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3 years ago

Why do lenders request to look at your credit report before you can borrow money?

Business

2 answers:

densk [106]3 years ago

6 0

Answer:

The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.

Explanation:

Credit reports are documents displaying the credit history of individuals. They allow lenders to know what the credit behavior of an individual is, thus, have an idea if that person could repay the amount of a loan or is likely to fall into debt. The three major credit bureaus in the U.S. are Equifax, Experian, and TransUnion.

lisov135 [29]3 years ago

4 0

Answer:

Explanation:

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Lexi Company forecasts unit sales of 1,600,000 in April, 1,280,000 in May, 930,000 in June, and 1,620,000 in July. Beginning inv

Alisiya [41]

Answer:

Month April May June

Purchases budget 1,832 1,140 1,206

Explanation:

Purchase budget is determined as follows:

Sales budget + closing inventory - opening inventory

'000

Month April May June July

Sales Units 1,600 1,280 930 1,620

Opening inventory (280) ( 512 ) (372 )

Closing inv.(40% of next mth) 512 372 648

Purchase budget 1,832 1,140 1,206

Note that the closing inventory for a particular becomes the opening inventory for the next following month.

For example, the closing inventory figure of April ( 512 ) is the opening inventory for May.

4 0

3 years ago

Use these wallpapers lol use me as your wallpaper and i give you brainlist also show me proof

siniylev [52]

Answer:

nice

Explanation:

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4 0

3 years ago

William runs a company that hauls toxic chemicals between factories. William is in compliance with all safety and environmental

choli [55]

Answer:

is strictly liable for all harms.

Explanation:

William's company deals in transportation of all the chemicals between various companies. As he is transporter, he is liable for any kind of default in transport of chemicals, or delivery associated with it.

Accordingly when there is an accident and there is failure in the form of spilling of chemicals then he shall be held liable to get it all clean, and if there are any fines on such environmental destruction.

This basically involves the basic understanding of responsibility towards any such transportation.

8 0

3 years ago

Room and Board has determined that $41,650 is the break-even level of earnings before interest and taxes for the two capital str

ipn [44]

Answer:

Interest rate on debt is 12.40%

Explanation:

Since break-even EBIT $41,650 , the equation of the two capital structure can be written as below:

EPS under the first capital structure=EPS under the second capital structure

Generally EPS =EBIT/weighted average number of shares in an all equity financed structure like the first one

EPS=EBIT-(debt*interest rate)/weighted average number of shares in a mixed capital structure

$41,650/15,500=$41,650-($65000*interest rate)/12,500

by cross multiplication

41,650/15,500*12,500=41650-(65000*interest rate)

33588.71=41650-(65000*interest rate)

65000*interest rate=41650-33588.71

interest rate=(41650-33588.71)/65000

interest rate=12.40%

6 0

3 years ago

Of the following types of administrative professionals, which one can expect to earn the highest salary?

krok68 [10]

Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.

The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.

7 0

3 years ago