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Lilit [14]
3 years ago
15

Government regulations on credit aim to:

Business
2 answers:
Nimfa-mama [501]3 years ago
8 0

Answer:

C. Support those borrowing credit.

Explanation:

Government regulations on credit aim to support those borrowing credit because there should be controls in place to avoid financial institutions to take advantage of borrowers with credit conditions that are bad for them. Also, to avoid that individuals take a lot of credits that they won't be able to pay back and that will led financial institutions to bankruptcy. Because of that, governments put regulations in place to protect consumers.

Dominik [7]3 years ago
4 0

B. Help borrowers pay on time.

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Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and o
Korolek [52]

Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and operational stand point. Georgia agreed to perform "Feasibility Study".

<h3>What is Feasibility Study?</h3>

A feasibility study is an analysis that determines the chance of successfully completing a project by taking into account all pertinent economic, technical, legal, and scheduling issues.

The purpose of feasible study is-

  • An initial investigation of a prospective project or endeavour to assess its merits and viability is known as a feasibility study.
  • An unbiased analysis of a proposed project's technical, economic, financial, legal, and environmental issues is intended to be provided through a feasibility study.

There are four main elements that go into a feasibility study-

  1. Technical feasibility: The process of finding out how you're going to manufacture your good or service to see if it's feasible for your business is called technical feasibility.
  2. Financial feasibility: Your project's financial viability is determined by its financial viability. A cost/benefit analysis is part of a financial feasibility report and it examines
  3. Market feasibility (or market fit): Product-market fit occurs when an entrepreneur spots a gap in the market and develops a solution that consumers desire to purchase.
  4. Operational feasibility: The degree to which a proposed system resolves issues, seizes opportunities identified during scope definition, and satisfies requirements found during the requirements analysis stage of system development is measured by its operational feasibility.

To know more about feasibility study, here

brainly.com/question/15016731

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8 0
2 years ago
The following balance sheet information was provided by Western Company: Assets Year 2 Year 1 Cash $ 4,000 $ 2,000 Accounts rece
ICE Princess25 [194]

Answer:

The company's average days to collect receivables is 18.25 days.

Explanation:

For computing the company's average days to collect receivables, first we have to calculate the account receivable turnover ratio. The formula is shown below

Account Receivable Turnover ratio = Net credit Sales ÷ Average accounts receivable

where,

Net credit sales is given

And, the average accounts receivable = (Year 1 + Year 2) ÷ 2

                                                                = ($15,000 + $12,000) ÷ 2

                                                                = $13,500

So, Account Receivable Turnover ratio = $270,000 ÷ $13,500 = 20

Now, average days to collect receivables = Number of days in a year ÷ Account Receivable Turnover ratio

= 365 ÷ 20

=  18.25 days

Hence, the company's average days to collect receivables is 18.25 days.

7 0
3 years ago
A savings account that pays interest every month is said to have a _______ interest period.
LuckyWell [14K]
A savings account that pays interest every month is said to have a quarterly interest period.
3 0
3 years ago
Read 2 more answers
On July 1m 2017, Ling Co. pays $12,400 to Marsh Insurance Co., for a 2-year insurance contract. Both companies have fiscal years
Ronch [10]

Answer:

Journal entries

Explanation:

The journal entries are as follows

On July 1

Prepaid insurance Dr $12,400

     To Cash $12,400

(Being the payment is recorded)

On December 31

Insurance expense Dr $3,100

    To Prepaid insurance $3,100

(Being the insurance expense is recorded)

It is computed below:

= $12,400 × 6 months ÷ 24 months

= $3,100

6 0
3 years ago
Task 1 . The income (in thousand $) of 5 small companies labeled AA , BB , CC , DD , EE has been calculated and the results are
Georgia [21]

Answer:

yggjuytygyvcfryttgggv

Explanation:

7 0
3 years ago
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