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3 years ago

What do you do if your lender rejects your loan application

Business

1 answer:

Dima020 [189]3 years ago

8 0

Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.

Explanation:

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Using the percentage minus−ofminus−sales method, the estimated total uncollectible accounts are $6,622. The Allowance for Uncol

Arturiano [62]

Answer:

C. $3,687.

Explanation:

amount of the adjusting entry for Uncollectibleminus−Accounts Expense

= $6,622 - $2,935

= $3,687

Therefore, The amount of the adjusting entry for Uncollectibleminus−Accounts Expense is $3,687.

4 0

4 years ago

Burke Tires just paid a dividend of D0 = $2.25. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year

andrew11 [14]

Answer:

c. $76.48

Explanation:

The value of the stock is the present value of future cash flows

First, calculate each year's dividend

First year dividend = D1 = D0 x ( 1 + first year growth rate ) = $2.25 x ( 1 + 30% ) = $2.925

Second year dividend = D2 = D1 x ( 1 + Second year growth rate ) = $2.925 x ( 1 + 10% ) = $3.2175

Second year dividend = D3 = D2 x ( 1 + Second year growth rate ) = $3.2175 x ( 1 + 5% ) = $3.378375

Now calculate the present value of each year's dividend

Present value of D1 = D1 / ( 1 + required return )^1 = $2.925 / ( 1 + 9.00% )^1 = $2.6834

Present value of D2 = D2 / ( 1 + required return )^2 = $3.2175 / ( 1 + 9.00% )^2 = $2.7081

Present value of D3 = [ D3 / ( Required return - Growth rate ) ] / ( 1 + required return )^2 = [ $3.378375 / ( 9.00% - 5.00% ) ] / ( 1 + 9.00% )^2 = $71.0878

Now take the sum of the present value of all the dividends to calculate the value of stock

Value of Stock = Sum of Present value of all dividend = Present value of D1 + Present value of D2 + Present value of D3 = $2.6834 + $2.7081 + $71.0878

Value of Stock = $76.4793

Value of Stock = $76.48

4 0

3 years ago

Macroprudential supervision policies try to prevent a leverage cycle by changing capital requirements so that they ________ duri

kramer

Answer:

so correct option is A) increase; decrease

Explanation:

solution

Macroeconomic policies or rules primarily target the overall financial risk management of the company. It seeks to control risk through various steps and actions.

Even in the given case,

Increasing capital requirements during expansion is great in performance expansion and performance is not good because capital requirements are not reduced during the period.

so correct option is A) increase; decrease

0 0

3 years ago

The Sarbanes-Oxley Act: Group of answer choices protects American consumers from fraudulent foreign business practices. imposes

Genrish500 [490]

Answer:

requires that financial officers and CEOs personally certify the validity of their financial statements

Explanation:

6 0

3 years ago

Mobile Sales has five sales employees which receive weekly paychecks. Each earns $11.50 per hour and each has worked 40 hours in

stepan [7]

Answer:

$1,771

Explanation:

Federal income tax = Gross pay × 12% = $2,300 × 12% = $276

State income tax = Gross pay × 3% = $2,300 × 3% = $69

Social security tax = Gross pay × 6% = $2,300 × 6% = $138

Medicare tax = Gross pay × 1.5% = $2,300 × 1.5% = $34.50

Disability insurance = Gross pay × 0.5% = $2,300 × 0.5% = $11.50

Gross pay = Hourly pay × Number of hours × Number of employees

= $11.50 × 40 × 5

= $2,300

Net pay = Gross pay – All deduction

= $2,300 – (276 + 69 + 138 + 34.50 + 11.50)

= $1,771

Please also see that attachment

8 0

3 years ago