which is most important to evaluate when considering extending credit to a small business and why?

Answers

Answer 1

When evaluating a small business for credit extension, one should watch out for D : The relationship of current assets to current liabilities which represents a company's ability to meet short-term debt obligations when due.

When assessing whether to give a small company credit:

Check if they can pay back the credit Check their net working capital

It is important to check whether a company is capable of paying back the credit you are to extend to them and the net working capital - calculated as the difference between current assets and liabilities - is one of the best ways of doing so.

In conclusion, one should check the relationship between current assets and liabilities as a way to determine credit payback.

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Related Questions

The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called __________.

Answers

Answer:

Neural networks

Explanation:

The company makes these predictions by finding patterns and relationships in large amounts of data by using machine learning algorithms called neural networks.

Gillette uses ________ pricing when it offers razor handles at a low cost, but places a high markup on the replacement razor blades that fit in the handles.

Answers

Answer:

captive product

Explanation:

Its right trust me!

What type of promise to pay does a promissory note represent?

Answers

Answer:

my left

Explanation:

Answer: unconditional

Explanation: i just got it right

In which situation may completion of an approved refresher course or 120 hours of continuing education most likely be required

Answers

A practicing nurse who allowed her license to lapse about 7 years ago because of family raising may be required to complete an approved refresher course or 120 hours of continuing education.

A nurse can opt to let their medical license lapse if they want to raise a family since they need to give a full attention.

However, the nurse can obtain new license by completing an approved refresher course or 120 hours of continuing education.

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Which savings account will earn the most interest?
A $5,000 at 4 percent interest compounded for four years
B. $10,000 at 2 percent interesi compounded for four years
C. $10,000 at 2 percent simple interest for four years
D. $5,000 at 4 percent simple interest for four years

Answers

The savings account that will earn the most interest is $10,000 at 2 percent interest compounded for four years.

What is simple interest and compound interest?

Simple interest rate is the interest that is paid only on the principal portion of a loan. Compound interest is when both the amount deposited and the interest already earn increase in value when interest is paid.

Thus, when an account is compounded and the other earns a simple interest, the account that earns a compound interest would have a higher value than the account that  earns a simple interest.

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Answer:

The answer is A. $5,000 at 4 percent interest compounded for four years.

For Hyatt Regency Rochester, the fixed costs are $120,000 and the variable costs are $20 per room rented. If the rooms rent for $60 per night, how many rooms must Microtel rent over the course of a year to break even?

Answers

Based on the rental price of the rooms, the variable and fixed costs, the rooms that need to be rented per night to break even is 3,000 rooms.

The quantity that is needed to breakeven is found as:

= Fixed costs / Contribution margin

The Contribution margin is:

= Selling price - variable cost

= 60 - 20

= $40

The breakeven quantity is:

= 120,000 / 40

= 3,000 rooms

In conclusion, 3,000 rooms will need to be rented out to breakeven.

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What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.

Answers

Answer:

I don't know sorry sorry forgive me

Explanation:

sorry

If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies..

Answers

The firms may need to focus additional effort on retention strategies.

Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.

Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.

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Beverly, the manager of a branch location of a large law firm, purposely controls company resources as if they were her own and encourages continued development and training of her employees. She cares about the staff deeply and even organized international volunteering activities to promote their growth. Beverly could best be described as which type of leader

Answers

Based on the given scenario Beverly could best be described as servant leader.

A servant leader is a type of leader that is has the best interest of their organization or company and employee on mind.

They are more concern about the wellbeing and the need of their employee and they tend to show support or render support to their employee.

A servant leader often show empathy and they help people to develop as well as encourage the development, growth and training of their employee or people.

Inconclusion Beverly could best be described as servant leader.

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Your friend, Alicia, is a graduating senior about to head to college in the fall. Alicia has a single checking account and is eager to open a savings account. After reading this article, she is inspired to open up multiple savings accounts to work towards her goals. Do you think it’s a good idea for Alicia to do so? Why or why not?

Answers

Answer:

It is good

Explanation:

Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.

Marco agrees to sell Clowns R Us some balloons. The contract states that Clowns may buy as many balloons as it wishes. This agreement is

Answers

Answer:

c

Explanation:

The agreement between Marco and Clowns R Us is an illusory contract. This is because Clowns R Us is not obligated to buy any balloons.

The contract states that Clowns may buy as many balloons as it wishes, but it does not say that Clowns must buy any balloons.

An illusory contract is not a valid contract because it lacks consideration. Consideration is something that each party gives up in order to make the contract binding.

In this case, Marco is giving up the right to sell balloons to other businesses. However, Clowns R Us is not giving up anything. It is free to buy balloons from other businesses or not buy any balloons at all.

As a result, the contract between Marco and Clowns R Us is not enforceable. If Clowns R Us does not buy any balloons, Marco cannot sue them for breach of contract.

Here are some other examples of illusory contracts:

A contract that states that one party may buy as many widgets as they wish at the price of $1 per widget.

A contract that states that one party may hire the other party for as many hours as they wish at the rate of $1 per hour.

A contract that states that one party may rent a car for as many days as they wish at the rate of $1 per day.

In all of these cases, the party that is not obligated to do anything is not giving up anything in order to make the contract binding. As a result, the contracts are not enforceable.

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I'LL GIVE BRAINLIEST!!!
The Smith family wants to relocate to a neighborhood with better schools before their three-year-old goes to kindergarten. They talked with Byron about properties he has for sale in neighborhoods they would like to live in. They also mentioned to Byron that they both work and may need someone to help with in-home care for their child. Byron gave them Taylor’s name to call about childcare. The Smiths also said they were having a hard time getting loan approval, so Byron suggested that they call Travis. Which best describes the jobs performed by Byron, Taylor, and Travis?

Byron is a Customer Service Representative, Taylor is a Child Care Worker, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Nanny, and Travis is a Loan Counselor.
Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.
Byron is a Home Counselor, Taylor is a Nanny, and Travis is a Property Manager.

Answers

Answer:

option C Byron is a Real Estate Manager, Taylor is a Preschool Teacher, and Travis is a Customer Service Representative.

Explanation you can give other guy brainliest

According to the passage, Byron is the real estate manager, Taylor is the preschool teacher and Travis is a customer service representative.

What is real estate manager?

Real estate manager is a person who deals with property. He sells the property act as mediator between the seller and the buyer. He also determines the rental income and act as negotiator in the lease agreement.

In the passage the Byron occupation is of real estate manager who helps in the Smith family for selling their property. The child of smith requires the childcare. Thus Taylor is the preschool teacher.

Travis is the customer service representative who is requires by the smith family to approve the loans.

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50 POINTS
Nathan joined the US army as an infantryman. He is now serving in a foreign country, teaching local police forces how to use defensive tactics. What education might have been appropriate for Nathan to qualify for his job?

A. High school diploma
B. Associate degree in health services
C. Bachelors degree in mathematics
D. masters degree in law

Answers

Answer:

What education might have been appropriate for Nathan to qualify for his job?

A. High school diploma

(No need brainliest)

A High school diploma might have been appropriate for Nathan to qualify for his job. Thus, option A is the correct option.

What is a High school diploma?

When a high school student graduates, they are given a credential known as a high school diploma (or high school degree). After completing four-year courses of study, usually from grade 9 to grade 12, a high school diploma is granted. In both the United States and Canada, it is a requirement for graduation from high school.

According to the demands of the regional state or provincial government, the school awards the certificate. Depending on the jurisdiction, different streams or levels of high school graduation may have varying criteria for obtaining the diploma. They typically consist of a mix of chosen coursework that meets the requirements for a particular stream and passing scores on the state exit test.

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In the context of customer relationship management (CRM), _____ requires gathering a lot of information about customers' preferences and shopping patterns.

Answers

In the process of gathering such information that are unique to customers, what is required is therefore regarded as: Personalization.

Customers have preferences and taste which determines their shopping pattern. Having a god understanding of what customers want and how their consumption or shopping pattern is helps in customer relationship management to meet customers' satisfaction.

Thus, in the process of gathering such information that are unique to customers, what is required is therefore regarded as: Personalization.

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capital is the amount of money paid into a company by its owners. true or false?

Answers

Answer:

True. The Capital is the amount of money invested into a company by its owners.

how much does the dow have to drop to suspend trading

Answers

Answer:

Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day. The circuit breakers are calculated daily

if identical firms remain in competitive market over long run make zero economi profit why choose to remain

Answers

Because a normal rate of return on their investment is included as part of the opportunity cost of production.

Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

Answers

Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

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The era in marketing history characterized by the notion that the consumer is king is known as the ________ era.

Answers

Answer:

The Selling Era

Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.

Explanation:

overflow packages will have a color matched to it on the delivery app

Answers

There are thousands of packages being delivered daily. he overflow packages will have a color matched to it on the delivery app, will have a color matched to it on the Rabbit’s “Scan to Verify” screen is a false statement.

A package is simply referred to as a small container that has a quantity of something that is sold. They can be small boxes made of thin cardboard, or bags, envelopes etc.

An overflow is simply when a place or container is having too much people or things. That is, it is too full of them.

An overflow of packages is when there are too much packages. This is often seen during the festive periods and in airport and delivery companies.

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here are 20 employees in a company each employee worked 8 hours in a day and there a 5 days in week. In a particular week employees worked 1000 hours per week. The basis rate is $10 while overtime premium is paid time a half. Calculate the Total gross pay of the 20 employees of the week?$11500$12000$11000$13500

Answers

Answer:

11000

Explanation:

20 x 8 x 5 = 800 hours at $ 10 = $ 8000

1000 hours - 800 hours = 200 hours at 150% (time and a half) = $ 2000 x 1.5 = $ 3000

$ 8000 + $ 3000 = $ 11000

although hydroelectric dams generate electricity without producing greenhouse gases, they

Answers

Despite that hydroelectric dams generate electricity without producing greenhouse gases, they eliminate farmland and wildlife habitats in the regions that are flooded.

Hydro-electricity is a source of electricity generated from force gotten from downfall of dam water.

Hydro-electricity are only generated from accumulation of large bank of rivers that may pose danger to farmlands and widelife habitat.

Hence, the Option C is correct because hydroelectric dams eliminate farmland and wildlife habitats in the regions that are flooded.

Missing option includes "a. are only able to contribute to about 5% of the electrical power throughout the world. b. are short-lived structures that have to be rebuilt about every 20 years. c. eliminate farmland and wildlife habitats in the regions that are flooded. d. alter water control in ways that make it more difficult to irrigate crops."

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for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that recently went out of business. as a recent hire to curtis, you are excited about the opportunity to search for a supplier. what should be your first step?

Answers

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

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Which method of bond amortization amortizes the premiums/discounts accurately and is considered a conceptually superior method

Answers

Answer:effective-interest

Explanation:

Alton ordered an official NFL jersey for his son's birthday and is hoping it will arrive on time. Luckily, the company sent him the FedEx tracking number of the package so Alton can track the package and know exactly when it will arrive. This form of customer communication is referred to as ________ communication.

Answers

The form of customer communication here is what is referred to as delivery status.

Given the FedEx tracking number that Alton has received, he would be able to get a customized and an in-depth tracking of the NFL jersey that he has ordered for his son.

The availability of a tracking number would also help to build his faith and confidence in the delivery service. This is because it is going to give him a timeline of his good that would help him to anticipate the delivery.

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_______ structures arrange people with diverse occupational specialties into formal groups based on similar products, clients, or geographic regions.

Answers

Divisional structures arrange people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions.

Acme Model Trains started the year with $10,000 worth of model trains in inventory. During the year, it purchased $5,000 more model trains. By the end of the year it sold a total of $7,500 in model trains. Calculate the cost of goods sold using the handout from class or the information provided in Chapter 14.

Answers

Based on the information given the cost of goods sold is $7,500.

Using this formula

Cost of goods sold=Starting inventory + Purchases − Ending inventory

Where:

Starting inventory=$10,000

Purchases=$5,000

Ending inventory=$7,500

Let plug in the formula

Cost of goods sold=$10,000+$5,000-$7,500

Cost of goods sold=$7,500

Inconclusion the cost of goods sold is $7,500.

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Decision making in businesses used to be limited to management. Today, lower level employees are responsible for some of these decisions, as information systems make information available to lower levels of the business. Identify the statement that best describes unstructured decisions.

Answers

People often take decisions daily. The statement that best describes unstructured decisions is that Structured decisions are repetitive and routine decisions which are handled procedurally.

Structured decision making is simply referred to as a thoroughly organized analysis of problems so as to make a final decisions that are based mainly on achieving fundamental objectives.

All decision is made up of several primary elements such as management objectives, decision options, knowing beforehand decision outcomes etc.

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a charter application usually must be signed by the prospective stockholders called incorporaters or . then, it is filed with the appropriate state official.

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A charter application must be signed by the prospective stockholders that are referred to as incorporaters or promoters.

Charter simply means a legal document that is used for turning q business into a legal entity. It should be noted that a charter is written with the purpose of creating a corporation.

A charter application usually must be signed by the prospective stockholders called incorporaters or promoters then, it is filed with the appropriate state official.

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a fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a __________ plan.

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There are different types of benefit plan. A fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a cafeteria-style plan.

Fringe Benefits  is simply regarded as Benefits such as sick-leave pay, vacation pay, pension plans etc., that stands for an additional compensation given too an employees that is far above base wages.

A cafeteria-style plan is a plan that gives employees coverage of expenses in cases like prescription medicine through the withholding of a part of their pre-tax salary.

Employers do gain through the use of these plans as they will not pay FICA on cafeteria-style benefits plans.

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