The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.
<h3>What is a credit scores?</h3>
A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.
Normally, the higher the credit score, the higher the rate of repayment of credit.
Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.
However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.
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<em>brainly.com/question/26220899</em>
Answer:
will, real economic growth is positive in the long run.
Lower; creditors to debtors.
Explanation:
Theory of money is the economical view that the inflation is dependent on the money supply in the country. When the money supply is higher then inflation will be lowered and purchasing power of the consumer will be high. When inflation is set to a minimum possible rate then real economic growth will be positive in the long run and negative in the short run.
Answer:
E. $40,600
Explanation:
Calculation for the amount of net income reported on Sparty's income statement
Revenue $97,000
Less: Operating Expenses $39,000
Profit Before Tax $58,000
(97,000-39,000)
Less Taxes $17,400
Net Income $40,600
($58,000-$17,400)
Therefore the amount of net income reported on Sparty's income statement will be $40,600
Based on project management, the <u>Network Diagram</u> is a roadmap that displays how all the specific activities fit together to accomplish the project work scope.
<h3>Network Diagram in Project Management</h3>
Generally, Network Diagram is a tool used by project managers to visualize the whole concept before the work is carried out. It is also used throughout the project to determine how the work is to be done, including the duration and methods, sequence, and dependency.
<h3>Benefits of a Project network diagram</h3>
- Visual representation of work or project in progress.
- Ascertaining project workflows.
- Tracking dependencies and potential stoppages.
Hence, in this case, it is concluded that the correct answer is Network Diagram.
Learn more about Network Diagram here: brainly.com/question/8147877
Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.
<h3>How much overhead should be applied?</h3>
This can be found as:
= Direct materials x Predetermined overhead rate
Solving gives:
= 80,000 x 160%
= $128,000
In conclusion, the overhead cost to be applied is $128,000.
Find out more on predetermined overhead rates at brainly.com/question/26372929.
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