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Korolek [52]
3 years ago
14

You are a loan officer at a bank. An application comes to you for $5000 loan. Explain why you would want to know the persons cre

dit history
Business
1 answer:
Tems11 [23]3 years ago
5 0

A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments.

A good credit score means that the person receiving the loan is reliable and will be more likely to pay off the loan in a reasonable amount of time.

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Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician,
mojhsa [17]

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

3 0
3 years ago
In service blueprinting poka-yokes are procedures that block mistakes from becoming service defects. Group of answer choices Tru
steposvetlana [31]

Answer:

True

Explanation:

"Poka- yoke" is a Japanese term which relates to mistake proofing. The term signifies correcting accidental errors and preventing those from forming part of a product.

The term emphasizes upon creation of such manufacturing techniques which can be used for proofing errors so that operations can be carried out smoothly, efficiently and error free.

The term was first used by Shigeo Shingo. It represents a control measure which aims at detection of mistakes and errors on timely basis so as to avoid them from becoming part of the product.

4 0
3 years ago
Please do your best. 75% of my grade
Yanka [14]

Answer:

1.False

2.truth

3.truth

4.False

Explanation:

8 0
2 years ago
Which of these is an example of a financial asset?
kirza4 [7]

Answer:

bonds

Explanation:

Bonds are a financial asset in which companies invest. A bond essentially is a credit that a company ask for the market and have to repay in a given time.

3 0
3 years ago
According to Modigliani and Miller, a firm's value is determined solely by the earning power and risk of its assets and that the
Varvara68 [4.7K]

Answer:

True

Explanation:

Modigliani and Miller or MM hypothesis states that dividend policy of a firm plays no role in the determination of the market value of it's stock or the market value of the firm.

As per the theory, dividend policy of a firm is irrelevant and does not affect the value of the firm.

The theory maintains that under specific set of assumptions, the capital structure of a firm and it's composition does not play any role in determining the value of a firm and no capital structure can be termed as optimal.

It further states, the value of a firm is determined by capitalizing it's expected return with the firm's average cost of capital. Also, a firm cannot change the total value of it's securities by splitting it's cash flows into different streams such as dividends or retained earnings.

A firm's value is determined by a firm's real assets and not by it's issued securities.

5 0
3 years ago
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