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2 years ago

Why did Tonya's lender most likely deny her credit?

1 answer:

3 0

Creditors will decline your request for credit if they see that your income is insufficient to cover your debts.

Lenders will be reluctant to approve a loan if you have a bankruptcy on your credit report since it increases the risk involved.

Thus, Option B is correct.

<h3>Who makes the decision about your credit application?</h3>

Your information is provided to the credit reporting bureau, but the lender ultimately decides whether or not to extend credit.

The best course of action is typically to speak with the lender directly if you require more details especially regarding your denial.

For more information about Credit application refer to the link:

brainly.com/question/21237270

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A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann

alekssr [168]

$\sqrt\frac{2*773*28}{33}$ Answer:

Explanation:

Using the EOQ Formula = EOQ $\sqrt\frac{2*D*O}{H}$

D = Demand = 773

O = Ordering Cost =28

H = holding Cost = 11*33% =3.63

So we have :

EOQ= $\sqrt\frac{2*D*O}{H}$

EOQ= $\sqrt\frac{2*773*28}{3.63}$

EOQ= $\sqrt\frac{43288\\}{3.63}$

EOQ= $\sqrt{11925.06887}$

EOQ= 109.20196

Previous per unit order cost = 28/773 =0.03622

No of Orders = D/o

No of Orders = 773/109.20196 =7.0786

Cost per order =109.20196*0.03622 =3.9555

Total order cost= 7.0786*3.9555=27.9998

At EOQ holding Cost is equal to Order Cost

New Order cost =27.9998

Holding Cost = 27.9998

New cost As per EOQ = 56

Previous (33+28) = 61

Net Saving = 5

6 0

3 years ago

A proposed project has an initial cost of $38,000 and cash inflows of $12,300, $24,200, and $16,100 for years 1 through 3, respe

In-s [12.5K]

Answer:

IRR is greater than required return by 17.38 - 16.8 % = 0.58 %

so project will accept

Explanation:

given data

initial cost = $38,000

cash inflows year 1 = $12,300

cash inflows year 2= $24,200

cash inflows year 3 = $16,100

rate of return = 16.8 %

solution

we consider here IRR is = x so

present value of inflows is equal to present value of outflows .............1

we can say that it as

initial cost = present value

3800 = $\frac{12300}{1*x} +\frac{24200}{(1*x)^2} +\frac{16100}{(1*x)^3}$

solve it we get

x = 17.38%

here IRR is greater than required return by 17.38 - 16.8 % = 0.58 %

so project will accept

4 0

3 years ago

The brenda one is the question thank youuu:)

Ivenika [448]

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

$A = P(1 + \frac{r}{100})^{t}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

$A = 11000*(1 + \frac{8.6}{100})^{7$

$A = 11000*(1 + 0.086)^{7$

$A = 11000*(1.086)^{7$

$A = 11000*1.78$

A = $19,580

7 0

3 years ago

True or false: An EAP only contains information on what happens during an emergency.

uysha [10]

Pretty sure it’s false

5 0

3 years ago

Racz describes a micromanager as a manager who doesn't give you a lot of breathing room. Micromanagers often stifle workers and

marusya05 [52]

Answer:

core competency

Explanation:

A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.

4 0

3 years ago