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2 years ago

In two to three sentences, describe how a lender uses a credit report.

Business

2 answers:

RSB [31]2 years ago

8 0

Answer:

A credit report is a detailed breakdown of an individual's credit history prepared by a credit bureau. Credit bureaus collect financial information about individuals and create credit reports based on that information, and lenders use the reports along with other details to determine loan applicants' creditworthiness. A credit report can act as a shining light into your financial background, helping reveal personal payment history and lending and credit worthiness. It can even serve as a sentinel against identity theft and consumer fraud.

Explanation:

Vilka [71]2 years ago

5 0

Answer:

A lender uses a credit report to find out the money responsibility of someone wanting a loan. If the person wanting a loan has bed credit, it means they are less responsible and more likely to not pay back a loan on time or properly.

Explanation:

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Allison's is expected to have annual free cash flow of $62,000, $65,400, and $68,900 for the next three years, respectively. Aft

-Dominant- [34]

Answer:

Present value of the firm = $ 524,467.50

Explanation:

Using the free cash flow, the value of a firm is the the present value of the free cash discounted at the appropriate cost of capital.

Year PV

1 62,000× (1.145)^(-1) = 54,148.47162

2 65,400 × (1.145)^(-2) = 49,884.63225

3 68,900 × (1,145)^(-3) = 45, 898.95119

4 to infinity ( see working below) $374,535.44

Workings

Present value from Year 4 to infinity (this will be done in two steps)

Step 1

PV in year 3 = FCF × (1+g)/(WACC- g)

FCF -68,900, g =2%, WACC - 14.5%

= ( 68,900 × 1.02(/0.145-0.02)

= $562,224.00

Step 2

PV in year 0 = PV in year 3 × (1+r)^(-3)

= $562,224.00 × (1.145^(-3)

= $374,535.44

The present value of Allison =

54,148.47 + 49,884.63 +45,898.95 +374,535.44

= $ 524,467.50

Present value of the firm = $ 524,467.50

8 0

2 years ago

If you pay for parking at a smart parking payment terminal powered by solar panels with a contactless visa card, which of the fo

Amiraneli [1.4K]

Answer: Wireless wallet.

Wireless wallet makes use of a software that can save an individuals visa card numbers and other personal information, thereby the individual does not need to enter their respective information every time whenever they have to make a purchase.

The contact less visa card uses Near Field Communications technology for the transaction, i.e. where money can be transferred through wireless wallet system .

6 0

2 years ago

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town nex

Ne4ueva [31]

Answer:

Contingency viewpoint or approach of management

Explanation:

According to the contingency viewpoint, there is no particular standard of management. Rather, the type of management style adopted including decisions made depends on the type of situation that the organization is facing at the particular time. Nikita in this scenario is using the contingency approach since she is making decisions based on the upcoming convention.

3 0

2 years ago

When jorge became one of three final candidates for a managerial position with a large pharmaceutical company, the hiring manage

kodGreya [7K]

B we did this at school it’s not hard nor easy

6 0

2 years ago

The Window Store will have a value of $139,000 if the economy does well this coming year and a value of $121,000 if the economy

ycow [4]

Answer:

The value of this firm to shareholders is $70240

Explanation:

Using expected value approach, the value of the firm can be computed as :

(Optimistic value*its probability)+(pessimistic value*its probability)

optimistic value=$139000 and its probability is 68%=0.68

Pessimistic value=$121000 and its probability is 1-0.68=0.32

Expected value=($139000*0.68)+($121000*0.32)

=$133240

However, the value to shareholders is the expected value of the firm less debt of $63000

Equity value=$133240-$63000

=$70240

8 0

2 years ago