The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year are as follows: Blink Division Blur Division Total
Sales $ 310,000 $ 180,000 $ 490,000
Variable costs 104,000 83,000 187,000
Contribution margin $ 206,000 $ 97,000 $ 303,000
Direct fixed costs 90,000 76,000 166,000
Segment margin $ 116,000 $ 21,000 $ 137,000
Allocated common costs 45,000 37,500 82,500
Operating income (loss) $ 71,000 $ (16,500) $ 54,500
If the Blur Division were dropped, Blink Division's sales would increase by 35%. If this happened, the operating income for Winston Corporation, as a whole, would be:

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan