Which is an example of BAD debt? Group of answer choices Taking out a student loan...
Which is an example of BAD debt?
Group of answer choices
Taking out a student loan to attend
Harvard Business School
Borrowing money to get a tractor
Taking out a mortgage to buy a home
Getting a bank loan to start a business
Borrowing money to buy a really big, plasma, HD TV
Homework Answers
Borrowing money to buy a really big, plasma, HD TV is an example of BAD debt. Whereas the remaining ones can't be considered as Bad Debts.
Add Answer to:
Which is an example of BAD debt?
Group of answer choices
Taking out a student loan...
With a federal student loan, you are borrowing money from what entity? Group of answer choices...
With a federal student loan, you are borrowing money from what entity? Group of answer choices The federal government. A bank. A credit union. A payday lender.
The average college student loan debt is becoming an increasing financial burden for many individuals upon...
The average college student loan debt is becoming an increasing financial burden for many individuals upon graduation or upon dropping out of college. Many individuals take 12 to 15 years or more to pay off student loans and paying off the outstanding debt can result in many additional costs in higher costs of borrowing and lost financial opportunities that are important to gaining long term financial success Some of the financial difficulties caused by student debt obligations may include the...
Taking Out a Motorcycle Loan Kevin Jones, of Elon, North Carolina, is single and recently graduated...
Taking Out a Motorcycle Loan Kevin Jones, of Elon, North Carolina, is single and recently graduated from law school. He is employed and earns $9,300 per month, an awesome salary for someone only 26 years old. He also has $2,000 withheld for federal income tax, $510 for state income taxes, $710 for Medicare and Social Security taxes, and $220 for health insurance every month. Kevin has outstanding student loans of almost $80,000 on which he pays about $900 per month...
1.Variance analysis is important to the management because: Group of answer choices It helps management determine...
1.Variance analysis is important to the management because: Group of answer choices It helps management determine the reasons that actual costs varied from budgeted costs. It helps management determine which department operated most efficiently. It helps management determine the bottleneck of the production line. All of the answers are correct. 2. The Total Liabilities to Total Assets ratio helps lenders such as a bank to monitor a loan to prevent the borrower from Group of answer choices Investing more of...
And there was a buy-sell arrangement which laid out the conditions under which either shareholder could...
And there was a buy-sell arrangement which laid out the
conditions under which either shareholder could buy out the other.
Paul knew that this offer would strengthen his financial
picture…but did he really want a partner?It was going to be a long
night.
read the case study above and answer this question
what would you do if you were Paul with regards to financing,
and why?
ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...
Use the following to answer questions 1-4. You currently live (rent free) in your parents' basement...
Use the following to answer questions 1-4. You currently live (rent free) in your parents' basement but it's a bit awkward when you bring dates home. Your friends are looking for a new roommate and have asked if you're interested in moving in. Your share of the rent (which includes all utilities) will be $1,000 per month, due at the beginning of the month, and you will be signing a three-year lease. You parents think you should save your money...
Assignment : Imagine that a friend who knows you are working toward your degree in business...
Assignment : Imagine that a friend who knows you are working toward your degree in business administration is complaining about interest rates. Perhaps they think the rate they are getting on savings vehicles, like money markets, is too low, or the interest they are paying on their mortgage is too high. They conclude that it seems like no matter what they lose. 1) Respond to your friend's concerns. Be sure to be specific in supporting the points you are making...
Jamie Lee Jackson, age 27, full-time student and part-time bakery employee, has just moved into a...
Jamie Lee Jackson, age 27, full-time student and part-time bakery employee, has just moved into a bungalow-style, unfurnished home of her own. The house is only a one- bedroom, but the rent is manageable and has plenty of room for Jamie Lee. She decided to give notice to her roommate that she would be leaving the apartment and the shared expenses after the incident with the stolen checkbook and credit cards a few weeks back. Jamie had to dip in...
Use the following to answer questions 1-4. You currently live (rent free) in your parents' basement but it's a bit awkwa...
Use the following to answer questions 1-4. You currently live (rent free) in your parents' basement but it's a bit awkward when you bring dates home. Your friends are looking for a new roommate and have asked if you're interested in moving in. Your share of the rent (which includes all utilities) will be $800 per month, due at the beginning of the month, and you will be signing a two-year lease. You parents think you should save your money...
a. Provide two examples of actions you have taken (or will take in the future) to...
a. Provide two examples of actions you have taken (or will take
in the future) to build good credit, and link each example to one
of the steps to building good credit provided in the text. -->
(If you paid your bills on time, carried only a reasonable amount
of debt, didn’t max out your credit cards, had a history of
borrowing, hadn’t applied for a bunch of new loans, and borrowed
from a mix of lenders, you’d be in...
The average college student loan debt is becoming an increasing financial burden for many individuals upon graduation or upon dropping out of college. Many individuals take 12 to 15 years or more to pay off student loans and paying off the outstanding debt can result in many additional costs in higher costs of borrowing and lost financial opportunities that are important to gaining long term financial success Some of the financial difficulties caused by student debt obligations may include the...
Taking Out a Motorcycle Loan Kevin Jones, of Elon, North Carolina, is single and recently graduated from law school. He is employed and earns $9,300 per month, an awesome salary for someone only 26 years old. He also has $2,000 withheld for federal income tax, $510 for state income taxes, $710 for Medicare and Social Security taxes, and $220 for health insurance every month. Kevin has outstanding student loans of almost $80,000 on which he pays about $900 per month...
And there was a buy-sell arrangement which laid out the
conditions under which either shareholder could buy out the other.
Paul knew that this offer would strengthen his financial
picture…but did he really want a partner?It was going to be a long
night.
read the case study above and answer this question
what would you do if you were Paul with regards to financing,
and why?
ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...
Assignment : Imagine that a friend who knows you are working toward your degree in business administration is complaining about interest rates. Perhaps they think the rate they are getting on savings vehicles, like money markets, is too low, or the interest they are paying on their mortgage is too high. They conclude that it seems like no matter what they lose. 1) Respond to your friend's concerns. Be sure to be specific in supporting the points you are making...
a. Provide two examples of actions you have taken (or will take
in the future) to build good credit, and link each example to one
of the steps to building good credit provided in the text. -->
(If you paid your bills on time, carried only a reasonable amount
of debt, didn’t max out your credit cards, had a history of
borrowing, hadn’t applied for a bunch of new loans, and borrowed
from a mix of lenders, you’d be in...
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