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Basile [38]
3 years ago
15

Harold and elaina are being considered for a car loan. the banker looks at their creditworthiness because he wants to be sure th

e bank will get the loan payments on time and that the loan will be paid back in full. the table below summarizes the information that was on their applications. application information questions harold elaina how many years have you had your job? 3 7 what is your monthly salary? $2,600 $2,250 how many credit cards do you have? 2 6 how much debt do you have? $3,000 $12,000 how many times were you late with payments on credit cards in the past year? 1 8 who will get the better loan rate from the banker and why? elaina because she has more credit cards available to her. elaina because she has had her job longer, which makes her look more stable. harold because he makes more money per month. harold because he pays his bills on time and does not have too much debt compared to his income.
Business
2 answers:
Fantom [35]3 years ago
6 0
<span>Harold because he pays his bills on time and does not have too much debt compared to his income.</span>
GenaCL600 [577]3 years ago
3 0

Answer:

Harold because he pays his bills on time and does not have too much debt compared to his income.

Explanation:

the income for both persons is quite similar but their credit history is substancially different.

Eliana has a lower salary but higher debt than Harold thus, his debt to income is higher. Elaina also fails in their payment. From the credit card we can assume is paying one by transferring to another credit card.

While Harold is a more reliable borrower as it has lower debt and pays on time for most of the time.

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Answer:

True.

Explanation:

The registration statement is a document that private company files with Securities and Exchange Commission (SEC). This document specifies the intent of private companies, that why they desire to share its stocks with the public. It specifies the securities of  registration, investment, etc.

When a company shares it registration statement with SEC and it is in the procedure of checking, the company is free to distribute its free-writing prospectus.

A free-writing prospectus is written communication that states the offer of selling the security. This document specifies the basic details about the issue. When the registration statement in the process of checking, the company is free to distribute free-writing prospectus. Thus the answer is true.

8 0
3 years ago
A property is being appraised using the income capitalization approach. Annually, it has an estimated gross income of $48,000, v
lions [1.4K]

Answer:

$368,000

Explanation:

In order to appraise the property using the capitalization approach, we must first determine a net cash flow:

net cash flow = $48,000 - $3,600 - $15,000 = $29,400

Now we calculate the property value using the perpetuity formula:

property value = net cash flow / capitalization rate = $29,400 / 8% = $367,500 which we must round up to $368,000

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Hey there. The answer to your question would be D. Determining the communication objectives. Hope this helps!
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