Applying for a loan in each of the dealerships he visited will have negative consequences on his credit score.
The credit score is a term to refer to the score that people have toward the financial system. The credit score is a kind of business card for each person regarding their financial life.
One of the most common mistakes people make is when they make multiple credit applications when they intend to buy something because this is a bad practice for their credit score.
For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.
In addition, people who apply for loans in different entities are generally forced to do so because they are denied the possibility of credit, that is, they have an unfavorable history to access a loan.
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Answer:
social context
Explanation:
Social context -
It refers to the physical environment in which the people live , is referred to as the social context .
It is also known as the sociocultural context or social environment .
Social context consists of all the living as well as non living things , the people living in the society have certain impacts from the outside environment , which can be good as well as bad .
In the given scenario of the question ,
Ramiro has very positive impact from the social context , and hence he is very satisfied and happy with his job .
The ones that count equal the a-l period cost because the inventoriable cost is the thing businesses have at period cost
Answer:
-$1,908
Explanation:
Current liabilities:
= Total debt - Long term debt
= $21,750 - $18,100
= $3,650
Retained earnings:
= Net income - Dividend
= $5,500 - $1,925
= $3,575
Increase in assets:
= Total assets × Percentage increase in sales
= $48,900 × 4%
= $1,956
Increase in liabilities:
= Current liabilities × Percentage increase in sales
= $3,650 × 4%
= $146
Increase in retained earnings:
= Retained earnings × (1 + 4%)
= $3,575 × 1.04
= $3,718
Therefore,
External financing need:
= Increase in assets - Increase in liabilities - Increase in retained earnings
= $1,956 - $146 - $3,718
= -$1,908
Answer:
11,700 units
Explanation:
Calculation for the equivalent units of production for the month, assuming the company uses the weighted average method
Unit completed and transferred to the next stage 8,800 units
Add Unit in ending goods in process inventory 2,900 units
(5,800 units*50%)
Equivalent units of production 11,700 units
(8,800 units+2,900 units)
Therefore the equivalent units of production for the month, assuming the company uses the weighted average method will be 11,700 units
