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Serjik [45]
3 years ago
15

Which best explains what a credit score represents?

Business
2 answers:
jeyben [28]3 years ago
7 0

A credit score is a statistical number that depicts a person's creditworthiness. Lenders use a credit score to evaluate the probability that a person repays his debts. Companies generate a credit score for each person with a Social Security number using data from the person's previous credit history. A credit score is a three-digit number ranging from 300 to 850, with 850 as the highest score that a borrower can achieve. The higher the score, the more financially trustworthy a person is considered to be.

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Read more: Credit Score Definition | Investopedia http://www.investopedia.com/terms/c/credit_score.asp#ixzz4VeWYGsiy 
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Nady [450]3 years ago
3 0
A credit score is a statistical number that depicts a person's creditworthiness. Lenders use a credit score to evaluate the probability that a person repays his debts. Companies generate a credit score for each person with a Social Security number using data from the person's previous credit history. A credit score is a three-digit number ranging from 300 to 850, with 850 as the highest score that a borrower can achieve. The higher the score, the more financially trustworthy a person is considered to be.
Read more: Credit Score Definition | Investopedia http://www.investopedia.com/terms/c/credit_score.asp#ixzz4VeWxA5kv
Follow us: Investopedia on Facebook

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A defense contractor has been able to summarize its total annual fixed costs as $100,000 and the total variable cost per unit of
Zielflug [23.3K]

Answer: $66.25

Explanation:

What should the per unit selling price be to make a 25% profit this year?

First, we'll calculate the total cost which will be:

= $100,000 + $5000(33)

= $100,000 + $165,000

= $265000

%profit = 100(revenue - cost)/ cost

25% = 100(revenue - 265000)/265000

Therefore, revenue will be:

265000(1 + 25%) = 331250

265000(1.25) = 331250

Revenue = $331250

Selling price per unit will be:

= $331250/5000

= $66.25/unit

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3 years ago
If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from t
Serggg [28]

Answer: The correct answer is 19,700

6 0
2 years ago
Contracts are a form of private law because the terms contained within a contract bind the relevant parties, not the public as a
sasho [114]

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, the contracts inside the law are regulated by the Anglo-America common law that defines a contract as the agreement between two or more parties in which they establish the basis and principles of the agreement and the clauses that could cause to end the contract. Moreover, a contract is also part of the civil law and therefore that it does not implicate the public as a whole in any way due to the fact that in order to be a correct contract the parties must accept the bond between only them and nobody else.  

5 0
4 years ago
How have newer work models made the workplace more efficient?
Lelu [443]

Explanation:

  • Don't be Afraid to Delegate. While this tip might seem the most obvious, it is often the most difficult to put into practice. ...
  • Match Tasks to Skills. ...
  • Communicate Effectively. ...
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8 0
3 years ago
Read 2 more answers
Maris Bothers, Inc., needs a cash disbursement schedule for the months of April, May, and June. Use the format given below, and
vaieri [72.5K]

Answer:

I have prepared the cash disbursement schedule as requested,find it in the attached excel template.

Explanation:

Kindly note that data for other months whose cash disbursements are not required such February ,March and July had impact on the schedule one way or other,hence they are shown in the computation.

In addition, I have color blue to lay emphasis on the three months requested for.

Download xlsx
3 0
3 years ago
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