Answer:
B. In a single payment, and the collateral is returned
<u>Multiple-choices</u>
A. In multiple payments, and collateral is retuned
B. In a single payment, and the collateral is returned.
C. The lender sells the item to pay off the interest.
D. The lender cashes a postdated check.
Explanation:
A pawn-loan is a credit facility based on collateral provided. Pawnshop issues pawn-loans without any credit history checking. The borrower presents an item of value, either jewelry, electronics, mobile gadgets, or other items resellable to other customers.
A pawnshop typically issues short term loans. The credit period is mostly 30 days. The borrower is should to repay the loan amount plus interest by end of month to redeem their collateral. Due to the short credit period and the high risk of lending, pawnshops do not usually allow installment repayments.
Answer:
Supply increase and demand decreases
Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.
<h3 /><h3>Change management</h3>
It is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.
The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.
Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.
Find out more information about growth strategies here:
brainly.com/question/15115779
Answer:
Contribution margin= 250,000
Explanation:
Giving the following information:
Sales $590,000
Total fixed expenses $150,000
Cost of goods sold $390,000
Total variable expenses $340,000
<u>A CVP income statements provides the following structure:</u>
<u></u>
Sales= 590,000
Total variable costs= (340,000)
Contribution margin= 250,000