Finance

Which of the following is true of credit scoring of suppliers? A) It

Which of the following is true of credit scoring of suppliers? A) It is frequently used in business because the scoring information is easy to obtain. B) It is frequently used in business because scoring standards are too flexible. C) It is frequently not used in business because most business transactions involve mercantile credit which […]

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Date: September 19th, 2020

In analyzing an applicant’s creditworthiness, a credit manager typical

In analyzing an applicant’s creditworthiness, a credit manager typically gives primary attention to two of the five C’s of credit—collateral and condition—since they represent the most basic requirements for extending credit to an applicant. Indicate whether the statement is true or false     ANSWER FALSE

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Date: September 19th, 2020

If a gold producer wishes to employ a non-contingent hedge, it should

If a gold producer wishes to employ a non-contingent hedge, it should use a(n) (i) contract, while if it wishes to employ a contingent hedge (i.e., to hedge only down-side risk), it should use a(n) (ii) contract. (i) (ii) a. forward put option b. put option forward c. forward call option d. call option forward […]

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Date: September 19th, 2020