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3 years ago

In a credit application, besides one's capacity to pay, creditors also consider which of the following?

Business

1 answer:

DochEvi [55]3 years ago

4 0

Answer:

The lenders use a system of five Cs to know about the creditworthiness of potential borrowers. They weigh five characteristics of the borrower and various conditions of the loan, chances of default and risk of loss. The five Cs used by the lender are capacity, character, collateral, capacity and conditions.

The first C is character, it can be known by the previous loans of the applicant.

Debt to income ratio is the second C.

The third C is capital, it is the amount of money possessed by an applicant.

Collateral is the fourth C, it is the asset that can be used to back the loan.

The fifth C is conditions, the amount of the loan, its purpose and the prevailing interest rate in the market are known as conditions.

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determine and describe ten best practices for managers competing in the global environment, challenged with diversity, global ec

JulsSmile [24]

The correct answer to this open question is the following.

For me, the ten best practices for managers competing in the global environment, challenged with diversity, global economics, and social responsibility would be the following, in no particular order.

1.- Understanding the global world.

The world is no separated by frontiers. Globalization is here to stay. Trade is the best example.

2.- Solid leadership.

Managers have to turn into leaders to be able to teach, coach, and direct the organization.

3.- Cultural Diversity.

Different people's backgrounds will enrich the company and its processes.

4.- Support and engage employees.

The leader has to be backed by loyal and committed employees to confront difficult issues.

5.- Embrace change.

Change is the constant in a global world. Accept it and take the initiative.

6.- Reward and motivate employees.

If players believe in the leader, they are going to believe in the system. As simple as that.

7.- Create an international team.

Bring the foreign experts to your company. They have different approaches and perspectives.

8.- Innovation.

Invest in research and development. Innovation has many advantages.

9.- Accept the benefits of technology.

The digital world has changed the way to do business in the world.

10.- Constantly Travel.

Travel to learn how people live in your different markets. What they like and dislike, how they think, what can capture their attention.

5 0

3 years ago

On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the compan

fredd [130]

$4.40 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)

where,

Net income is $640,000

Preference dividend is $72,000

And, the weighted average number of share is

= 120,000

6 0

3 years ago

) You are a manager for a large company that sells products and sources materials internationally. A new competitor has entered

bixtya [17]

Explanation:

Companies are entities that can cause potential damage to the environment, by using scarce natural resources and by the way of production, which can release pollutants into the atmosphere, etc.

Organizational sustainability, therefore, means joining the organization's efforts to reduce its negative environmental impacts and protect the location in which the company operates.

A good option for companies that want to implement sustainability in their processes is to look for environmental certifications that provide specific requirements and policies for companies to reduce their impacts and generate continuous improvement, such as the implementation of an Environmental Management System.

Corporate sustainability can mean long - term strategic and competitive advantages such as reducing waste, increasing the company 's value and reliability, attracting investors, satisfying stakeholders, etc.

3 0

3 years ago

What is the preferred method of resolving a partner's deficit balance, according to the Uniform Partnership Act?

olga_2 [115]

Answer:

e. The partner with a deficlt balance contributes personal assets only If those personal assets exceed personal lablties.

Explanation:

The Uniform Partnership Act is a provision that resolves conflicts in a partnership that is not addressed in the partnership agreement.

The Act is used mostly with small and informal partnerships.

It has been adopted in all states except Louisiana.

Partners must settle their debts in order to redeem their interest in the partnership.

UPA provides that partner with deficit contributes personal assets only If those personal assets exceed personal liabilities.

3 0

3 years ago

Large expenses such as the purchase of a new mri machine or the building of a new office is known as:

Degger [83]

These kind of expenses are under the capital costs. Capital costs are fixed costs acquired when you build the establishment in order to make it commercially operable. For example, when you want to open up your own clinic, you would have to build your own office and spend money to buy medical equipment and their installation costs. Moreover, you would have to spend on legal works to register and acquire your business permit. These costs are one-time only and incurred at the early stages of your milestones.

8 0

3 years ago