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KATRIN_1
1 month ago
14

Why do you think that auto loans have the lowest rejection rates among these credit types?

Business
1 answer:
harina [3.8K]1 month ago
6 0

Answer:

An auto loan is financial assistance taken to acquire an automobile. These loans generally function as installment loans and are secured by the worth of the car being financed. In essence, a car loan serves as a personal loan utilized specifically for purchasing a vehicle. In return, the borrower must repay the lender the amount borrowed plus interest, typically in monthly installments, until the debt is fully settled.

Obtaining a car may positively impact your credit history if the payments are made punctually and as agreed. On the other hand, failing to make timely payments can harm your credit score. When applying for a car loan, your application is often evaluated by multiple lenders, and each lender's review adds a new inquiry to your credit report.

Explanation:

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Yellco Inc., a toy manufacturer, provided the following information: Domestic unit sales price $50 Unit manufacturing costs: Var
stepan [3596]

Response:

$540,000

Explanation:

Calculating the company's additional revenue from accepting the proposal

Utilizing this equation

Additional revenue = Number of units in export order * Price offered per unit

Now, let’s insert values into the equation

Additional revenue=9,000*$60

Additional revenue= $540,000

Hence, the company's additional revenue from accepting the offer totals $540,000

4 0
2 months ago
Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profit
Nady [3600]

Answer:

resource allocation

Explanation:

Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.

I trust this clarifies your question. Should you have further inquiries, feel free to ask.

6 0
1 month ago
Match the leadership qualities with the situations to which they relate.
Free_Kalibri [3773]
Organizational Skills - Oliver intended to create an agenda for the group discussion.
Communication Skills - Oliver actively listened to his peers and motivated them to express themselves more.
Emotional Stability - Oliver kindly requested a participant who was dominating to please tone it down.
Integrity - Oliver objectively considered both perspectives of the argument before sharing his neutral opinion.
I apologize if there were any mistakes
~Silver
4 0
1 month ago
Kephlee is an amusement park operator and provided the following select financial data:
Nady [3600]

Answer:

Choice C is the correct selection.

$104.4

Explanation:

Cash sales calculation = revenue plus changes in accounts receivable and deferred revenue

= 95.4 + 121.5 - 123.5 + (45.6 - 34.6)  

= $104.40

4 0
2 months ago
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