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jasenka [17]
3 years ago
14

How does a lender use a credit report?

Business
1 answer:
Rom4ik [11]3 years ago
8 0
They get your credit report to see if they are still interested in extending credit to you.
You might be interested in
Research indicates that when it comes to the diversification-performance relationship, the highest economic performance occurs w
gulaghasi [49]

Answer:

Related diversification strategy.

Explanation:

Related diversification is a business strategy in which a business enter a new industry which has some similarities with a company's existing business industry. The highest economic benefit will be achieved by a business if it enters into related diversification strategy.

3 0
3 years ago
A government deficit has increased from 30 to 50. The country's trade deficit is 100 and private savings equal 65 and investment
viva [34]

Answer:

If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.

Explanation:

S - I = X - M, where

S = Sp + Sg, where

Sp: private saving

Sg: Public saving = T - G

Sp + T - G - I = X - M

or,

Sp - I = (G - T) - (M - X) = Budget deficit - Trade deficit

Initially,

65 - 30 = 90 - 100 = - 10

When budget deficit falls to 50,

Sp - 90 = 50 - 100

Sp = - 50 + 90 = 40

Therefore, If Ricardian neutrality holds true, after this change in the government's budget, private savings will equal 40.

7 0
3 years ago
Whispering Winds Corp. purchased a delivery van with a $52000 list price. The company was given a $4200 cash discount by the dea
Alex777 [14]

Answer:

$50,500

Explanation:

Calculation for by how much will Whispering Winds Corp. increase its van account

Using this formula

Increase in Van account =List price- Cash discount + Sales tax paid

Let plug in the formula

Increase in Van account=$52,000-$4,200+2,700

Increase in Van account=$50,500

Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500

4 0
3 years ago
An important application of regression analysis in accounting is in the estimation of cost. By collecting data on volume and cos
gulaghasi [49]

Answer:

(1) \text{Total Cost}=1246.67+7.60\ \text{Volume}

(2) The variable cost per unit produced is $7.60.

(3) The coefficient of determination is 0.96 or 96%.

(4) The estimated total cost is $5,046.67.

Explanation:

A regression analysis for the provided data is performed on Microsoft Excel.

The output is attached below.

(1)

The estimated regression equation that could be used to predict the total cost for a given production volume is:

\text{Total Cost}=1246.67+7.60\ \text{Volume}

(2)

The variable cost per unit produced is given by the slope of the line.

The slope of a regression line represent the value of the dependent variable for one unit of the independent variable.

So, the variable cost per unit produced is $7.60.

(3)

Consider the regression output attached.

The coefficient of determination is 0.96 or 96%.

This implies that the percentage of the variation in total cost that can be explained by production volume is 96%.

(4)

For Volume = 500 units predict the total cost as follows:

\text{Total Cost}=1246.67+7.60\ \text{Volume}

                 =1246.67+(7.60\times 500)\\\\=1246.67+3800\\\\=5046.67

Thus, the estimated total cost is $5,046.67.

4 0
3 years ago
Marla made a spreadsheet in Excel showing the projected costs for a concert she was putting on. What can Marla enter into cell A
aliina [53]

Marla will use the formula to find the updated cost.

=A2-A4-A6-A8-A10

Because A2 is budget and A4, A6, A8 and A10 all are expenses. So she has to budget-all expenses.

So option A=A2-A4-A6-A8-A10 is true.

<h3>What is a spreadsheet?</h3>

A spreadsheet is a computer program that can capture, display and manipulate data arranged in rows and columns. Spreadsheets are one of the most popular tools available with personal computers.

A single spreadsheet can be used as a worksheet to compile data for a purpose, or multiple sheets can be combined to create an entire workbook.

Learn more about spreadsheet here,

brainly.com/question/10509036

#SPJ1

4 0
2 years ago
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