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julsineya [31]
3 years ago
13

Which of the following is not a valid FICO credit score? A.575 B.775 C.875 D.675

Business
2 answers:
svp [43]3 years ago
5 0

C. 875

FICO Scores range from 300-850 so 875 is higher that the best possible score.

I am Lyosha [343]3 years ago
4 0

Answer:

Option C.

Explanation:

The given credit scores are 575, 775, 875 and 675.

We need to find a credit score which is not valid.

300 - 579 means poor FICO credit score.

580 - 669 means fair FICO credit score.

670 - 739 means good FICO credit score.

740 - 799 means very good FICO credit score.

800 - 850 means exceptional FICO credit score.

The range of FICO credit score is 300-850. Since 875 is more than 850, therefore 875 is not a valid FICO credit score.

Thus, the correct option is C.

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When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money su
Triss [41]

When the money market is drawn with the value of money on the vertical axis, an increase in the money supply shifts the money supply curve to the

right, raising the price level.

What does money market mean?

The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.

What is the features of money market?

It is market purely for short-term funds or financial assets called near money. It deals with financial assets having a maturity period up to one year only. It deals with only those assets which can be converted into cash readily without loss and with minimum transaction cost

What Is Price Level?

Price level is the average of current prices across the entire spectrum of goods and services produced in an economy. In more general terms, price level refers to the price or cost of a good, service, or security in the economy.

Learn more about price level:

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4 0
2 years ago
Assume that the number of hosts connected to the Internet at year 2010 is five hundred million. If the number of hosts increases
daser333 [38]

Answer:

3096 million is the number of hosts in year 2020.

Explanation:

The number of hosts connected to the Internet at year 2010 ,P= 500 million

If the number of hosts increases only 20 percent per year.

Rate at which host increasing per year = 20% =0.20

Number of times host increased per time period(here in per year) = n = 1

The number of hosts connected to the Internet at year 2020 = P'

Duration of time = 2020 year - 2010 year = 10 years

P'=P(1+\frac{R}{n})^{nT}

P'=500 million(1+\frac{0.20}{1})^{1\times 10}

P' = 3095.87 million ≈ 3096 million

3096 million is the number of hosts in year 2020.

8 0
4 years ago
Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 10,000 units fol
Shalnov [3]

Answer:

1. $240

2. 12.5%

3. $168.75

Explanation:

1. Total cost per unit = Variable cost per unit + Fixed cost Per unit

= $150 + $90

= $240

Where ;

Variable costs per unit = Direct material +Direct labor + Overhead + Selling

= $100 + $25 + $20 + $5

= $150 per unit

Fixed costs per unit = Total fixed cost / Number of units produced

= ($470,000 + $105,000 + $325,000) / 10,000 units

= $900,000 / 10,000

= $90 per unit

2. Mark up percentage on Total cost = Mark-up / Total cost *100

= $300,000 / $2,400,000 * 100

= 12.5%

Where;

Total cost = Total cost per unit * Number of units produced

= $240 * 10,000 units

= $2,400,000

3. Selling price = Total cost per unit + Mark up

= $150 + ($150 * 12.5%)

= $150 + $18.75

= $168.75

3 0
3 years ago
Why wages differ
cestrela7 [59]

Answer:

Scenario Differences In Human Capital Compensating Differential Differences In Natural Ability Labor Unions An Economics Consulting Firm Hires Rina, A Recent PhD Graduate In Economics, And Pays Her An ... For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings.

Explanation:

8 0
3 years ago
Pestiferous Manufacturing produces a chemical pesticide and uses process costing. There are three processing departmentslong das
ExtremeBDS [4]

Answer:

C. $ 32 comma 742

Explanation:

We are given with the ending WIP equivalent untis and the equivalent untis conversion adn material cost

We sjust need to multiply and add them:

material EU x equivalent cost per material +

conversion EU x equivalent cost per conversion

9,000 x 1.35 +

<u>3,960 x 5.20   </u>

32,742

8 0
4 years ago
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