The state of being scarce or in short supply; shortage:
An example is scarcity of rain is drought.
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,

<u>Average days delinquent:</u>
This is calculated by subtracting the days sales outstanding (DSO) from best Possible DSO which is represented as
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Answer:
The correct total time is nineteen (19) days instead of twenty-one days.
Explanation:
Given the analysis of time for the project in parenthesis, it is feasible to merge some of the activities together by carrying them out simultaneously.
For example:
In the course of arranging and confirming the training facility to use which will last for 3 days, the development of the training material that ought to last for 5 days is brought down to a 2 days work because the initial 3 days for arrangement becomes vacant pending the reply on the final day. This brings the total days from 8 to 5.
Other days remain thus:
• Send an e-mail message to all department managers (1 day)
• Print copies of handout (2 days)
• Develop a set of PowerPoint slides (5 days)
• Conduct a practice training session with the instructor (2 days)
• Conduct the user training sessions (4 days).
Hence, total days are as follow:
5 +1 + 2 + 5 + 2 + 4 = 19 days.
Answer:
Correct Answer:
d. none of the above
Explanation:
Payback method is a simple accounting method used to projects incoming cash flows from a given project and identifies the break even point between profit and paying back invested money for a given process.
Answer:
Margin = 1%
Explanation:
To calculate the margin related to these year investment opportunity, we use the following method.
Margin = net operating income/ sales
Margin = $460,000/ $ 460,000
Margin = 1%