlance, and ask them challenging questions that reveal those candidates’ line-of-thinking. With that information, companies can discover the employees they really want – the problem solvers – who will lead them to success.
The reason why I think business organization needs to hire people is:
To help in the production processAccording to the given question, we are asked to show the reason why I think business organization need to hire people and how it affects business.
As a result of this, we can see that a business organization has to hire people so that they can help with the production process which is important as they would be in charge of the branding, packaging, marketing and other aspects of business.
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How do I write a resume with absolutely no work experience?
Answer:
I would recommend volunterring for extracurricular activites or get a previous teacher of yours to add in some good qualities and skills about you.
Explanation:
I got this question on my quiz a few weeks ago and was wondering if anyone could explain the best/correct answer.
I'm currently leaning towards the last option, but I'm not sure.
Answer:
Easy it's B, this is because the rate at which we earn interest with only 1000$ does not keep up with the maintenance fee.
In B u get $1010 because of the interest after the first year,
In D u get $960 because if u get an annual interest of 2% from $1000 u get a total of $1020 but deduction from maintenance fee is $60 per year, Thus $1020-$60 = $960. Same explaination for the others as well.
reference in a principal auditor's report to the fact that part of the audit was performed by another auditor most likely would be an indication of the:
Referencing the fact that a portion of the audit was carried out by another auditor in a principal auditor's report is likely a sign that "auditor's specialists" or "sub-auditors" were employed.
A sub-auditor, usually referred to as an auditor's specialist, is a person or business that the lead auditor hires to help with a particular area of an audit. When the primary auditor needs particular knowledge or resources that are not offered by their own business, they hire a sub-auditor. The sub-auditor is in charge of carrying out the audit processes pertinent to the area of specialisation and reporting the findings to the principal auditor. After reviewing the sub-work, auditor's the lead auditor decides whether or not to include it in their final audit conclusion. When auditing large or complicated businesses where specialist knowledge is needed, sub-auditors are frequently used.
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Autocratic leadership is likely to be effective when.
Autocratic leadership is likely to be effective when control is
needed or in an emergency situation.
What is Autocratic leadership?This type of leadership involves total control over decisions and
little input from others.
This is used in situations whereby there is a need for quick
action or decision to be taken and no room for meetings. This is
common during emergencies and situations which require
absolute control.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.
Answer:
it's true............
In terms of economic costs to society, --------------------crimes are considerably higher than ---------------------------crimes
In terms of economic costs to society, white-collar crimes are considerably higher than conventional crimes.
Colloquially, a crime is an offense punishable by a state or other authority. The term crime does not have a simple, generally accepted definition in modern criminal law, but a statutory definition is provided for specific purposes. The most common view is that crime is a category created by law.
In other words, something is a crime if it is so declared by the relevant applicable law. The proposed definition is that a felony or misdemeanor (or crime) is an act (a "public malpractice") that harms not only an individual but also a community, society, or nation. Such actions are prohibited and will be punished.
The idea of banning acts such as murder and theft exists worldwide. What exactly constitutes a criminal offense is defined by each jurisdiction's criminal law. Many countries have a catalog of crimes known as criminal law, but some common law countries do not have such a comprehensive law.
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