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3 years ago

Which three things do creditors consider to be most important when judging a persons creditworthiness to buy a house or car?

1 answer:

4 0

Creditors consider character, collateral and, capacity to be most important when judging a persons creditworthiness to buy a house or car.

Character - who you are as a person, honest, true, based on reports you are able and make payments on time.

Capacity - you're ability to make the payments and understand how to.

Collateral - what you own that they could take in a form of "payment" if you don't repay your loan.

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On March 15, Maxwell Plush sold and shipped merchandise on account for $6,000 to Kittson Amusement Park, terms FOB shipping

a_sh-v [17]

Answer:

(a)- Its assets will increase, as will its equity

Explanation:

The commercial terms state FOB shipping point therefore the transfer succeeds once the cargo enter the port.

The sale is thus completed. The revenue can be recognize thus, increasing the company's equity and assets.

Account receivable(+Assets) debit

Sales Revenue(+Equity) credit

8 0

2 years ago

With regard to the factors of production, "land" refers to which of these?

Orlov [11]

A) because that is they only one that actually makes sense

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2 years ago

Making ethical decisions takes moral awareness, moral judgment, and moral character. Define each term and explain how you would

erma4kov [3.2K]

Explanation:

Ethical awareness means knowing the activities done in personal life or in business dealing. for example incorporating of New Business without aware of the product advantages or disadvantages to the society.Say for example a manufacturing industries of Chemical without knowing its side effects over the environment,animals and on man, if hazardous gas leak outside.

Moral judgement in business is very important as it indicates the decision taken by manager,firm, or any one in the organisation on behalf of the other is affect to the whole group.Whether the decision is right or wrong or doesn't affect the entire group negatively. example Giving salary less than in mentioned papers is not doing right thing to the personnel which is against company morals. Moral characters are the individuals who is judged by his or her consistent qualities.

7 0

3 years ago

Read 2 more answers

Which career professional sets up, runs, and maintains equipment such as lights? Camera Operator

mylen [45]

I would say camera operator

3 0

3 years ago

Read 2 more answers

Clear Colors Corporation uses a predetermined overhead rate based on direct labor costs to apply manufacturing overhead to jobs.

belka [17]

Answer:

b. $ 2,000 overapplied

Explanation:

Firstly, we need to determine the predetermined overhead rate based on direct labor costs.

Estimated total manufacturing Overhead $ 350,000

Estimated direct labour costs $ 200,000

Predetermined overhead rate $ 350,000 / $ 200,000 $ 1.75 per $ of direct labour costs.

The total manufacturing overhead applied on direct labor costs of $ 208,000, is:

$ 208,000 * $ 1.75  $ 364,000

Actual overhead costs incurred $ 362,000

Manufacturing overhead over applied $ 2,000

7 0

3 years ago