At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told to try again in the near future. What does this tell you about the bank's reserves? How should the customer react to a situation like this?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told to try ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Barbara owns 40% of the stock of cassowary corporation (a c corporation) and 40% of the stock of emu corporation (an s corporation). in the current year, each corporation has operating income of $120,000 and tax-exempt interest income of $8,000.
Answers (1)
On April 1, Moloney Meat Distributors sold merchandise on account to Fronke's Franks for $1,600 on Invoice 1001, terms 3/10, n/30. Payment was received in full from Fronke's Franks, less discount, on April 10.
Answers (1)
Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of snarfblatts remains constant (and that all snarfblatts cost the same).
Answers (1)
An advertising agency is estimating costs for advertising a music festival. The job will require 270 direct labor hours at a cost of $64 per hour. Overhead costs are applied at a rate of $72 per direct labor hour.
Answers (1)
Danielle works at a leading restaurant. She is scared of making mistakes at her workplace, so she is very keen on paying attention to details. She also prioritizes quality in her work.
Answers (2)
New Questions in Business
In 2010, the FTC added all of the following recommendations to its privacy guidelines except: A. firms should increase the transparency of their data collection. B.
Answers (1)
Simon, a trainer, meets with his team to discuss the possibility of senior engineers training the new engineers.
Answers (1)
Although horses were once a very important factor of production, the development of automobiles and other machinery reduced the demand for their use. This is an example of: a higher prices of substitute factors shifting demand for horses to the left.
Answers (1)
The impairment rule for goodwill involves how many steps? (a) 1 (b) 2 (c) 3 (d) 4
Answers (1)
Audrianna gives a walking tour of a popular tourist city to one person for $ 49. To increase her business, she would lower the price by $2 per person for each additional person.
Answers (1)