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ollegr [7]
3 years ago
8

A car dealership performs a credit check on a potential customer. according to the credit bureau, the customer's credit score is

710. this is an example of
Business
1 answer:
Nikitich [7]3 years ago
5 0
A 710 credit score is considered good. People with this credit score are likely to be approved for credit cards and loans with average interest rates and terms.
You might be interested in
Assume the Canadian dollar is equal to $.90 and the Argentine peso is equal to $.30. The value of the Canadian dollars is _____
Viefleur [7K]

The value of the Canadian dollars is 3 Argentine pesos.

<h3>What is currency conversion?</h3>

Conversion conversion refers to the ratio between two currencies, most commonly used in foreign exchange markets. It shows how much of one currency is needed to exchange for the equivalent value of another currency.

Given the above, let :

CAD/ARS = rate of canadian dollar in terms of argentine peso

CAD/USD = rate of canadian dollar in terms of US Dollar = $0.90

ARS/USD = rate of argentine peso in terms of US Dollar = $0.30

     

Here, since the Canadian dollar and Agentine peso have US dollar as their common variable currency (that is the currency which can change its amount for one unit of another currency), the exchange rate of Canadian dollar in terms of Argentine peso is given by:

CAD/ARS = {(CAD / USD) / (ARS / USD)}

CAD/ARS = $0.9 / $0.3

CAD/ARS = 3

Therefore, 1 Canadian dollar = 3 Argentine peso.

Learn more about currency conversion here : brainly.com/question/906390

     

6 0
2 years ago
A decrease in the ________ will cause an increase in common stock value.
olga_2 [115]

Answer:

The correct answer is letter "B": required rate of return.

Explanation:

The required rate of return helps investors determine where to invest and allows them to compare their investment returns to all other choices. They can do this by taking the <em>Risk-Free Rate of Return, Inflation, </em>and <em>Liquidity</em> into account. The required risk of return is subjective and varies from investor to investor.

<em>The lower the required risk of return implies investors are confident in the stock providing them profits which is a signal of stability of that asset that will be interpreted in an increase in the stock value.</em>

3 0
4 years ago
In all states besides the one in which it is incorporated, a business is known as a(n)
kap26 [50]

Answer:

foreign corporation

Explanation:

A foreign corporation is indeed a phrase used throughout the Americas to define an established corporation (or another form of company, including a limited company ) carrying on commercial activity in a nation or territory other than where the company was initially incorporated.

The term refers to both territorial companies organized in another state and companies established in a country apart from the USA. All Laws require foreign companies to file with the system before performing official business.

6 0
4 years ago
Supplies had a beginning balance of $4,000. A physical count at the end of the accounting period revealed $2,500 supplies on han
Harrizon [31]

Answer:

The amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet is <u>$1,500</u>.

Explanation:

Given:

Supplies had a beginning balance of $4,000. A physical count at the end of the accounting period revealed $2,500 supplies on hand.

Now, to find the amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet.

As, given in the question:

<em>Beginning balance of Supplies = $4,000.</em>

<em>Supplies on hand = $2,500.</em>

So, to get the amount of adjustment Supplies on hand should be subtracted from the beginning balance of Supplies:

\$4,000-\$2,500\\\\=\$1,500.

Therefore, the amount that will appear for Supplies in the Adjustments section of the end-of-period spreadsheet is $1,500.

5 0
3 years ago
A stock you are evaluating just paid an annual dividend of $2.70. Dividends have grown at a constant rate of 2.4 percent over th
Nady [450]

Answer:

<em>Value of the stock in four years: $22.69</em>

Explanation:

We use the gordon model  to sovle for the intrinsic value (fair value) of the share according to their future cash flow:

\frac{divends_1}{return-growth} = Intrinsic \: Value

the formula uses next year dividends so we need to calcualte:

2.70 x 1.024 = 2,7648‬

Now we can solve for the value of the stock:

g = 0.024

r = 0.158

\frac{2.7648}{0.158-0.024} = Intrinsic \: Value

Present Value = 20.63283582

That is the value of the stock today.

Now we apply the grow factor for the next four year:

Principal \: (1+ r)^{time} = Amount

Principal 20.63283582

time 4.00

rate 0.02400

20.6328358208955 \: (1+ 0.024)^{4} = Amount

<em>Amount 22.69</em>

6 0
4 years ago
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