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atroni [7]
3 years ago
12

What is the major reason(s) for consumer default on loans?

Business
1 answer:
denis-greek [22]3 years ago
6 0
<span>Major reasons for consumer default on loans can include: missed payments, either known or unknown. This has a negative effect on the consumer's credit score and can limit their chances to take out new lines of credit. A continuation of missed payments results in default. High interest loans are also a major reason for default.</span>
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Lyrx [107]

Answer: False

Explanation:

It is not an effective beginning for a direct reply letter. Although the message does include a clear and specific subject line that is located below the salutation, it does not place the most important information first in the opening of the message

7 0
3 years ago
Michelle, an Italian fashion designer, sells her merchandise by exporting it to the United States, United Kingdom, and Brazil. A
Pepsi [2]

Answer:

The answer is C. international trade

Explanation:

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3 years ago
Jon recently stopped a conflict with his girlfriend, Ana, and said to her, "You don't know how to have a disagreement without lo
barxatty [35]

Answer:

A. Meta-conflict

Explanation:

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5 0
3 years ago
Why do you think celebrities bother to involve themselves in politics?
vova2212 [387]

Answer:

Answer in explanation.

Explanation:

I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.

7 0
3 years ago
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Temka [501]

Answer:

D. All of the above

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The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

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2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.

<em>The purposes of the statement of cash flows are to;</em>

A. Predict future cash flows.

B. Evaluate management decisions.

C. Determine ability to pay debts and dividends.  

4 0
3 years ago
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