The situation analysis section of a business plan for all of a company's products,

The overarching purpose of credit risk analysis is to: Question 11 options: a) Identify credit opportunities b) Determine a comp

Kamila [148]

Answer:

d) Quantify potential credit losses

Explanation:

Credit risk is the possibility of a loss happening because of a borrower's failure to payback a loan or meet up with contractual obligations. The overaching purpose of credit risk analysis is the quantification of the level of credit risk that the borrower poses to the lender. The purpose of credit analysis is to determine if borrowers are credit worthy by quantifying the risk of loss that the lender may experience.

Therefore option D is the answer.

6 0

3 years ago

Consider two of the income security programs in the United States: Temporary Assistance for Needy Families (TANF) and the Earned

Harrizon [31]

Answer:

a. When a woman with children and very low income earns an extra dollar, she receives less in TANF benefits. This feature of TANF will cause the labor supply of low-income women to be LOWER. One of the most important characteristics of TANF is that as the beneficiary starts to earn money, they start losing benefits. The more money they earn, the less benefits they receive.

b. The EITC provides greater benefits as low-income workers earn more income (up to a point).

True

This feature of EITC will decrease the labor supply of low-income workers. b. False

Earned income tax credit (EITC) is a refundable tax credit aimed at low income workers (and low middle income workers) with children. The tax credit received by the beneficiaries of this program depend on their income levels and number of children. E.g. during 2020, the EITC for joint filers earning up to $52,493 and having 2 children is $5,828. This program increases the labor supply of low income workers, it doesn't decrease it. If you do not work, you do not receive EITC.

4 0

3 years ago

When changing from the average cost method to FIFO, the company:

Lesechka [4]

Answer: B. Revises comparative financial statements.

Explanation:

When switching from a median Cost method to FIFO method. this sort of switch can always yield a major impact on all financial statements. Any organization which wishes to change would settle on the requirement to scrutinize whether it has to restate its financial data for previous years to reflect the new method or only apply the new method to the present and future years.

7 0

3 years ago

A proposed new project has projected sales of $159,800, costs of $80,840, and depreciation of $5,640. The tax rate is 24 percent

never [62]

Answer:

Explanation:

In order to calculate the OCF, we first need to calculate net income.

We have:

Sales: $159,800

Cost: -$80,840
Depreciation $5,640

EBT : $73,320

Tax = $73,320*24% = $17,596.8

Net income : $55,723.2

Using the most common financial calculation for OCF, we get:

OCF = EBIT + Depreciation - Taxes

OCF = $73,320 + $5,640 - $17,596.8

OCF = $61,363.2

The top-down approach to calculating OCF yields:

OCF = Sales - Costs - Taxes

OCF = $159,800 - $80,840 - $17,596.8

OCF = $61,363.2

The tax-shield approach is:

OCF = (Sales - Costs)(1 - tC) + tCDepreciation

OCF = ($159,800 - $80,840)(1 - 0.24) + 0.24*$5,640

OCF =$61,363.2

And the bottom-up approach is:

OCF = Net income + Depreciation

OCF = $55,723.2 +$5,640

OCF = $61,363.2

Hope it will find you well

3 0

4 years ago

Nora Damus reviews her forecasting triumphs and failures as part of her annual report to the Chief Operating Officer. She notes

Ahat [919]

Answer:

The answer is D) Nora has a positive tracking signal.

Explanation:

4 0

3 years ago