Scott was denied the loan because he was not old enough to qualify.
<h3>What is the Payday loan?</h3>
Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.
According to the above situation, Scott is cannot get the payback loan because he is minor to sanction a loan. He must have the age of 18 years or above.
Learn more about payday loan here:
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Answer:
accounts receivable processing
or
order department
Answer:
Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.
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Answer:
38.5%
Explanation:
Rf = 8.0%
Rm = 18.0%
Beta = 3.05
RRR ?
from the given data the capital asset pricing model will be used to calculate the RRR
RRR = Rf + β (Rm - Rf)
=8.0 + 3.05 (18.0-8)
=38.5%
Answer:
$150,000
Explanation:
Given that
Total revenue = $800,000
Explicit cost = $450,000
Implicit cost = $200,000
The computation of the accounting profit is as shown below :-
= Total revenue - Total cost
= $800,000 - $650,000
= $150,000
Total cost = Explicit cost -Implicit cost
= $450,000 + $200,000
= $650,000
Therefore for calculating the accounting profit we simply deduct the total cost from total revenue.
