All categories

3 years ago

Which best explains what a credit score represents?

2 answers:

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.

Read more: Credit Score Definition | Investopedia http://www.investopedia.com/terms/c/credit_score.asp#ixzz4VeWYGsiy
Follow us: Investopedia on Facebook

Nady [450]3 years ago

3 0

You might be interested in

The size of the multiplier which is applied to a change in AD is dependent upon the ________..

torisob [31]

Answer:

Explanation:

The multiplier is calculated by two marginal decisions by firms and individuals. A firm can decide whether to save the revenue or to consume it, therefore there is marginal propensity to consume and marginal propensity to save as options for both firms and individuals. Therefore, the size of the multiplier which is applied to a change in AD is dependent upon size of the marginal propensity to consume and marginal propensity to save.

8 0

3 years ago

Money markets are marketsfora.Foreigncurrencies.b.Consumer automobileloans.c.Common stocks.d.Long-term bonds.

Harlamova29_29 [7]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.

4 0

3 years ago

Franklin Construction entered into a fixed-price contract to build a freeway-connecting ramp for $54 million. Construction costs

lara31 [8.8K]

Answer:

$15 million

Explanation:

Franklin Construction

Construction costs incurred $54,000,000

Less total estimated costs ($44+$27) $69million

The anticipated loss $15 Million

Franklin will recognize anticipated gross loss of $15 million in the first year if it recognizes revenue over time according to percentage of completion method which is ($54 million contract price less total estimated costs of $69million)

7 0

3 years ago

List four things to look for when. you're proofreading

Inessa05 [86]

Hey!

Answer: Errors

When you proofread, you're just looking over the reading making sure that there's no errors such as bad punctuation and bad grammar. And also the typographical errors.

mistakes in grammar
spelling
style
typographical errors

That would be some of the four that you would look at when you proofread. Hope this helps.

7 0

3 years ago

Prepare a flexible budget for Cedar Jeans Company using production levels of 16,000, 18,000, and 20,000 units produced. The foll

Svetlanka [38]

Answer:

Results are below.

Explanation:

Giving the following information:

Total unitary variable cost= $16.5

Total fixed costs= $116,000

Now, the flexible budget for each production level:

16,000 units:

Total variable cost= 16.5*16,000= 264,000

Total fixed cost= 116,000

Total costs= $380,000

18,000 units:

Total variable cost= 16.5*18,000= 297,000

Total fixed cost= 116,000

Total costs= $413,000

20,000 units:

Total variable cost= 16.5*20,000= 330,000

Total fixed cost= 116,000

Total costs= $446,000

8 0

3 years ago