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yarga [219]
2 years ago
7

Why is a bank more likely to offer you credit if you have a cosigner?

Business
1 answer:
Brums [2.3K]2 years ago
5 0

Answer:

Because a cosigner is another person who is also responsible for ensuring the loan is paid.

Explanation:  A cosigner is a person who is signing on to the loan and by doing so, they are jointly taking on responsibility for repayment of the loan. So basically loan repayment is being guaranteed by the person taking out the loan and the cosigner.

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The kellys are planning for a retirement home. they estimate they will need $180,000 4 years from now to purchase this home. ass
Lesechka [4]
You need to calculate the present value. Present value = future value (1+r)^-n; 180,000(1.09)^-4 = 127,516.538; 127516.538/4 = 31879.13
8 0
3 years ago
An auditor knew that the purpose of her audit was to render reasonable assurance on financial statements that were to be used fo
FinnZ [79.3K]
<span>The auditor is generally liable to the bank which subsequently grants the loan for either ordinary or gross negligence.Gross negligence is defined as the extraordinary lack of regard that shows wilful or heedless carelessness for the outcomes to the security or property of another.On the off chance that one has acquired or contracted to deal with another's property, at that point net carelessness is the inability to effectively take the care one would of his/her own property. In the event that gross carelessness is found by the jugde it can bring about the honor of correctional harms over general and extraordinary harms.</span>
8 0
3 years ago
George is a manager at InnoBLAST Inc., a web-based applications company. In an attempt to promote new ideas, George decides to a
Vinil7 [7]

Answer:

The correct answer is letter "E": preparation and incubation.

Explanation:

English professor Graham Wallas (1858-1932) proposed a model to explain the steps the human brain follows in the creative process. Those steps are <em>preparation, incubation, illumination, </em>and <em>verification</em>. In the preparation stage, individuals define a problem and its dimensions. In the next step, incubation, the problem is analyzed only internally for reflection.

8 0
2 years ago
_____ is a way of producing a response to a stimulus by repeatedly pairing it with another stimulus that automatically produces
Anna [14]

Answer:

The answer is: C) Classical conditioning

Explanation:

Classical conditioning is a form of learning that pairs two stimuli; a conditioned stimulus becomes associated with an unconditioned stimulus. That way the association of both stimuli will produce a behavioral response.

A Russian psychologist named Ivan Pavlov was the first person to develop classical conditioning theory that's why some people call it Pavlovian conditioning.

3 0
3 years ago
Mauritiana uses standard costing for her shawls. She expects that a typical shawl should take 4 hours to​ produce, and the stand
PSYCHO15rus [73]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

She expects that a typical shawl should take 4 hours to​ produce, and the standard wage rate is $ 10.00 per hour. An average shawl uses 12 skeins of wool. Marina shops around for good​ deals, and expects to pay $ 3.30 per skein.

For ​ April, Mauriona​'s workers produced 200 shawls using 784 hours and 3,360 skeins of wool. Mauriona bought wool for $ 10,420 ​(and used the entire​ quantity), and incurred labor costs of $ 8,100.

1)

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 3.10

Direct material price variance= (3.3 - 3.10)*3,360= $672 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= [(12*200) - 3,360]*3.3= $3,168 unfavorable

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= [(4*200) - 784]*10= $160 favorable

Direct labor price variance= (SR - AR)*AQ

Direct labor price variance= (10 - 10.33)*784= 258.72 unfavorable

2)

Work in process                                        7,924                      

Direct material quantity variance            3,168

Direct material price variance                                        672

Material inventory                                                           10,420          

Work in process              8,000

Direct labor price variance       260

Direct labor efficiency variance              160

Wages payable                                      8,100

7 0
3 years ago
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