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1 year ago

What is the highest possible credit score on the FICO scale

Business

1 answer:

Phantasy [73]1 year ago

4 0

Answer:

850

Explanation:

It's considered the unicorn of the financial world: a perfect credit score, the highest number a consumer can achieve within a credit scoring system. For the FICO® Score☉ , one of the most commonly used credit scoring models, that mythical and seemingly impossible figure is 850. (FICO® Scores range from 300 to 850.)

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In 2020, Neighbor Co-Op Inc. sells 1,000 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold

strojnjashka [21]

Answer:

Date Account Title Debit Credit

Dec, 31. 2020 Cash $1,000

Customer Deposits $1,000

Date Account Title Debit Credit

Dec, 31. 2020 Customer deposits $800

Cash $800

Date Account Title Debit Credit

Dec, 31. 2020 Customer deposits $120

Breakage Revenue $120

Cost of goods sold(0.8 * 120) $ 96

Inventory $ 96

7 0

2 years ago

Mario's is a pizza and pasta producer that experiences increasing opportunity cost. (a) Draw a production possibilities frontier

Bad White [126]

Answer:

(in the graph)

Explanation:

The PPF will show how Mario can only do as much of pizza and pasta and there is a certain point at which producing additional units of pasta or pizza comes at the cost of resinging a unit of the other good.

The points over the line and below the lien are attainable.

While those above the frontier are unattainable for Mario's current factor disposition.

3 0

3 years ago

The college student loan burden is second only to mortgages in consumer debt in the United States. The government estimates that

Reika [66]

Answer:

Explanation:

The college student loan burden is second only to mortgages in consumer debt In the United States. The government estimates that some 41 million students together owe more than $1.2 trillion. In North Carolina, what is the relationship between student loan debt and the tuition/fees that the students pay? After obtaining data for 14 four-year universities in the State University System of North Carolina (data for Elizabeth City State University and Winston Salem State University were not available), suppose we assume a simple linear modelyi= β0+ β1xi+ εito describe this relationship, where xi is the academic year tuition/fees at school In i

and yi is the average student loan debt of graduates of school i, i = 1, ..., 14. Shown below are summary statistics for the 14 schools.

NB: please check the attached document for complete work.

4 0

3 years ago

During normal economic times, when there is not "excessive" unemployment or inflation, discretionary fiscal policy

iogann1982 [59]

Answer:

The correct answer is D. is probably not very effective due to lags and the uncertainty created by repeated tax policy changes.

Explanation:

Discretionary fiscal policies: are those that governments intentionally apply to influence public revenues or expenses. They have the advantage that they can act directly on the problems but the drawback is that they are usually slow in their application due to the political and institutional procedures required for their implementation. In addition, these policies take time to achieve the objectives and are not always done effectively.

5 0

3 years ago

Taylor must send a bad-news message to a client and indicate to her that he will be unable to meet a delivery deadline. What sho

Illusion [34]

Answer: d) Analyze the bad news to see how it will affect his reader.

Explanation:

The first thing that Taylor should do is to analyze the bad news so that he can predict the likely effect on the client.

Once he predicts this, he can be able to deliver the bad news in such a way that the client would not be too annoyed by it. It would also allow him to offer alternatives that might be applicable and doable to the client.

7 0

2 years ago