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Pachacha [2.7K]
3 years ago
11

Refusing credit is unique bad-news message because The Fair Credit Reporting and Equal Credit Opportunity Acts require businesse

s to:
a. send a notice that they are declining the customer credit.
b. include the customer's credit score in the message denying credit
c. conduct a credit check on all loan applicants before denying credit.
Business
1 answer:
-Dominant- [34]3 years ago
4 0
C I sure it is correct
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A surplus can be best defined as:
ohaa [14]

Answer:

c) Having money left over after meeting your expenses

Explanation:

Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.

From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.

8 0
2 years ago
A common-size income statement is an accounting statement that expresses all of a firm's expenses as a percentage of:_______
pshichka [43]

A common-size income statement is an accounting statement that expresses all of a firm's expenses as a percentage of total equity.

In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often indicated by the percent sign '%', but the abbreviations 'pct.', 'pct', and 'pc' are also sometimes used. Percentages are dimensionless numbers. It has no units of measure. Wikipedia

The percent difference between two values ​​is calculated by dividing the absolute value of the difference between the two numbers by the average of those two numbers. Multiplying the result by 100 gives the answer as a percentage, not as a decimal. Finding 10% of a number means dividing by 10, so it's common to think that finding 20% ​​of a number requires dividing by 20. To get 10% of a number you need to divide by 10. Because 10 goes into 100 10 times. So to get 20% of a number, divide by 5. Because 20 goes into 100 5 times.

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7 0
1 year ago
You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,6
sweet [91]

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

3 0
2 years ago
In periods of low demand, companies can use direct marketing to target ________ customers and produce quick results.
KiRa [710]

There are different types of marketing.  In periods of low demand, companies can use direct marketing to target known customers and produce quick results.

Direct marketing is simply known to be a form of advertising that focus on targets of a person or company so as to generate new business, raise the profile of an organization or product and for sale.

This type of marketing channel are  emails, online adverts, flyers, database marketing, promotional letters, newspapers, etc.

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3 0
2 years ago
Suppose Ike’s Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is
Naddika [18.5K]

The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.

<h3>What is the short-run average total cost ?</h3>

The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The  short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.

Please find attached the complete question. To learn more about average cost, please check: brainly.com/question/26959638

6 0
1 year ago
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