D. Lenders are worried that the borrower won't pay them back, and they assess how likely that is to happen by looking at the borrower's income, other assets, credit history, etc.
Answer:
a. radius = 0.0006m = 0.6mm and length =0.393m = 393mm
b. frequency =377.86Hz
Explanation:
Given:
mass of steel= 4g = 0.004kg
density of steel = 7890kg/m3
tensile stress of steel 7.0x10⁸
tension load =900N
from the density, we will calculate for the Volume of the steel string
density = mass/volume
volume = mass/density = 0.004/7890 = 5.07 x 10⁻⁷ m³
from the tensile stress will can get the maximum base Area of the string ,
tensile stress = load/area =
7x10⁸ = 900/A
A = 900/7x10⁸ = 1.29x10⁻⁶ m²
Area = πr²
area/pi = 4.105x10-7
radius = 0.0006m = 0.6mm
volume = Area x length
length = vol/area =(5.07 x 10⁻⁷ m³)/1.29x10⁻⁶ m² = 0.393m
b. the highest possible frequency is given by:
F = 
where T= tension, m=mass, L=length
F = 
= 297.04/0.786
frequency =377.86Hz
Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.
The quick ratio compares the total amount of cash + marketable securities + accounts receivable to the amount of current liabilities.
A. Inventory would be a factor in both of these ration (assets). In both of these industries, inventory would be low. You cannot readily stockpile energy and burgers are perishable items.
B. It is true that both of these industries would have low outstanding accounts receivable because people will need their power to survive and fast food places don't offer credit.
C. These two industries deal with cash mainly. Cash doesn't have to be physical currency, but accounts that can easily be paid.
D. Low current and quick ratios are actually signs of good management not poor management.
All of the above are correct EXCEPT answer D.
Answer:
77.27% or
(17/22)%
The loan will accepted
Explanation:
property value 550,000
haircut 125,000
550,000 - 125,00 = 425,000 mortage value
425,000/550,000 = 77.27% = (17/22)%
The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.
Answer:
Debit Accounts Receivable, credit Allowance for Doubtful Accounts.
Explanation:
To record the collection of accounts receivable previously written off when using the allowance method, the first step is to debit Accounts Receivable, and then credit Allowance for Doubtful Accounts. This purpose of this to reverse the already written off amount.
The next step after that is to complete the entries by debiting Cash, and crediting the Accounts Receivable to record the cash collection in respect of previously written off accounts receivable.
