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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
Suppose an economy’s national accounts are GNP = 100, C = 70, I = 40, G = 20 and EX = 20 where GNP is gross national product, C
Marysya12 [62]

Answer:

Imports is 50.

Current account balance is -30.

Total savings is 30.

After tax reduction total savings is 10.

Explanation:

GNP is given as  100.

The consumption expenditure is 70.

The investment expenditure is 40.

The government spending is 20.

The exports are given as 20.

GNP = C + I + G + EX - IM

100 = 70 + 40 + 20 + 20 - IM

100 = 150 - IM

IM = 50

The current account balance is the difference between exports and imports.

Current account balance

= EX - IM

= 20 - 50

= -30

Total savings in the economy is the difference between disposable income and consumption.

Total savings

= Y - C

= 100 - 70

= 30

In case government reduces taxes, the private saving will increase while the public saving will decrease.

Private saving

= Y - T - C

= 100 - 10 - 70

=20

Public saving

= T - G

= 10-20

= -10

Total saving

= Private saving + Public saving

= 20 + (-10)

= 20 - 10

= 10

7 0
3 years ago
Which of the following statements is(are) true? I. Many firm experience a life cycle characterized by non-constant growth. II. F
Genrish500 [490]

Answer: both I and II are TRUE

Explanation:

Many firm experience a life cycle characterized by non-constant growth. And For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.

7 0
3 years ago
Read 2 more answers
Fern wants to work with a group of experts to find the best solution for a quality assurance problem with her company's new prod
horsena [70]

Answer:

Delphi method

Explanation:

Delphi method is defined as a structured communication technique. Initially it was developed as a interactive forecasting method which uses a panel of experts.

This method can also be used for face to face meetings.

Questionnaires are sent to panel of experts, anonymous responses are aggregated and presented to the group after each round. Questionnaires bare often sent through mail.

In this scenario where Fern wants to work with a group of experts to find the best solution for a quality assurance problem with her company's new product, the best option will be to use the Delphi method.

5 0
4 years ago
Prepare a bank reconciliation as of October 31 from the following information:
kakasveta [241]

Answer:

              Bank Reconciliation Statement as of October 31

Particulars                       Amount    Particulars                     Amount

Balance as per bank          $350      Balance as per books    $806

Add: Late deposit               $433      Less: Returned checks   $80

Less: Outstanding check    $66       Less: Error recordings    $9

          ($24+$42)                                           ($65-$56)

Reconciled Balance           $717        Reconciled Balance       $717

3 0
3 years ago
Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person
Shtirlitz [24]

Answer:

$300

Explanation:

Given:

Society A

Society B

Society A will pay $140 per unit  

Society B will pay $160 per unit  

Commonly pay $140 for two units produced.

Computation:

Society will pay total amount for the public goods = $160 + $140  

Society will pay the total amount for the public goods = $300

Therefore, $300 Is the total amount paid by society.

7 0
4 years ago
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