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Digiron [165]
3 years ago
12

In basing a credit decision on the applicant's income, the credit extender must consider alimony, child support, and maintenance

payments as income.
a. True
b. False
Business
1 answer:
andriy [413]3 years ago
7 0
<span>The credit extender needs to consider all assets and sources of income in order to make a thoughtful decision. If the applicant is receiving alimony, child support, or maintenance payments this is significant and pertinent information, so the answer is a. True.</span>
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Parole violators account for more than half of prison admissions in many states.
Evgen [1.6K]

This is true Parole violators account for more than half of prison admissions in many states Parole is a popular sentencing option.

8 0
3 years ago
five (5) specific forces that are acting as stimulants for change, state and explain them with relevant examples.
In-s [12.5K]

Explanation:

It can be mentioned as the five specific forces that are acting as stimulators for change the forces:

  1. Competition
  2. Nature of the workforce
  3. economy
  4. Policy
  5. Technology

These are stimulating forces for change because they are factors that drive the change process so that organizational activities are able to remain and adapt in the market according to what happens in your micro and macro business environment.

Market competition is a factor that makes companies always willing to develop new methods, products and services so that they can achieve better results in the market search than competing companies. Integrated with the competition is the search for technology, which innovates the way in which techniques are developed and exists to facilitate and change work, as well as methods of using work forces.

Political and economic scenarios are also forces that drive change and the decisions that companies make in the market to seek better results and achieve their goals.

4 0
3 years ago
An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from a
gizmo_the_mogwai [7]

Answer:

B)an offset.

Explanation:

4 0
3 years ago
On December 31, 2022, Monty Company prepared an income statement and balance sheet and failed to take into account three adjusti
irga5000 [103]

Answer:

Salaries and Wages are owed so they are now liabilities. They are also expenses and will reduce the Net Income.

Rent Revenue was in advance for 2 months meaning one of those months will be December which is in the current period so;

= 7,520/2

= $3,760 will be added to net income for the year

The same amount will be removed from Liabilities as the revenue has now been recognized.

Depreciation reduces the value of Fixed assets so will be deducted from Assets.

It is also an expense so it will reduce Net Income.

Whatever happens to Net Income will happen to Stockholders' equity as well because Net Income is an Equity account.

5 0
3 years ago
By how much must a firm reduce its assets in order to improve ROA from 10% to 12% if the firm's operating profit margin is 5% on
Bond [772]

Answer:

ROA= 10%  TA = 2.000.000  

ROA=12%  TA         = 1.666.667

Reducction in assets    333.333

Explanation:

ROA=Net income/Average Total Assets

ROA = (net income / sales) x (sales / Total Assets)

ROA = Margin x Average total assets

10%=5%X(4000000/TA) 2,0 = 4000000/TA

12%=5%X(4000000/TA)  2,4 = 4000000/TA

ROA= 10%  TA = 2.000.000

ROA=12%  TA = 1.666.667

8 0
3 years ago
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