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3 years ago

Bank loan applications require:

Business

1 answer:

barxatty [35]3 years ago

5 0

Answer:

detailed information from owners and the applying company

Explanation:

Banks require detailed information from the loan applicant and their company. The information is useful in assessing the applicant's eligibility for a loan. When issuing loans, a bank is concerned about the borrower's ability to repay. For this reason, the need will require the applicant to state the loan's purposes, how they intend to repay, income tax information, and the collateral to be provided.

The applicant has to give detailed information to convince the bank that they should get the loan.

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On an organization's board of directors, inside directors ____; outside directors _____. are supposed to be elected from outside

BigorU [14]

On an organization's board of directors, inside directors may be members of the firm; outside directors are supposed to be elected from outside the firm.
The board of directors is responsible for keeping the organization’s vision, mission, and strategic planning goals. Duties of boards include: choosing the CEO, approving major policies, making major decisions, overseeing performance, and serving as external advocate.

4 0

3 years ago

Noncompensatory stock option plans have all of the following characteristics except:__________

zmey [24]

Answer: d. A provision related to the achievement of certain performance criteria

Explanation:

While compensatory plans are used in order to compensate the employees of a particular company, the noncompensatory stock option is one whereby the employees of a company are allowed to purchase the stock of that company at a particular price t a specific price and at a particular time period.

Some of its characteristics include:

• participation by substantially all full-time employees who meet limited employment qualifications.

• equal offers of stock to all eligible employees.

• a limited amount of time permitted to exercise the option.

Option D that "provision related to the achievement of certain performance criteria" isn't a characteristics. Therefore, D is the answer.

7 0

3 years ago

100 million diluted shares outstanding trading at $37.50 per share. The company has $1 billion of debt outstanding with a cost o

Pepsi [2]

Answer:

$4,650,000,000

Explanation:

We will use the formula below to calculate the enterprise value of Correct inc.

Enterprise value = Market value capital and debts - Cash and investments

= 100 million diluted shares × 37.50 per share + $1 billion of debt outstanding - $100 million cash

= $3750m + $1000m - $100m

= $4,650,000,000.

4 0

3 years ago

All of the following are considered generic business-level strategies EXCEPT: product diversification. cost leadership. focused

babymother [125]

A product diversification is not part of a typical generic business-level strategies.

<h3>What is generic business-level strategies?</h3>

The strategy refers to a way of positioning a firm within an industry.

The focus placed on the generic strategies allows the executives to concentrate on the core elements of firms' business-level strategies.

The cost leadership. focused differentiation. integrated cost and leadership/differentiation are all generic business-level strategies.

Therefore, the Option A is correct.

Read more about generic strategies

brainly.com/question/24914419

7 0

2 years ago

You got asked to analyze a 5-year project for your firm. The project produces an annual revenue of $28,000, but requires an annu

irina [24]

Answer:

The interest rate is i = 53.82%

Explanation:

Initail cost = 18.000

Salvage value = 0

Life = 5 years

Annual revenue = 28000

Annual cost = 6000

Net revenue = 28000 - 6000 = 22000

Tax rate = 40%

Depreciation per year = (Purchase value - Salvage value ) / life = 18000 / 5 = 3600

Taxable income = Net cash flow - Depreciation = 22000 - 3600 = 18400

Tax = Tax rate * Taxable income = 0.4 * 18400 = 7360

ATCF = Taxable income - Tax + Depreciation = 18400 - 7360 + 3600 = 10960

Let IRR be i%, then,

-18000 + 10960 * (P/A, i%, 5) = 0

(P/A, i%, 5) = 18000 / 10960 = 1.642336

Using trail and error method

When i = 50% , value of (P/A, i%, 5) = 1.736626

When i = 51% , value of (P/A, i%, 5) = 1.711012

When i = 53% , value of (P/A, i%, 5) = 1.661749

When i = 54% , value of (P/A, i%, 5) = 1.638054

Using interpolation

i = 53% + (1.661749 - 1.642336) / (1.661749 - 1.638054) *(54% - 53%)

i = 53% + 0.819%

i = 53.82%

7 0

3 years ago