If You Are a Lender Evaluating a Loan Application and You

question 16

True/False

If you are a lender evaluating a loan application and you calculate the following ratio: (EBIT + Lease Payments)/[Interest + Lease Payments + (Sinking Fund/(1 − T))],then you are calculating a debt service ratio and it should be less than one in order to approve the loan.

Develop effective marketing strategies based on product type and market demand.

Identify and explain elements of segment profitability.

Describe target market identification and how marketing mixes are tailored to these markets.

Understand the concept of micromarketing and its strengths and weaknesses.

---

Definitions:

Thoracic Cage

The bony framework of the chest, consisting of the ribs, sternum, and part of the spine, protecting vital organs such as the heart and lungs.

Sternum

A long, flat bone located in the center of the chest, connected to the ribs, forming the front part of the rib cage.

Articulations

The point of contact between bones, or bones and cartilage, which allows for movement and flexibility in the skeletal system.

Ligaments

are bands of tough, elastic connective tissue that connect bones to other bones, stabilizing joints and supporting the body's structure.