Answer: Capacity
Explanation: Under the characteristic of capacity, the reviewing authority tries to evaluate the ability of the opposite party if they are competent enough to pay the loan.
In the given case Jessica considers the amount of liquid assets that the opposite party have, which is a reasonable criteria to understand the liquidity position.
Answer:
Some rewards come in the form of cash back, discounts on gas station purchases, and even travel miles. For those who use their cards regularly, earning rewards is one of the primary advantages of credit cards, as cardholders can redeem them for things they were going to purchase already as well as the occasional treat.
Explanation:
Answer:
(a) The Statement of cash flow
Explanation:
Income is ceaseless procedure where no vital vision is required. Since to run everyday activities you have to deal with the income so you can maintain your business admirably and productively.
While for The statement of purpose, company's degree, articulation of corporate goals and organization's systems you should have vital arranging since it will show the region where corporate will run in future.
Answer:
It will take approximately 55 years
Explanation:
<em>The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years</em>
FV = PV × (1+r)^(n)
FV= 50,000, PV = 4,000, n-?, r- 5%
50,000 = 4,000 × (1.05)^n
divide both sides by 4000
12.5 = 1.05^n
n= log 12.5/log 1.05
n = 51.8
The number of years = 51.8 + 3 years
=54.767
Approximately 55 years
It will take 55 years
Answer:
circle, two horizontal lines, square
Explanation:
Customer payment processing DFD is a flow diagram that represents every phase involved in customer payment processing. Different phases are represented by different pictorial representation. In that regard, Update receivables are represented by circles, account receivables are represented by two horizontal lines and credit manger by square. As the process moves the flow diagram is updated.
