1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Serjik [45]
4 years ago
15

Which best explains what a credit score represents?

Business
2 answers:
jeyben [28]4 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.

<span>

Read more: Credit Score Definition | Investopedia http://www.investopedia.com/terms/c/credit_score.asp#ixzz4VeWYGsiy 
Follow us: <span>Investopedia on Facebook</span></span>
Nady [450]4 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

You might be interested in
​Beef Burgers, Inc. contracts to buy five hundred steers from Fattening Feedlots. Before Fattening Feedlots can deliver the stee
svlad2 [7]

In this case the perfect tender rule

b. does not apply.

Explanation:

The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.

If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.

This would come under the ambit of an emergency where the governed ruling makes such deals null and void.

3 0
3 years ago
In the advertising industry, terms such as new advertising, orchestration, and seamless communication were used to describe the
kolezko [41]

Answer:

The correct answer is letter "B": integration.

Explanation:

Advertising integration refers to bundling all mediums of communication possible business can use to promote its goods or services. This strategy reinforces the firm market position by repeating its advertising message constantly creating consistency and reducing the stress of having to create a different marketing approach for each advertising channel.

4 0
3 years ago
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions
xeze [42]

Answer:

The classification is shown below:

Explanation:

As we already know that

Cash receipts is the amount which is received by the company in cash that results in increment in cash balance. It is a cash inflow

While the cash payment is the amount which has to be paid by the company in cash that results in decrements in cash balance. It is a cash outflow

So based on this, the categorization is presented below:

Retired $200,000 of bonds, on which there was $2,000 of unamortized discount, for $208,000. = Cash payment for $208,000

Sold 12,000 shares of $20 par common stock for $39 per share.  = 12,000 shares × $39 = $468,000 cash receipt

Sold equipment with a book value of $47,500 for $68,400.  = Cash receipt for $68,400

Purchased land for $328,000 cash. = Cash payment for $328,000

Purchased a building by paying $51,000 cash and issuing a $90,000 mortgage note payable. = Cash payment for $51,000

Sold a new issue of $270,000 of bonds at 98. = Cash receipts for $264,600 ($270,000 × 0.98)

Purchased 4,000 shares of $30 par common stock as treasury stock at $60 per share. = Cash payment for $240,000 (4,000 shares × $60)

Paid dividends of $1.90 per share There were 19,000 shares issued and 3,000 shares of treasury stock.  = Cash payment for $304,00 (19,000 shares - 3,000 shares) × $1.90

7 0
4 years ago
PLEASE HELP
Vlad1618 [11]

Answer:

franchises

Explanation:

A franchise is a business model where the franchisee acquires the right to a business logo, name, and model from the franchisor.  The franchisor is usually an established, successful, and popular business.  The franchisee gets a license to operate an independent outlet that is similar in all aspects to the franchisor's business.

The franchise business takes advantage of the franchisor brand name popularity to acquire customers and thereby increase its chances to succeed. Mcdonald and Starbucks are examples of popular franchise businesses. This business model applies to all industries.  Restaurants, Gas stations, Pharmaceuticals, and other retail outlets ave embraced the franchising business model.

6 0
3 years ago
Read 2 more answers
Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-consci
Hoochie [10]

Answer: target

Explanation:

A target market are the group of customers which a business or a company directs the resources and its marketing efforts towards.

From the question above, since Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-conscious, the strategy used by many fast food companies to improve the nutritional profile of their menus by adding items such as salads, fresh fruit, and plant-based meat substitutes is intended primarily to target millennial customers.

The fast food companies are aware that by adding items such as salads, fresh fruit, and plant-based meat substitutes, this may convince Millennial customers to try them out.

Therefore, the answer is option d"targets".

6 0
4 years ago
Other questions:
  • Stellar Plastics is analyzing a proposed project with annual depreciation of $19,500 and a tax rate of 34 percent. The company e
    6·1 answer
  • The opportunity cost of producing capital is
    14·1 answer
  • The spheres of security are the foundation of the security framework and illustrate how information is under attack from a varie
    9·1 answer
  • You are the manager of Local Electronics Shop (LES), a small brick-and-mortar retail camera and electronics store. One of your e
    14·1 answer
  • A business collects data about its market size, consumers’ purchasing power, market competition, similar products, and so on. Th
    13·1 answer
  • Assume that a firm uses labor and capital to produce a product. The firm hires labor at a wage rate of $4 per unit and rents cap
    13·1 answer
  • Martha’s Quilt Shop sells homemade quilts. Martha buys the quilts from local artisans for $300 each and sells them in her shop f
    14·2 answers
  • A small grocery store sells fresh produce, which it obtains from a local farmer. During the strawberry season, demand for fresh
    7·1 answer
  • The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales an
    9·1 answer
  • Pick the correct statement related to bid price from below. Multiple Choice The bid price is the price you must charge to break
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!