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3 years ago

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

2 answers:

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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A new president has been elected. She promises to lower taxes drastically. What is most LIKELY to happen as a result of this dec

pogonyaev

Answer:

Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.

Explanation:

6 0

3 years ago

About how many tax returns are selected by the IRS of adults each year?

Trava [24]

<span>A little over 1% of all returns are selected for audit each year.</span>

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4 years ago

QuickBooks Online offers many solutions for categorizing financial transactions. The most common categories used are Chart of Ac

Anon25 [30]

Answer:

- class and/or location tracking

- projects

- sub-customers

Explanation:

Remember, QuickBooks online is an Enterprise resource tool that allows businesses manage their inventory and transactions which includes reports that would show details about projects, sub-customers and location.

7 0

4 years ago

A thirty-year annuity has end-of-month payments. The first year the payments are each $120. In subsequent years each payment inc

Sholpan [36]

Answer:

NPV of the annuity = $209,782.38

Explanation:

Note: See the attached file to see how the Present Values (PV) and the Net Present Value (NPV) are calculated.

The following explanation should be read with the attached.

i = Monthly interest rate = 3%/12 = 0.25%, or 0.0025

DF = Discounting factor = (1 + i)^n = (1 + 0.0025, where n denotes relevant month

Number of months = 30 years * 12 months = 360 months

CF = Cash Flow = P + 5, where P denotes previous payment

Download xlsx

7 0

3 years ago

1.1) The beta coefficient of Gans Ltd share is 0.9 and Handy Ltd share S has a beta of

Brut [27]

Answer:

1. The riskier stock is the one with the higher beta which is Handy Ltd.

Use CAPM to calculate the required return on both stocks. The formula is:

Required return = Risk free rate + beta * (market return - risk free rate)

Gans Ltd Stock Handy Ltd Stock

= 4% + 0.9 * ( 10% - 4%) = 4% + 1.8 * (10% - 4%)

= 9.4% = 14.8%

Difference = 14.8 - 9.4

= 5.4%

2. a. Expected return

Expected return is a weighted average of the returns given the probability of the different state of economies.

= (0.25 * 18%) + (0.4 * 5%) + (0.35 * -2%)

= 0.045 + 0.02 - 0.007

= 5.8%

b. Required return

Using CAPM like in question 1:

Required return = Risk free rate + beta * (market return - risk free rate)

= 4% + 1.2 * ( 10% - 4%)

= 11.2%

c. The asset <u>should not be purchased</u> because its expected return is lower than its required return. This means that the stock is not providing enough return for the risk incurred.

6 0

3 years ago