All categories

3 years ago

A "credit score" is a three-digit number which rates how much businesses like you personally.

Business

1 answer:

Lesechka [4]3 years ago

3 0

False.

Credit scores range from 300-850 and are a measure of your payment history, level of debt, and how long you have been responsible for debt.

You might be interested in

As of july 2017, what movie is listed as number 1 on the american film institute's list of the "100 funniest movies of all time

shepuryov [24]

Some Like it Hot - It was directed and produced in 1959, but set in 1929 by Billy Wilder. It starred Tony Curtis, Marilyn Monroe, and Jack Lemmon. It opened to mainly positive reviews and has been ranked as highest film in American Film Institute's list of "100 funniest movies of all time." This film is especially renounced for it's use of cross-dressing, and its openness in the use of homosexuality. This saw the film produced without the permission of Motion Picture Production Code. The film's overbearing success contributed to demeaning such moral codes in film production. It was especially one of the last nails in the coffin of Hays Code.

6 0

3 years ago

Read 2 more answers

A question associated with the saving component of financial planning is:

ohaa [14]

Answer:

The question would be, Do you have an adequate emergency fund?

Explanation:

When an individual or a company is evaluated on the basis of its current income and a plan is made for its future finances, to predict future income, assets, finances, etc, it is called as the Financial Planning.

The most important question to be asked while planning for finances is, Do you have an adequate amount of emergency funds? This is because it is always necessary to have some funds reserved for emergency purpose. Planning your finances without reserving amount for the emergency is useless. So it is most important to have an adequate amount of money or funds reserved for the emergency situations.

4 0

3 years ago

Jim, an employee of CL Inc., is responsible for planning, marketing, budgeting, sales, and profit performance of a specific bran

Ulleksa [173]

Answer: Product Manager.

Explanation:

Jim is the product manager in his company, hence he is in charge of supervising the design, development and marketing of the product of his organization. Jim's duty is to ensure quality products are produced that meet the consumer needs and at the same time the products are profitable for his company.

8 0

3 years ago

The Solar Calculator Company proposes to invest $5 million in a new calculator-making plant that will depreciate on a straight-l

Harrizon [31]

Answer:

The Break-even annual sales= $2,222,222.22

Explanation:

The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss

Contribution margin ratio = (20-5)/20=75%

Break-even (units) = Total general fixed cost /(selling price- variable cost)

= 5,000,000/75%

= $6,666,666.67

The annual sales = $6,666,666.67/3 = $2,222,222.22

The Break-even annual sales= $2,222,222.22

8 0

3 years ago

Haberdashery Company has a beginning Work-in-Process Inventory of 39,000 units (40% complete). During the period, 124,000 units

klasskru [66]

Answer:

156,200 equivalent units

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.

Equivalent Units = Degree of work done × units of inventory

There are two (2) methods to compute equivalent units

First in First Out
Weighted Average method

Weighted average method

Under this method, to account for completed units , no distinction is made between work started in previous period and those started this period. It is assumed that for all completed units, 100% of the work required was done in the current period.

We can work out the Equivalent units for Haberdashery Company as follows:

Items Units Workings Equivalent units

Completed units 129,000 100% × 129,000 = 129,000

Closing WIP 34,000 80% × 34000 = 27,200

Total equivalent units 156,200

Note the completed units = opening inventory + newly introduced units - closing inventory

Completed units= 39,000 + 124,000 - 34,000

= 129,000 units.

Equivalent units for conversion cost = 129,000 +27,200 = 156,200 units

3 0

3 years ago