Business, 05.05.2020 01:28, jazzzzhands21
An individual makes $400,000 annually and asks a local bank for a $20,000 loan. An evaluation of their credit history indicates this individual already owes $500,000. For this reason, the bank rejects the loan application.
Which factor in this situation does the bank MOST LIKELY consider in its decision to reject the loan application?
A capacity
B capital
C character
D collateral
Answers: 2
Business, 22.06.2019 16:00, leo4687
Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?
Answers: 3
Business, 22.06.2019 23:10, smcardenas02
Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?
Answers: 2
Business, 24.06.2019 01:00, HelenKellerwasaSlutt
Caleb is very good at watching other people and interpreting how they will react, and is successful when negotiating with others. he is also very healthy and can lift heavy weights. which career is caleb most likely in? a. paralegal b. correction officer c. paramedic d. crossing guard
Answers: 1
An individual makes $400,000 annually and asks a local bank for a $20,000 loan. An evaluation of the...
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