True
False
Answer:
False
Explanation:
the answer is collateral
Answer:
Housing million dollars $1,655.2
Automobile million dollars $413.80
Explanation:
Calculation to determine the total amount of loans of each type
Calculation for HOMEOWNER LOANS
Homeowner loans=$20,000-[(10%*20,000)/(4*12%+10%)]*10%
Homeowner loans=[$20,000-($2,000/48%+10%)]*10%
Homeowner loans=[$20,000-($2,000/58%)]*10%
Homeowner loans=[$20,000-$3,448.3]*10%
Homeowner loans=$16,552*10%
Homeowner loans=$1,655.2
Calculation for AUTO LOANS
Auto Loans=[(10%*20,000)/(4*12%+10%)]*12%
Auto Loans=($2,000/(48%+10%)]*12%
Auto Loans=($2,000/58%)*12%
Auto Loans= $3,448.3*12%
Auto Loans=$413.80
Based on the above calculation Homeowner loans amount of $1,655.2 is 4 times Auto Loans amount of $413.80
Therefore the total amount of loans of each type that Madison should extend to each category in order to maximize its returns are:
Housing million dollars $1,655.2
Automobile million dollars $413.80
B. Lower the price of the remaining bagels, but under no circumstances should the price fall below $1.00 per dozen.
C. Throw the bagels away and produce 8 fewer dozen bagels tomorrow.
D. Starting tomorrow, lower the price on all bagels so they will all be sold earlier in the day.
Answer:
which of the following alternatives is most attractive?
Explanation:
Lower the price of the remaining bagels, even if the price falls below $1.00 per dozen.
It can be the improvement in order to recover the bagels cost without having to throw them away