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3 years ago

What are the four C’s of lending ?

Business

2 answers:

Mrac [35]3 years ago

7 0

Character
capacity
capital
conditions

Alja [10]3 years ago

6 0

They are:
Capacity
Capital
Credit
Collateral

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Dj, inc., has net working capital of $2,170, current liabilities of $4,590, and inventory of $3,860.

jenyasd209 [6]

The above answer can be explained as under -

Given,

Current Liabilities = $ 4,590

Net working capital = $ 2,170

So, the current assets will be calculated as under -

Net working capital = Current assets - Current liabilities

$ 2,170 = Current assets - $ 4,590

Current assets = $ 2,170 + $ 4,590

Current assets = $ 6,760

The liquid or quick assets will be calculated as -

Current assets - Inventory = Quick assets

Quick assets = $ 6,760 - $ 3,860

Quick assets = $ 2,900.

Now,

1. Current ratio = $\frac{Current assets }{Current Liabilities}$

Current ratio = $\frac{$ 6,760 }{$ 4,590}$ = 1.47

2. Quick ratio = $\frac{Quick assets }{Current Liabilities}$

Quick ratio = $\frac{$ 2,900 }{$ 4,590}$ = 0.63

6 0

3 years ago

Read 2 more answers

A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O

viktelen [127]

Answer:

The cash paid on May 8 is: $5,880

Explanation:

Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.

The balance owed for merchandise = $6,500 - $500 = $6,000

On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.

The company took the appropriate discount:

2% x $6,000 = $120

The cash paid = $6,000 - $120 = $5,880

5 0

3 years ago

Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr

Anna007 [38]

Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.

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4 years ago

Read 2 more answers

siniylev [52]

<span>"D. job-specific training" I believe...</span>

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3 years ago

Beneficiaries are responsible for of prescription costs

Oksi-84 [34.3K]

Answer:

In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:

Monthly premiums

Annual deductible

Copayments or coinsurance

A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount

Explanation:

6 0

2 years ago