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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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A company that has just completed its Initial Public Offering has raised $200 million of capital and has been listed on the NYSE
coldgirl [10]

Answer:

1 year

Explanation:

Under the shelf registration rule the company has to wait for up to 1 year because it is madated  that the company file quarterly and annual reports with the SEC, before it can do an "add on" offering under the Security and Exchange Commission (SEC) Rule 415.

Note that the "add on" offering are additional shares issued by a company after going public inorder to raise cash or for expanding into new markets.

5 0
3 years ago
Read 2 more answers
ordinary annuity payments are made: a) at the end of the period b)yearly c)monthly d)at the beginning of the period e)none of th
Maksim231197 [3]
Usually it is done on a monthly payment, so I would say it is C. Monthly
3 0
2 years ago
Read 2 more answers
Lieutenant Commander Data is planning to make his monthly (every 30 days) trek to Gamma Hydra City to pick up a supply of isolin
nadezda [96]

Answer:

219.57 units

Explanation:

Given :

Daily demand, d = 7 per day

Standard deviation, = 2 per day

Service probability = 98%

Total number of days per week = 7

Lead time , L = 3 days

On hand inventory, I = 35

Now calculating the optimal order quantity by using the given formula,

$q=d(T+L)+ z \ \sigma_{r+L}-I$   .............(i)

First, we will find out the value of  $\sigma_{r+L}$ and z.

Therefore,

$\sigma_{r+L}=\sqrt{(30+3)(2)^2}$

        $=\sqrt{132}$

       = 11.48

Now the value of z can be found out from the z-table,

Z value for 98% service level = 2.054

Now putting the value of $\sigma_{r+L}$ and z in equation (i), we get,

$q=d(T+L)+ z \ \sigma_{r+L}-I$  

   = (7)(30+3)+(2.054)(11.48) - 35

   = 231 + 23.57 - 35

   = 219.57 units

So the optimal number of the units required to be order = 219.57 units

8 0
2 years ago
Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
VladimirAG [237]

Answer:

The correct answer is option C.

Explanation:

Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.  

All of this causes aggregate demand to decline. The aggregate demand curve moves to the left. This leftward shift causes both the quantity of output and price to fall. As output fall real GDP will decline as well.

3 0
3 years ago
Test Pilot, Inc. reported a net operating loss of $25,000 for its tax year ended December 31, 2018. Test Pilot reported income o
aalyn [17]

Answer:

Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.

Explanation:

Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent  year and therefore $5000 is carried forward to the year 2020.

6 0
3 years ago
Read 2 more answers
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