Business process represents a set of tasks or activities that produce desired outcomes. A business process is a series of steps taken by a group of stakeholders to accomplish a specific goal. Each step of a business process represents a task assigned to a participant.
It serves as the foundation for several related concepts such as business process management, process automation, and so on. Business process management (BPM) is a systematic approach to improving processes that assists organizations in meeting their business objectives. If a company is unable to perform certain business activities internally due to cost or resource constraints, it may turn to business process outsourcing.
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Retail Division $155,800 $550,000 Commercial Division 134,000 330,000 Internet Division 146,400 540,000 Assume that management has established a 10% minimum acceptable rate of return for invested assets. a. Determine the residual income for each division.
The Residual Income for each division:
Retail Division = $4,95,000
Commercial Division = $2,97,000
Internet Division = $4,86,000
Retail Division Commercial Division Internet Division
A. Operating Income $155,800 $134,000 $146,400
B. Minimum acceptable operating income as a % of invested assets:
Retail Division Commercial Division Internet Division
Invested assets $550,000 $330,000 $540,000
(Invested assets x 10%) = $55,000 $33,000 $54,000
C = A - B Residual Income =$4,95,000 $2,97,000 $4,86,000
What is Residual Income?Residual Income refers to a calculation that provides the amount of money leftover that a company or individual has after all expenses have been paid. The amount of money that is left over after all expenses are covered is typically referred to as residual income, profit, net income, or earnings.
One specific type of meaning for residual income is similar to the terms passive income or residual pay—in that it can represent income earned on a continual basis, not tied to specific amounts of time, and not requiring active work to generate.
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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is _________, so the quantity of money demanded will be _________.
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is low so the quantity of money demanded will be high.
If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.
As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.
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If a monopoly firm suddenly lost its barriers to entry and faced new competition, yet consumers thought that the former monopoly’s products were somewhat different than its new competitors, then?
If a monopoly firm suddenly lost its barriers to entry and faced new competition, yet consumers thought that the former monopoly’s products were somewhat different than its new competitors, then the industry has probably become a monopolistically competitive industry.
As given that the former monopoly’s products were somewhat different than its new competitors, thus it is clear that supernormal profits in the case of the monopoly has attracted various other firms in the market. Thus product differentiation has led to the entry of new firms in the market and the industry has probably become a monopolistically competitive industry. Also free entry and free exit are also indicative of the monopolistically competitive industry
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How can the company that purchased the mine better approach the situation?
The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.
In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights, pollution, and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.
That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.
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Under which type of listing will an agent receive a commission only if he is the procuring cause of the sale?
Under a C) exclusive right to sell, the listing firm will earn a commission if the property sells during the listing period, even if it's a licensee from another firm or the seller who finds the buyer.
Promoting dealers cooperate with the brokers promoting the home to acquire reimbursement for supporting connect them with the right shoppers. The listing broking will pay the promoting agent a commission for finding a purchaser to shop for the belongings.
In most instances, you don't require a college degree to come to be an actual property agent, but it does help capacity profession task seekers stay aggressive and applicable. A partner or bachelor's degree is more than sufficient—perhaps in the enterprise, finance, or some other related subject.
They realize the nearby actual estate market, look into and appraise homes to decide honest marketplace costs, write and provide list presentations to offer dealers a document of their findings, and market and stage homes for sale to attract capacity consumers.
The question is incomplete. Please read below to find the missing content.
Under which type of listing will the seller owe a commission to the listing agent regardless of who is the procuring cause of the sale?
A. Open listing
B. Exclusive agency
C. Exclusive right to sell
D. Net listing
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Household production, such as baking bread at home, is not included in gdp because it.
Household production, such as baking bread at home, is not included in GDP because it does not involve a market transaction.
What exactly is a market transaction?
The trading of commodities and services on a market. When calculating gross domestic product, the set of market transactions that take place in the economy is crucial (GDP). Market transactions offer the fundamental information that the Bureau of Economic Analysis' number crunchers use to start estimating GDP.
These number crunchers' objective is to assess economic production rather than merely market transactions. As a result, they boost economic production while removing those market transactions that do not entail it.
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The innovation strategy for changing products and technologies that involves designing the organization to encourage creativity and the initiation of new ideas is known as?
The innovation strategy for changing products and technologies that involves designing the organization to encourage creativity and the initiation of new ideas is known as exploration.
Creativity is the generation of novel ideas that can satisfy a perceived need or respond to an organizational opportunity. An innovation strategy for changing products and technologies in which organizations are designed to encourage creativity and the initiation of new ideas is called exploration.
Exploration encourages creativity and the development of new ideas, and Exploitation transforms those ideas into the manufacturing of everyday products. Organizational change is defined as the adoption of new ideas and behaviors by an organization.
The adoption of ideas and behaviors that are new to an organization's industry, market, or general environment is called organizational innovation.
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Who are the main stakeholders that the y is attempting to reach with the information it has gained through its market research free answer
Y is attempting to reach the following stakeholders through its research information:
Primary stakeholders: Primary stakeholders involve beneficiaries or the target of the efforts. These are the people who are involved in or the participants in a particular organization or they can be the residents of a particular geographical area or they can be a particular type of people community.
Secondary stakeholders: these are those people who are not directly involved but they are involved in connection to the primary stakeholders such as doctors, social workers, schools and their employees means those persons whose jobs and works get effected by the process or result of the effort.
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Computer cycle counting programs can produce a cycle count notice after which events?
A cycle count notice after the events is :
A positive balance but a backorder was created
A specified level of activity
A zero balance on-hand
A system cycle includes the stairs that a computer's processor executes whenever it receives a machine language practice. It's far the maximum primary CPU operation, and modern-day CPUs are capable of carrying out thousands and thousands of machine cycles in line with the second. The cycle includes three well-known steps: fetch, decode and execute.
The guidance cycle is the cycle that the vital processing unit follows from boot-up until the computer has closed down in an effort to technique instructions. It is composed of 3 primary tiers: the fetch level, the decode degree, and the execute degree.
The gadget practice cycle describes the order in that instructions is processed on a laptop. commands are processed below the path of the manipulated unit in a step-via-step manner.
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What aspect of real estate involves giving courses or seminars to real estate professionals and the general public? a) development b) lending c) education d) appraisal
The education aspect of real estate involves giving courses or seminars to real estate professionals and the general public.
What is the education aspect of real estate?The relates to the courses and other educational activities in real estate that can also include study in closely related areas such as land economics, and public seminar for the people.
Hence, the education aspect of real estate involves giving courses or seminars to real estate professionals and the general public.
Therefore, the Option C is correct.
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Quizlet the ability of a central bank to set monetary policy instruments is _______, while the ability of a central bank to set goals of monetary policy is ______
The ability of a central bank to set monetary policy is instrument independence while the ability of a central bank to set goals of monetary policy is goal independence.
Monetary policy is the control of the quantity of cash available in an economy and the channels via which new money is supplied. With the aid of coping with the cash delivery, central bank goals to steer macroeconomic factors which include inflation, the charge of intake, monetary growth, and standard liquidity.
Financial coverage refers to the steps taken by way of a country's primary financial institution to manipulate the cash supply for monetary balance. As an example, policymakers manage the cash stream for increasing employment, GDP, and charge balance by the use of gear inclusive of hobby prices, reserves, bonds, etc.
The dreams of economic policy are to sell most employment, solid expenses, and moderate long-term interest prices. By means of imposing powerful monetary policy, the Fed can hold strong prices, thereby helping conditions for lengthy-term financial increases and most employment.
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The budget director of royal furniture company requests estimates of sales, production, and other operating data from the various administrative units every month. selected information concerning sales and production for february is summarized as follows:
The total revenue realized from the sales in Royal furniture company equals $1,875,500.
How do we prepare the sales budget?Royal Furniture Company
Sales Budget
For the Month Ending February 28
Product and Area Sales Volume Selling Price Total Sales
King:
Northern Domestic 610 780 475,800
Southern Domestic 340 780 265,200
International 360 850 306,000
Total 1,047,000
Prince:
Northern Domestic 750 550 412,500
Southern Domestic 440 550 242,000
International 290 600 174,000
Total 828,500
Total revenue from sales $1,875,500
2) Production Budget
Missing words ". Estimated sales of King and Prince chairs for February by sales territory:
Northern Domestic:
King 610 units at $780 per unit
Prince 750 units at $550 per unit
Southern Domestic:
King 340 units at $780 per unit
Prince 440 units at $550 per unit
International:
King 360 units at $850 per unit
Prince 290 units at $600 per unit"
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1) Define JTA
please help
Answer:
The Full form of JTA is Job Task Analysis.
Explanation:
JTA) allows applications to perform distributed transactions, that is, transactions that access and update data on two or more networked computer resources.
Hope it helps! ◕ ‿ ◕
Sorry if it’s wrong! :(
Answer:
The Full form of JTA is Job Task Analysis.Explanation:JTA) allows applications to perform distributed transactions, that is, transactions that access and update data on two or more networked computer resources.Hope it helps! ◕ ‿ ◕Sorry if it’s wrong! :(
Explanation:
Prepare journal entries to record the following production activities. Incurred $42,000 of direct labor in the Roasting department and $33,000 of direct labor in the Blending department. Credit Factory Wages Payable. Incurred $20,000 of indirect labor in production. Credit Factory Wages Payable.
Credit Factory Wages Payable is $95000.
What are Wages Payable?Wages payable refers to an organization's liability for wages earned but not yet paid to employees. When wages are paid to employees, the amount in this account is normally wiped early in the following reporting month. Wages payable is a current liability account, whereas wages expense is an expense account. A current liability is one that must be paid within one year. Wage Payment Example
Jane received $160 for the last three days of the year (December 29-31). This sum (together with whatever salary she receives from January 1-4) will be included in her paycheck on January 9. Based on this information, the corporation has $560 in wages payable as of December 31 ($400 + $160).
(journal entries are in the attached image)
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The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.
The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.
Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.
It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.
In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.
Hence, the given statement is false.
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the seattle corporation has been presented with an investment opportunity whihc will yield cash flows of 30000 per year
b. 4.86 years is the payback period for this investment.
Year 0 1 2 3 4 5 6 7 8 9 10
Investments cost $ (150,000)
Yielding cash 30000 30000 30000 30000 35000 35000 35000 35000 35000 40000
Net cash flow $ (150,000) 30000 30000 30000 30000 35000 35000 35000 35000 35000 40000
Cumulative cash flow $ (150,000) (120,000) (90,000) (60,000) (30,000) 5,000 40,000 75,000 110,000 145,000 185,000.
Payback period = 4+(30000/35000)
(Years) = 4.86
The payback period is defined as the number of years required to recover the original cash investment. In other words, it is the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.
The question is incomplete. Please read below to find the missing content.
The Seattle Corporation has been presented with an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm's required rate of return is 10 percent. Assume cash flows occur evenly during the year, 1/365th each day. What is the payback period for this investment?
a.
4.00 years
b.
4.86 years
c.
6.12 years
d.
4.35 years
e.
5.23 years
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Janell sees an advertisement for a new skin-care product. which question should she ask herself about the product?
Janell sees an advertisement for a new skin-care product the question that she should ask herself about the product is
Could the company have a bias?"
The inability to make an informed judgement based on facts and evidence is hampered by bias, which is an unreasonable assumption or belief. Information bias, selection bias, and confounding are the three different categories of bias.
some of questions to be asked before buying skincare products are:
How well do you understand your skin?Do you buy something because of hype?Does It Have Dermatologists' Approval?Is this a skincare product intended for cosmetic use?Exist the Active Ingredients?Can I Perform a Patch Test?To learn more about bias here
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A public stock company is considered by law to be an entity with legal rights and obligations. This is known as ______.
A public stock company is considered by law to be an entity with legal rights and obligations. This is known as legal personality.
The public stock company enjoys four characteristics that make it an attractive corporate form, which are, limited liability for investors, legal personality, transferability of investor ownership, separation of legal ownership and management control.
To have legal personality means to be capable of having legal rights and duties within a certain legal system, such as to enter into contracts, sue, and be sued. Thus, it is the ability of any legal person to amend rights and obligations.
Hence, A public stock company is considered to be an entity with legal rights and obligations.
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Jonathan is interested in building the centerpiece of his firm's corporate governance, and so hires a ________ that is made up of individuals from both inside and outside the firm.
Jonathan is interested in building the centrepiece of his firm's corporate governance, and so hires a "Board of directors" that is made up of individuals from both inside and outside the firm.
What is a Board of directors?A board of directors is simply a group of people chosen by shareholders to serve as their representatives. While nonprofit organisations and many private firms may name a board of directors even though they are not legally obligated to, every public company is legally required to appoint one.
Functions of a Board of Directors are-
establishing dividend policiesDeveloping option policiesSenior executive hiring and firing (especially the CEO)determining executive compensationassisting managers and their teamskeeping up with business resourcessetting broad organisational objectivesensuring that the business has the resources necessary to be handled effectively.The bylaws of a business or organisation establish the structure, duties, and authority granted to a board of directors.
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Question 511 pts Advertising, personal selling, publicity, and sales promotion are collectively known as the Group of answer choices product mix. distribution channels. promotion mix. marketing channels.
Advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.
What is the promotion mix?To achieve a given marketing goal, a promotional mix is a combination of marketing strategies such as advertising, sales, public relations, and direct marketing. Typically, the promotional mix is merely one component of a bigger marketing mix.A promotion mix is an important strategy for delivering a relevant promotion message to each segment via the most appropriate channel.Improves client communication. Companies create a promotion mix in an attempt to speak their customers' language. When properly prepared, it aids in the development of trust between the brand and its clients.Therefore, advertising, personal selling, publicity, and sales promotion are collectively known as the (C) promotion mix.
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Correct question:
Advertising, personal selling, publicity, and sales promotion are collectively known as the:
(A) product mix.
(B) distribution channels.
(C) promotion mix.
(D) marketing channels.
(E) product strategy.
How would you best describe operations management?
The management of business procedures to achieve the best level of productivity within an organisation is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labour and materials into products and services as effectively as feasible.
Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations.
Managing an organization's operations and processes is known as operations management. Supply chain management, product design, forecasting, quality control, and delivery management are a few of the tasks carried out by an operations manager.
Planning, arranging, and overseeing in the contexts of production, manufacturing, or the provision of services are the main concerns of operations management.
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The amount by which government expenditures exceed revenues during a particular year is the?
Answer: Budget Deficit
Explanation:
Francine moved out of the property she was renting, and she left it in pristine condition. How long after she moves out does the property manager have to return her security deposit
One month; property manager will have to return her security deposit in one month after she moves out of the property.
More about security deposit:
Source of funds to pay tenant obligations owed to the landlord in the event of a breach of the rental or lease agreement. When a tenant fails to uphold their financial obligations under the terms of a rental or lease agreement, the landlord may be able to recover some of their financial losses from the security deposit.
If a tenant's creditworthiness affects the security deposit, the landlord must set clear and specific criteria for the various creditworthiness levels they consider when choosing tenants (such as credit scoring).
Additionally, each potential tenant who falls within each level of creditworthiness must pay the security deposit amount that has been established for that level.
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6. Franchise statistics, national and local business growth rates, and other industry information specific to your field is easily obtainable through a.
A Marketing Agency
A marketing professional or agency may readily provide you with franchise statistics, national and local business growth rates, and other industry data related to your field.
Franchise marketing- In order to raise brand awareness and boost revenue for their franchise business, franchisors and franchisees utilize a variety of marketing strategies and techniques. Franchise marketing has developed to be virtually entirely digital.
Franchising is a particular business approach used to gain market share, acquire clients, and keep those clients happy. With this kind of approach, the business gains awareness from both present and potential clients. Advertising, sales, promotions, public relations, and web marketing are some of the major subcategories of franchise marketing.
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Which process is used to develop risk profiles for a firm's information system projects and assets?
Portfolio analysis is the answer.
Portfolio analysis is the process of reviewing or valuing the elements of a company's entire portfolio of securities or products. The review is conducted for careful risk-return analysis.
Business portfolio analysis is basically the process by which a company's products and services are considered and categorized based on performance and competitiveness.
They focus on factors such as the contribution of securities selection, sector weights, asset allocation, and perhaps the flow of funds in and out of cash positions and portfolios. You can discuss portfolio performance regardless of the benchmark.
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A company has an annual contract with an outside firm to perform a security audit on their network. The purpose of the annual audit is to determine if the company is in compliance with their internal directives and policies for security control. Select the broad class of security control that accurately demonstrates the purpose of the audit.
Board class of security control is Managerial, the managerial control ensures that the internal controls are in working condition and if any improvement is suggested by the auditors it is also implemented.
What is Audit?Audit is the process of checking the accounts and controls of an organization, different audit engagements have different roles of auditor for example, security compliance audit, financial accounts audit, other information audit.
The most common of the audit is the audit of financial data of the organizations which is important for the public listed companies and also practiced by unlisted companies.
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The three purposes for which individuals or groups can use products in order for it to be considered a business market are:_________
The three purposes for which individuals or groups can use products in order for it to be considered a business market are:
Resaleuse in daily operationsdirect use in producing other products.This is further explained below.
What is the market?Generally, A market is a location where individuals, often buyers and sellers, may congregate to assist the buying and selling of various commodities and services.
In conclusion, It is necessary for people or organizations to utilize items for at least one of the following three objectives for there to be a market for commercial goods and services:
On resale; for use in day-to-day activities; as a direct input into the production of other goods.
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If the price elasticity of demand for labor is 0.1 and the wage increased from $11 to $16 an hour, what is the predicted decrease in the level of employment in percentage terms
As a result of the increase in wages, the decrease in the level of employment would be 4.5%.
What is the decrease in the level of employment?
Price elasticity of demand for labor is the percentage change in the demand of labor divided by the percentage change in wages.
It is expected that there is a negative relationship between the demand for labor and wages. When wages increase, the demand for labor declines and when wages decreases, the demand for labor increases.
Price elasticity of demand for labor = percentage change in the demand for labor / percentage change in wages
Percentage change in the demand for labor = percentage change in wages x price elasticity of demand for labor
percentage change in wages = [($16 / $11) - 1] x 100 = 45.45%
Percentage change in the demand for labor = 0.1 x 45.45 = 4.5%
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Ralph is a former student in AECN 141. The first exam he scored a 60%, and did not study. The second exam he scored a 75% and studied 1 hour/day. The third exam he scored an 82% and studied 2 hours/day. On the last exam he scored a 83% and studied 3 hours/day. What is the marginal productivity of the first hour of studying
The marginal productivity of the first hour of studying is 15%.
What is Marginal Productivity?The additional output, return, or profit generated per unit as a result of benefits from production inputs is referred to as marginal productivity or marginal product. Raw materials and labor are examples of inputs. According to the rule of decreasing marginal returns, the marginal productivity will normally decrease as production rises when a production element is improved.This indicates that for every extra unit of output produced, the cost advantage often decreases. Diminishing marginal productivity is often recognized in its most straightforward form when a single input variable exhibits a drop in input cost. For instance, a reduction in labor expenses during the car-manufacturing process would result in slight increases in profitability per vehicle.Formula for Marginal Productivity = (Qn – Qn-1) / (Ln – Ln-1)
The total product value is divided by the difference in labor to determine the marginal product of labor.
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A bank loaned out $26,000, part of it at the rate of 12% annual interest, and the rest at 3% annual interest. The total interest earned for both loans was $1,455.00. How much was loaned at each rate
The amount loaned for 12% annual interest is $ 7,500 and amount loaned for 3% annual interest is $ 18,500 .
Solution:Let us assume that the amount loaned for 12% annual interest is x
then amount loaned for 3% annual interest is $ 26,000 - x.
Total Interest = Interest on 12% amount + Interest on 3% amount
[tex]\frac{12}{100}[/tex] × x + (26,000 - x) × [tex]\frac{3}{100}[/tex] = 1,455
0.12x + 0.03 × (26,000 - x) = 1,455
0.12x + 780 - 0.03x = 1,455
0.09x = 1,455 - 780
0.09x = 675
x = $ 7,500
Also, the amount loaned at 3% is 26,000 - 7,500 = $18,500
What are bank loan?bank loans are debt Interest that a bank or other financial institution issues to a company, repackages, and then sells to investors.The Interest that has been repackaged comprises of several loans. Prior to any other financial commitments, senior bank loans have a legal claim to the borrower's assets.Know more about bank loans https://brainly.com/question/27380105
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