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3 years ago

Name at least four factors that a lender investigates when considering whether you are creditworthy.

Business

2 answers:

Vikentia [17]3 years ago

7 0

1.How responsible you are.
2. Living Expenses
3.Money owed
4.Current income

siniylev [52]3 years ago

5 0

Answer:

Income, cost of borrowing, default rate, collateral

Explanation:

When borrowing, you need to provide as much information about your financial life as possible to the lender. This is important because in a loan there are risks, for example default. Therefore, the lender will evaluate, among other things, your income, your payment history, the cost of the loan, the average default rate and the collateral you can offer. This causes the lender to minimize the chances of not getting the money back.

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Suppose that JVC is trying to decide how to price a new stereo system composed of a receiver, CD player, and speakers. The compa

Kisachek [45]

Answer:

The answer is "Receivers= 200, CD player= 75, Speaker= 250 , and Combined ( bundling )= 500".

Explanation:

As a Receiver

If the value of P = 250, purchase only by students then,

TR = 250 × 10,000 = 2,500,000

If the value of P = 200, buy by both forms

TR = 200×(60,000) = 12,000,000

And higher TR,

P = 200,

For the receivers fee of P = 200

Player CD

Where the value of P = 150

TR = 150 × 10,000 = 1,500,000

If P = 75,

TR = 75×(60,000)

Superior TR with P = 75,

Rapporteurs,

If P = 100, buy both

TR = 6,000,000

TR= 100 × (60,000)

If P = 250, then buy only the club owner

TR = 250 × 50,000

TR= 12,500,000

So taller TR with P = 250

Then the will to pay combined

250 + 150 + 100 = 500 For students

For club members, 200 + 75 + 250 = 525

So if P = 500, you buy both forms

TR = 500 × 60,000 people

= 30,000,000

If only club owners buy P = 525, then

TR = 525 ×50,000

TR= 2,650,000

The higher TR for P is 500.

5 0

3 years ago

Molly Jasper and her sister, Caitlin Peters, got into the novelties business almost by accident. Molly, a talented sculptor, oft

Paladinen [302]

a. The computation of Mollycaits' operating break-even point is 2,473 units ($4,500/$1.82).

b. The calculation of Mollycaits' EBIT on the department store order is $812.40 ($9,500 - $8,688).

c. If department stores' price were $9.51, the EBIT will be $5,387 ($14,075 - $8,688).

Note that for (b) and (c), the fixed cost is not considered.

d. Without paying more than $7.69, the quantity that will result in an EBIT of $3,700 is 4,505 units ($4,500 + $3,700)/$1.82

e. Varieties of Mollycaits = 15 with variable cost of $5.87

f. The recommendation to Molly and Caitlin with regard to pricing and varieties to offer is that, while the company can varieties to suit the needs of customers, it must ensure that it does not price them below $5.87, its operating cost.

Data and Calculations:

Special contract:

Units of figurines offered = 1,480

Sales value of offer = $9,500

Selling price per unit = $6.42 ($9,500/1,480)

Variable operating cost = $5.87

Contribution margin per unit = $0.55 ($6.42 - $5.97)

Normal business:

Estimated average price per unit = $7.69

Variable operating cost = $5.87

Contribution margin per unit based on average price = $1.82 ($7.69 - $5.87)

Fixed cost per month = $4,500

Thus, Molly and Caitlin can offer various types of figurine, but they must sell at least 2,473 units to break-even.

Learn more about computing break-even points here: brainly.com/question/9212451

5 0

3 years ago

Assume the following sales data for a company: 2015 $910,000 2014 $770,000 2013 700,000 If 2013 is the base year, what is the pe

Sindrei [870]

Answer:

The percentaje increase in sales is 10%

Explanation:

To calculate the percentage increase in sales from 2013 to 2014 yo need to calculate the differential in sales from year to year using 2013 as a base.

You need to use the following formula:

Sales differential: [(year1-year0)/year0]*100

In this exercise:

Sales differential= [(770-700)/700]*100=10%

2014 sales increased by 10% compared to 2013 sales.

3 0

4 years ago

Read 2 more answers

What legal action can be taken against a bully in the workplace?

guapka [62]

The employer can be sued

5 0

3 years ago

If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable.

pishuonlain [190]

If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.

Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.

Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.

Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.

Learn more about licensing statute here:- brainly.com/question/15443448

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3 0

1 year ago