A loan officer will use _____ to determine if you will be approved for a loan

Answers

Answer 1
Answer: The best word would be credentials. A loan officer will use your credentials in order for them to determine if you are rightful to have a loan. These credentials might contain information about you. It may contain your financial status, your credibility in paying your bills.
Answer 2
Answer:

The correct answer would be :

The Four C's Of Lending


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Which of the following is an example of a fixed variable cost?utility bill rent car payment gym membership dues

At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement?Invest in a low interest savings account

Invest in a checking account so that you can have immediate access to your money

Invest in some “safe” securities so that you can get the highest rate of return

Invest in a security that carries higher risk and a higher rate of return

Answers

I will choose the third option

How are the sales tax and the value-added tax similar?

Answers

                     Hey Emma here!

Answer:

Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.

Bye Have A Nice Day!

Summit Builders has a market​ debt-equity ratio of 0.65 and a corporate tax rate of 40 %​, and it pays 7 % interest on its debt. The interest tax shield from its debt lowers​ Summit's WACC by what​ amount?

Answers

Answer:

1.103%

Explanation:

Data provided in the question:

Market​ debt-equity ratio = 0.65

Corporate tax rate = 40%

Interest on paid its debt = 7%

Now,

Debt ÷ Equity = 0.65

or

Debt = 0.65 × Equity

Weight of Debt = Debt ÷ (Debt + Equity)

or

= ( 0.65 × Equity ) ÷ ( 0.65 × Equity + Equity )

= 0.65 ÷ 1.65

= 0.3939

also,

Tax shield = Corporate tax rate × Interest paid on its debt

= 0.40 × 0.07

= 0.028

= 2.8%

Therefore,

The interest tax shield from its debt lowers​ Summit's WACC by

= Weight of Debt  × Tax shield

= 0.3939 × 2.8%

= 1.103%

Final answer:

The interest tax shield from Summit Builders' debt, given a debt-equity ratio of 0.65, the interest rate of 7%, and the tax rate of 40%, lowers its WACC by 1.82%.

Explanation:

The Interest Tax Shield from debt is the reduction in tax expense achieved by offsetting interest expenses on debt against taxable income. The formula for calculating interest tax shield is Interest Paid * Tax Rate.

In the context of this question, the interest paid can be calculated as the product of the debt-equity ratio and the interest rate on the debt. Using the provided information, the calculation would be as follows:

  1. Calculate the interest paid: 0.65 (debt-equity ratio) * 7% (interest rate) = 0.0455 or 4.55%.
  2. Calculate the tax shield: 4.55% * 40% (tax rate) = 1.82%.

So, the interest tax shield from Summit's debt lowers its Weighted Average Cost of Capital (WACC) by 1.82%.

Learn more about Interest Tax Shield here:

brainly.com/question/34543042

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Ord's 5-year bonds pay 6 percent annual interest semiannually on a $1,000 face value. If bonds sell at $985, what is the bond's expected rate of return?

Answers

Answer:The expected rate of return on a bond is the total return that an investor can expect to receive from holding the bond. To calculate the expected rate of return, we need to consider both the interest payments and any capital gains or losses from buying the bond at a discount or premium.

In this case, the bond is selling at a discount of $15 ($1,000 - $985). Since the bond pays 6 percent annual interest semiannually, it means that the bond pays $30 ($1,000 x 6% / 2) in interest every year.

To calculate the expected rate of return, we need to add the interest payment to the capital gain or loss. The capital gain or loss is the difference between the face value ($1,000) and the selling price ($985). In this case, the capital loss is $15.

So, the total return on the bond is the sum of the interest payment and the capital gain or loss: $30 + (-$15) = $15.

To calculate the expected rate of return, we divide the total return by the selling price of the bond and multiply by 100 to get a percentage. In this case, the expected rate of return is ($15 / $985) x 100 = 1.52%.

Therefore, the bond's expected rate of return is 1.52%.

ᕙ༼◕ ᴥ ◕༽ᕗ Hope this helps

For which of the following would major medical coverage be useful?A. if you want to buy insurance against hospital stays and surgeries for serious illnesses
B. if you want to buy insurance against damages to your home
C. if you want to buy insurance against car accidents

Answers

Medical coverage provides an insurance against hospital stays and surgeries for serious illnesses.

Property Insurance provides an insurance against damages to your home. And

Vehicle Insurance provides an insurance against car accidents.

Hence if you want to buy insurance against hospital stays and surgeries for serious illnesses, then medical coverage will be useful.

Hence Correct answer is A.


"If you want to buy insurance against hospital stays and surgeries for serious illnesses" is the one among the following choices that shows how major medical coverage can be useful. The correct option among all the options that are given in the question is the first option or option "A". I hope it helps you.

Which position is responsible for the direct management of all incident-related tactical activities?a. Finance/Administration Section Chief
b. Logistics Section Chief
c. Operations Section Chief
d. Planning Section Chief

Answers

option c. Operation Section Chief

- is responsible for the management of all operations directly applicable to the primary mission.
- activates and supervises organization elements in accordance with the Incident Action Plan and directs its execution.
- directs the preparation of Unit operational plans, requests or releases resources.