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melamori03 [73]
3 years ago
9

How does your credit score affect the price you pay for insurance? Discuss at least two methods for improving your credit score.

Business
1 answer:
kodGreya [7K]3 years ago
6 0
Get the app credit carma and got to glivinski n' associates
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Barney wants to start a new business that yields a profit of​ 20% per year after a period of 2 years. In this​ period, if he
crimeas [40]

Answer:

Opportunity costs.

Explanation:

Investing in stocks depicts Barney's opportunity cost of money.

The opportunity cost is the money or funds held up by an individual instead of investing it in other businesses or ventures to yield interests.

5 0
3 years ago
One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per
inessss [21]

Answer:

Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:

PVA =C({1 – [1/(1 +r)t]} /r)

$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}

Now we solve for t:

1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}

1/1.0155t= 0.5505

1.0155t= 1/(0.5505) = 1.817

t = ln 1.817 / ln 1.0155 = 38.83 months

<u>Account will be paid off in 38.83 months.</u>

7 0
2 years ago
A Six sigma (6s) approach to quality focuses on preventing defects by using customer feedback to reduce variation and waste. Gro
andre [41]

Answer:

False

Explanation:

Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.

<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>

Six sigma does NOT focus on customers feedback to reduce variation and waste.

3 0
3 years ago
Yuhyuhyuhyyuhyuhyyuhyuhyuyhyuhyuhyuh
Galina-37 [17]

yeahyeahyeahyeahyeahyeahyeah

6 0
3 years ago
If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables
vesna_86 [32]

Answer:

factoring company

Explanation:

Factoring companies purchase your company's invoices (account receivables). When they do that, your company promptly receives a cash advance, instead of waiting for the usual 60, 90 day period to receive the full payment amount. Afterward, the factoring company collects the payment from your clients.

All of that is done for a fee to the factoring company (deducted from the full payment amount) and mostly with clients with whom it is normal to have longer payment periods. Factoring is an essential way to get bigger working capital.

5 0
3 years ago
Read 2 more answers
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