1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kykrilka [37]
4 years ago
10

If a credit application is rejected, the creditor must give you the specific reasons or tell you how you can obtain your credit

results if you ask within how many days?
Business
1 answer:
kolbaska11 [484]4 years ago
4 0
<span>the creditor must give you the specific reasons or tell you how you can obtain your credit results if you ask within 60 days

Accepted reason for this rejection could only be based on your financial situation and not your race/gender. Such as: you don't have enough income, you are not employed, you have too much debt, etc</span>
You might be interested in
An advantage of the _____ costing method is that the cost of goods sold approximates its current cost.
Komok [63]

Answer:

weighted average

Explanation:

An advantage of the weighted average costing method is that the cost of goods sold approximates its current cost. This is mainly due to the fact that the cost of each unit is made equal to the same cost of all units that are currently available for sale during that extended period of business. Therefore approximating its total current cost.

8 0
3 years ago
Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?
german

Answer:

  • <em>She should research the cost of living of different locations to compare against the offered salaries.  </em>
  • <em>She should research the benefits included in each offer. </em>
  • <em>She should research the average salary of similar positions to see if the offers are fair. </em>

Explanation:

  • Remember, the cost living at the different locations is good basis to determine how much the actual value of he salary will be worth. For instance if location A pays her $5000 a month and her living expenses from the location takes about $4500, while location B pays her $3500 a month with a living expense of $1000, then she rather goes for location B she has more extra income.

  • Secondly, the benefits included in salaries is also to be considered. Does it includes medical insurance, transport allowance etc.?

  • Third the average industry pay level would also help Ariel know whether to accept any of the offers or not.

8 0
3 years ago
Read 2 more answers
Major tire inc.'s manufacturing plant in charleston, south carolina was destroyed when hurricane hazel hit the coast. the compan
frosja888 [35]
<span>This is false. When a natural disaster strikes an area, this creates an exemption to the WARN Act. The company is not liable for not giving 60 days' notice to the employees before terminating their employment with the company.</span>
8 0
4 years ago
When dealing with a loan, who benefits from compounding interest more frequently, and why?
stepladder [879]

A) The lender benefits, because the interest compounded increases further interest calculations.

6 0
3 years ago
On January 2, 2014, Best Beverages acquired 45 percent of the stock of Better Bottlers for $30 million in cash. Best Beverages a
Alex787 [66]

Answer:

Calculation of 2014 equity in net income

Better Bottler's net income                      $1,125,000

($2,500,000* 45%)  

Less: Amortization of patents and           $450,000

trademarks  revaluation

(160-150* 1000,000/10 at 45%)

Less: Amortization of brand names          $270,000

($9000,000 /15 at 45%)

Equity in net income of Better bottles   $405,000

                                Journal entries

Description                                         Debit         Credit

Investment in better bottles        $405,000

Equity in net income of better bottle               $405,000

Cash                                                 $292,500

($650,000 * 45%)

investment in better bottles                             $292,500

b) Calculation of investment balance

Investment balance, Jan 2,2014                           $30,000,000

+ Reported income less dividends                         $5,400,000

($25,000,000 equity - $13,000,000 retained

earnings) * 45%  

-  4 yr of revaluation write off                                

($450,000 * 4)                                                         $1,800,000

($270,000 *4)                                                         <u>$1,080,000</u>

Investment balance, Dec 31, 2017                      <u>$32,520,000</u>

4 0
3 years ago
Other questions:
  • The zero coupon bonds of JK Industries have a market price of $211.16, a face value of $1,000, and a yield to maturity of 7.39 p
    14·1 answer
  • What are doctors paid by in the US and in the UK?
    9·2 answers
  • Your company has total wages of $321,000. Your revenue is $976,000. You have just read an industry journal that suggests that wa
    11·1 answer
  • Jones runs a television ad that shows her opponent smith in black and white looking tired toward the end of the ad jones appears
    14·1 answer
  • Jeremiah Restoration Company completed the following selected transactions during January: Jan. 1. Established a petty cash fund
    9·1 answer
  • James borrows $300,000 for a home from Bank A. Bank A resells the right to collect on that loan to Bank B. Bank B securitizes th
    14·1 answer
  • Consider a country that is operating under a system of flexible exchange rates. If the central bank in this country imposes an e
    7·1 answer
  • Suppose Hyperpolis’s GDP increases by 15% and its inflation rate is 12%, while Superpolis’s GDP increases by 6% and its inflatio
    12·1 answer
  • True or false: Researchers suggest that the one factor accounting for many of the failures of global teams is ineffective reward
    14·1 answer
  • A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!