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spin [16.1K]
3 years ago
6

What does creditworthiness mean?

Business
1 answer:
Goryan [66]3 years ago
8 0
Creditworthiness<span> is a valuation performed by lenders that determines the possibility a borrower may default on his debt obligations. It considers factors, such as repayment history and credit score.</span>
You might be interested in
Brooke's Boutique sells clothing from around the world in the United States. Brooke regularly travels overseas to find the best
Step2247 [10]

Brooke is an importer.

<h3>Who is an importer?</h3>

An importer is a person who brings in foreign goods from other countries into another country. For example, if a person buys electronics from China and brings them to the US, the person is an importer.

Importing reduces the value of the gross domestic production of the country the good is imported to. This is because import is a negative function of GDP.

To learn more about import, please check: brainly.com/question/9509216

3 0
3 years ago
A property is generating $100,000 in income and has expenses of $25,000. The investor pays $3,000 toward mortgage principal each
Salsk061 [2.6K]

Answer:

$40,000

Explanation:

Calculation to determine the before-tax cash flow

Using this formula

Before-tax cash flow=Income-[Expense+(Debt service)]

Let plug in the formula

Before-tax cash flow=$100,000-[$25,000+($3,000 + $32,000)]

Before-tax cash flow=$100,000-($25,000+$35,000)

Before-tax cash flow=$100,000-$60,000

Before-tax cash flow=$40,000

Therefore the before-tax cash flow is $40,000

8 0
3 years ago
Which of the following are criteria for determining whether to record an asset as a fixed asset?
DochEvi [55]

Answer:must be long lived and used by the company in its normal operations.

Explanation:

6 0
3 years ago
The Thompson Supply company provides a full range of products for industrial construction. Thompson buys the product from its ma
Sindrei [870]

Answer:

The correct answer is 74.22%.

Explanation:

As per the data given in the question,

Store is open for = 6 days per week

Demand = 27 units per day

Standard Deviation of daily demand = 5 units

Lead time for delivery = 6 days

Reorder point of = 170 units

As per the following formula,

Reorder point = Daily demand × Lead time + z value × standard deviation × sqrt(Lead time),  

where z = implied cycle service level

170 = 27 × 6 + z × 5 × sqrt(6)

z = (170 - 27 × 6) / (5 × sqrt(6))

z = 0.65

From the Z table, Service level = 0.7422 or 74.22%.

8 0
3 years ago
Dunay Corporation is considering investing $750,000 in a project. The life of the project would be 11 years. The project would r
photoshop1234 [79]

Answer:

The Net Present Value is - $20324

Explanation:    

We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.

We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000

CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)

CF 1 160 inflow

CF 2 160 inflow

CF 3 160 inflow

CF 4 160 inflow

CF 5 160 inflow

CF 6 160 inflow

CF 7 160 inflow

CF 8 160 inflow

CF 9 160 inflow

CF 10 160 inflow

CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220

We now use our financial calculator and input these amounts into the calculator.

We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.

We get an answer of -20,32400407

We now need to put the amount into thousands. Thus = -20324,004

rounded to the nearest dollar we get - $ 20324

7 0
3 years ago
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