All categories

3 years ago

Which behaviors might lead someone to have a low credit score?

2 answers:

8 0

IF they spend more than they can afford

If they cannot pay back their loans at all

If they cannot pay back their loans on time

hope this helps

Scrat [10]3 years ago

3 0

If they spend more than what they have
When one cancels their credit card when having to pay a bill. Or if you don’t pay off the bills can lead to low credit score.

You might be interested in

A limited liability company (LLC) will be taxed as a corporation unless it elects to be taxed as a partnership. True False

hichkok12 [17]

Answer:

True

Explanation:

A LLC is a company that has its own identity and is taxed separated from all owners and investors.

6 0

2 years ago

What is a corporation?

Vilka [71]

Answer: I Honestly think the answers D.

Explanation:

3 0

3 years ago

Read 2 more answers

ABC Manufacturing has total fixed costs of $460,000. A unit of product sells for $20 and variable costs per unit are $11. Prepar

labwork [276]

Answer:

Net Income (Loss) = $440,000

Explanation:

Total Fixed Cost = $460000

Total Variable Cost = $11 * 100,000 unit = $1100000

Total Revenue = $20 * 100,ooo unit = $2000000

Contribution Margin = TR- TVC = ($200,000 - $1,100,000) = -$900,000

Net Income = Contribution margin - Total Fixed cost

Net Income (Loss) = $900,000 - $460,000

= $440,000

3 0

3 years ago

Imagination Dragons Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 15-year zero coup

Vladimir79 [104]

Answer:

a) Zero coupon bond does not pay periodical interest and formula to compute the value of a zero-coupon bond:

Value = Face Value / (1 +Yield / 2) ** Years to Maturity * 2

b) Interest deduction

After 1 year bond value from the above equation is 437.08

437.08 - 411.99 = 25.09

In the 14th year bond value from the above equation is 942.60

1000 - 942.60 = 57.40

c) Straight Line Method

Total Interest Paid = 1000 - 411.99

= 588.01

For yearly calculation

588.01 / 15 = 39.21

Further computation is done in the image below.

8 0

3 years ago

Read 2 more answers

Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,200 shares of GE common stock that Adams

KATRIN_1 [288]

Answer:

Explanation:

The journal entries are shown below:

1. Loss on Investment A/c Dr $1,800 (1,200 shares × $31 - $39,600)

To GE shares investment A/c $1,800

(Being the adjustment is recorded)

2. Retained earnings A/c Dr $37,200 (1,200 shares × $31)

To Property Dividends Payable $37,200

(Being the entry is made on declaration date)

3. Property Dividends Payable A/c $37,200

To GE shares investment A/c $37,200

(Being the entry is made on payment date)

4 0

3 years ago