How does saving compare to savings?

1 answer:

3 0

Answer:
A savings account is a bank account that allows you to set money aside and earn interest in the process. Some savings accounts pay a lower interest rate while other savings accounts offer higher interest rates that can actually help you grow your money.

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Debt analysis Springfield Bank is evaluating Creek Enterprises, which has requested a $ 3 comma 620 comma 000 loan, to assess

stepan [7]

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.

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The goal to identify whether some tasks are consistently performed poorly and/or whether there are deficient ksaos across the wo

Serjik [45]

The goal in order to identify if the task are performed in a poor or good manner and if there are any deficient KSAO’s in the workforce is known as the task analysis. This is a process about having to use observation as a way of having to understand tasks or details that are being performed and if the goal has been reach.

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3 years ago

Without division of labor, no specialization. Discuss

melomori [17]

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Read 2 more answers

Which of the following actions would improve your credit score

s2008m [1.1K]

If this question has the same set of choices like the previous ones, the answer is:
<span>Paying off your credit card bill.
</span>A credit score is a numerical expression of a person's credit files, to represent his creditworthiness <span>based on a level analysis. Paying off your credit card bill would improve your credit score. </span>

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3 years ago

You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. how long w

ruslelena [56]

For this case we have an equation of the form:
$y = A * (b) ^ x
$
Where,
A: initial amount
b: growth rate
x: number of years
Substituting values we have:
$y = 30000 * (1,039) ^ x
$
By the time the earnings increase to 75000 we have:
$75000 = 30000 * (1,039) ^ x
$
From here, we clear x:
$(1,039) ^ x = (75000/30000)

log1.039 ((1.039) ^ x) = log1.039 ((75000/30000))

$
$x = log1.039 ((75000/30000))

x = 23.95 years$
Answer:
you will have to wait until 23.95 years your winnings are worth $ 75,000

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