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konstantin123 [22]
3 years ago
10

Cameron has applied for a loan to expand his young business. When bankers look for evidence of whether he will be able to repay

a loan, they usually base their assessment on what?
Business
1 answer:
Readme [11.4K]3 years ago
3 0

Answer:

what Cameron's firm has done in the past.

Explanation:

Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.  

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3 years ago
Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
vivado [14]

The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

<h3>What is underperformance?</h3>

This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.

An employee can underperformed also when the clearly set contract projection plan is low or when an  employee do not perform the  necessary duties of their role.

When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.

Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

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3 0
2 years ago
Mullineaux Corporation has a target capital structure of 46 percent common stock, 5 percent preferred stock, and the balance in
Jet001 [13]

Answer:

c. 11.02 percent

Explanation:

Weighted Average Cost of Capital (WACC) is the return that is required by the long term providers of Finance for the Business.

WACC = Ke × E/V + Kp × P/V + Kd × D/V

Where,

Ke = Cost of Equity

     = 15.8 %

E/V = Market Weight of Equity

       = 0.46

Kp = Cost of Preference Stock

     = 8.3 %

P/V = Market Weight of Preference Stock

      = 0.05

Kd = After tax Cost of Debt

     = 6.8 %

D/V = Market Weight of Debt

      = 0.49

Therefore,

WACC = 15.8 % × 0.46 + 8.3 % × 0.05 + 6.8 % × 0.49

           = 11.015 or 11.02 %

6 0
3 years ago
Showing the amount and nature of donor-imposed restrictions on the statement of net assets helps financial statement users to as
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Answer and Explanation:

Corporate responsibility

7 0
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The City of Kyle, Texas hired Wonderworks to put on its Independence Day fireworks show. Despite taking reasonable safety precau
algol [13]

Answer:

Franco will Lose if he sues as this was an accident.

Explanation:

This question tells us that the city of Kyle and the company wonderworks, had taken all reasonable precautions regarding safety while handling and launching the fireworks. So this is not a case of negligence neither is it a case of a breach of duty. So this case is going to be ruled as an accident if Franco should sue. Which is actually what it is.

6 0
3 years ago
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