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OLEGan [10]
2 years ago
8

What are some financial consequences that could happen to a borrower if he or she cannot pay back a car loan from a financial in

stitution?
Business
1 answer:
Cerrena [4.2K]2 years ago
3 0

The bank can repossess the car and if anything is used as collateral they can claim that as well. It is best to not get yourself in debt you cannot pay off.

One way to calculate debt is to figure out what your income is per week, and divide that by the weekly payments for the car. Lets say you make 3200, and your debt is 450 a week.

As shown below

<em>Income ÷ Payments </em>

3200 ÷ 450 = 0.14

Now multiply that by 100 to get your percentage,

0.14 x 100 = %14

Financial advisors recommend that you keep your debt-to-income ratio under 30%.

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Martha Beyerlein Company incurred $150,000 of research and development costs in its laboratory to develop a patent granted on Ja
Serggg [28]

Answer:

The amount which is to be debited to the account of Patents is $35,000

Explanation:

Patent is the right which is given to an investor to stop other people or an individual using or making their invention.

So, company incurred $150,000 for the research and development costs in order to develop the patent and $35,000 is paid for legal fees.

Therefore, the amount of $35,000, is the aggregate amount of patent as it is paid in obtaining the patent.

8 0
2 years ago
Subheads work best for which level of the creative pyramid?
ch4aika [34]
The creative pyramid is a model that can help imaginative groups change over the promoting methodology and the huge thought into the genuine physical advertisement or business. Subheads work best for interest level of the creative pyramid 
8 0
2 years ago
Sport organizations now seek to make money from “rights fees” paid by
xeze [42]
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In every sports match, there is usually a time slot when the match is halted before moving to the next round. This time slot is utilized by the sports organization to be used as an advertisement and will be given to the company with the highest bid.
3 0
2 years ago
Imagine that you are an executive at a large bank. You have been tasked with overseeing your company's implementation of an enti
Afina-wow [57]

Answer:

My straight answer is you need a Diverse team with somewhat a high level of management with Gain Sharing Program as the incentive programme.

Explanation:

Since the question is long, I'll make it shorter. The team is New, the goal is wide, the team's autonomy (working independence) is not much strong.

A Diverse team is required as the set of tasks needed to be done requires different skill sets. (like law, tax, etc.)

Although the team is highly talented, they are new and not much experienced. So, a high level of management is required at the beginning until the team stabilizes.

Since its a new and diverse team, team spirit has to be established. An unfitting rewarding system could be the very beginning of various conflicts, trust issues and jealousy among peers in the group. Eventually destroying the team altogether.

Gain Sharing program mainly focus on improving the team productivity through participation, involvement and creative innovation. Eventually the entire team's productivity goes up and then the entire team is rewarded.

5 0
2 years ago
Emilio works in a power plant control room. Dawn works in a coal mine. What do Emilio and Dawn have in common? They both are sel
Makovka662 [10]

Answer:

They both work in the Energy Transmission career pathway

Explanation:

Emilio and Dawn work in the "Energy Transmission career pathway".

In Energy career pathway, there are there stages. First is Energy generation, second is Energy transmission and third is Energy distribution.

In Energy transmission, power is evacuated from the generating stations via transmission networks. This happens in coal mines and power plant control room. Bulk of generated energy is covered in Energy Transmission Pathway from the source to the electrical substation through a transmission network. One needs critical thinking to analyze the information and stress management as employees to handle urgent tasks as well.

5 0
2 years ago
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