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Umnica [9.8K]
2 years ago
6

What will most likely cause a lender to deny credit?

Business
1 answer:
8090 [49]2 years ago
7 0

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

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Gnoma [55]

Answer:

1. Outsourcing

2. Economies of scale

3. Tax avoidance

4. Employment of skilled labour

5. Wider consumer base

8 0
2 years ago
The LIFO inventory cost flow assumes that the cost of the newest goods purchased are: A. assumed to be the first ones sold. B. a
Nonamiya [84]

Answer: A. assumed to be the first ones sold.

Explanation:

Last in, first out is a method that's used in inventory such that the items that are produced recently will be the ones that will be sold first.

Using this method means that the goods recently produced or bought will be the first to be sold and recorded as cost of goods sold. This therefore means that the report on the inventory will be the lower cost of the old products.

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3 years ago
A profit maximizing monopoly's price is
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The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost: that is, MR = MC.

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2 years ago
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wel

Answer:

The correct answer is: enter the market; exit the market.

Explanation:

In a perfectly competitive market, there is no restriction on entry and exit of firms. So profits will attract other potential firms to join the market. And when the existing firm incurs losses it will cause them to stop operating and exit the market.  

Because of this, the firms in competitive settings are motivated to produce at a low cost and they come up with new ideas to please customers so that they earn a profit.

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3 years ago
What are assets ? A. Money and other valuables belonging to an individual or business B. Assessments on a partnership such as ta
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