Creditors will decline your request for credit if they see that your income is insufficient to cover your debts.
Lenders will be reluctant to approve a loan if you have a bankruptcy on your credit report since it increases the risk involved.
Thus, Option B is correct.
<h3>Who makes the decision about your credit application?</h3>
Your information is provided to the credit reporting bureau, but the lender ultimately decides whether or not to extend credit.
The best course of action is typically to speak with the lender directly if you require more details especially regarding your denial.
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Answer:
Company strengths and weaknesses
Explanation:
SWOT analysis is a strategic technique that help to identify company´s risk or weakness and how to overcome with it´s strength and opportunity. It can be used at any platform. It is useful analysis for future course of action that help the company to grow and prepare itself from any possible threat.
SWOT stands for Stength, Weakness, opportunity and threat.
Answer:
$21.44
Explanation:
Calculation for the cost per equivalent unit for materials for the month in the first processing department
First step
Units completed and transferred out $7,500
Ending inventory($800+$8,400-$7,500)*70% Ending inventory =1,700*70%
Ending inventory =$1,190
Equivalent units for Materials $8,690
($7,500+$1,190)
Total materials costs $186,300
Second step
Cost per equivalent unit for materials=Total materials costs÷ Equivalent units for Materials
Cost per Equivalent unit for Materials $186,300÷$8,690
Cost per Equivalent unit for Materials=$21.44
Therefore the cost per equivalent unit for materials for the month in the first processing department is closest to $21.44
Yes, Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.
<h3>What is an agreement in contract?</h3>
In contract, an agreement is an element of what makes a contract valid. When an agreement is breached, then, the aggrieved party have a right to void the contract.
In conclusion, the answer is yes because Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.
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Answer:
Carpenter will have to pay taxes for a recognized gain of $150,000
Explanation:
When you are calculating taxes, you must use the adjusted a¿basis of the buildings.
Paul is exchanging a $450,000 building + $75,000 in cash for a $375,000 office building.
Paul's realized loss = $525,000 - $375,000 = $150,000
therefore Carpenter's recognized gain = $150,000
