Answer:
C. bad payment history
Explanation:
Creditworthiness is the term banks, and other lenders use to determine the risk associated with each customer. Credit score ratings place customers into different risk categories. A low credit score signifies a high-risk customer or low creditworthiness. Banks will extend credit facilities to a high-risk customer at a high-interest rate.
A customer with a poor loan repayment history has a low credit score. Tracy is being offered the loan at a high-interest rate due to her low creditworthiness. Her case would be different if she had a better credit score associated with a good loan repayment history.
Answer:
$300
Explanation:
<u><em>From Equipment Account we get :</em></u>
Cost of Equipment Sold = $12,000 - $8,200 = $3,800
<u><em>From Accumulated Depreciation Account we get :</em></u>
Accumulated Depreciation = $2,200 + $1,200 - $2,700 = $700
<u><em>Using Amounts above to prepare a Disposal Account - Equipment we get :</em></u>
Cash Proceeds = $3,800 - $700 - $2,800 = $300
Conclusion
The selling price of the equipment $300
Answer:
$100338000.
Explanation:
Given: Inventory carrying= $100338000.
As entire inventory is been sold at current price, then revenue of the company will increase by $100338000, therefore contribution margin will also increase further by $10033800 for the Andrew corp.
∴ Contribution margin= $100338000.
Inventory carrying cost are the cost of holding inventory for a period of time until it is sold. it include warehousing cost, cost for keeping inventory safe, etc.
Answer:
about 15%
Explanation:
this is done by simple math, ypu look at gpa and stuff and divide that from american population and you get about 15%