Solved

If You Were a Loan Officer Evaluating a Small Business

Question 53

Multiple Choice

If you were a loan officer evaluating a small business credit application for a loan and you wanted to ensure that the applicant had more than sufficient cash flow to pay off its existing debt,the applicant's cash-flow-to-debt ratio would have to be greater than


A) one.
B) zero.
C) the TIE ratio.
D) the interest rate on the debt.
E) peer average ratio.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents