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3 years ago

Bella has a credit score of 720. Based on the graph, which description most likely explains her score?

Business

2 answers:

Katena32 [7]3 years ago

7 0

Answer: The correct answer would be that she will be able to pay all her expenses easily because her credit score are 720 which is considered a good payment point.

Explanation: The correct answer would be that she will be able to pay all her expenses easily because her credit score is 720 which is considered a good payment point.

Explanation: Credit score is known as CIBIL. By this credit, score banks gauge the creditworthiness of a person. The data listed in our credit report CIBIL generate our credit score.

A person's credit history is submitted to CIBIL by banks and other financial institutions on a particular basis.

For example, if a person has a credit score of 600 then that person cannot be considered a good creditor. In this case, the bank doesn't lend him .

pshichka [43]3 years ago

4 0

Answer: The correct answer is that she pays her bills on time and does not have a lot of debt.

Explanation: A credit score of 720 is a good credit score, based on the graph. A good credit score means that you pay your bills on time and do not have too much debt.

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If a company produces many different products, it will develop a standard cost for each type of product. true false

saveliy_v [14]

True. A company will develop a standard cost for each product type if it produces many different products.

The process cost system should be used when manufacturing is efficient and continuous. This system's equivalent units method successfully represents the challenging problem of determining how much work the Work in Process entails.

Process costing explains how to use the concept of equivalent units to assign manufacturing costs to the units produced. Businesses may create and market various goods, or at the very least, multiple versions of the same product. Most of the time, manufactured goods are connected in terms of consumption or production. The firm's output and pricing decisions must consider the relationships between the items when they are related.

Learn more about Standard Cost here:

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4 0

2 years ago

Cari Chair Company manufactures rocking chairs. The estimated number of rocking chair sales for each of the last three months of

tester [92]

Answer:

Production December= 15,000

Explanation:

Giving the following information:

Month Unit Sales

October 10,000

November 14,000

December 15,000

Finished goods inventory at the end of November was 4,000 units.

To calculate the production required for December, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 15,000 + 16,000*0.25 - 4,000

Production= 15,000

4 0

3 years ago

Search... Unlock all answers JOIN FOR FREE jswagballerlife4060 01/08/2020 Business College answered LO 5.3Direct material costs

Tomtit [17]

Answer:

$130,000

Explanation:

Calculation to determine the value of the inventory transferred to the next department

First step is to calculate the Cost per unit

Using this formula

Cost per unit = Direct material costs + Direct labor costs + Overhead

Let plug in the formula

Cost per unit=$3+$5+(100%*$5)

Cost per unit = $3 + $5 + $5

Cost per unit = $13

Second step is to calculate the inventory transferred using this formula

Inventory transferred = Beginning inventory + Started Inventory - Ending inventory .

Let plug in the formula

Inventory transferred = 2,000 + 9,000 - 1,000

Inventory transferred = 10,000 units

Now let calculate the value of the inventory transferred

Using this formula

Value of inventory transferred = Inventory transferred × Cost per unit

Let plug in the formula

Value of inventory transferred = 10000 × $13

Value of inventory transferred = $130,000

Therefore the value of the inventory transferred to the next department is $130,000

8 0

2 years ago

Peter heads the communications department of Xenon Inc. He shows concern for the personal needs of his followers and helps them

Vitek1552 [10]

Answer:

a supportive leader

Explanation:

A supportive leader is a leader who is able to identify changes and assistance that are needed to promote the well-being of his team members and timely resolve all unnecessary issues with the aim of delivering a high standard of performance.

A supportive leader is usually kind, friendly, and concerned about the personal needs and welfare of his followers. He also leaves his door open to be approached by many people for advice and help, and also inspires them perform tasks assigned to them with enthusiasm.

Therefore, Peter's behavior implies that he is most likely a supportive leader.

5 0

2 years ago

Reserves decrease if the Federal Reserve?a. raises the discount rate or auctions more credit. b. raises the discount rate but no

sweet-ann [11.9K]

Answer:

D. lowers the discount rate but not if it auctions more credit

Explanation:

Discount rate adjustment and Federal Reserve's auction have the following effects on reserves.

Discount rate adjustment: a higher discount rate will encourage investment in the US economy, thus leading to increased reserves as investment inflows increase.

On the other hand, a lower discount rate encourages investment outflow into other jurisdictions with higher yields, thus reducing reserves.

Auction: auctioning more credit will result in the movement of investment flows into the Federal Reserve (an increase in reserves) as investors invest in auctions. Vice versa.

Therefore, a mix of lower discount rate and not auctioning more credit will result in lower reserves.

8 0

3 years ago