Name : Christabella age : 34 years old Saving :256,600 Job : Global Banking Manager   Less  debt obligations Don’t have  missing out on payments   Monthly Income: 30,000 Currently has 3 loans: Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500) Assets : land(300,000), condominium(500,000) car(60,000) have car license  Now you are bank officer , Your customer need to apply an car loan you are required to : Make an credit worthinessof credit of Christabella’s car loan  (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan    ) explain why cristabella car loan accepted or rejected

Q: Required: Briefly explain whether the $7,000 and the $180,000 receipts constitutes ordinary income'…

A: The answer for the question on ordinary income is discussed hereunder: What is ordinary income?…

Q: d of Marbella there are three banks: Bank A, Bank ulations, all banks are required to hold at least…

A: a.

Q: You are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens…

A: Here, Loan Amount is $50,000 Ordinary Interest Rate of the Loan is 9.5% Duration of Loan is as…

Q: Santana Rey has consulted with her local banker and is considering financing an expansion of her…

A: The question is based on the concept of Financial Accounting.

Q: hy ,please help me with that if possible,thanks David started a small new business in Bicester at…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: 15, Lizabeth Neault needed funds to open a law office. She borrowed $28,400 at 8.5% simple interest…

A: Simple interest refers to the net amount of interest paid by the borrower to the lender on the…

Q: Mr. John started a T-shirts business to be known as “John T-shirts". He has provided you with the…

A: Current assets are those assets which are held by an entity or enterprise with the purpose of…

Q: You are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens…

A: In the given situation is we opt for the first choice : Spending the all the excess cash $55,000 as…

Q: Mr. John started a T-shirts business to be known as "John T-shirts". He has provided you with the…

A: Current Liability is a liability that is payable within 12 months from the date of Balance Sheet.…

Q: Your grandmother is visiting Guadalajara to start a new retirement life. She is interested in…

A: Cash Flow Statement and the Balance Sheet are financial statements; these statements are prepared to…

Q: Sara borrowed funds to buy furniture for her business. Her business paying $200 at the end of each…

A: Therefore, the cash price of the furniture is $8,192.38.

Q: Assume that your team is in business and you must borrow $6,000 cash for short-term needs. You have…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: A. Kelly is shopping for a new car. She can afford a deposit of RM 5000 and quarterly payments of RM…

A: Here, Deposit Amount is RM 5,000 Quarterly Payment is RM 2,000 Interest Rate is 8% Time Period is 3…

Q: Mrs. Shimizu borrowed money from a bank. She received from the bank P1,342 and promised to repay…

A: Simple Interest = P * R * TWhere P = PrincipalR = Rate of Interest T = Time

Q: Anthony Clement is applying for a car loan. The lending institution requires a personal net worth…

A: Net worth: It is a difference between total assets and total liabilities. The high net worth of the…

Q: Jennifer Kaufman bought a used Toyota Prius for $16,500. She made a $3,500 down payment and is…

A: Monthly Installment  = Loan AmountPVAIF (Interest rate , Number of months

Q: Consider the information below for an individual: Home valued at $250,000 . Mortgage balance of…

A: Note: “As the question has more than 3 sub-parts, the first 3 subparts are answered. If you want the…

Q: There are 2 types of residents in town. 20% are financially stable who can pay back the loan they…

A: Breakeven means a point of balance making neither profit nor loss. If amount  is below point then it…

Q: Loan Request: S15,000 for 1 year college tuition Capacity Annual household income. $10.000 salary…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: A man uses a loan program for small businesses to obtain a loan to help expand his vending machine…

A: Given Rate = 1.20%  time = 4 years Principal = $20000

Q: David started a small new business in Bicester at the 1st September 2020. He is preparing accounts…

A: Income Statement in the business shows all income and expenses of the business for the particular…

Q: John wants to do Task A. Task A will take two years and $40,000. $15,000 is paid after the 1st year.…

A: given, Annie will pay following payments on behalf of john: year 0 $40,000 year 1 $15,000…

Q: A man uses a loan program for small businesses to obtain a loan to help expand his vending machine…

A: The simple interest is one of the method of calculating interest. In simple interest, the interest…

Q: QUESTION ONECarson Company is a large manufacturing firm in Accra that was created 20 years ago by…

A: Hey, since there are multiple sub-part questions posted, we will answer the first three questions.…

Q: Mr. John started a T-shirts business to be known as “John T-shirts". He has provided you with the…

A: Non-Current Assets are those assets which are expected to be realized or collected in cash beyond 12…

Q: Tim and Autumn Davis are trying to figure out their current financial health. They will pay off…

A: The current ratio and debt ratios are used for ascertaining the financial position or any entity or…

Q: David started a small new business in Bicester at the 1st September 2020. He is preparing accounts…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Roland and Cathy have the foiOwing assets and llabilides: $145,000 $105,000 $360,000 Checking and…

A: So cathy share is JTWROS assets and liab is 50% for estate of cathy =Assets-liability

Q: Mr. John started a T-shirts business to be known as "John T-shirts". He has provided you with the…

A: Liabilities can be define as an obligation for an individual, group or a company which are recorded…

Q: Income Statement: Anna's Sandwich Shop Revenue Expenses $25,600 Bread Condiments Total sandwich…

A: Implicits Costs :- means Opportunity Cost i.e cost of best alternative foregone Explicitly Costs :-…

Q: Determine the amount of money the man must repay after 2 years.

A: Simple interest method is a method of computing interest on borrowed amount where interest is…

Q: Name :Christabella age :34 years old Saving :450,600 have car license  Job :Global Banking Manager…

A: Secured loan is defined as the form of the debt, where the borrower used to pledge some of the…

Q: You are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: The Garcias have $12,000 in a savings account. The bank pays 3.5% interest on savings accounts,…

A: Investment = 12,000 Interest Rate = 3.5% N = 4 years

Q: AS an accountant at City Bank in Boston, Ken, the Loan Officer called you for some help on a loan…

A: Face amount of Loan = $50,000 Rate(r) = 7%/12 = 0.5833% Terms = 5years * 12 = 60 Monthly Installment…

Q: You are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens…

A: Loan: It is the amount that the lender lends to the borrower & in return charges interest on it.

Q: Ima Broake is trying to expand her small business, Ima Fun Caterer. She has taken out a $10,000 loan…

A: When doing business taking too much loan create burden so loan should be within limits.

Q: Samantha Knight is applying for a small-business loan. She provides thebank with the following…

A: Total Asset : Cash in checking accounts =$5000 cash in savings =$10350 home market value=$145500…

Q: Jennifer Kaufman bought a used Toyota Prius for $17,500. She made a $2,500 down payment and is…

A: Whenever an individual is in need for extra funds to finance his or her purchase in case of less…

Q: The local bank pays 5% interest on savings deposits. In a nearby town, the bank pays 1.25% per…

A: Compound interest is referred as the in interest calculated on principal along with all accumulated…

Q: if you make the partial payment and don't purchase the additional serving supplies? (Round your…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: 2. For each of the following transactions, place an X in the table to indicate whether direct or…

A: *As per Bartleby policy, if multiple questions are asked then answer first three only. Direct…