Quiz
Quiz Summary
0 of 7 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 7 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 7
1. Question
Fill in the blank
-
on file with the Mississippi Pawnbrokers Association
CorrectIncorrect -
-
Question 2 of 7
2. Question
Fill in the blank
-
Enter Your Company’s with the Mississippi Pawnbrokers Association
CorrectIncorrect -
-
Question 3 of 7
3. Question
Loan Forfeiture Rate: If your forfeits for the month were $9755 and your Total Loans made for the month were $40096, what would your forfeiture rate be?
CorrectIncorrect -
Question 4 of 7
4. Question
Loan Yield-If your Renewals and Redemption $ for the month combine to equal Total Pawn Services Charges of $17,175 and your overall average Loan Balance = $115,200, then what is my Loan Yield for the month?
CorrectIncorrect -
Question 5 of 7
5. Question
Loan Yield-Using your answer from the question above, what is your Annual Yield %?
CorrectIncorrect -
Question 6 of 7
6. Question
Redemption Rate-If your monthly Pawn Service Charges collected were $9755 and your redemptions were $23058, what is your Redemption Rate %? (Hint–add these 2 together to get your denominator) See 18:55 In the video
CorrectIncorrect -
Question 7 of 7
7. Question
Inventory Yield- If your Total Product Sales Gross Profit Annualized equals $336,000 and your Average Inventory balance for the period equals $231,420, what is your Inventory Yield % for the period? (see 23:20 In the Training Video)
CorrectIncorrect