a measure of a company's solvency, calculated by dividing the sum of net income, interest expense, and income taxe expense by interest expense

Answers

Answer 1

Calculated by dividing the total of net income, interest expenditure, and income tax expense by interest expense, this solvency indicator shows a company's capacity to make interest payments.

What is the stability to solvency ratio?

A low solvency ratio indicates an unstable financial condition, while a high ratio indicates stability. To get a clear view of the company's liquidity and solvency, potential investors utilize this figure in conjunction with others, like the debt-to-equity ratio, the debt-to-capital ratio, and more.

What is revealed by the solvency ratio?

The solvency ratio measures the efficiency with which a company's cash flow can pay down its long-term debt. Solvency ratios, which can be used to estimate a company's likelihood of going into default on its debt, are an important statistic for assessing a company's financial health.

The formula for calculating the solvency ratio.

It is calculated by dividing the sum of the business's debt obligations by the sum of its capital, which includes both equity and debt. Interest coverage ratio: This ratio demonstrates the company's capacity to pay interest to its creditors and lenders.

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Related Questions

Suppose your production costs increased. In 1 or 2 sentences, describe the effect of this increase on the quantity of goods you supply.

Answers

Answer:

In the product process, margins define much of the procedure. If production costs increase, the quantity of goods produced will almost always decrease given the price of raw materials stays consistent.

Explanation:

How many pounds of RCRA hazardous waste can a CESQG/VSQG generator per month

Answers

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

How to explain the information

CESQG (conditionally exempt small quantity generator) and VSQG (very small quantity generator) are two different classifications of hazardous waste generators under the Resource Conservation and Recovery Act (RCRA) regulations in the United States.

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

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A retailer prices an article at 50% above the cost price and reduce it by 30%. What is the percentage profit profit does now make​

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Answer:

What has many teeth but cannot bite.?

This incentive contract is based on a target price of $260,000 withexpected costs of $240,000 and target incentive of $5,000.Thecontract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?A.$5,000,B.$13,800,C.$11,000,D.$7,200

Answers

The seller's final fee is $7,200. which is option D. based on the incentive contract.

The seller's final fee can be calculated by subtracting the target cost from the actual cost and multiplying it by the share ratio.

First, let's calculate the difference between the actual cost and the target cost:
Actual cost - Target cost = $249,000 - $240,000 = $9,000

Next, we multiply the difference by the share ratio:
$9,000 * (80/100) = $7,200

Therefore, the seller's final fee is $7,200.

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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online

Answers

To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.

. Based on precedence diagram given below, use the longest task time heuristic to balance the line. Cycle time = 1.3 minute\

What is the balance delay?

Out of all workers placed which worker is the happiest (has most remaining time)?

. Based on precedence diagram given below, use the longest task time heuristic to balance the line. Cycle

Answers

Balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.

What is balance delay?

The amount of downtime on manufacturing assembly lines brought on by uneven work distribution among operators or stations is known as balance delay time.

It has to do with how the overall task is divided up and to what extent.

The jobs are arranged according to decreasing processing times according to the longest processing time rule.

The biggest job that is currently available will start processing whenever a machine is released.

The minimum makespan of a schedule can be determined using this approach, which is a heuristic.

The operational time needed for that element plus the times for all items that must come after it equals the positional weight.

The elements are arranged according to their positional weights in descending order.

Therefore, balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.

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Correct question:

What is balance delay?

Cushenberry Corporation had the following transactions. 1. Sold land (cost $12,000) for $15,000. 2. Issued common stock at par for $20,000. 3. Recorded depreciation on buildings for $17,000. 4. Paid salaries of $9,000. 5. Issued 1,000 shares of $1 par value common stock for equipment worth $8,000. 6. Sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.

Required:
For each transaction above, (a) prepare the journal entry, and (b) indicate how it would affect the statement of cash flows using the indirect method.

Answers

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

Sold land (cost $12,000) for $15,000.

Dr Cash                  15,000

Cr Land                                          12,000

Cr Gain on Sale                             3,000

Increase investing cash flows by 15,000. and 3000 gain will be deducted from operating activities

Issued common stock

Dr Cash                                            20,000

Cr Common Stock                                        20,000

Increase financing cash flows by 20,000

Recorded depreciation on buildings for $17,000.

Dr Depreciation Expense             17,000

Cr Accumulated Depreciation                      17,000

This will not affect cash flow.

Paid salaries of $9,000.

Dr Salaries Expense                     9,000

Cr Cash                                                          9,000

Decrease operating activities cash flow by $9,000.

Issued 1,000 shares of $1 par value common stock for equipment

Dr Equipment                                                8,000

Cr Additional paid-in capital Common Stock            7,000

Cr Common Stock                                                          1,000

It doesn't  involve any cash however affects the company financial position so it will be recorded in schedule of non cash financing and investing activities

Sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.

Dr Cash                                         1,200

Dr Accumulated Depreciation    7,000

Dr Loss on Disposal                     1,800

Cr Equipment                                                        10,000

There would be an increased cash flow of $1,200 under investing activities.

Which situation best illustrates an effect of the law of supply?
A. A restaurant loses customers when a similar restaurant opens nearby.
B.a theme park gains customers after it lowers its ticket prices
C. A car dealership increases the number of high cost cars it has for sale
D. A store stops selling a brand of phone that is too expensive for its customers

Answers

Answer:

C. A car dealership increases the number of high cost cars it has for sale

Explanation:

APE X

The situation that perfectly illustrates the effect of the law of supply is the increase in the number of cars for sale when the car dealership increases.

Option C is the correct answer.

What is meant by supply?

Supply refers to the products that are being manufactured by the producer for sale in the market.

The law of supply states that if the price of products available in the market tends to increase, then the suppliers will also produce more products. This shows a direct relationship between the price of goods and the quantity sold.

Therefore, the law of supply can be figured out from the increase in car dealerships, then the seller is provided with the high-cost cars.

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A service industry can provide the followings, except.
(a) Road construction (b.) Recreation (c.) laundry (d.) Hotel

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A service industry can provide the followings, except road construction.The service industry plays a vital role in the economy and society by offering a wide range of services that meet the needs and wants of consumers(Option A).

A service industry is a type of business that provides services rather than tangible products to customers. Examples of service industries include healthcare, education, hospitality, transportation, and professional services such as accounting and consulting.
Among the options given, the service industry cannot provide road construction. Road construction is typically done by government agencies or private construction companies that specialize in infrastructure development.
On the other hand, recreation, laundry, and hotel services are all common offerings of the service industry. Recreation includes activities such as sports, entertainment, and tourism. Laundry services involve the cleaning and pressing of clothing and linens, and hotels provide accommodations for travelers. By providing quality services, service providers can build strong relationships with their customers and gain a competitive edge in the market.

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Having more capital goods requires


spending more of our money on consumer goods


giving up some present day consumption


giving up some present day investment spending


increased government regulation about what should be produced

Answers

Answer:

spending more money on consumer

Elephant is a company dedicated to the sale and distribution of wine with Designation of Origin Ribera del Duero. It was founded in 1999 and since then its sales have been increasing.
Elephant (fictitious company), has a high quality product, has won some prizes and aims to become a reference for the younger consumers.
The company has created an online sales platform and proposes a new sales strategy, based on the online channel to reach a wider market share and surpass the reach of its stores to the virtual experience.
DEVELOP
Preparation of the Marketing Plan for Elephant’s proposal, presenting the strategy and actions that will form the implementation route of the online business in the Spanish market.
Analysis of the external situation.
It will be necessary to research the Spanish market in relation to the wine sector and an analysis of its competence.
In addition, a study of electronic commerce in Spain will be necessary.
Analysis of the internal situation.
Identify the target audience and the different customer segments and their positioning.
SWOT analysis to identify the weaknesses and strengths of the company, and the opportunities and threats from abroad.

Answers

Hi how are you doing today Jasmine

Elephant made the strategic choice to broaden its sales channel to the online platform in order to increase market share and outperform the reach of its physical stores. The objectives that this business plan is in line with are as follows:

within the first year of using the online sales platform, to improve sales revenue by 20%.

to draw in younger customers and establish a reputation among them in the wine industry.

to build a solid online presence and broaden brand recognition.

to give clients a seamless and practical online purchasing experience.

Product strategy: Elephant's online store allows them to provide a greater selection of goods, such as premium wines and limited editions.

Price strategy: Elephant can provide its wines on the internet market at affordable pricing.

Place strategy: Elephant can advertise its online shopping platform via social media sites and online media.

Promotion strategy: Elephant may reach out to customers using email marketing and advertise its online store.

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When others have helped you write a report, you usually thank them in an acknowledgments section somewhere in the report

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Answer: Acknowledgments are a section in a report where you thank and credit the individuals or organizations who have helped you in your work.

Explanation: In academic or professional writing, it is common practice to include an acknowledgments section in a report where you can thank and credit individuals or organizations who have helped you in your work. This section is typically placed at the beginning or end of the report, and is a way to recognize the contributions of those who have assisted you.

Acknowledgments could include thank you notes to individuals who provided their expertise, resources or time towards a research project, or those who supported you in other ways, such as colleagues, friends or family. The acknowledgments section is also a place to acknowledge funding sources that supported your research or project, or organizations that provided in-kind support.

It is important to acknowledge the contributions of others in your work as a sign of appreciation for their help, but also as a way of establishing transparency in your research or project. It helps to legitimize your work and makes it clear that you did not take credit for someone else's ideas or contributions. Additionally, acknowledging others’ contributions might create opportunities for future collaborations and working relationships.

Overall, the acknowledgments section is a crucial part of a report, as it helps to recognize the efforts of all those who have contributed to the work, and establishes the writer as a trustworthy and collaborative professional.

Robby decided to introduce conflict into his planning meeting, to stimulate intellectual discussion of different perspectives on issues. Robby believed that this was necessary because his subordinates were engaging in ________, that is, avoiding disagreement for the sake of remaining cordial.

a. domination
b. devil’s advocacy
c. groupthink
d. satisficing
e. goal displacement

Answers

The scenario regarding the employees avoiding disagreement for the sake of remaining cordial is E. Goal displacement.

What is goal displacement?

Goal displacement simply means when the original goals of an organization are taken over by another goal that's was developed.

In this case, Robby decided to introduce conflict into his planning meeting, to stimulate intellectual discussion of different perspectives on issues.

This was important as the new goal that was developed by the employees was about maintaining the relationship.

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What is one step in identifying the main idea of a text?

Group of answer choices

Determine what the text says about the topic

Go to the glossary and find words related to the topic

Look for the lesson the author wants the reader to learn

Use context clues to understand the meaning of new words

Answers

Answer:

i believe the first option " determine what the text says about the topic" might be the correct answer

Answer: the answer is c

Explanation:

I am way too late but i took the same test

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

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If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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What does trade allow for specialization?

Answers

Answer:

Trade allows specialization based on comparative advantage and thus undoes this constraint, enabling each person to consume more than each person can produce.

Explanation:

Type the correct answer in
the box. Spell all words correctly.
What happens to your tax liability with proper financial planning?
You can
your tax liability through proper financial planning.

Answers

Answer:

Proper financial planning reduces tax liability, making it less of a burden in achieving your short and long-term financial goals

Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years

Answers

The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.

When will U.S. Armed Forces provide financial aid?

The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.

During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.

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You will prepare a SWOT analysis using James Avery . As a reminder, your company's strengths and weaknesses are internal, issues you have control over and can modify. Opportunities and threats are external; matters going on outside your company, in the larger global market​

Answers

James Avery's strengths lie in its strong brand image, product differentiation, and customer loyalty, but it faces weaknesses in limited international presence and production constraints, while opportunities lie in market expansion and customization, and threats include intense competition and changing consumer preferences.

SWOT Analysis of James Avery:

Strengths:

Strong Brand Image: James Avery has a well-established and recognized brand known for its high-quality craftsmanship and unique designs.

Product Differentiation: The company offers a wide range of handcrafted jewelry pieces, allowing it to stand out in the market and cater to diverse customer preferences.

Customer Loyalty: James Avery has a loyal customer base due to its reputation for superior customer service, personalized shopping experiences, and long-lasting jewelry.

Vertical Integration: The company controls its entire production process, from design to manufacturing, ensuring quality control and efficient operations.

Retail Presence: With over 90 retail stores and a strong online presence, James Avery has a widespread reach, providing convenient access to its products.

Weaknesses:

Limited International Presence: The company primarily operates within the United States, limiting its exposure to global markets and potential customers.

Relatively High Price Point: James Avery's handcrafted jewelry often comes with a higher price tag compared to mass-produced alternatives, potentially limiting its market share among price-sensitive customers.

Dependency on Traditional Designs: While the company's traditional designs have been popular, there is a need to continually innovate and adapt to changing fashion trends to appeal to a wider audience.

Production Constraints: Handcrafted jewelry production can have limitations in terms of scalability and speed, which may affect the company's ability to meet increasing demand.

Opportunities:

Market Expansion: James Avery can explore international markets and expand its retail footprint to reach a larger customer base.

Online Sales Growth: The company can capitalize on the growing e-commerce trend by enhancing its online platform and digital marketing strategies.

Customization and Personalization: Offering customizable jewelry options can attract customers seeking unique and personalized pieces.

Collaboration and Partnerships: Collaborating with fashion designers or influencers can help James Avery reach new audiences and create exclusive collections.

Threats:

Intense Competition: The jewelry industry is highly competitive, with both traditional and online retailers vying for market share.

Economic Factors: Economic fluctuations, recessions, or changes in consumer spending patterns can impact discretionary purchases like jewelry.

Counterfeit Products: The presence of counterfeit jewelry in the market poses a threat to James Avery's brand reputation and sales.

Changing Consumer Preferences: Shifting fashion trends or evolving consumer preferences may require the company to adapt its designs and offerings to stay relevant.

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Jacob distributed a survey to his fellow students asking them how many hours they'd spent playing sports in the past day. He also asked them to rate their mood on a scale from 000 to 101010, with 101010 being the happiest.

Answers

Answer:

whats the question

Explanation:

Answer:

the answer is A 1.5

Explanation:

At a factory, total fixed cost is $2000. When 200 units of output are produced, average total cost is $18. What is total variable cost

Answers

Answer:

$237

Explanation:

If a factory's total fixed cost is $2000. When 200 units of output are produced, the average total cost is $18, then the total variable cost is $18.

What is Total Variable Cost?Total Variable Cost can be defined as the total of all the variable costs that would change in proportion to the output or the production of units and therefore helps in analyzing the overall costing and profitability of the company. It can be calculated by multiplying the number of units produced by the Variable cost per unit.

Total variable cost = Total quantity x Variable cost per unit of output

Here,

The given total fixed cost = 2000Total output = 200Average total cost = 18Average variable cost = Average total cost / Q

                                             = 18/ 200

                                             =0.09

Total variable cost = 200 × 0.09

                                        = 18

Hence, $18 is the answer.

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PLEASE HELP
Discussion of how business intelligence is used or could be used to support SpaceX's 3D printing process

Answers

Business intelligence (BI) can be employed to provide assistance to SpaceX's 3D printing procedure in several ways:

How business intelligence is used or could be used to support SpaceX's 3D printing process

Quality regulation: BI tools could facilitate the monitoring of the quality of 3D-printed parts, recognize errors anddefects, plus detect areas for advancement. By exploring data from the 3D printing step, SpaceX may discover structures and trends that hint towards potential troubles with both the design as well as fabrication process, allowing them to take corresponding adjustments.

Cost enhancement: BI tools might be implemented to investigatethe cost of 3D printing and pinpoint sections where price savings can be accomplished. For example, by examining information concerning material usage, labor costs, and equipment efficacy, SpaceX will be able to minimize expenditures while retaining greatness.

Process streamlining: BI tools may be exploited to optimize the 3D printing method by discovering hurdles, problems, or opportunities for betterment. For example, by studying data on utilization of machines and printing rate, SpaceX will recognize openings to escalate proficiency and reduce printing time.

Predictive maintenance: BI instruments could promote surveillance of health of 3D printers and anticipate when upkeep or renovations are needed. By evaluating data regarding functioning of devices and maintenance history, SpaceX would be capable of foreseeing repair needs  and arrange mending or substitution ahead of time, curtailing downtimes and heightening machine operability.

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What are some of the reasons businesses fail?

Answers

Answer:

The most common reasons businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.

Some of the reasons businesses fail are lack of knowledge, lack of planning, lack of management of resources effectively.

What is business?

An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.

A business can possibly fail when there is no planning of things like what to do and how to do it. For a business, to be effective, there should be a plan or roadmap which needs to be followed step by step in order to succeed.

A business will fail when it is unable to manage the capital as well as the workforce effectively and make optimum utilization of it in order to produce and achieve productivity in abundance.

When a business does not have expertise or knowledge about the field as well as current market trends and competitors it will go to fail as it is unable to cope with the trend

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When lenders are deciding whether to give someone a loan, they generally require the person applying for the loan to:
A.
pass a written test to show his or her mastery of financial concepts.
B.
prove that he or she makes enough money to pay off the loan.
C.
shut down all other bank accounts at different financial institutions.
D.
show that he or she has a college degree from a major university.

Answers

Answer:

for a fact the answer has to be B.

The checklist while granting loans are credibility, earning history, and ability to repay.

What should be checked before making a loan?

Lenders Consider 7 Factors when reviewing your loan application:

Your creditYour earnings and employment historyYour debt-to-income ratioThe value of your collateralThe size of your down paymentYour liquid assetsThe term of your loan.

When applying for a loan, one must demonstrate that he or she earns enough money to repay the loan.

Therefore option B aptly describes the checklist while granting loans.

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The following information is available for Birch Company at December 31: Money market fund balance $ 2,810 Certificate of deposit maturing June 30 of next year $ 15,200 Postdated checks from customers $ 1,525 Cash in bank account $ 22,631 NSF checks from customers returned by bank $ 670 Cash in petty cash fund $ 220 Inventory of postage stamps $ 20 U.S. Treasury bill purchased on December 15 and maturing on February 28 of following year $ 10,200 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:

Answers

Answer:

$35,861

Explanation:

Calculation for the Cash and Cash Equivalents on December 31 using this formula

Cash and Cash Equivalents = Money Market Fund Balance + Cash in Bank account + Cash in Petty Cash Fund + U.S. Treasury Bill

Let plug in the formula

Cash and Cash Equivalents = $2,810 + $22,631 + $220 + 10,200

Cash and Cash Equivalents = $35,861

Therefore the Cash and Cash Equivalents on December 31 will be $35,861

Gerald purchased a washing machine for $650 three months ago and is very unhappy with his purchase. Since then, he had to call for repair service twice. On each of these instances the repair company charged $50 for the service call just to go to his house. They also charged $20 an hour for labor. The first time they came they spent 2.5 hours, and the second time they came they spent 1.5 hours. Gerald wants to send a complaint letter to the manufacturer. He is seeking to return the defective machine and get a refund for his total expenses related to the washing machine. What amount should be put in his letter?

Answers

Answer:

Explanation:

Le montant total que Gerald a payé pour la machine à laver est de 650 $. Le coût total des services de réparation pour les deux instances est : 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 2,5 heures = 100 $ (première fois) 50 $ (frais d'appel de service) + 20 $/heure (frais de main-d'œuvre) × 1,5 heure = 80 $ (deuxième fois) Ainsi, le coût total des services de réparation est de 100 $ + 80 $ = 180 $. Par conséquent, le montant total que Gerald devrait mettre dans sa lettre demandant un remboursement est de 650 $ + 180 $ = 830 $.

Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability

Answers

Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.

Thus, the correct option is A.

What is Business strategy?

A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.

A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.

Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.

A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.

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Which of the following is not a feature of parliamentary democracy?

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You didn’t leave the options...

A counterfeit id is intended to an official document, but is not authentic

Answers

Answer:

If this is the case then it is not valid.

Explanation:

Any counterfeit id is illegal and should never be rendered to be used for any purpose in relation to official documents.

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