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m_a_m_a [10]
3 years ago
10

Jamal tried to apply for a mortgage. However, he was turned down for the loan because the loan officer noticed that he had made

late payments to his credit card and he had not made payments on a loan. What questions should he have asked himself before deciding to buy a home
Business
1 answer:
tino4ka555 [31]3 years ago
7 0

Answer:

The two questions that he must ask from himself are:

  • Do you have credit report?
  • Do you have good credit score?

Explanation:

The reason is that the banks are giving you money and are worried about whether or not you are going to pay them back or not. So they require some evidences whether the person has any credit report and good credit score which shows that the person will be worried to pay the bank and if he is not able to pay he find alternative as he is a responsible person. So these two questions assesses whether the person is capable to pay the mortgage.

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The united states imposes a tariff on electronics imported from china. Which would be a result?
balu736 [363]

Americans purchase more domestically produced electronics.

China has ceased all product marketing to Americans. Chinese gadgets are becoming more affordable. Consumer demand for domestically produced electronics in the US rises as a result of the electronics trade with China.

An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.

Demand is the quantity of an item or service that customers are willing and able to purchase at a specific price in a specific time frame.

Demand theory explains how alterations in customer demand for an item or service have an impact on its market price.

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7 0
2 years ago
12-month bank loan in the amount of $45,000 had been obtained by the country club on November 1. Interest is computed at an annu
Thepotemich [5.8K]

Answer:

Debit: $300

Credit: $300

Explanation:

See attached picture for explanation.

7 0
3 years ago
What is the distinction between sales allowances and sales discounts?
kiruha [24]

A sales return occurs when a customer returns merchandise for a refund. A sales allowance is when they keep the problematic item but you reduce the price for them. If customers purchase with credit and make an early payment, a sales discount is a price reduction.

A sales discount is a price decrease that the seller offers in exchange for the buyer paying the vendor in full and on time. This strategy is frequently applied when a seller needs money right away.

A sales discount is a lower price that a company offers on a good or service. Find out how to add discounts to invoices. A sales discount, usually referred to simply as a "discount," offers clients of a business a lower price on one or more of the goods or services being provided.

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3 0
1 year ago
Trend analysis is one method of examining changes in a firm's performance over time, which the analysis of only one year's ratio
Anvisha [2.4K]

The given statement " Trend analysis is one method of examining changes in a firm's performance over time, which the analysis of only one year's ratios will not show " is TRUE.

Explanation:

The trend analysis can also be used to do a comparative analysis to assess the financial company's performance over a time period. Compared to quantitative statistics, the trend analysis is more efficient, making top management more successful and smart decision-making.

Trends in working capital management and its impact on firms' performance.

In the corporate and financial industries, pattern analytics are relevant. Trend analyzes are often used to make financial stability predictions and analyses. To order to determine how the business can do in the future, financial analysts analyze the previous results and existing financial conditions.

7 0
3 years ago
What do you think would be the implication of these personalities in the interpersonal relationships and task performance of emp
prisoha [69]

Explanation:

In working environment interpersonal relationship plays a paramount role in developing and stimulating

Trust and positive feelings and images among workers. This can be result in higher performance

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