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Fudgin [204]
3 years ago
15

Which action is least important to maintaining a healthy credit score?

Business
2 answers:
Musya8 [376]3 years ago
8 0
Paying all your bills on time

If you pay your bills on time consistently, your credit score will rise.

If you do not, your credit score will drop, and sooner or later they will not loan you anymore money


hope this helps
IgorLugansk [536]3 years ago
3 0

Answer:

The options for this question are the following:

I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several credit cards. IV. Using the internet to pay your bills.

The correct answer are I and III.

Explanation:

Taking into account the factors that influence your history, and how a healthy score can bring you benefits, it is time to start developing healthy habits of managing your income and how you handle your debts. Just as maintaining a healthy weight prevents illness, a healthy credit history avoids long-term financial problems. You know that to maintain a healthy weight you must eat healthy and exercise regularly. Healthy eating and exercise for a credit history translates to:

  • Analyze your income. How much do you earn per month in active and passive income? Does anyone help you with your expenses?
  • How much can you acquire from debt? Remember that the golden rule is that your debt does not exceed 30% of your monthly income. For example, if you earn $ 20,000 pesos per month, your debt should not be greater than $ 6,000 pesos per month, and this includes all types of credits you manage.
  • Make budgets for your normal expenses and debts. Based on your income, recurring expenses and debts, you can assign a budget to each thing.
  • Enjoy the fruits of your effort. As time goes by, you will see and receive the benefits of having a healthy credit score.
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Lockheed Martin is increasing its booster thrust power in order to win more satellite launch contracts from European companies i
Valentin [98]

Answer:

Lockheed Martin needs to make $3,476,250 per year (during 8 years) to cover their costs and investment required for the project if their MARR is 12%.

Explanation:

required investment -$13,000,000

operating costs per year = -$900,000

8 years useful life, salvage value of $500,000

to calculate the annual worth we need to determine capital recovery of the project:

capital recovery = [-$13,000,000 x annuity factor PV (A/P, 12%, 8)] + [$500,000 x annuity factor (A/F, 12%, 8)] = (-$13,000,000 x .2013) + ($500,000 x .0813) = -$2,616,900 + $40,650 = -$2,576,250

this means that Lockheed Martin would need to earn $2,576,250 during 8 years just to recover their investment.

since the company will also incur in yearly operating costs, they must include them to determine the total annual worth of the project:

annual worth = -$2,576,250 - $900,000 = -$3,476,250

5 0
3 years ago
Which of the following components of the performance management cycle involves gaining an in-depth understanding of a team or an
zaharov [31]

Planning is the components of the performance management cycle involves gaining an in-depth understanding of a team or an organization's goals, the role of the followers in the goal accomplishment, and the context in which the followers operate.

<h3>What is business planning?</h3>

This is the term that is used to ref rto all of the ways that is used to put up the overall functioning of a business.

This is the way of getting the roles that are to be played in the ways that they should be carried out and all of the ways that would be used to put the components of the business together.

Business planning is a very serious component of the business because it helps to ensure that the business would turn out to be successful.

Read more on planning here:

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4 0
2 years ago
Accompanying the bank statement was a debit memo for bank service charges. On the bank reconciliation, the item is.
77julia77 [94]

Accompanying the bank statement was a debit memo for bank service charges. On the bank reconciliation, the item is a deduction from the balance per the company's records.

<h3>What is a bank statement?</h3>

Generally, Bank service charge refers to the fees that the bank levies against the company for the company's transactions involving its bank account.

This is shown as a deduction on the company's bank statement as reported by the bank, but it has not yet been recorded in the company's records.

Along with the bank statement, there was a debit memo for the bank service charges that were included. According to the records of the company, the item will be deducted from the total balance on the bank reconciliation.

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6 0
1 year ago
Which of the following is not a business transaction?
irina [24]

Answer:

D. Erin pays her monthly personal credit card bill.

4 0
3 years ago
Sales mix is: a. important to sales managers but not to accountants. b. easier to analyze on absorption costing income statement
swat32

Answer:

D) a measure of the relative percentage in which a company's products are sold.

Explanation:

The sales mix of a company refers to the percentage or proportion in which their products are sold. For example, a company that sells 2 products A and B, its sales mix could be 45% of product A and 55% of product B. It basically measures the importance or relative weight of each product compared to the total sales of the company. Sales mix is usually measured in dollars, not units sold.

3 0
3 years ago
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