Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get? a secured loan an unsecured loan a fixed-rate loan
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get? a secured loan an unsecured loan a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Take a stab at this question (you'll need to do some multiplication). Every day, 500,000 drivers in Los Angeles incur an additional 30 minutes of traffic delays when commuting by car to their jobs.
Answers (1)
A machine with a cost of $132,000, accumulated depreciation of $86,000, and current year depreciation expense of $17,500 is sold for $40,800 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
Answers (1)
The following information is available for the month of April from the First department of the Armque Corporation: Units Work in process, April 1 (50% complete) 90,000 Started in April 250,000 Work in process, April 30 (40% complete) 60,000
Answers (1)
Catherine is preparing to release a new line of toys that's currently available for pre-order only on the landing page.
Answers (1)
If the contribution margin ratio is 60%, target operating income is $50,000, and the sales revenue needed to achieve the target operating income is $800,000, what are total fixed expenses?
Answers (1)
New Questions in Business
Corporate governance Aa Aa The management of Badger Corp. controls 58% of the company's stock. The firm did not meet any of its quarterly sales projections for the last year.
Answers (1)
Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey. At the time of the gift, the necklace had an appraised value of $850. In 2016, Lindsey sold the necklace for $1,200.
Answers (1)
When iTunes sells a song or movie, it must record the transaction in accounts. Which accounts might iTunes use when it sells a song for cash?
Answers (1)
When people engage in a collaborative process of identifying values, assumptions, and goals from which support for change will naturally emerge, it is known as which change strategy? a. Change resistanceb. Shared powerc. Change aversiond.
Answers (1)
James received a report from the production and purchasing departments with the following values for January: Actual materials quantity: 90,000 pounds Total actual cost: $47,200 Standard materials quantity: 5.5 pounds/unit Standard price: $0.
Answers (1)