Answer:
C. bad payment history
Explanation:
Creditworthiness is the term banks, and other lenders use to determine the risk associated with each customer. Credit score ratings place customers into different risk categories. A low credit score signifies a high-risk customer or low creditworthiness. Banks will extend credit facilities to a high-risk customer at a high-interest rate.
A customer with a poor loan repayment history has a low credit score. Tracy is being offered the loan at a high-interest rate due to her low creditworthiness. Her case would be different if she had a better credit score associated with a good loan repayment history.
Answer:
12%
Explanation:
Album Co. paid $12,000 for interest, and that is the stated interest of the bonds.
Stated interest = $12,000 / $200,000 = 6% semiannually, therefore the annual stated interest is 6% x 2 = 12%
The stated rate is applied to the face value of the bonds, regardless of their selling or trading price.
Answer:
$643
Explanation:
Collection in the month of August is made up of
- 20 percent of sales for August
- 70 percent of sales for the month for July
- 8 percent of sales for the month of June
Considering all the elements stated above,Collection in the month of August
= (20% × 610) + (70% × 670) + (8% × 650)
= 122 + 469 + 52
= $643
The firm’s operating cycle is equivalent to the sum of
the total number of days of a cycle of the receivables turnover and the
inventory turnover.
Receivables turnover = 365 days / 14.8 = 24.66 days
Inventory turnover = 365 days / 22.6 = 16.15 days
Operating cycle = 24.66 days + 16.15 days = 40.81 days
<span>Answer:
40.81 days</span>
Answer: None of the above
Explanation:
All of the above are correct.
For option A, Economists who advocate discretionary monetary policy do indeed believe that the monetary authority using this policy is more flexible to shape the best monetary policy to the existing circumstances.
Option B is also correct because Crowding out occurs when the government increases investment by borrowing which leaves less money for the private sector to borrow so they spend less. The government spent money here yet the private sector did not spend less so it is Zero Crowing out.
Option C by option B's explanation holds true because the entire amount the Government increased by was denied the private sector.
Option D is also true as not all Economists prefer rule-based monetary policy to discretionary monetary policy.
They are all true.
