Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with his current employer for a decade and makes enough income that making loan payments should not be a problem. However, he is still denied the loan.
Considering the "3 C's," what was likely the problem that kept Joseph from getting the loan?

Answers

Answer 1

Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

What are the Three C's of Credit?

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

CharacterCapacityCapital or Collateral.

Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.

Hence, the three C's of credit are explained above.

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Related Questions

hi i know this is random but this actress looks like someone famous to me and i can't figure it out. the actress is kristan stewart but she looks like someone else so i'm wondering who does she look like to y'all?

hi i know this is random but this actress looks like someone famous to me and i can't figure it out.

Answers

Answer:

she looks like elly or mary rose

Which career would organize, train, and support teachers and educational workers to help them provide better instruction? O distance learning coordinator O education administrator O instructional coordinator O regulatory affairs specialist Submit​

Answers

Answer:

C

Explanation:

Answer:

The most suitable career that would organize, train, and provide support to teaching professionals and educational workers regarding the execution of school curriculum is the instructional coordinator.

What is the work of the instructional coordinator?

An instructional coordinator is an individual who keeps a check on the syllabus and teaching practices developed by schools, state, and federal boards. They are also known to be curriculum specialists. They guide the school staff about the curriculum material and its successful implementation.

Therefore, the instructional coordinators are the ones who organize, train and provide guidance to the teaching personnel.

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Which of the following should show a profit in order for a financial institution to give a the company a loan

a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable

Answers

Answer:

A I think not really sure hope this helps you

Income statement. So answer is A.

Plz help me I’ll make u the brainliest ( I promise)

Plz help me Ill make u the brainliest ( I promise)

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Draw and explain the expansionary monetary policy graph, according to the inflation in the UK now

Answers

An expansionary monetary policy graph, in response to current low inflation in the UK, involves a downward shift in the aggregate demand curve as the central bank reduces interest rates.

The expansionary monetary policy graph in the current UK inflation context portrays the relationship between interest rates and aggregate demand. With low inflation, the central bank implements expansionary measures.

The graph displays a downward-sloping aggregate demand curve, representing the inverse relationship between interest rates and aggregate demand.

By reducing interest rates, the central bank aims to stimulate borrowing and spending, increasing aggregate demand. This policy leads to a downward shift of the aggregate demand curve, indicating a higher level of demand at each interest rate.

The new equilibrium point occurs at a higher level of output and a potentially higher price level, reflecting the desired increase in inflation. The expansionary monetary policy seeks to encourage economic growth by boosting consumer and investment spending, ultimately aiming to alleviate low inflationary pressures in the UK economy.

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HELP ASAP Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company provides discipline for bad behavior like giving
employees days off.
B. The company recruits college graduates instead of high school
graduates.
C. The company better plans for the number of employees to hire.
D. The company tells employees that their work matters.

Answers

Answer:

D. The company tells employees that their work matters.

Explanation:

Every employer desires to attract and retain the best workers.  Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.

Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.

The vast bulk of Marx's theoretical efforts consisted of a painstaking analysis of capitalism as a a. world economic system. b. tool of emancipation. c. mode of production. d. theory of hegemony.

Answers

The majority of Marx's theoretical efforts consisted of a painstaking analysis of capitalism as a world economic system.

What is capitalism?

A capitalism is an economic system whereby the citizen, manufacturer and producers independently runs the affairs of an economy production with no regulation from government.

Hence, the majority of Marx's theoretical efforts consisted of a painstaking analysis of capitalism as a world economic system

Therefore, the Option A is correct.

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In the Basic 4 Block SWOT (Strengths, Weaknesses, Opportunities, and Threats) which of these is considered to be a weakness? (A) Decreased customer esteem (B) Competitor technology (C) Limited history with manufacturing a particular technology (D) Declining market

Answers

In the Basic 4 Block SWOT (Strengths, Weaknesses, Opportunities, and Threats), a) decreased customer esteem is considered to be a weakness.

What is SWOT analysis?

SWOT analysis is a planning tool that businesses use to identify their strengths, weaknesses, opportunities, and threats. By examining these elements, companies can determine the most effective approaches to achieve their objectives. SWOT analysis helps businesses to align their goals and strategies with their internal and external environments.

In the Basic 4 Block SWOT, decreased customer esteem is considered to be a weakness. Therefore, option (A) is correct. A weakness is any aspect of a company that hinders its ability to achieve its goals. In this situation, decreased customer esteem could lead to a decline in revenue and an increase in customer attrition.

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Which of the following is NOT given as an example of research related to the intrapersonal context? A suspicion B father-daughter relationships C motivation of D business executives relationship dissolution

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The intrapersonal context refers to the inner psychological processes and experiences that occur within an individual.

It focuses on understanding thoughts, emotions, beliefs, motivations, and self-perception within oneself. Intrapersonal research investigates how individuals think, feel, and behave within their own minds and how these internal processes influence their overall well-being and behavior.

Motivation is a psychological construct that can be studied within the intrapersonal context.Relationship dissolution is the process of ending a relationship, which can also be studied within the intrapersonal context.

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From a consumer’s perspective, what are the advantages and disadvantages of personal selling? Explain.

Answers

In the customer level, personal purchases are helpful because you know next or nothing whatsoever about what you want, other than when you purchase a vehicle and need guidance about items such as forms and prices. However when you felt like you're really there to offer your cash, it can be disappointing on the part of the customer, not to really get anything out of the deal.

Margarita, age 30, used to work 80 hours a week as a corporate lawyer. this year she quit her job to take care of her five-month-old daughter. she is currently not looking for a job. the survey conducted by the bureau of labor statistics will count margarita today as choose one:

a. not in the labor force.

b. not in the working-age population.

c. a discouraged worker.

d. employed.

e. unemployed.

Answers

Answer: a) Not in the labor force

Explanation:

The category of people not in the labour force are those who either have no interest in working for someone, have retired, or has resigned(with no intentions to work for anyone). This category of persons have no interest in taking up job positions as they want to either rest, face another aspect of their life or can't work again due to their age. Margarita is in the category of those not in the labour force as she looks towards taking care of her daughter and won't be in for any job at the moment.

What is an economic indicator and why is it important? Use at least two complete sentences to provide your response.

Answers

Answer:

Answer is provided in two separate headings below.

Explanation:

Economic Indicator

They are briefly described as the figures used to understand the current position of the economy. Few examples of such are the Inflation rate, Gross Domestic Product (GDP), and Unemployment ratio compared to the populace.

Reason for Important

They are important because the information provided from them helps in grasping the state of the economy in the upcoming years. This data helps both the local and business individuals to make better decisions for their upcoming financial goals such as regarding the investment of capital, increase or decrease their employment level, buying property, etc.

What is the term for the act that businesses commit when they agree to set prices and increase their control of the market share?.

Answers

Across various market types, collusion can take many distinct forms. Groups as a whole get an unfair edge in each case. Price fixing is one of the most popular forms of collusion.

When organizations or people band together to manipulate a market or pricing for their own gain, this is called collusion. Price manipulation, coordinated advertising, and the sharing of insider knowledge are examples of collusion.

Collusion is discouraged by whistleblower and antitrust laws. Price fixing happens when a given supplier market has a small number of firms, a situation known as an oligopoly. This small group of companies collaborate to establish the pricing for the same product they both sell.

Companies synchronizing their marketing campaigns run the risk of engaging in collusion. For an added benefit, the cooperating businesses in this scenario might want to restrict the consumers' understanding of a good or service.

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Companies go through different phases to reach product/market fit. These phases are the:

A) the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
B) idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.
C) idea stage, the traction stage, the monetization stage, and the growth stage.
D) idea stage, the prototype stage, the launch stage, the traction stage, and the growth stage.

Answers

Answer: D is the correct answer.

Explanation: The different phases to reach the product/ market fit are:

The idea stage: It is the first stage, where the idea of a product comes into existence.The prototype stage: here, the idea converts into a modelThe launch stage: the product is launched in the market for the consumers.The traction stage: the initial progress of a startup and the momentum it builds as it grows.The growth stage: the consumers have accepted the product and are buying it.

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what was he effect of Amazon on the local economy in the 2010's
. How did technology help this company gain dominance?

Answers

Positive Effects of Amazon on the local economy in the 2010s are Job Creation, Economic Growth, Innovation, and Technological advancement. Negative Effects are Disruption of Traditional Retail, Labor and Working Conditions, etc.

Amazon's impact on the local economy in the 2010s can be described as significant and transformative. The company's rapid growth and expansion had both positive and negative effects on various aspects of the local economy.

Positive Effects:

Job Creation: Amazon created a substantial number of jobs, both directly within its fulfillment centers, customer service centers, and corporate offices, and indirectly through its network of third-party sellers and delivery partners. This contributed to employment opportunities and economic growth in the regions where Amazon established its operations.

Economic Growth: Amazon's presence stimulated economic activity in the form of increased consumer spending, business-to-business transactions, and investments in infrastructure. Local businesses benefitted from increased sales through Amazon's marketplace platform.

Innovation and Technological Advancements: Amazon's emphasis on technology and innovation influenced the local economy by fostering a culture of entrepreneurship and driving advancements in logistics, e-commerce, cloud computing, and artificial intelligence. This created opportunities for tech startups and contributed to the overall technological development of the region.

Negative Effects:

Disruption of Traditional Retail: The rise of Amazon posed a challenge to brick-and-mortar retailers, particularly small businesses. Many local retailers struggled to compete with Amazon's vast product selection, competitive pricing, and convenient online shopping experience, leading to closures and job losses in the retail sector.

Labor and Working Conditions: Amazon faced criticism for its labor practices and working conditions in its fulfillment centers. Concerns were raised about long hours, high productivity expectations, and inadequate worker benefits, which sparked debates about worker rights and labor regulations.

Impact on Local Businesses: While some local businesses thrived by leveraging Amazon's platform for sales and distribution, others faced difficulties in competing with the company's scale and resources. Small retailers and independent sellers sometimes found it challenging to differentiate themselves and maintain profitability in the face of intense competition.

Technology played a pivotal role in Amazon's dominance. The company leveraged technology in several ways:

E-commerce Platform: Amazon's user-friendly website and robust e-commerce infrastructure provided customers with a seamless online shopping experience, allowing them to easily browse and purchase a wide range of products.

Logistics and Supply Chain Management: Amazon's use of technology in logistics and supply chain management enabled efficient inventory management, fast order fulfillment, and reliable delivery services. This gave Amazon a competitive edge in terms of speed and reliability.

Data Analytics: Amazon leveraged customer data and advanced analytics to personalize product recommendations, optimize pricing strategies, and enhance the overall customer experience. This data-driven approach allowed Amazon to continuously improve its offerings and increase customer satisfaction.

Cloud Computing: Amazon Web Services (AWS), the company's cloud computing platform, provided a reliable and scalable infrastructure that supported its own operations and offered cloud services to businesses worldwide. AWS became a significant revenue generator for Amazon, contributing to its growth and dominance.

Overall, Amazon's use of technology helped it gain dominance by offering convenience, selection, and competitive pricing to customers, while continuously innovating and optimizing its operations based on data and advanced technologies.

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A video game system is on sale for 25% off its original price. If the original price is $200, how much money will be saved?​

Answers

Answer:

$50

Explanation:

25% = 1/4

200 / 4 = 50

50*3=150, which is 25% off.

What would be the total cost of software F
over time?
$[?]
$6,000
Software E
Software F
$10,000
Satisfaction 75%.$0
Not Satisfied
Satisfaction,
Not Satisfied
25% $12,500
90%-$0
10% $5,000
Enter

Answers

The total cost of software F over time is - $3000.

The total cost of software E over time is $1,900.

Data and calculations:

Software cost F = 10,000

Satisfaction rate with F software = 75%

Cost of satisfaction level = 0

Dissatisfaction level cost = 12,500

Percentage of unsatisfied = 25%

The total cost of F software over time is - $3000 {($10,000 x $75% - $0) + ($10,000 x $25% - $12,500)}.

Software cost X = 6,000

Satisfaction rate with software X=90%

Cost of satisfaction level = 0

Dissatisfaction level cost = 5,000

Percentage of unsatisfied = 10%

The total cost of E software over time is $1,900 {($6,000 x 90% - $0) + ($6,000 x 10% - $5,000)

What is total cost?

Total cost refers to the amount of economic cost of production and consists of variable cost, which varies depending on the quantity of a good produced with inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced plus inputs that cannot be varied in the short term such as buildings and machinery, together with possibly sunk costs.

Therefore, the correct answer is as given above.

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Which of the following is not a principle regarding the way lean systems function? (I) Identifying customer values (II) Focusing on processes that create value (III) Elimination of waste to create flow (IV) Increasing forecast accuracy (V) Producing only according to customer demand (VI) Optimizing on setup costs with long production runs (VII) Striving for perfection

Answers

Answer: These are not principles regarding the way lean systems function IV) Increasing forecast accuracy

(VI) Optimizing on setup costs with long production runs

Explanation:

A Lean system principle  applies that businesses and organisations  plan and prioritize their work output in relation to identifying and catering to customer values  thereby eliminating  things that do not add value  and on the other hand  ensuring sustainability and productivity of the organisation as a whole.

There are basic  principles businesses adopt  to  improving workplace productivity and efficiency which include:

1) defining customer value,

2)identify  the factors that contribute to the  value stream and waste elimination

3) creating flow and strategic processes that create value  

4) Ensuring products are produced according to demand and the right time

5) Strive for perfection.

Therefore option IV) Increasing forecast accuracy and

(VI) Optimizing on setup costs with long production runs are not lean system principles.

An amount of cash that a business keeps on hand for small payments or purchases is
called:
A a cash advance
B Petty cash
C a debit card
D an electronic funds transfer

Answers

The answer is B . Petty cash

buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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Describe one accountability issue of a business​

Answers

Answer:

Accountability in the workplace is about employees taking responsibility and ownership for their decisions, actions, performance and behaviour. Accountability in the workplace is also about building trust and staying committed to doing the right thing for the business consistently.

equilibrium price, a (an) in the equilibrium quantity, and a(an) in producer surplus. decease; increase; increase. decrease; increase; decrease. decrease; decrease; increase. decrease; decrease; decrease. increase; increase; increase.

Answers

In economics, the equilibrium price is the price at which the quantity supplied equals the quantity demanded.

Producer surplus is the difference between the price a producer gets and the minimum price they would be willing to accept. Without the specifics of a given scenario, it's difficult to predict exact changes in these elements.

However, under general circumstances, a decrease in the equilibrium price tends to lead to a decrease in the equilibrium quantity, as producers are less incentivized to supply at lower prices. This would generally also result in a decrease in producer surplus, as the price received is closer to (or below) their minimum acceptable price. Please note that this is a generalized interpretation and actual results would depend on various factors like elasticity of demand and supply, cost of production, and market competition.

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The Red Bud Co. pays a constant dividend of $1.20 a share. The company announced today that they will continue to do this for another 3 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7 percent

Answers

Answer:

the  one share of this stock worth today is $3.15

Explanation:

The computation of the  one share of this stock worth today is shown below:

= Dividend per share ÷ (1 + required rate of return^years) + Dividend per share ÷ (1 + required rate of return^years) + Dividend per share ÷ (1 + required rate of return^years)

= ($1.20 ÷ 1.07^1) + ($1.20 ÷ 1.07^2) + ($1.20 ÷ 1.07^3)

= $3.15

hence, the  one share of this stock worth today is $3.15

Explain the difference between a job interview and a interview

Answers

Answer:

An interview is a procedure designed to obtain information from a person through oral responses to oral inquiries. An interview is the way of face to face conversation between the interviewer and the interviewee, where the interviewer seeks replies from the interviewee for choosing a potential human resource.

Explanation:

When will workers in the aircraft manufacturing industry, which has experienced falling wages, stop moving to sectors with rising wages?

Answers

When will workers in the aircraft manufacturing industry, which has experienced falling wages, stop moving to sectors with rising wages?Workers in the aircraft manufacturing industry will stop moving to sectors with rising wages when certain conditions are met. These conditions include:

Improvement in wages: If the wages in the aircraft manufacturing industry start to rise, it will make the sector more attractive to workers. When the wages become competitive with or higher than those in sectors with rising wages, workers may choose to stay in the industry. Stability in the job market: If the aircraft manufacturing industry experiences stability in terms of job availability.

A consistent demand for workers in the industry will provide a sense of security and stability. It is important to note that the exact timing of when workers will stop moving to sectors with rising wages is difficult to predict, However, by addressing the above-mentioned factors, the industry can create an environment that encourages workers to remain in the aircraft manufacturing sector.

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On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of September 30, 2020

Answers

Approximately $166.7:explanation

To calculate the interest receivable on this note, the math would be as follows:

Principal X Interest X Time = Interest receivable

or

assume that the following asset values (in millions of dollars) exist in ironmania: instructions: enter your answers as a whole number. a. what is m1 in ironmania? $ million b. what is m2 in ironmania? $ million

Answers

M1 in ironmania will be $2,240 and M2 will be$2880.

Money in circulation in the economy and deposits that may be used to make checks of any amount make up M1, a part of the money supply. As a result, the total M1 will be $2,240 since there are $700 in currency notes and $40 in coins in circulation, $1,500 in checkable deposits, and $40 in coins.

The portion of the money supply known as M2 consists of M1 money as well as privately owned money market mutual funds (MMMFs), money market deposit accounts (MMDAs), and small denomination (less than $100,000) time deposits. In accordance of their values,M1= $2,240, money market mutual funds (MMMFs) held by individuals = $400,

savings deposits, including money market deposit accounts (MMDAs) = $140, and

Small denominated (less than $100,000) time deposits = $100.

With the sum of these values, we get M2.

M2 = $2240+$400+$140+$100
     = $2880.

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Project: How Entrepreneurs Improve the Economy
This project will focus on researching different ways that entrepreneurs improve the economy. You will then explore these ways and
explain whether you agree or disagree with how each can improve the economy.
During this project, you'll accomplish the following:
O Objectives
• Research at least five ways that entrepreneurs improve the economy and explain whether you agree or disagree with each.
Directions
Use the Internet to research different ways that entrepreneurs improve the economy. You will need to have at least five ways. Be sure
to include the URL links you used as resources in the space below.
Now that you have completed the research, record your findings in the table below and include the links,
1 Fillin five ways that entrepreneurs improve the economy

Answers

Answer:

time management

make best decision

saving the budget

having ideas

never relaxed

The demand function for a certain product is given by p=55-0.8q. Find the manufacturer's marginal revenue when q=20. a. None of the above

Answers

When q = 20 the manufacturer's marginal revenue is calculated by determining the revenue function and its derivative with respect to q. It is, therefore, found that the manufacturer's marginal revenue is 39.

The revenue function is obtained by multiplying the price (p) by the quantity (q) Revenue = Price * Quantity.

The demand function is given as p = 55 - 0.8q.

Now by substituting the value of q, we get p = 55 - 0.8 * 20.

p = 39.

So, when q = 20, the price p = 39.

Now to calculated revenue = p * q.

Revenue = 39 * 20.

Revenue = 780.

Now, we can calculate the marginal revenue by taking the derivative of the revenue function with respect to q.

Marginal Revenue = d(Revenue) / dq.

Differentiating the revenue function, we get.

Marginal Revenue = d(39q) / dq.

Marginal Revenue = 39.

Therefore, the manufacturer's marginal revenue is 39 .

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Donny owns and leases a coal mine to brian. the lease agreement states that brian will pay donny $4 per ton royalty on coal mined. what is brian's percentage depletion deduction for the current year from the information given below? gross income from coal $250,000 income from trucking coal 20,000 royalty paid donny 30,000 taxable income on coal (excluding depletion) 40,000 coal depletion rate 10%

Answers

Answer: $25,000

Explanation:

Given Data:

Gross income from coal = $250,000

Income from trucking coal = $20,000

Royalty paid to Donny = $30,000

Taxable income on call excluding depletion = $40,000

Coal depletion rate = 10%

Lease agreement = $4/ton

Therefore:

brian's percentage depletion deduction for the current year is

= gross income x coal depletion rate

= $250,000 x 0.1

=$25,000

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