subject
Business, 06.05.2021 18:10 Thejollyhellhound20

Adair Credit, Inc. has $51.0 million in consumer loans with an average interest rate of 14.0%. The company has $46.0 million in home equity loans with an average interest rate of 10.0%, and owns $8.0 million in corporate securities with an average interest rate of 8%. Next year, consumer loans are estimated to increase to $56.0 million because of a rate decrease to 12.0%, while home equity loans are estimated to increase to $48.0 million at an average interest rate of 8.5%. Unfortunately, the investment in corporate securities is estimated to decrease by 20% and the average interest rate is estimated to be 11.0%. What is Adair's estimated change in revenues next year

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:20
Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a
Answers: 2
question
Business, 22.06.2019 05:00
Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
Answers: 3
question
Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
Answers: 1
question
Business, 22.06.2019 19:00
Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk
Answers: 2
You know the right answer?
Adair Credit, Inc. has $51.0 million in consumer loans with an average interest rate of 14.0%. The c...
Questions
question
Mathematics, 14.11.2019 04:31
question
Mathematics, 14.11.2019 04:31
question
Mathematics, 14.11.2019 04:31
question
History, 14.11.2019 04:31
Questions on the website: 13722361