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sveticcg [70]
3 years ago
13

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

Business
1 answer:
Maslowich3 years ago
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.

<u>Explanation:</u>

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

<u>Delinquency rate:</u>

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

<u>Average days delinquent:</u>

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

<u></u>\bold{\text{ADD= Days Sales Outstanding - Best Possible Days Sales Outstanding}}<u></u>

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How do we advice company on how to support each of it`s S.B.U
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2 years ago
Concord Corporation had 807000 shares of common stock outstanding at December 31, 2021. In addition, it had 150000 stock options
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846,000 shares

Explanation:

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Outstanding common stock = 807,000 shares

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4 years ago
A purely domestic firm that sources and sells only domestically, Multiple Choice should never hedge since this could actually in
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faces exchange rate risk to the extent that it has international competitors in the domestic market.

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