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2 years ago

What institution will Martha's lender check before granting or denying a loan or mortgage to Martha?

Business

1 answer:

aalyn [17]2 years ago

6 0

Answer:

A credit bureau

Explanation:

A credit bureau is a agency which collects the credit history of consumers so that creditors can make decisions about granting loans. So the only logical choice is for Martha's lender to check with them to get her credit history before denying or granting her a mortgage or loan.

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The feminine personality of Whirlpool helps identify which styles and colors will be most appealing to buyers. The company now u

AnnyKZ [126]

Answer: Elaborating on a brand personality

Explanation: Brand personality is the attribution of a personal trait to a brand which helps the organization to mold the manner consumers feel about its commodity, service or purpose. In this case, characteristics of a human being like feminine voice-over signify the whirlpool personality through the person representing the brand along with advertising so as to be in the same position as the whirlpool brand.

8 0

3 years ago

The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base. Estimated

vovikov84 [41]

Answer:

B) $1.40 per machine hour

Explanation:

Total machine hours = 29,000 + 48,000 = 77,000

Predetermined overhead allocation rate = Total estimated overhead costs / Total estimated quantity of the overhead allocation base

= $108,000 / 77,000 machine hours

= $1.40 per machine hour

6 0

3 years ago

n December , General Electric (GE) had a book value of equity of billion, billion shares outstanding, and a market price of

Gennadij [26K]

Answer:

a. GE's market capitalization = 276.60 billion; and GE's market-to-book ratio = 2.85.

b. GE's book debt-equity ratio = 2.08; and GE's market debt-equity ratio = 0.73

c. GE's enterprise value = $374.26 billion

Explanation:

Note: This question is not complete as all its data are omitted. The complete question is therefore provided before answering the question as follows:

In December 2015, General Electric (GE) had a book value of equity of $97.1 billion, 9.2 billion shares outstanding, and a market price of $30.06 per share. GE also had cash of $103.9 billion, and total debt of $201.7 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value?

The explanation to the answer is now provided as follows:

a. What was GE's market capitalization? What was GE's market-to-book ratio?

Calculation of GE's market capitalization

Market capitalization = Number of shares outstanding * market price per share = 9.2 billion * $30.06 = 276.60 billion

Calculation of GE's market-to-book ratio

Market-to-book ratio = Market capitalization / Book value of equity = $276.552 billion / $97.1 billion = 2.85

b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?

Calculation of GE's book debt-equity ratio?

Book debt-equity ratio = Total debt / Book value of equity = $201.7 billion / $97.1 billion = 2.08

Calculation of GE's market debt-equity ratio

Market debt equity ratio = Total debt / Market capitalization = $201.7 billion / $276.46 billion = 0.73

c. What was GE's enterprise value?

Enterprise value = Market capitalization + Total debt - cash = $276.46 billion + $201.7 billion - $103.9 billion = $374.26 billion

5 0

2 years ago

A couple thinking about retirement decide to put aside $2,100 each year in a savings plan that earns 7% interest. In 10 years th

Marina86 [1]

Answer:

310,588.5

Explanation:

As is not said we can assume the 2,100 each year to be paid at the end of the year, and the 7% to be used as a compunded anually rate. So let´s first think just about the 2,100, as they are regulary payments, they can be seen as an anuity inmediate, the formula is as follows:

$s_{n}=p*\frac{(1+i)^{n}-1 }{i}$

where sn is the future value of the regular payments, i is the interest rate and n is the number of payments and p is the amount of regular payment so in this particular case we have:

$s_{n}=2,100*\frac{(1+0.07)^{30}-1 }{0.07}$

$s_{n}=$ =198,367.65

So now let´s think on the gift of 29,000 as it is paid on 10 years, there will remain 20 years with an investment rate of 7% compounded anually. so there we have the classic formula of future value

$FV=VP*(1+i)^{n}$

where FV is the future value, PV is the present value, i is the interest rate per period, and n is the number of periods. Again in this particular case we have:

$FV=29,000*(1+0.07)^{20}$