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Semenov [28]
3 years ago
10

At what percentage of credit card usage, does it start affecting your score in a negative way?​

Business
1 answer:
cluponka [151]3 years ago
4 0

Answer:

3%

Explanation:

ratio of 80 or 90 percent or more highly negative impact on your credit score.

You might be interested in
Consider jimmy choo designer shoes. jimmy choo faces many competitors, while in another way jimmy choo faces no competitors. thi
Leno4ka [110]
The contradiction can be explained by the substitutability between Jimmy Choo shoes and other shoes. 
Substitutability is the ability of goods or services to be replaced by another good or services to be replaced by another good or service in use or consumption. Substitute goods are goods which, as a result of changed conditions, may replace each other in use. For example in this case, jimmy choo faces other competitors who have substitute shoes.
3 0
2 years ago
At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $175,000; Total Liabilit
Ne4ueva [31]

Answer:

$88,000

Explanation:

The computation of the ending balance of the retained earning balance is shown below:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

where,

net income is

= Revenues - expenses

= $50,500 - $33,000

= $17,500

And, the other items values would remain the same

So, the ending balance is

= $92,500 + $17,500 - $22,000

= $88,000

7 0
3 years ago
Tracy is passed over for a promotion and raise because he is often late to work and misses deadlines. He wants to make himself l
alex41 [277]

Answer: impression management

Explanation:

This is a strategy where one wants to maintain how people sees them by saying particular things that will make them look impressive or do certain things that will make them look impressive either because they want to be liked or they want to maintain a certain status amongst their friends.

Tracy wants to maintain her status hence she has to lie to her friends to keep looking like a great person who is achieving great things in life even when she is not.

She has to maintain that impression they have of her that she has probably built over time amongst her friends .

6 0
3 years ago
You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on
inysia [295]

Answer:

$258077.04

Explanation:

The cost of the house is $350,000

Apply compound interest formula

A=P(1+r/n)^nt

where

A=amount of loan after the period has elapse=?

P=principal deposit amount=$50,000

r=rate of interest in decimal form=0.07%

t=time taken for the loan to mature

n=1

A=$50,000(1+0.07)^9

A=$50,000*(1.07)^9

A=$91922.96

Remaining balance =$350000-$91922.96=$258077.04

4 0
3 years ago
Partner A has a capital balance of $20,000 and devotes full time to the partnership. Partner B has a capital balance of $30,000
gtnhenbr [62]

Answer:

The ratio of net income distribution

= $20,000: $30,000

= 2:3

Explanation:

The ratio of income distribution is the ratio of capital contributed by each partner. A contributes $20,000 while B contributes $30,000. The ratio of net income distribution is 2:3.

4 0
3 years ago
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