Loans that are considered high-risk because of a lack of capital, a high debt-to-asset ratio, or a blemished credit history are referred to as:
a. venture capital loans.
b. subprime loans.
c. debt capital loans.
d. equity capital loans.
b. subprime loans.
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Each entry is posted individually from the Cash Credit column of the combination journal to the Cash Credit column of the general ledger
Indicate whether the statement is true or false
Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?
What will be an ideal response?
The heating bills for a selected sample of houses in a city using various forms of heating are given below (values are in dollars). Gas Heated Homes Central Electric Heat Pump 83 90 81 80 88 83 82 87 80 83 82 82 82 83 79 ? At ? = .05, test to see if there is a significant difference among the average bills of all the homes (in a city) using three forms of heating. Use both the critical and p-value approaches.
What will be an ideal response?
The price of a bond is uniformly distributed between $80 and $85
a. What is the probability that the bond price will be at least $83? b. What is the probability that the bond price will be between $81 to $90? c. Determine the expected price of the bond. d. Compute the standard deviation for the bond price.