What vehicle looks the same coming or going

payment history and total debt, together, comprise of 65% of your score. why do you think it’s so high?

Otrada [13]

Solution and Explanation:

Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.

In the event that you have poor credit, you've presumably had a blend of negative things on your credit report, as missed installments, misconducts, or possibly a chapter 11 or dispossession. You can generally demand a free credit report to make sense of what precisely is keeping your score so low. Truth be told, we prescribe checking your credit report each year.

Government law permits you access to a free duplicate of every one of your three reports like clockwork, so there's no explanation not to exploit this advantage.

6 0

4 years ago

Define investment bank.

mezya [45]

Answer:

Investment banks are middlemen between those with money and those with ideas who need funding. They give money a productive purpose by channelling into projects.. it's a financial service of company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations and governments

7 0

3 years ago

Prepare a statement of cash flows

notsponge [240]

Answer:

Required 1

1. operating activities (OA) and investing activities (IA)

2. financing activities (FA)

3. financing activities (FA), operating activities (OA) and investing activities (IA)

4. financing activities (FA)

5. operating activities (OA)

6. financing activities (FA)

Required 2

All-Star Automotive Company

Statement of cash flows for the year ended 2013

Cash Flow from Operating Activities

Service Revenue $25,000

Salary Expense Paid - $14,000

Utilities Expenses - $2,800

Net Cash from Operating Activities $8,200

Cash Flow from Investing Activities

Land Purchase - $6,000

Proceeds from Sale of Land $9,000

Net Cash from Investing Activities $3,000

Cash Flow from Financing Activities

Issue of Common Stock $50,000

Loan Payable Acquired $5,000

Repayment of Loan - $2,000

Dividends Paid - $5,000

Net Cash from Financing Activities $48,000

Movement during the year $59,200

Cash and Cash Equivalents at the Beginning $9,000

Cash and Cash Equivalents at the End $68,200

Explanation:

Cash Flow from Operating Activities

This section shows the cash derived from daily operating activities of the business .

Cash Flow from Investing Activities

This section shows the cash derived from acquisition or sale of tangible and intangible assets of a long term.

Cash Flow from Financing Activities

This section shows the cash derived from the sources of finance and the repayments thereoff.

5 0

3 years ago

Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $242.00. 15 Replenished the pe

kkurt [141]

Answer:

petty cash fund 242 debit

cash 242 credit

--to establish a petty fund--

freigth-out 53.40 debit

entertainment expense 15.00 debit

postage expense 12.70 debit

miscellaneous expense 112.50 debit

cash shortage loss 2.40 debit

cash 196 credit

--to replenish the fund on August 15th--

petty cash fund 200 debit

cash 200 credit

--to increase petty fund by 200 dollars--

freigth-out 25.40 debit

entertainment expense 153.60 debit

postage expense 124.00 debit

cash shortage loss 1.00 debit

cash 304 credit

--to replenish the fund on August 31th--

Explanation:

when replenish we don't use the petty fund account we adjust directly against cash leaveing the petty fund balance untouched. We only adjusted for increases or decreases in the total amount available at the petty cash fund.

3 0

3 years ago

Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment. Foreign Dir

Fudgin [204]

Answer:

Foreign Direct Investment - Opening a retail store in a foreign country

Foreign Portfolio Investment - Buying bonds issued by a foreign government

false

Explanation:

Foreign direct investment can be described as when a firm or an individual in one country makes an investment in a business interest in another country.

Foreign direct investment usually takes two form :

the investor sets up a business in the foreign country
the investor acquires foreign assets in the foreign country.

An example is when a US firm establishes a new business in another country.

foreign direct investment usually requires a lot of active management. As a result, an individual might not have the capacity or resources to effectively manage an FDI when compared with a corporation

Foreign Portfolio Investment is when an investor in one country purchases financial assets in another country.

For example, a resident of the US purchases bonds in Ghana

7 0

3 years ago