The challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
A credit score can be defined as a numerical expression ranging 300 to 850, which typically represents an individual's financial history and credit worthiness.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a credit (money) from a potential lender and vice-versa.
In the U.S, the ratings of a credit score by FICO include the following;
- A credit score ranging from 670 to 739 is considered to be a good credit score.
- A credit score of 740 to 799 is better.
- A credit score of 800 to 850 is considered to be excellent.
In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
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Answer:
Level of repair analysis (LORA)
Explanation:
Level of repair analysis (LORA) is used by businesses to determine the optimal time for repair, replacement, or discarding of an aseet.
It takes into consideration cost of the proposed activity and operational readiness or availability outcomes of the business.
For example when a production process contains many assemblies LORA is a great way to provide prompt replacement or disposal of parts that could adversely affect performance.
Since optimal performance is being attained in production process, it will result in a cost-effective preventative maintainence program
Answer:
$30,000 unfavorable
Explanation:
Provided Information,
Standard Material per unit = 4lbs
Rate per unit = $1 per lbs
Actual finished units = 30,000
Actual direct material used = 150,000 lbs
Standard Raw material for actual finished goods = 30,000 4lbs = 120,000 lbs
Material quantity variance = (Standard quantity - Actual Quantity) Standard Rate
= (120,000 - 150,000) $1 per lbs
= - $30,000
Since value is negative because actual quantity used is more than standard quantity, the variance is unfavorable, therefore, material quantity variance = <u>$30,000 unfavorable</u>.
Answer:
a) a distribution of the company's earnings to its stockholders.
Explanation:
Dividend is the amount that is to be paid to the shareholders. This amount is arise from the earnings of the firm.
The dividend is distributed according to the shared issued to the shareholders. It can be preference dividend or common share dividend or both
Neither it is a assets minus stockholders' equity because it is a total liabilities
Nor it is a revenues less expenses because it is a net income
And, not as a liabilities minus stockholders' equity
Answer:
the taxable income is $12,000
Explanation:
The computation of the taxable income is given below:
Income $37,000
Less: Exclusions ($500)
Less: Adjustments/deductions ($2500)
Less: Itemised deductions ($21,000)
Less: QBI deduction ($1,000)
Taxable Income $12,000
Hence, the taxable income is $12,000
The same should be considered and relevant