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Katarina [22]
4 years ago
10

The equal credit opportunity act (ecoa) makes it illegal for lenders to refuse credit to or otherwise discriminate against which

applicant?
Business
1 answer:
Debora [2.8K]4 years ago
8 0

The Equal Credit Opportunity Act (ECOA) makes it illegal for lenders to refuse credit to or otherwise discriminate against a single person who receives public assistance.

The Equal Credit Opportunity Act, which is under the Consumer Credit Protection Act, makes sure that no borrowers are discriminated by lenders. When an applicant submits a request to know the reasons why their credit was denied, the creditors must provide them with it as stated in the Act.

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Jeff's Stereos is expanding its product offerings which includes increasing the floor inventory by $150,000, increasing accounts
Illusion [34]

Answer:

$310,000

Explanation:

The computation of the projected initial cash flow is shown below:

Project's initial cash outflow= Increased inventory + increased accounts receivable - increased debt + spending amount for the expansion of the size of the showroom

= $150,000 +  $35,000 -  $75,000 +  $200,000

= $310,000

We simply applied the above formula to find out the initial cash flow

3 0
4 years ago
When considering third-party service providers to host sensitive data, you should conduct a vendor risk review. What actions doe
Wewaii [24]

The actions do this include:

A)Test the vendor's hardware or software.

B)Ask the vendor to fill out a security questionnaire.

Vendor chance management (VRM), or 0.33-birthday celebration danger management, is the management, tracking, and evaluation of dangers that end result from 0.33-celebration carriers and providers of products and services.

An excessive-danger supplier is a 3rd-celebration vendor that has to get the right of entry to a agency's sensitive corporate information and/or handles its financial transactions and has a high risk of information loss. A high-threat seller is also a supplier that an organisation relies upon directly to run its operations.

A seller chance control application reduces the frequency and severity of statistics breaches, records leaks, and cyber attacks regarding 1/3 and fourth-parties, defensive touchy information, PII, PHI, and highbrow property and ensures business continuity.

Learn more about the vendor  here: brainly.com/question/24448358

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6 0
2 years ago
How does the BCG Matrix classify products?
tigry1 [53]

BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential. It classifies business portfolio into four categories based on industry attractiveness (growth rate of that industry) and competitive position (relative market share

5 0
3 years ago
All analysis of variance procedures require that the compared populations have equal variances.
nikdorinn [45]

Answer: b. False

All analysis of variance procedures <em><u>assume</u></em> that the compared populations have equal variances.

In all analysis of variance procedures, tests like F-test, Bartlett’s test, Levene’s test and Brown-Forsythe test are used to verify or test the assumption if k samples are from populations with equal variances.

When two or more populations have equal variances, we say that homoscedasticity or homogeneity of variances exist.

The F-test and Bartlett’s test yield best results only if the population is normally distributed. However, Levene’s test and Brown-Forsythe are known to yield good results for data that is not normally distributed.

7 0
3 years ago
In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm’
timofeeve [1]

Answer:

B. $6,844 million.

Explanation:

We know,

Net working capital = Current asset - Current liabilities

Given,

Net working capital = $(2,346) million

Current asset = $4,498 million

Putting the value into the formula, we can get

Net working capital = Current asset - Current liabilities

Current liabilities = - Net working capital + Current asset

Current liabilities = - (2,346) + $4,498

Current liabilities = $2,346 + $4,498

Current liabilities = $6,844 million.

Option B is the correct answer.

7 0
3 years ago
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