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2 years ago

What will most likely cause a lender to approve credit?

Business

1 answer:

myrzilka [38]2 years ago

7 0

Answer:

Most payments paid on time.

Explanation:

The more you pay off the higher your credit score get the more you can buy.

You might be interested in

What is important to remember when asking a person to be part of your employment network?

AVprozaik [17]

The important thing to remember when asking a person to be a part of your employment network is that to always to think that an individual has their own strength and weaknesses and it’s up to you to take note whether it is an asset to the company.

3 0

4 years ago

Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan

Juli2301 [7.4K]

Answer:

net cash flow 26,800

Explanation:

NOTE: missing information attached.

Operating

net income 104,000

removal of non-monetary terms

depreciation expense 37,000

loss on sale of land 9,000

adjusted net income 150,000

<u>Changes in working capital:</u>

Increase in AR (22,000)

Decrease in Inventory 40,000

Prepaid increase (7,200)

Decrease in AP (16,000)

decrease interest paayble (5,000)

increase in tax payable 1,000

net change in working capital (9,200)

net cash generated from operating 140,800

investing

sale of land 31,000

purchase of debt securities (115,000)

cash used in investing activities 84,000

financing

cash dividends (30,000)

cash used in financing activites 30,000

net cash flow 26,800

beginning cash 227,800

ending cash 254,600

6 0

4 years ago

In terms of dollars, the marginal benefit of working five days a week instead of four days a week is A) the wages received for 4

dalvyx [7]

Answer:

B) the wages received for the fifth day of work.

Explanation:

Marginal benefit is the increment in benefit generated by an increase by one unit of output. In this situation, the marginal benefit is given by difference in wage of working five days a week from the wage of working four days a week. Therefore, the marginal benefit is the wage received for the fifth day of work.

The answer is alternative B)

7 0

4 years ago

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Th

Archy [21]

Answer:

Total equivalent units= 4,190

Explanation:

Giving the following information:

Beginning Work in Process (30% complete, $1,600) 250 units

Ending inventory of Work in Process (70% complete) 450 units

Total units started during the year 3,700 units

<u>We need to calculate the number of units completed and transferred out.</u>

Beginning work in process= 250*0.7= 175

Units started and completed= 3,700

Ending work in process equivalent units= 450*0.7= 315

Total equivalent units= 4,190

4 0

4 years ago

For each of the following scenarios, determine if it is an indicator of potential cash flow problems: (Hint: Review Chapter 5 Po

inn [45]

Answer:

a) yes

b) no

c) yes

d) no

Explanation:

a) if the A/R balance grow higher than the sales is an indicator that our collection cycle increase thus, customer extend their financiation providing less cash flow

b) this is the opposite as (a) here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand

c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.

If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.

d) no. It will not, as marketable securities are generally short-term and easily converted into cash in the short term. They do not generate cash flow problems in the long run as the company can sale them anytime to obtain cash.

6 0

4 years ago