Answer:if the debt ratio is lower,the loan request should be granted but if it is higher the loan request should not be granted by the bank.
Explanation:
Debt ratio is a financial ratio which shows the ability of a firm to pay their debt as they fall due.lenders are more concerned with the liquidity position of a firm in order to guarantee the solvency of the firm whenever a loan is granted to such a firm. The debt ratio is used to know the financial leverage of a firm and the financial risk involved in lending to such firm. When a firm is said to be highly leverage it means that such a firm will find it difficult to pay their debt as they fall due because the liabilities in their balance sheet is more than their assets. Debt ratio is calculated as
Total Liabilities/ Total Assets
The Debt ratio is calculated from the Liabilities and Asset figures obtained from their balance sheet. When it is calculated, lower ratio is more preferable than higher rato because it means that a firm will find it easy to settle their debt to their lenders as that debt fall due.but a higher ratio is an indication that such firm will not be able to meet their debt obligation to their lenders as they fall due. Therefore, when a firm has a higher debt ratio it is not advisable to grant a loan to such a firm by the bank. As regard the loan request of Creek Enterprises from Springfield bank, if the debt ratio of Creek Enterprises is lower, the loan should be granted but if it is higher the bank should not grant the loan.
by automatically generating shipping forms
Answer:
The options are given below:
A. 4.3
B. 20
C. 23
D. 46
The answer is C. 23
Explanation:
In order to calculate this, we would need the following:
- Total number of people watching television in Houston households.
- Total number of people watch the show American Family in Houston households.
From the question above, we have:
- Number of households with televisions = 3,300,000
- Number of households watching the show= 759,000.
To calculate the rating, we have:
(759,000/3,300,000) X 100
0.23 X 100
= 23
Answer:
The answer is d: supported, suspended, and aerial lift trucks
Explanation:
An elevated temporary work platform is called a scaffold. Scaffolds can be divided into two categories:
Supported scaffolds are made up of one or more platforms that are held up by rigid parts like, for example, poles, frames and legs.
The scaffolds that hang from ropes or another pliable, above support, consisting of one or more platforms are suspended scaffolds
Aerial lifts, in particular, can be thought of as different kinds of supported scaffolds.
Answer:
a. $58,800
b. $57,820
Explanation:
Generally, notes are issued on the discounted or face value. It is face value when the price of the note is the same as the face value while it is discounted when the price of the note is lower than the face or par value.
a. Since the note is issued on the face value of $58,800 , it means that the proceed is the same amount. The proceeds from a note that is issued, is that price at which the note is issued.
b. Discount value
= $58,800 × 10% × 60/360
= $980
Proceeds
= Face/par value of the note - Discount value of the note
= $58,800 - $980
= $57,820
