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3 years ago

A loan officer will use _____ to determine if you will be approved for a loan

2 answers:

6 0

The best word would be credentials. A loan officer will use your credentials in order for them to determine if you are rightful to have a loan. These credentials might contain information about you. It may contain your financial status, your credibility in paying your bills.

wlad13 [49]3 years ago

3 0

The correct answer would be :

The Four C's Of Lending

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The first step in the human resource planning process is forecasting. Forecasting is an attempt to determine the supply and dema

sesenic [268]

Answer:

Missing word "Roll over each of the items below to read about the proportion of marketing employees at different times. Then drag each item into the correct position in the matrix."

Note: The matrix in the question is attached as picture below

Year 2016

Sales mgr Sales Rep Sales asst. Not in

Organisation

2012

Sales Maintain Management Manager Manager

manager Management Representative Assistant Turnover

Position Demotion Demotion

Sales Rep Sales Rep Maintain Rep Rep assistant Sales Rep

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7 0

3 years ago

. Zoe Corporation has the following information for the month of March: Purchases $ 92,000 Materials inventory, March 1 6,000 Ma

rodikova [14]

Answer:

1. Cost of goods manufactured = $150,500

2. Net income = $36,500

3. Total Inventory = $61,500

Explanation:

Requirement 1

Zoe Corporation

Schedule of cost of goods manufactured

For the month ended March 31

Direct Materials:

Beginning Materials inventory $6,000

Add: Raw materials purchases 92,000

Raw materials available for use $98,000

Less: Ending Raw Materials 8,000

Direct materials used $90,000

Direct Labor 25,000

Prime Cost $115,000

Factory overhead 37,000

Total manufacturing cost $152,000

Add: Work in process, March 1 22,000

Less: Work in process, March 31 (23,500)

Cost of goods manufactured $150,500

Requirement 2

Zoe Corporation

Income Statement for manufacturing company

For the month ended March 31

Sales revenue $257,000

Less: Cost of goods sold

Beginning finished goods inventory $ 21,000

Add: Cost of goods manufactured (Req.1) 150,500

Finished goods available for sale 171,500

Less: Ending finished goods inventory (30,000)

Cost of goods sold 141,500

Gross Profit $115,500

Less: Sales and administrative expenses 79,000

Net operating Income $36,500

Requirement 3

Zoe Corporation

Balance Sheet

As at March 31

Inventory:

Materials $8,000

Work-in-process 23,500

Finished goods 30,000

Total Inventory $61,500

Inventory consists of all the ending materials, ending work-in-process, and ending finished goods. All the ending items need to be shown in the balance sheet because those inventories will remain at hand at the end of the period.

5 0

2 years ago

MC Qu. 141 Comet Company accumulated... Comet Company accumulated the following account information for the year: Beginning raw

artcher [175]

Answer:

the total factory overhead cost is $11,900

Explanation:

The computation of the total factory overhead cost is shown below:

= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment

= $2,700 + $5,700 + $3,500

= $11,900

Hence the total factory overhead cost is $11,900

The same should be considered and relevant

7 0

2 years ago

Gary Smith just launched a firm in the sports drink industry. He has decided to focus his efforts on appealing to extreme sports

grandymaker [24]

I think it is C: target market

8 0

3 years ago

What is the purpose of the owner capital account in the closing process? a.Owner capital is where the period's net income or los

Setler [38]

Answer:

The correct answer is a.Owner capital is where the period's net income or loss is transferred.

Explanation:

The income and expense accounts are canceled and closed at the end of each accounting period, transferring their balances to a summary bridge account entitled "profit and loss", where the balances are summarized. The amounts of the profit and loss account, which reflect the net profit or loss for the period, are transferred to the owner's capital account. These operations are necessary because:

Revenues really increase stockholders' equity, while expenses decrease it.
Through the accounting period these increases and decreases are accumulated in income and expense accounts, not within the owner's capital account.
Closing entries at the end of each accounting period transfer the net effect of these increases and decreases, from the income and expense accounts to the owner's capital account.

In addition, closing entries allow income and expense accounts to start each of the new accounting periods with zero balances. This is also necessary because:

The income statement reflects the income and expenses incurred during an accounting period and is prepared based on the information recorded in the income and expense accounts.
These accounts must begin each new accounting period with a zero balance, if it is desired that the end-of-period balances accurately reflect the income and expenses of said period.

4 0

3 years ago