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Nat2105 [25]
3 years ago
11

When a bank evaluates a person for a loan, what does the word "capacity" refer to? Question options: A) The ability to make paym

ents on time B) The amount of the loan in question C) Property that can be pledged to protect the lender D) The willingness to repay debts
Business
1 answer:
bija089 [108]3 years ago
4 0
I believe the correct answer would be A) The ability to make payments on time.
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<span>Clarion should expect to recognize interest revenue on their CD both on December 31st 2015 and May 1st 2016. They will receive it in December thanks to end of your returns and then it will pay out its full amount 6 months from the purchase date which is on May 1st of 2016.</span>
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Omkara, a furniture manufacturer, contracts with foam gnome for $50,000 worth of foam, which omkara will use for making ten sofa
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3 years ago
During a company's first year, the asset account, Office Supplies, was debited for $3,900 for the purchases of supplies. At year
fiasKO [112]

Answer:

The adjusting entry will be shown below:

Explanation:

The adjusting journal which is to be recorded in the following case will be:

Office Supplies expense A/c..............................Dr  $2,275

          Office Supplies A/c.........................................Cr   $2,275

As the amount $3,900 is already debited and at the year end, the remaining amount of office will be posted to the account of the office supplies expense against the office supplies account.

Working Note:

Amount = Debited amount of office supplies - Offices supplies on hand

= $3,900 - $1,625

= $2,275

5 0
2 years ago
Alex is a brand manager at a large corporation. For the last 14 months he has been reading and re-reading all the research data
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Alex is attempting to overcome Paralysis by Analysis.

<h3>What does "paralysis by analysis" mean?</h3>

According to Botnick, ruminating is the act of repeatedly spinning the same thoughts. But usually this overthinking doesn't produce any fresh insight. What ultimately causes the "paralysis," or inability to decide, is continuing to consider options when you already feel worn out and overwhelmed.

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To know more about Paralysis by Analysis, refer:

brainly.com/question/14897425

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8 0
1 year ago
A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to:________.
zhuklara [117]

Answer:

Consummation

Explanation:

A creditor must ensure that the consumer receives the revised Loan Estimate no later than four business days prior to consummation.

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