Question
Refer back to the exhibits in the chapter to answer this question. A business-credit applicant has the following profile: Credit History Minor delinquencies Unused Credit
Refer back to the exhibits in the chapter to answer this question. A business-credit applicant has the following profile:
| Credit History | Minor delinquencies | ||||
| Unused Credit | 30% available | ||||
| Credit History of Business | Satisfactory | ||||
| Industry Type | C | ||||
| Available Liquid Assets of Business | $11,500 | ||||
| NetWorth of Principal | $55,000 | ||||
If the cutoff score for extending credit is a score of at least 100 points, should this applicant receive credit?
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Mergers Acquisition And Other Restructuring Activities
Authors: Donald M. Depamphilis
6th Edition
123854857, 978-0123854858
