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3 years ago

In regards to credit, what does capacity mean?

Business

1 answer:

ch4aika [34]3 years ago

3 0

Answer:

The answer is (B) your perceived ability to repay your loans and debt.

Explanation:

Credit capacity refers to the maximum amount of money that an individual or entity can borrow from a loan provider. At an individual level, this amount might be calculated through the person’s current salary, mortgages and other loans the person have, and her or his savings and investments. At an organizational level, considerations might be current and projected revenue and profits, debts that the organization have, as well as past ability to pay the loans that the organizations have received previously.

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Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $250,000 and variable

Dmitry_Shevchenko [17]

Answer:

40,000 kits

Explanation:

The computation is shown below:

Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit

where,

Total contribution margin required is

= Total fixed cost + operating income

= $250,000 + $90,000

= $340,000

And, the

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit

= $11.50 - $3

= $8.50

So, the number of kits required is

= $340,000 ÷ $8.50

= 40,000 kits

8 0

3 years ago

What is 450x12 PLZ HELP ME I NEED HELP

bulgar [2K]

Answer:

5400

quick and easy thank u

6 0

2 years ago

If a stock split occurred, when calculating the current year's EPS, the shares are treated as issued:A. At the end of the year.B

son4ous [18]

Answer:

Correct answer is (C)

Explanation:

At the beginning of the year.

Earnings per share (EPS) is the portion of profit earned by the company that is allocated to each outstanding share of its common stock. It is determined by taking the difference between a company's net income and dividends paid for preferred stock and then divided by the average number of shares outstanding. So if stock split occurred when calculating the current year EPS, the shares are treated as issued at the beginning of the year.

7 0

2 years ago

Longordia Foods is expecting to generate after-tax income of $1,558,888, $2,933,312, and $3,261,712 for each of the next three y

Digiron [165]

Answer:

30.86%

Explanation:

It is a financial ratio used for the capital budgeting. It is the ratio of the average return generated by the capital asset and the its average book value in the given period.

Formula for ARR is as follow

ARR = Average Net Income / Average Investment

Average Net Income = ( $1,558,888 + $2,933,312 + $3,261,712 ) / 3

Average Net Income = $2,584,637

Average Investment = $8,375,000

Placing values in the formula

ARR = $2,584,637 / $8,375,000

ARR = 0.3086 = 30.86%

6 0

2 years ago

The disagreements between Hamilton and Jefferson led to a revised Constitution. a reformed Congress. new cabinet members. new po

son4ous [18]

Answer:

new politacal parties

Explanation:

im taking the test right now

5 0

2 years ago

Read 2 more answers