Answer:
30%
Explanation:
Credit utilization can be regarded as the percentage of the total credit that individual is utilizing. It's financially advisable to keep the credit utilization ratio in order to have a good credit score.
To calculate credit utilization rate;
✓ one need to know the information about one credit account.
/✓Then divide the total balance by the total credit limit
✓then multiply by 100
For instance if the total balance is $5000 and total credit limit is $25000 then the credit utilization ratio is ($5000/$25000)×100%
= 20%
Whenever the credit utilization ratio is
higher than 30% it will bring about the decrease of credit score, as a result of this , the lender can be worried because he/she may think the ratio is overextended, and paying back new debt might not be easy.
Therefore, with general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%
I think i is not right to base the productivity of the fisherman in per hour basis because fisherman goes to the sea and catch fish not on a daily basis. maybe the correct way to express it is per trip they go to the sea. because if it hourly basis then the productivity is very small.
The answer to this question is the term which we commonly heard as "PLATFORM". Hence when the main advantage of enterprise resource planning (ERP) is that it describes a PLATFORM that ensures connectivity and easy integration of future systems including in-house software and the commercial packages. In this case, the analyst must consider the architecture of the system.
Answer:
File a motion or a judgement notwithstanding the verdict
Explanation:
Dr. bills Payable 6300 Notes Payable 6,300.
The journal entry used for recording the issuance of a note for the cause of converting a current account payable could be to debit the bills payable and credit the notes payable.
A magazine entry is a record of an enterprise transaction for your business books. In double-access bookkeeping, you're making at least two journal entries for each transaction. Because a transaction can create a variety of changes in a commercial enterprise, a bookkeeper tracks them all with magazine entries.
An example of a journal is a diary in which you write about what happens to you and what you are wondering. An example of a journal is the brand new England journal of drugs, wherein new studies are posted which are relevant to docs and medicinal drugs.
Magazine entry format is the usual layout utilized in bookkeeping to maintain a record of all of the organization's business transactions and is especially based totally on the double-access bookkeeping device of accounting and guarantees that the debit aspect and credit facet are usually the same.
<em>The question is incomplete. Please read below to find the missing content.</em>
The journal entry to record the conversion of a $6,300 accounts payable to notes payable would be
A: Cash 6,300
Notes Payable 6,300
B: Notes Receivable 6,300
Notes Payable 6,300
C: Notes Payable 6,300
Cash 6,300
D: Accounts Payable 6,300
Notes Payable 6,300
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