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2 years ago

Which loan created a habit where the borrower kept coming back to request an extension?

Business

1 answer:

Anna35 [415]2 years ago

4 0

Answer:

Extension proposals are not rare because of the buyer's perspective of bridging finance as well as the explanations for both the requirements can indeed be broad. The much more common explanations are.

Explanation:

It has required longer than planned to secure planning approvals.
When a transaction has been negotiated, the borrower awaits an exchange of contracts.
Additional resources as well as time are needed by the creditor to accomplish his project.
Refurbishment analysis was suddenly postponed.
Before actually refinancing the debt, the creditor waits for something like a new lender to conclude his thorough research.
Throughout the final moment, the buyer of the creditor's property backs out, causing the borrower to bring the estate back into the marketplace.
Throughout the last minute, the previous buyer refinancing the property backs out, obliging the creditor to find some mortgage company.

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The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the q

Paul [167]

Answer:

The answer to the following question is: (-9.34)

Explanation:

Given that:

p = -0.07 x^2 - 0.7x + 6

The price elasticity of demand = ( change in quality / change in price)

= (dp / dx) (x/p)

= d / dx (-0.07 x^2 - 0.7x + 6) x / p

= (-0.14x - 0.7) x/ (-0.07 x^2 - 0.7x + 6)

elasticity = (-0.14x^2 - 0.7x) / (-0.07 x^2 - 0.7x + 6)

at x=5;

elasticity = (-0.14(5)^2 - 0.7(5)) / (-0.07 (5)^2 - 0.7(5) + 6)

= (-3.5 - 3.5) / (-1.75 - 3.5 + 6)

= -7/ 0.75 = -9.333

= -9.34

7 0

2 years ago

Michelle works in an appliance store. She has a goal to sell a combination of six refrigerators, stoves or dishwashers so she ca

kotykmax [81]

The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal.

7 0

2 years ago

Read 2 more answers

Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units d

lana66690 [7]

Answer:

Total production cost= $266,380

Explanation:

First, we need to calculate the total estimated overhead costs:

total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000

total estimated overhead costs= $275,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000 / 16,000

Predetermined manufacturing overhead rate= $17.19 per unit

Finally, we can calculate the total production cost of the 2,000 units made in January:

Total production cost= total unitary cost*number of units

Total production cost= (64 + 52 + 17.19) * 2,000

Total production cost= $266,380

4 0

2 years ago

Nasim was fired from his job after 3 years of good performance. His boss simply said that the organization was changing and did

SVEN [57.7K]

Answer: D). employment variability

Explanation: Chances are he was skilled in whatever task he was assigned to. If the company is expandeing then they moast likly found a way to replace him to save on money.

5 0

2 years ago

The following budget information is available for the HD Sales Company (HDC) for January: Sales $ 320,000 Freight out $ .25 per

Mamont248 [21]

Answer:

The total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

Explanation:

Computation of total budgeted selling and administrative expenses in the January pro forma income statement is shown below:

= Freight out + Sales & Admin Salaries + Advertising + Lease on Sales building + Miscellaneous selling expenses

where,

Freight out = $0.25 × 20,000 units = $5,000

Sales & Admin Salaries = 40,000 + 2% of $320,000 = $46,400

So,

The total budgeted selling and administrative expenses is

= $5,000 + $46,400 + $12,000 + $45,000 + $5,000

= $113,400

Since depreciation part is not be considered because it is a non cash expense so we don't include the depreciation cost in computation part.

Hence, the total budgeted selling and administrative expenses would be what amount on the January pro forma income statement is $113,400

5 0

2 years ago