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3 years ago

What best explains the relationship between a borrower's credit score and a down payment requirement?

Business

1 answer:

jeka57 [31]3 years ago

7 0

Answer:

Someone with a high credit score may be required to make a lower down payment.

Explanation:

A high credit score is an indication of good borrowing and repayment culture by an individual. It shows the individual makes prompt repayments on their debts, and they hardly miss on installments. A borrower with a high credit score is labeled as creditworthy or a low-risk customer.

A low credit score arises when a customer has a bad history of debt repayment. They have either defaulted or tend to miss on installments. A borrower with low credit is considered high-risk and likely to default on payments.

A lender will demand a high deposit from a borrower with a low credit score to cover for the high-risk involved in the transaction. A borrower with a high credit score is a low-risk customer and does not need to offer a high deposit to access credit.

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Smart manufacturing is achieved by instituting employee surveillance and monitoring.

Dima020 [189]

For a manufacturing process to be smart instituting employee surveillance and monitoring is very important.

<h3>What is Smart Manufacturing?</h3>

Smart Manufacturing also called CAD/CAM, computer aided design and computer aided manufacturing involves the integration of computer in the production of goods and services.

In recent times the concept of internet of things is being added to smart manufacturing for data collection

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6 0

2 years ago

Which of the following statements is true concerning income if manufacturing production exceeds units sold?A higher operating in

vova2212 [387]

Answer:

A higher operating income will result under absorption costing

Explanation:

If manufacturing production exceeds units sold there will be an increase in inventory and increases in inventory cause income to be higher under absorption costing than under variable costing.

Under variable costing, as its name suggests, only variable production costs are assigned to inventory and cost of goods sold.

Under absorption costing, normal manufacturing costs are considered product costs and included in inventory.

<em>Recognize that a reduction in inventory during a period will cause the opposite effect. </em>

<em>Specifically, a portion of the contents of the beginning inventory would be transferred to expense commensurate with the decrease in inventory. </em>

<em>Since the inventory contains less under variable costing, expect expenses to be lower and income to be higher.</em>

4 0

3 years ago

________ e-commerce is the online exchange between companies and individual consumers.

sweet [91]

<u>Business-to-consumer</u> e-commerce is the online exchange between companies and individual consumers.

B2C commercial enterprise-to-consumer e-commerce, additionally known as retail e-commerce, is a business version that entails income among online corporations and customers. B2C eCommerce is certainly one of the 4 most important eCommerce business models, the alternative three being B2B (business-to-commercial enterprise), C2B (customer-to-business), and C2C (consumer-to-consumer).

The term B2C is relevant to any commercial enterprise transaction wherein the customer at once gets goods or services -- which include retail shops, eating places, and doctor's workplaces. Most often it refers to e-trade groups, which use online systems to attach their products to consumers.

E-commerce (digital trade) is the buying and selling of goods and services, or the transmitting of finances or statistics, over a digital community, typically the internet. these commercial enterprise transactions arise both as enterprise-to-commercial enterprise (B2B), enterprise-to-customer (B2C), consumer-to-customer or consumer-to-commercial enterprise.

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3 0

2 years ago

At an output level of 17,500 units, you have calculated that the degree of operating leverage is 3.40. The operating cash flow i

belka [17]

Answer:

new degree of operating leverage = 3.009

new degree of operating leverage = 3.97

Explanation:

given data

output level X = 17,500 units

operating leverage = 3.40

operating cash flow = $59,000

solution

we will apply here operating leverage equation that is

operating leverage = $\frac{(P-V)*X}{((P-V)*X-FC)}$ ..........1

here we X is output level

and we consider here

(P-V)*X =T ....................2

so equation 1 will as here as

3.4 = $\frac{T}{T-FC}$

T = 3.4 T - 3.4 FC

2.4 T = 3.4 FC

$\frac{FC}{T} =\frac{2.4}{3.4}$

so now put T here from equation 2

$\frac{FC}{(P-V)*X} =\frac{2.4}{3.4}$

$\frac{FC}{(P-V)} =\frac{2.4*17500}{3.4}$

$\frac{FC}{(P-V)} =12352.9411$

now for operating leverage for X = 18,500 units

new degree of operating leverage

new degree of operating leverage = $\frac{X}{X -\frac{FC}{(P-V)}}$

put here

new degree of operating leverage = $\frac{18500}{18500 -12352.9411}$

new degree of operating leverage = 3.009

and

now for operating leverage for X = 16,500 units

new degree of operating leverage

new degree of operating leverage = $\frac{X}{X -\frac{FC}{(P-V)}}$

put here

new degree of operating leverage = $\frac{16500}{16500 -12352.9411}$

new degree of operating leverage = 3.97

3 0

4 years ago

a buyer purchases a home in an area where closings are traditionally conducted in escrow. which item would a buyer deposit with

Ostrovityanka [42]

The buyer should deposit earnest money to the escrow agent before the closing date .It is known as earnest money deposit (EMD).

<h3>Earnest Money: What Is It?</h3>

Earnest money is a deposit given to a seller to show that a buyer has the intention to make a purchase, like the purchase of a new house. With the money, the buyer has more time to secure financing, do a title search, have the property valued, and have inspections done before closing. Earnest money can be seen in a variety of ways, including as a down payment on a house, an escrow deposit, or good faith funds.

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3 0

2 years ago