Answer:
Someone with a high credit score may be required to make a lower down payment.
Explanation:
A high credit score is an indication of good borrowing and repayment culture by an individual. It shows the individual makes prompt repayments on their debts, and they hardly miss on installments. A borrower with a high credit score is labeled as creditworthy or a low-risk customer.
A low credit score arises when a customer has a bad history of debt repayment. They have either defaulted or tend to miss on installments. A borrower with low credit is considered high-risk and likely to default on payments.
A lender will demand a high deposit from a borrower with a low credit score to cover for the high-risk involved in the transaction. A borrower with a high credit score is a low-risk customer and does not need to offer a high deposit to access credit.
The answer to this question is <span>Total utility
</span><span>Total utility refers to the level of satisfaction that customers experience when consuming a certain amount of goods/products.
The amount of utility could maxed out after customers consuming a certain amount of the same product, which make it impossible to obtain additinal satisfaction after hitting a certain thresold.</span>
The static-budget variance for operating income for Jerome Mobility Inc for 2017 is $7,500 F
Solution & Explanation:
Static difference in net profits
= Actual result - Static budget amount
= $47,500 - $40,000
= $7,500 F
The static budget is related to the amount of development expected at the beginning of the financial year. The master budget is the static budget, since it is around a single (absolute) projected production level which is established for the time.
F implies the real expense is smaller than the estimated costs for product products.
The single-budget distinction is the difference in the single budget between the real effects and the resulting estimate.
An adverse deviation -denoted U— has the impact of decreasing operational profit relative to the expected sum as interpreted separately. For certain countries, including the UK, negative variances are often referred to as adverse variances.
Answer:
True
Explanation:
Firms and organisations need to register their companies as this helps them to avoid any problem related to the company's name and trademark in the future. Furthermore, trademark protection prevents another firm to copy another firms name, logo or tagline which can create confusion in the minds of potential buyers. Trademark protection costs a very minimal amount but protects a company's name.