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Alisiya [41]
3 years ago
15

Of the "Five C's of Credit" which do you think is most important in determining someone's credit worthiness? Why?

Business
1 answer:
Pachacha [2.7K]3 years ago
5 0

Answer:

Character

Explanation: If you have borrowed money, you have most likely heard your lender discuss the Five C’s of Credit. Recently, many lenders have indicated that character of the borrower is the most important of the Five C’s, particularly in tough economic times. -https://www.farmprogress.com/most-important-c-credit

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All of the following are ways to calculate different versions of ROI​ except: A. Return on sales x investment turnover B. Income
Virty [35]

Answer:

The answer is D

Explanation:

The formula - Revenues​ / Total Assets is not one of the ways to calculate Return on Investment (ROI)

Return on Investment (ROI) is a ratio

net profit to cost of investment(total money invested the project or compnay)

The numerator must be profit while the denominator must be related to cost of Investment.

In all of the options, it is only option D that has revenue(sales) as the numerator which makes it automatically wrong.

7 0
3 years ago
uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, total maintena
rewona [7]

Answer:

$90,000

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High cost - low cost) ÷ (High machine hours - low machine hours)

= ($234,000 - $210,000) ÷ (24,000 hours -20,000 hours)

= $24,000 ÷ 4,000 hours

= $6

Now the fixed cost equal to

= High cost - (High machine hours × Variable cost per hour)

= $234,000 - (24000 hours × $6)

= $234,000 - $144,000

= $90,000

The high cost is computed below:

= 20,000 hours × $10.50

= $210,000

And, the low cost would be

= $24,000 hours × $9.75

= $234,000

7 0
3 years ago
Raymond Vernon noticed that in the 1960s, the wealth and size of the U.S. market was a natural incentive to develop new consumer
Ksivusya [100]

Answer:

The correct answer is d) product life-cycle.

Explanation:

The life cycle of a product is the evolution of sales of that product during its permanence in a given market. Depending on the product and the sector, its useful life may be greater or lesser. In addition, other factors also influence such as the administration's policies in the area where the product is marketed.

A product since it appears in the market does not always maintain the same sales trend. There are fluctuations that have to do with demand but can also influence other issues such as those related to legislation.

With regard to demand, it can happen, for example, that a product goes out of style or is replaced by a new one that meets the needs of the former. E.g. Think of the music player market, how many have we met? From the walkman, through the discman, then the Mp3, Mp4, Ipod, and even the mobile phone as a player. We can say that the discman, for example, had a fairly short life cycle.

In this regard in Economics there is a theory that explains the stages through which a product passes with respect to its production and sales, it is known as the theory of the life cycle of a product. It was defined by the American economist Raymond Vernon who assured that every product or service undergoes a similar market evolution.

3 0
3 years ago
Read 2 more answers
You had a part time job that paid you $950 in one tax year. Do you have to file a
noname [10]
Yes, you do have to file a tax return
6 0
3 years ago
Lily created comment cards to give to customers during the month of July. She takes all the feedback she received and determines
const2013 [10]
She works in marketing. Apex:)
8 0
4 years ago
Read 2 more answers
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