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3 years ago

Delinquency occurs at how many days past due on your loan repayment?

1 answer:

5 0

Delinquencies are reported when the loan is 30 or more days past due to the credit bureau. When the borrower is 90 or more days past due is stated to be a serious delinquency.

Explanation:

Delinquency is a situation in which the loan borrower fails to pay the loan or makes an overdue on the periodical payment.

Delinquency rate:

The percentage of loans within the loan portfolio of a financial institution whose payments are delinquent. The formula to calculate the delinquency rate is as follows,

$\text{Delinquency Rate }=\frac{\text{Number of delinquent accounts}}{\text{total number of credit accounts}}\times100$

Average days delinquent:

This is calculated by subtracting the days sales outstanding (DSO) from best Possible DSO which is represented as

$\bold{\text{ADD= Days Sales Outstanding - Best Possible Days Sales Outstanding}}$

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The idea that only the government can organize economic activity in a way that promotes economic well-being fora country as a wh

Shkiper50 [21]

Answer:

The correct option is b

amounts to a denial of one of the basic principles regarding interactions among people.

Explanation:

That will greatly affect the economy if Government only organise economic activities, it will denial the basic principles regarding the interaction among the people. Therefore option b is the right option.

4 0

3 years ago

state courts have ruled that companies can be held liable for __________ if they fail to do adequate background checks. a. decep

Yakvenalex [24]

The correct option is (b) negligent hiring.

State courts have ruled that companies can be held liable for negligent hiring if they fail to do adequate background checks.

<h3>What is negligent hiring doctrine?</h3>

According to the doctrine of negligent hiring, a company is responsible for any injury its workers do to third parties if they knew or should have known that the employee posed a danger of doing so, or if a reasonable investigation would have revealed the risk.

The causes of negligence hiring are-

Whether the employee's unfitness was the cause of the injuries that resulted
Whether the employer knew or should have known (had the employer used ordinary care) of the employee's unfitness at the time of employment. Each state has a different liability standard.

An employer be concerned about negligent hiring and retention because-

An employer may be liable for real injuries, pain and suffering, and even punitive damages if they fail to discipline an employee who poses a danger of injury to coworkers, clients, and others.
The company may be held liable if these employees go on to commit careless or reckless conduct that could endanger others.

The elements of a negligent retention claim include all of the following:

An affiliation with a company.
The employee's lack of expertise.
The employer may have had actual or constructive awareness of the ineptitude.
An employee's action or inaction that resulted in the plaintiff's injuries.

To know more about the negligent hiring with example, here

brainly.com/question/24208900

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5 0

1 year ago

Which of the following is true of applications for employment?

AleksAgata [21]

Answer:

Explanation:

3 0

3 years ago

Read 2 more answers

Which of the following statements about the two alternative methods that may be used when preparing the statement of cash flows

Kipish [7]

Answer:

The following records won't be required in drawing up a cash flow statement:

a. Income statement (True)

b. Balance sheet (True)

c. Prospectus (False)

d. Financial statement notes (True)

e. Company news releases (False)

f. Statement of cash flows (True)

g. Stock price information and analysis (False)

h. Statement of shareholders' equity (True)

i. Management discussion and analysis of financial performance (False)

Explanation:

A cash flow statement is an element of the financial statement which helps investors identify the liquidity of the business.

It reveals in great details the sources and uses of the cash resources of the business, and gives true indication to the internal workings of management in wealth creation for the shareholders

Since its only concerned about the cash uses and sourcing, it means not all financial record of the business will be essential in drawing up a statement of cash flow.

8 0

3 years ago

Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and t

Salsk061 [2.6K]

Answer:

1.What is the dividend for the 1st year?

$2.67

2.What is the dividend for the 2nd year?

$3.31

3.What is the dividend for the 3rd year?

$3.90

4.What is the dividend for the 4th year?

$4.60

5.What is the dividend for the 5th year?

$5.43

6.Compute the present value of these dividends if the required rate of return is 14 percent.

1. $2.34

2. $2.54

3. $2.63

4. $2.73

5. $2.82

Explanation:

Last Dividend paid = $2.15

Growth rate:

First two years = 24%

Following three years = 18%

FV of Dividend = PV ( 1 + g )^n

Dividend for the 1st year = $2.15 x ( 1 + 24% )^1 = $2.15 x ( 1 + 0.24 )^1 = $2.15 x ( 1.24 )^1 = $2.67

Dividend for the 2nd year = $2.15 x ( 1 + 24% )^2 = $2.15 x ( 1 + 0.24 )^2 = $2.15 x ( 1.24 )^2 = $3.31

Dividend for the 3rd year = $3.31 x ( 1 + 18% )^1 = $3.31 x ( 1 + 0.18 )^1 = $3.31 x ( 1.18 )^1 = $3.90

Dividend for the 4th year = $3.31 x ( 1 + 18% )^2 = $3.31 x ( 1 + 0.18 )^2 = $3.31 x ( 1.18 )^2 = $4.60

Dividend for the 5th year = $3.31 x ( 1 + 18% )^3 = $3.31 x ( 1 + 0.18 )^3 = $3.31 x ( 1.18 )^3 = $5.43

6.The present value of these dividends

Present value of dividends can be calculated by following formula:

PV = FV / ( 1 + r )^n

FV = Dividend for the year

r = rate of return = 14%

n = number of years

1. PV = $2.98 / ( 1 + 0.14 )^1 = $2.98 / ( 1.14 )^1 = $2.98 / 1.14 = $2.34

2. PV = $3.31 / ( 1 + 0.14 )^2 = $3.31 / ( 1.14 )^2 = $3.31 / 1.2996 = $2.54

3. PV = $3.90 / ( 1 + 0.14 )^3 = $3.90 / ( 1.14 )^3 = $3.90 / 1.481544 = $2.63

4. PV = $4.60 / ( 1 + 0.14 )^4 = $4.60 / ( 1.14 )^4 = $4.60 / 1.68896 = $2.73

5. PV = $5.43 / ( 1 + 0.14 )^5 = $5.43 / ( 1.14 )^5 = $5.43 / 1.925416 = $2.82

5 0

3 years ago