Most loan officers need a bachelor’s degree and receive on-the-job training. Mortgage loan officers must be licensed. Loan officers typically need a bachelor’s degree, usually in a field such as business or finance. Because commercial loan officers analyze the finances of businesses applying for credit, they need to understand general business accounting, including how to read financial statements.
Some loan officers may be able to enter the occupation without a bachelor’s degree if they have related work experience, such as experience in sales, customer service, or banking.
Answer:
The days' sales in receivables are 78 days.
Explanation:
Days Sales Receivable is also know as Days receivables. It is an method of estimation of a company for the receivables value. it measure the numbers of days at average account receivable take after sales to convert into cash.
Formula for Days Sales Receivable is as follow
Days Sales Receivable = (Average Account receivable / Credit Sales) x 365
Average Account receivable = (Beginning account receivable + Ending account receivables) / 2
Average Account receivable = ($22,000 + $18,000) / 2 = $20,000
net Credit sales = $94,000
Placing Value in the formula
Days Sales Receivable = ($20,000 / $94,000) x 365 = 77.66 days
No it does not it is a non-alcohol soft drink
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I think your friend would decide how to allocate the productive resources he uses because in a market economy government had little and no control in what you do. So that would mean your friend would decide!!
Answer: the firm will have a temporary competitive advantage
Explanation: The firm in question would have a temporary competitive advantage. Competitive advantage describes something that places a company or business or a person above the competition such as value, rarity, difficult/costly-to-imitate amongst others. However, where a substitute is already in existence for such service, then the firm would have a temporary competitive advantage.