Delinquencies are reported when the loan is 30 or more days past due to the credit bureau. When the borrower is 90 or more days past due is stated to be a serious delinquency.
<u>Explanation:</u>
Delinquency is a situation in which the loan borrower fails to pay the loan or makes an overdue on the periodical payment.
<u>Delinquency rate:</u>
The percentage of loans within the loan portfolio of a financial institution whose payments are delinquent. The formula to calculate the delinquency rate is as follows,
<u>Average days delinquent:</u>
This is calculated by subtracting the days sales outstanding (DSO) from best Possible DSO which is represented as
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The argument above is a deductive reasoning. A deductive reasoning draws a conclusion from a series of premises that are held to be true. The argument also employs no informal fallacy. The confusion lies though on the first premise if it is true.
Answer:
The answer is B, both capital expenditure and dividends paid.
Explanation:
In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.
Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.
Answer:
Explanation:
A sole proprietor is a person who owns, manage, finance and organize a business firm.
It refers to an individual who owns a business that has not been registered as a business entity. Such business includes partnership, limited liability company (LLC) and a corporation.
A sole proprietor is responsible for decision making process of his business and also bears the burden of profit, loss and tax alone.
WHILE
An independent contractor is an individual who works for another individual. An independent contractor provides services to another person but he is not an employee of the other person. An independent contractor is a self employed person who provides professional services to a business organzation.
He is paid based on the amount of work done. Examples of independent contractor includes graphics designer, data analyst, web designer or IT expert.
