All categories

3 years ago

You are a loan officer at a bank. An applicant comes to

Business

1 answer:

oksian1 [2.3K]3 years ago

3 0

The bank would want to know the person’s credit history so the bank knows the person will repay the loan.

Read more about Arithmetic

brainly.com/question/22568180

Complete Question

Liam O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.39 per thousand dollars of insurance coverage Because Liam wants a $90,000 policy (which is 2.5 times his annual salary), the annual premium would be $755, with the first payment due immediately (i.e., at age 21). A friend of Liam's suggests that the $755 annual premium should be deposited in a good mutual fund rather than in the insurance policy. "If the mutual fund earns 9% per year, you can become a millionaire by the time you retire at age 65," the friend advises.

3 0

2 years ago

Victoria Enterprises expects earnings before interest and taxes (EBIT) next year of $ 2.5 million. Its depreciation and capita

Law Incorporation [45]

Answer:

Value of Victoria Enterprises= $21,498,285.71

Explanation:

<em>Free cash flow represents the amount that is left to all the providers of capital after the payment of all all operating expenses, working capital and investment in fixed asset expenditures. </em>

It is computed as cash flow made from operation less capital expenditures

For Victoria Enterprises

The Free cash flow

= EBIT(1-T) + depreciation- increase in capital expenditure - increase in working capital

= 2.5 × (1-0.4) + 0.295 - 0.295 - 0.053

= 2,500,000 × (1-0.4) + 295,000 -295,000- 53,000

FCFF= $1,447,000

Value of a firm = FCFF (1+g)/(WACC-g)

g- growth rate - 4%, WACC- 11%, FCFF-1,447,000

Value of Victoria = 1,447,000 × (1+0.04)/(0.11- 0.04) = 21,498,285.71

Value of Victoria= $21,498,285.71

3 0

3 years ago

Item weight is the:______________. 1. Measure of how much consumers demand a particular item. 2. Percentage of the typical consu

erica [24]

Answer:

2) Percentage of the typical consumer budget spent on the item.

Explanation:

In microeconomics, item weight refers to the money spent on purchasing a specific product with respect of the total money spent in total purchases. Item weight is usually measured as a percent of a specific purchase over the total purchases made by a consumer or household.

4 0

3 years ago

Kristi's Pottery sold 200 tiles at $25.00 each to a charge customer, terms 1/10, n/30. Which entry is required to record this tr

loris [4]

Debit Accounts Receivable $5,000; credit Tile Sales $5,000

4 0

3 years ago

Read 2 more answers

A form prepared periodically for each processing department summarizing (1) the units for which the department is accountable an

Kruka [31]

Answer:

B. cost of production report

Explanation:

The cost of production report summarizes all cost activities and its allocation in a department within a specified period of time. It contains the cost for each unit, amount of unit flow, difficulties faced during production.

The factory overhead production report compares actual fixed and variable cost to standard fixed and variable costs. Fixed cost are rent, taxes while variable cost are indirect labor, utilities.

manufacturing cost report contains all costs involved during the manufacturing of a goods such as cost of raw materials and direct labor.

process cost report summarizes the quantity of goods produced in each department as well as the cost incurred by each department.

4 0

3 years ago

Read 2 more answers