1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zolol [24]
3 years ago
7

What is a credit score intended to measure?

Business
1 answer:
Burka [1]3 years ago
4 0
A credit score is a numerical point system based on a select credit report characteristics. There is no direct relationship to financial credit scores used in the lending decisions, as insurance scores are not intended to measure credit worth but rather to predict risk
You might be interested in
On January ​3, Halsall Corporation purchased 1,800 shares of the​ company's ​$1 par value common stock as treasury​ stock, payin
Salsk061 [2.6K]

Answer:

The journal entries alongwith its explanation are as under:

Explanation:

Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:

Dr Treasury Stock (1800 share*$8 per share) $14,400

Cr Cash                                                                      $14,400  

 

Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:

Dr Cash (1200*9)                 $10,800

Cr Treasury stock (1200*8) $9,600

Cr Paid in capital from sale of treasury stock $1,200

4 0
3 years ago
​Peeler's Smoothie Company has provided the following​ information: Sales price per unit $ 6.50 Variable cost per unit $ 2.00 Fi
ra1l [238]

Answer:

Contribution margin ratio = 69.23%

Explanation:

We know,

Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100

Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit

Given,

Sales price per unit = $6.50

Variable cost per unit = $2.00

Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50

Putting the values into the above formula, we can get,

Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)

3 0
3 years ago
Give an example of a public franchise and an example of a public enterprise. an example of a public franchise is
Masja [62]
<span>I took this before, it's a firm that is the​ sole, government-designated provider of electricity​, and an example of a public enterprise is the government directly providing sewage service.

(:
</span>
6 0
3 years ago
How much would you have to invest today in the bank at an interest rate of 10% to have an annuity of $5600 per year for 7 years,
Shtirlitz [24]

Answer:

PV = $27,263.15

It will be needed to deposit the lump sum of $27,263.15

Explanation:

The question is asking for how much will you need to deposit in a lump sum  today to withdraw for seven years the sum of $5,600 with an interest rate of 10%

In other words it is asking us for the preset value of an annuity of $5,600 with interest of 10%

Using the present value of an annuity formula of $1 we can solve for the present value of that annuity, which is the amount needed to generate this annuity

C * \frac{1-(1+r)^{-time} }{rate}= PV\\

We post our knows value and solve it:

5,600 * \frac{1-(1+0.10)^{-7} }{0.10}= PV\\

PV = $27,263.15

8 0
3 years ago
What is one good way to find out how well prospects will do a job?
amid [387]

Answer:

do an interview

Explanation:

.........

7 0
2 years ago
Read 2 more answers
Other questions:
  • Marla, a bookkeeper, would like to work at home in order to be with her young children. But before setting up her home-based boo
    14·2 answers
  • It has been abundantly demonstrated that nominal interest rates, exchange rates, and inflation are very tightly linked. In Italy
    8·1 answer
  • If your uncle borrows $69,000 from the bank at 11 percent interest over the nine-year life of the loan. Use Appendix D for an ap
    13·1 answer
  • An offender neutralizes his guilt over the robbery of a convenience store by claiming that the victim routinely cheated customer
    11·1 answer
  • There are no preferred dividends in arrears, the balances in the Accounts Receivable and Inventory accounts are unchanged from J
    8·1 answer
  • If units produced are greater than units sold: Multiple Choice
    5·2 answers
  • Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had
    14·1 answer
  • Describe how McDonald's goods and services were in high demand by incorporating the ideas of needs and wants .
    14·2 answers
  • What other cost categories are not reflected in the budget above? And how much do you estimate they will cost
    6·1 answer
  • Abigail has an inheritance tax lien placed on all of her property. What kind of a lien is it?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!