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balu736 [363]
4 years ago
13

Whats a healthly credit score?

Business
2 answers:
aleksley [76]4 years ago
5 0
721-749 is a good credit score. But 721 and up is good
vodka [1.7K]4 years ago
4 0
While different lenders have their own standards for rating credit scores<span>, 700 and higher (on a scale of 300 to 850) is generally considered </span>good<span>. Lenders typically use your 3-digit </span>credit score<span> to help them decide if they'll approve you for a loan or </span>credit <span>card.</span>
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The market equilibrium point for a product is reached when 11000 units are produced and sold at $24 per unit. The manufacturer w
iris [78.8K]

Answer:

Explanation:

  • Let the demand equation be P = X + YQ
  • at P = $24, Q = 11000units
  • 24 = X + 11000Y.............equation 1
  • when P = $61, Q = 0units
  • 61 = X

Substitute the value of X in equation 1

  • 24 - X = 11000Y
  • Y = 24 - 61 /11000
  • Y = - 0.00336
  • hence demand equation ; P = X + YQ , P =61 - 0.00336Q

Similarly, let the supply equation be P = Z + wQ

  • at P = $24, Q = 11000units
  • 24 = Z + 11000w....................equation 2
  • at P = $3, Q = 0
  • from equation P = Z + wQ, 3 = Z
  • hence Z = 3

Substitute the value of Z in equation 2

  • 24 = Z + 11000w, but Z = 3
  • 24 - 3/11000 = w
  • w = 0.00191
  • hence the supply equation becomes, P = 3 + 0.00191w
5 0
4 years ago
Minnetonka Company leases an asset. Information regarding the lease:
wariber [46]

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

D. Finance.

The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

4 0
4 years ago
Read 2 more answers
On January 1, 2019, Commercial Equipment Sales issued 22,000 in bonds for 21700. These are six−year bonds with a stated interest
Veronika [31]

Answer:

$1,565

Explanation:

Interest expense = Interest payment + Amortization expense

also,

Interest payment = 22,000 × 14% × [ 6 ÷ 12 ]           [∵ 6 ÷ 12 ; since payment are semiannual ]

Thus,

Interest payment = $1,540

and,

Amortization expense = [22,000 - 21,700 ] ÷ [6 × 2]      

= $25

Therefore,

Interest expense = $1,540 + $25

= $1,565

3 0
4 years ago
(Calculating annuity payments) The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures
Olenka [21]

Answer:

Ans. The equal amount of money that Aggarwal Corporation needs to put into this account, for 10 years, at the end of each year is $658,200.90

Explanation:

Hi, in order to find the equal amount of money to put into this account, that returns 9% annually, for ten years, and to be paid at the end of each year, we need to use the following formula and solve for "A".

Future Value=\frac{A((1+r)^{n}-1) }{r}

Where:

Future Value= $10,000,000

r= 0.09

n=10

So, everything should look like this.

10,000,000=\frac{A((1+0.09)^{10}-1) }{0.09}

10,000,000=A(15.1929297)

\frac{10,000,000}{15.1929297} =A

A=658,200.9

The answer is: Aggarwal Corporation needs to save $658,200.90 every year, at the end of the year, for ten years in order to get $10,000,000 in ten years to retire its mortgage.

Best of luck.

5 0
3 years ago
Which of these is true about the cash cow?
laiz [17]

Answer:

d

Explanation:

Cash cow relates to a company investment in a low growth market with a high market share.....

5 0
3 years ago
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