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3 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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Other financial data for the year ended December 31, 2019: Included in accounts receivable is $1,200,000 due from a customer and

Kipish [7]

Answer:

$5,055,000

Explanation:

Note: The full question is attached below

Particulars Amount

Cash $875,000

Accounts receivable $2,695,000

Less: Installments not due in 2021 ($600,000) $2,095,000

[$1,200,000 - ($150,000 * 4)]

Inventory $2,085,000

Total of current assets $5,055,000

5 0

2 years ago

Two methods of capital investment analysis that incorporate the time value of money are:______.

babymother [125]

Two methods of capital investment analysis that incorporate the time value of money are -Net Present Value and Discounted Cash Flow

1- Net Present Value

Net Present Value reduces the expected future cash flows by a specific rate to arrive at their value in today's terms. After subtracting the initial investment cost from the present value of the expected cash flows, it can be determined whether the project is worth pursuing. If the NPV is a positive number, it means it's worth pursuing while a negative NPV means the future cash flows aren't generating enough return to be worth it and cover the initial investment.

2- Discounted Cash Flow

With DCF analysis, the discount rate is typically the rate of return that's considered risk-free and represents the alternative investment of the project. The present value is the value of the expected cash flows in today's dollars by discounting or subtracting the discount rate. If the result or present value of the cash flows is greater than the rate of return from the discount rate, the investment is worth pursuing.

To learn more about Net Present Value and Discounted Cash Flow here

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5 0

1 year ago

A liquidated damage provision will be enforced when: a technical breach of contract has occurred without causing any actual loss

ziro4ka [17]

Answer:

the amount specified is reasonable and actual damages are difficult to determine.

Explanation:

Liquidated damages provision is a contract that is drawn up between parties in a transaction. It defines the damages that will be paid by a party for non performance in a contractual agreement.

The liquidated damages provision is enforceable when a contract is breached and it is difficult to determine the amount of actual damage done. The next option will be to use the stated amount in the contract so far it is reasonable.

7 0

3 years ago

A trip arranged by a travel professional hat has at least two travel components is called?

ruslelena [56]

It would be A because the two components are adventure travel

4 0

3 years ago

Read 2 more answers

List the reasons for currency exchange

Alja [10]

Answer:

Access to foreign markets
Paying Imports
Selling Exports
Investing in foreign currencies
Travelling

8 0

3 years ago