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4 years ago

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s

1 answer:

8 0

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s country of origin.
This is so as to prevent banks from stereotyping people and basing their decision on the person's country of origin. All people should be equal when it comes to getting the credit or not, as the decision should be based only on the income and the appropriate factors other than descent.

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Production and sales estimates for April for Crane Co. are as follows: Estimated inventory (units), April 1 19,000 Desired inven

melisa1 [442]

Answer:

a. 11,000 units

Explanation:

Particulars Amount

Expected Sales (units) 12,000 [3000+4750+4250]

Add: Ending inventory 18,000

Less; Beginning inventory 19,000

Number of units expected to be manufactured 11,000 

5 0

3 years ago

Anita is an entrepreneur who is interested in starting a hair salon. Anita consulted her friend Ali, who is a businessman, to ge

Varvara68 [4.7K]

ANSWER 1. Capital

EXPLANATION: Calculating capital is necessary for a business. It is the basic duty of an entrepreneur to calculate capital before starting any business to check the financial capacity of the entrepreneur. Calculating capital also helps to estimate if any outside finance is necessary to start the business.

ANSWER 2: Set of Services

EXPLANATION: Choosing and categorizing set of services is necessary before starting any business. This will help in acquiring expert and trained set of labors to carry out the work. The clients will also come to know of the services that are available in the business. Expert and trained set of labors are difficult to find in any market.

ANSWER 3: Total Cost of Ownership

EXPLANATION: Total cost of ownership is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. Each and every piece of equipment that Anita buys is added to the cost of the ownership of the business.

4 0

3 years ago

Read 2 more answers

All of the following actions lead to the payment of a credit card fee EXCEPT... Using your credit card to get cash from an ATM.

viva [34]

Answer:

Paying your credit card bill in full and on time every month.

Explanation:

The other choices will most likely prompt a fee to be charged.

4 0

3 years ago

Which of the following will cause the demand curve to shift? A. a change in the cost of raw materials B. more firms in the mark

salantis [7]

Answer:

D. a change in consumer income

Explanation:

There are two main reason for shift in demand curve left or right in addition to price:

Change in consumer income.
Change in preference.

Consumer income or earning affect the demand curve as according income of consumer, thier preference and priority changes. Example: Daily wages labor may have very less demand for Domino´s Pizza or starbucks coffee, however, manager of any MNC may have higher demand for Domino´s Pizza or starbuck coffee.

7 0

3 years ago

Which of the following items is included in GDP?

loris [4]

Answer:

B. All the above are included in GDP.

Explanation:

GDP is a measure of an economy’s total production and in most cases, it is used to determine how developed or how grown a certain economy is. To calculate the GDP, we take into consideration every form of production within the country. Factors such as consumption expenditure, private domestic investment, government spending, imports and exports are all determinants of GDP. Therefore, the sale of stocks and bonds, sale of services and the sale of used goods, collectively are included in calculation of GDP. Hence the correct answer is B.

7 0

3 years ago