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ivolga24 [154]
3 years ago
5

You work for a bank as a business data analyst in the credit card risk-modeling department. Your bank recently conducted a bold

experiment: over a short time interval three years ago, it quietly issued 600 credit cards to everyone who applied, regardless of their credit risk.
After three years, 150, or 25%, of card recipients defaulted – they failed to pay back at least some of the money they owed. However, the bank collected very valuable proprietary data that it can now use to optimize its future card-issuing process.


The bank initially collected six pieces of data about each person.


a. Age

b. Years at current employer

c. Years at current address

d. Income over the past year

e. Current credit card debt, and

f. Current automobile debt
Business
1 answer:
Mama L [17]3 years ago
5 0
B : years as a current employer
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Which of the factors listed below contribute to the market value of a going concern? intangible assets market value of assets va
trasher [3.6K]

Answer:

intangible assets

market value of assets

extra earning power

Explanation:

As an accounting principle, going concern value means the value of a business or its assets considering that the business will continue to operate in the reasonable future. This is the opposite to the value assigned to assets or businesses that are being discarded or liquidated.

When you are trying to valuate a company, you have to consider the fair market value of its assets, its intangible assets, and its earning power (its ability to make higher than average profits).

The past share price is not useful in determining the present of the company and the value of future investments cannot be included until the investments are carried out.

7 0
3 years ago
On January 2 Kelly company performed $800 worth of services for a client. The client paid $100 immediately, but promised to pay
Sliva [168]

Answer:

$100, $700, $800

Explanation:

Calley Journal entries would include:

Debiting $100 to the cash account

Debit the $700 to the receivables account

Credit $800 to the revenue account

This follows the double entry rule that a credit in one account must correspond to at least one debit in another account.

We debit all asset accounts(receivables,cash) when increased and credit all liabilities account when increased. We credit all income account(revenue) when increased and debit all expenses account when increased.

6 0
3 years ago
Read 2 more answers
A firm is planning on paying its first dividend of $2 three years from today. After that, dividends are expected to grow at 6% p
BabaBlast [244]

Answer:

The intrinsic value of a share today is $16.87

Explanation:

Intrinsic Value of the share is calculated as below.

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

placing values in the formula

Value of share = $2 / (14% - 6%) = $25

$25 is the value of share after 3 year, to calculate today's value we have to discount it as below

Today's value of share = $25 x ( 1 + 14% )^-3 = $16.87

7 0
4 years ago
In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici
timama [110]

Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

Explanation:

The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.

3 0
3 years ago
Suppose that political upheaval in argentina has sparked rampant inflation. a. explain how this unexpected inflation would impac
ankoles [38]

All consumers including banks, even retirees, are directly impacted by inflation in terms of their income, savings, and spending.

How Inflation affects retirees?

  • When determining whether to boost the qualified retirement plan contribution limits or the monthly Social Security benefits, the federal government utilizes inflation as a baseline.
  • Pensions, on the other hand, may or may not increase in value with inflation, and private businesses frequently have internal guidelines for how and when to make cost-of-living adjustments.
  • The main worry for retirees is how inflation would influence their ability to spend their money on essentials like healthcare, travel, and recreation, all of which are expected to be more expensive during inflationary periods.
  • To guard against rising prices, retirees can diversify their sources of income, manage their savings, and make prudent spending decisions.

How will inflation impact banks?

Central banks, including the Federal Reserve, may raise interest rates in an effort to reduce inflation if it is rising while the economy is expanding. Consumer borrowing may slow down as a result of higher interest rates as they take out fewer loans.

Learn more about Inflation with the help of the given link:

brainly.com/question/28190771

#SPJ4

3 0
2 years ago
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