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spayn [35]
4 years ago
10

Lenders always accept applications for credit.

Business
2 answers:
Nikitich [7]4 years ago
8 0

Explanation:

Lenders always accept applications for credit.

False. Lenders analyze the client's ability to make the payment, noting some variables such as income, past payments, etc. This way, not everyone can get credit.

Credit cards all use the same interest and finance charges.

True. A credit purchase tends to cost more than paying cash. This is because credit purchases affect the amount of interest, increasing the value of the product.

Credit cards all use the same interest and finance charges.

False. Interest and finance charges depend on several variables. It depends on the customer and their financial history, ie the risk factor, their income etc. In addition, there are differences in interest charged by the different institutions.

One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it.

True. The credit increases the time to make the payment. Thus, the payment is not made at the time of purchase, making it an advantage for those who want to make a purchase and has no resources at that time.

Rasek [7]4 years ago
6 0
Lenders always accept applications for credit.False

Credit tends to cost individuals more than paying in cash.
True 

Credit cards all use the same interest and finance charges.
False

One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it. 
True

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What are the benefits of a cooperative work experience
cupoosta [38]

Answer:

Earns college credit for working in the job field related to his/her career or educational goals.

Has the opportunity to earn money while learning.

Learns what work in the related career field is all about.

Increases employability and earning power.

Increases the potential to advance within the career field.

Explanation:

4 0
4 years ago
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​Amber, Inc. provides the following information for​ 2019: Net income $ 330 comma 000 Market price per share of common stock $ 6
Levart [38]

Answer:

The earnings per share for 2019 is $1.78

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income) ÷ (weighted number of outstanding shares)

where,

Net income = $330,000

Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2

= (160,000 shares + 210,000 shares) ÷ 2

= 185,000 shares

Now put these values to the above formula  

So, the value would equal to

= $330,000 ÷ 185,000 shares

= $1.78 per share

6 0
3 years ago
The purpose of this category of interview questions is to learn about the interviewees personal attributes
taurus [48]

The purpose of this category of interview questions is to obtain factual information about the interviewee.

5 0
4 years ago
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How would a decrease in U.S. capital investment by Peruvians impact the supply of the Peruvian sol and the U.S. dollar price of
dlinn [17]

Answer: The Peruvian Sol supply will be reduced.

A rise in price of the Peruvian Sol against the U.S. Dollar.

The US dollars price for Peruvian Sol will increase.

Explanation:When there is a decreased Peruvian capital investment in the U.S. The need to source for the U.S. Dollar by Peruvian will decline,making the Peruvian Sol supply to the U.S. to decrease.

A decrease in capital investment by the Peruvians will ensure that they don't source for the U.S Dollar to buy for spending in the U.S economy.

This will lead to an increased U.S Dollar price for the Peruvian Sol due to a reduced supply of the Peruvian Sol.

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7 0
3 years ago
We covered various methods to identify the preferred alternative. For example, the rate-of-return (ROR) method states that the b
Olenka [21]

Answer:

The rate of return (RoR) of an investment calculates the net gain or loss of the investment over a period of time.  Then this gain or loss is expressed as a percentage of the investment's initial cost.  This return of return can be calculated as either the Internal Rate of Return (IRR) or the Minimum Acceptable Rate of Return.

The decision rule is based on ascertaining the economic attractiveness of a project.  The rule states that if the IRR exceeds the MARR, it shows that the investment is economic and beneficial.  If the IRR is less than the MARR, the investment is not economically beneficial.  When the IRR equals the MARR, it implies that the benefits from the investment equal the costs.

The purpose of this decision rule is to ensure that beneficial economic decisions are during investment planning.

Explanation:

The IRR (internal rate of return) of a project calculates the discount rate at which the net present value (NPV) of all cash flows from a project equals zero. The MARR (minimum acceptable rate of return) or the hurdle rate is the lowest rate of return that the project must earn to offset the investment costs of the project. Therefore, the rate of return is a determination of the percentage change in the value of the investment at the beginning of the period and at the end.

8 0
3 years ago
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