Business-credit applicant-applicant receive credit

Assignment Help Financial Management

Reference no: EM131575576

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

Net Worth of Principal: $55,000

If the cutoff score for extending credit is a score of at least 100 points, should this applicant receive credit?

Reference no: EM131575576

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