what are some things you can do during the grace period to make sure your loan repayment goes as smoothly as possible?

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Answer 1

The gracing period allows the borrower to get more time on how to sources for fund for repayment of the loan.

Basically, the loan repayment refers to the way at which a borrower will gradually repay back the loan gotten from the lender.

The gracing period in loan repayment refers to the period where repayment payment has lapsed but the borrower is given grace to continue to repay the loan.

Therefore, the things that can be done during the grace period to make sure the loan repayment goes smoothly is by re-strategizing on options to sources for fund for repayment of the loan.

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Related Questions

Head Time is a local salon that requires all its stylists to graduate from a recognized hairstyling institute and pass the state licensing examination prior to joining work. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria ________.

Answers

Answer:

educational

Explanation:

on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.

Answers

Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.

Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold.  This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.

Specific identification is just one method in inventory costing.  Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.

Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.

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Explain supply and demand. Provide an example or real life scenario

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These are examples of how the law of supply and demand works in the real world. A company sets the price of its product at $10.00. No one wants the product, so the price is lowered to $9.00. Demand for the product increases at the new lower price point and the company begins to make money and a profit.

Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, the market clearing price ________ and the equilibrium quantity ________. definitely falls, is indeterminate is indeterminate, definitely falls definitely rises, is indeterminate definitely falls, definitely rises

Answers

is indeterminate, definitely falls

where is the account accumulated depreciation on equipment found on the financial statements?

Answers

Answer:

The Balance Sheet

Explanation:

The accumulated depreciation lies right underneath the "property, plant and equipment" account in a statement of financial position, also known as a balance sheet or report on financial condition.

In the past, personal selling has garnered a reputation as being too aggressive. You would like to test whether these perceptions have changed after the implementation of ethical principles for the personal selling industry. To start off your research, you would like to ask ten consumers in a group setting a set of questions about their views of personal selling. This is an example of
A) conclusive research.
B) observation.
C) a customer advisory board.
D) experimental research.
E) a focus group.

Answers

D. Experimental research

3

Tina wants to purchase new pair of shoes for 95$ and a jacket for 100$.

She has a credit card to use. What are her alternatives? *

O jacket and 100$

O shoes and jacket

credit card and 100$

none of the above

Answers

None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)

In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:

To belong to the same category or have the same function.To be possible for the user to replace the first element using the alternative.

Based on this, let's analyze each of the options:

Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.

Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.

Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.

Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.

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competitive price-taker markets and purely competitive markets are:

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Answer:

While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.

Explanation:

What is a “work point”?

Answers

Answer:

A work point is an independent entity whose location is defined in space

One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________

a. applies to only international transactions that occur within the territorial borders of the United States.
b. is an attempt to support U.S. businesses by exporting U.S. values that indirectly aid business.
c. clearly stipulates terminology and behavior that is illegal on the part of U.S.
d. businesses and foreign business operating in the United States.
e. includes uncertainties such as terminology, definitions, accounting standards, and behavior standards.

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One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S

United States Foreign Corrupt Practices Act was set up in 1977. It helps to

serve as a guide to know the legal and illegal behavior expected of

individuals by the USA.

Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.

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the ____________________ is based on the prices of merchandise that are exported or imported.

Answers

The International price index is based on the prices of merchandise that are exported or imported.

Advantages and Disadvantages of a public limited company (preferably 3 of each)

Answers

Answer:

advantages

it has a legal existance,it can sue or be sued in court of law

it has a big capital base because it has no limits in number of members

members have a limited liability

disadvantages

it is at times too big to be managed effectively

the financial progress of the company is not secretive since books of accounts are published to the public

the company faces disadvantages of economies of scale

Explanation:

hope it helps

PLZ MARK BRAINLIEST

A company's ____________ is the percentage of the total target market for the product that belongs to the company.
__________________________
→ A.Market saturation
→ B.Market share
→ C.Brand image
→ D.Market information
_________________________
THANKS!
-----------------------------------------------

Answers

Answer:

Market Share

Explanation:

Market share is the percentage of total output/revenueA company's Market Share is the percentage of the total target market for the product that belongs to the company.

Answer:

A company's market share is the percentage of the total target market for the product that belongs to the company.

On May 12, 2022, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2022, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2022

Answers

The amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.

Using this formula

Cash account =[(Merchandise on account - Merchandise sale price)× (1-Discount rate)]

Where:

Merchandise on account=$6,897

Merchandise sale price=$318

Discount rate=3%

Let plug in the formula

Cash account=[($6,897 - $318)×(1-0.03)]

Cash account=$6,579× 0.97

Cash account= $6.381.63

Inconclusion the amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.

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In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?

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Using the information on the chart, there exists a direct proportional relationship between fee and dollar advanced.

From the bar graph, Fee and dollar advanced are represented by the green and brown bars.

Looking closely, the green and brown bars are virtually the same for each of the different number of transactions recorded.

The percentage value of fee, and share of dollar advanced have almost the same percentage in each group.

Therefore, Fee and share of dollar advanced are directly proportional based on the display produced by the bar chart.

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A bond's coupon payment is:______.
a. interest that is paid by the bond issuer when a bond matures a variable interest.
b. amount that is paid to bondholders based on the federal funds rate.
c. a coupon that can be used by bondholders to receive discounts on goods produced by the corporation issuing the bonds.
d. a fixed amount of interest that is paid annually or semiannually by the issuer to its bondholders.

Answers

D.

What is a coupon payment on a bond?

-A coupon or coupon payment is the annual interest rate paid on a bond

hope it's correct

Which of these is a reason a closed culture is
more thoughtful about change in the
organization?
A. Change takes much longer in large organizations.
B. Ideas for change are debated in large organizations.
C. Hierarchy makes change impossible in large organizations.

Answers

Help me with my question posted and I’ll help with yours

Which of the following statements about the technical view of organizations is not true? It sees the firm as being infinitely malleable. It sees the organization as a social structure similar to a machine. It emphasizes group relationships, values and structures. It sees capital and labor as being easily substituted for one another. It focuses on how inputs are combined to create outputs when technology changes are introduced into a company.

Answers

The statement that can not be considered a true statement as regards technical view of organizations is A: It sees the firm as being infinitely malleable.

From a technical view, an organization can be regarded as formal, legal as well as social structure which involves the  processes of resources as inputs, so that output can be produced.

It focuses on the processes that are needed to be followed in order to utilize the inputs for the creation of outputs.

It involves the utilization of change in technology in acheiving the goals of the company.

Therefore, option A is correct.

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Information systems in general are helpful because they are used for making informed decisions using more accurate reports. However, there are social issues with such systems. Research and identify two issues that can affect a community.

Answer is:
I researched online and came across a few issues that can affect a community. Two of these are addressed below.

Elimination of Jobs: When a company uses computers for doing tasks, jobs get completed in lesser time. They are also more accurate and less prone to mistakes that humans make. Information can be processed and entered into multiple data tables simultaneously. Computers also generate reports and statements easily. Therefore, fewer people are needed to perform majority of the tasks and can lead to job elimination.

Security Concerns: As more data is available online, hackers can easily break into a system and access personal data. This information is likely to be misused. Therefore, systems should always be up-to-date security programs. A computer security expert should also be a part of the staff to prevent and eliminate any attacks on an organization's data.
Plato users.

Answers

Information systems have automated information management, making it quicker to process large amounts of information, but it can also create issues such as information security and IT competitiveness.

Information security is a problem arising from information systems that can configure fraudulent techniques to steal sensitive data from people and organizations and gain benefits, so it is essential to be prepared for the risks and support from specialized security companies.

The advancement of artificial intelligence can also correspond to a risk in the work environment, such as the competitiveness with IT of professionals who are not prepared to deal with digital innovations.

Therefore, it is necessary that organizations use IT to bring benefits in the speed of organizational processes, preparing themselves for risks and offering training and qualification to their employees to deal with digital systems.

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to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

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Firms or organizations always recruit from external sources to fill vacancies in their firm. To recruit from outside organization, Lance, an hr manager, shares his company's job openings on social media and online job postings.

External recruitment uses assessment of an available pool of job candidates, to find skilled or qualified to fill and perform existing job vacancies.

It entails searching outside of the current employee pool to fill open positions in an organization.

A company always source from outside hire.Through outside recruitment, a firm can invigorate their organization with fresh talent.

Conclusively, Employee Referrals. Networking (Informal, Formal) Job Fairs (Online and Virtual) are some ways to source from outside organization.

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at what level of investment ownership is significant influence often presumed?

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Significant influence is often presumed when an entity or individual holds more than 20% but less than 51% of the investment in another entity.

Significant influence enables the entity to make operating and financial decisions for the other entity. The entity may lack total control since the ownership is not above 50%, but the entity can significantly influence corporate decisions.

Some entities may exert significant influence with investment ownership that is less than 20%.

Under International Financial Reporting Standards, investors with significant influence account for their investments in the investee using the equity method.

Thus, significant influence is often presumed once an investor owns 20% or more of an investee.

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How does your credit score impact the personal loan options you have
available?

(Put the correct answer )

Answers

Answer:

bad credit score would negatively affect your loan options because the bank won't see you as someone who can pay it back on time

you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this illustrate?

Answers

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

the historical cost principle requires that when assets are acquired, they be recorded at

Answers

The historical cost principle requires that when assets are acquired, they be recorded at cost.

The historical cost principle is an accounting principle under the US GAAP. It entails recording the cost of an asset on the balance sheet at the cost with which the asset was purchased regardless of the changes in the value of the asset.

For example, if a machine was purchased at a cost of £2000. If the historical cost principle is used, the machine would be recorded at £2000 on the balance sheet.

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Which points are most efficient for the utilization of resources on a production possibilities diagram?

A. points along the curve
B. points inside the curve
C. points at the two intercepts of the curve
D. points outside the curve

Answers

Answer- A. point along the curve

a lost check with a blank endorsement on it can be cashed by

Answers

Answer:

A Blank Endorsement is - an endorsement consisting only of the endorser's signature. * If the blank endorsed check is lost or stolen, the check can be cashed by anyone who has it, so only use it when it is ready to be directly cashed or deposited into the bank. SPECIAL ENDORSEMENT.

Explanation:

Which one of the following types of charitable contributions is NOT deductible for federal income tax purposes?
A. Contributions made with credit cards where the charge is paid in a subsequent year
B. Travel costs incurred for charitable purposes
C. Contributions made through payroll deduction
D. Cash paid to purchase fundraising products where a portion of the proceeds go to fund a charitable cause

Answers

Answer: B.

Explanation: Contributions to individuals, foreign governments, foreign charities, and certain private foundations similarly are not deductible.

be possible in the United States?

Answers

Answer:

yes be possible in United to know at all and how to learning .

Explanation:

brainliest me pli

was there new technology or innovation involved in epidemiology​

Answers

Answer:

Epidemiology has evolved with the development of new molecular technologies that refine the way we investigate the relationships between exposure and disease.

lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?

Answers

Assurance to humans in terms of service delivery is very important. It tells if service delivered is acceptable or not. This relates to Assurance component of service quality.

In the various sector or the economy, there are various ways used to improve service quality. In the transportation sector, service quality is done through:

The encouragement of agent feedback.

The use of agents listen to calls.

The sending of post-contact surveys after every interaction. etc.

Conclusively, Service Assurance is the use of policies and processes by any firm to make sure that services rendered meet a pre-defined service quality level.

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