Answer: Direct evidence of ability to pay debt
Explanation:
Payment history and Total debt are so highly rated because they provide direct evidence of the person's ability to pay back debt.
Payment history shows how well the person had been paying off previous debt and this is very important because it is believed to show a person's ability to pay future debt. If a person's payment history is bad, credit rating agencies will express doubt at this trend changing thus reducing one's credit score.
Total debt is an even more direct determinant of a person's ability to pay. The more debt a person currently holds, the less they will be able to pay for new debt because it would mean that a significant part of their income is already going towards debt payment. This will therefore reduce a person's credit score. The reverse is true.
Answer:
Explanation:
The adjusting entry for supplies is shown below:
Supplies expense A/c Dr $115
To supplies A/c $115
(Being adjusted entry recorded)
The trial balance show a supplies balance of $148 and the supplies on hand were $33, so the adjusted supply balance would be equal to
= Supplies balance - supplies on hand
= $148 - $33
= $115
<span>A lesson she learned was to tell everyone you meet about your idea. She implements this in her company buy always being open minded and following leads. This helped her business grow and also created good relationships with those that her business dealt with.</span>
The price of sugar that prevails in international markets is called the: Market futures price.
<h3>Market Futures price</h3>
The price of any commodity, sugar inclusive is usually quoted in two different ways.
The first of which is the market or the market futures price, which is the price reported in the news and regarded as the global trading price for such commodity. The spot price, on the other hand, is the cash price of commodities. This is what traders actually use for such commodity on the day of purchase.
Read more on market futures price;
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Answer:
yessir
Explanation:
you talk to people about what bike they want and stuff, im smart