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3 years ago

What is your credit score based on

Business

2 answers:

GalinKa [24]3 years ago

7 0

Answer:

FICO Scores are calculated using many different pieces of credit data in your credit report. This data is grouped into five categories: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).

jarptica [38.1K]3 years ago

4 0

Answer:

Explanation:

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Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt

Masteriza [31]

Answer:

Crowdsourcing technique.

Explanation:

Crowdsourcing involves collection of information from a group of people that have relevant input in a subject, and is usually done over the internet. It allows business save money because the feedback is usually lowcost or free, and saves time.

Threadless by allowing people submit their own designs and vote on what designs they would like to see on T-shirts, are using crowdsourcing to get feedback and ideas from the public.

5 0

3 years ago

Which of these is a function of customer relationship management applications?

REY [17]

Answer:A

Explanation:

6 0

3 years ago

JT Inc. produces gourmet frozen dinners for the airline industry. JT has fixed costs of $200,000 and variable costs of $8 per fr

nadezda [96]

Answer:

The operating profit for this year amounts to $ 550,000

Explanation:

Operating Profit is computed below as:

Operating Profit = Revenue - Expense (Fixed Cost + Variable Cost)

= $1,950,000 - ($200,000 + $1,200,000)

= $1,950,000 - $1,400,000

= $550,000

Revenue = Number of frozen dinners × Selling Price

= 150,000 × $13

= $1,950,000

Variable Cost = Number of frozen dinners × Cost per frozen dinner

= 150,000 × $8

= $1,200,000

6 0

3 years ago

Eastevan Company calculated its return on investment as 10 percent. Sales are now $300,000, and the amount of total operating as

galben [10]

Answer:

a) 18.75%

b) $ 149333.33

Explanation:

Given:

Return on investment = 10% = 0.1

Total sales = $ 300000

Total operating assets = $ 320000

Reduction in expenses = $ 28000

a) The return on investment is calculated as:

Return on investment = Net income/ operating assets

on substituting the values, we get

0.1 = Net income/ $ 320000

Net income = 0.1 × $ 320000

Net income = $ 32000

The reduction in expenses is the amount that has been gained i.e the net income will increase

thus, the net income = $ 32000 + $ 28000 = $ 60000

now,

the return on investment for the latest net income will be

Return = $ 60000/$320,000

Return = 18.75%

b) for the condition given in the second case

we have

Return = 18.75%

Net income = $ 32000

Return = Net income/ operating asset

18.75% = $32000/ operating asset

Operating asset = $32000/0.1875

Operating assets = $ 170666.67

Now, the decrease of the operating asset from the actual asset = $ 320000 - $ 170666.67 = $ 149333.33

Thus, the operating cost must decrease by $ 149333.33

3 0

3 years ago

Milo Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150

Juliette [100K]

Answer:

Revised balance = $8000

Explanation:

Milo Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000, and management estimates 4% will be uncollectible.

Milo Company's balance of Allowance for Uncollectible Accounts after adjustments, was $ 5 comma 000.

The following year, Milo Company wrote off $ 3 comma 000 of old receivables as uncollectible.

The Allowance account balance now will be:

Amount of Uncollectible Accounts for the year = 4% x $150,000 = $6000

Previous balance is $5,000 less amount written off $3000 = $2000

Revised balance = $6,000 + $2000 which is $8000

5 0

3 years ago