Answer:
B. Check the person's credit history to make sure he or she pays debts on time.
Explanation:
Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.
One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.
Thus, the correct answer is option B.
One of the most common reasons why a project might fail is overconfidence. When we are overconfident, we tend to believe that we are properly prepared to do more than we actually are. We can build expectations that are not backed up by reality.
An example of this would be putting on a play in a theatre. A play requires a lot of preparation, as well as lots of practice. After a few practices, you might get overconfident and believe no more rehearsing is necessary. This could backfire if you are not ready to present the play. A thing you could do differently would be rehearsing much more and being more realistic about your expectations.
Three reasons that the Protectionist offer to support their position
is as follows: Imposing tariffs, campaign to support use of countries own
produced products, and controlling the exchange rate in their country. This policies
and reasons help their country to protect their own goods and will help their
economy rise.
Answer:
a. $265,300
b. $449,600
Explanation:
Product costs are all the costs incurred in directly manufacturing a product (direct labor and direct materials), while period costs are indirect costs and include overhead, S&A expenses, etc. Period costs occurrence is directly related to the passage of time, e.g. equipment will depreciate whether it is used or not.
product costs:
- Direct labor $93,400
- Direct materials $171,900
-
total = $265,300
period costs:
- Marketing salaries $54,500
- Property taxes, factory $12,500
- Administrative travel $103,400
- Sales commissions $53,800
- Indirect labor $43,700
- Advertising $140,300
- Depreciation of production equipment $41,400
- total = $449,600