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Naya [18.7K]
2 years ago
7

Having a good credit score is important because

Business
2 answers:
raketka [301]2 years ago
6 0
It reflects how likely an individual is to pay off their debts.  Banks and other lending institutions, and sometimes even landlords, look at your credit score, before lending or renting to you.
zvonat [6]2 years ago
5 0
It shows you're trustworthy and banks will be more willing to loan you money
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Traders from the faraway nation of Chplandia have brought infected goods to market in the capital of Pcoria. As a result, a new
jek_recluse [69]
The implied quality weight is 6/10 = 0.6. A year lived with chpitis scars is only 60% as satisfying as living a year in full health.
8 0
3 years ago
Based on the following data for the current year, what is the inventory turnover?
GenaCL600 [577]

Answer:

The answer is D.

Explanation:

Inventory turnover is a measure of the number of times inventory is being sold or used during a given period of time.

A high inventory turnover means a company is selling goods very quickly and that demand for their product exists. Low inventory turnover means weaker sales and ing demand for a company's products.

Inventory turnover = Cost of goods sold/Average inventory

Average inventory is:

($110,000 + $90,000)/2

=$100,000

Therefore, inventory turnover ratio:

$270,00//$100,000

2.7

3 0
3 years ago
Frank decides that a social media campaign is the best way for him to attract new business to Slice of Life Pizza. After Frank i
Softa [21]

Answer: identify your target audience

Explanation:

Since Frank has identified his strategies and goals, then the next step in the campaign will be to identify the target audience.

The target audience refers to the consumers that are likely to attract new business to Slice of Life Pizza. This is vital for Frank to be able to reach out to more customers and make profit.

3 0
2 years ago
Explain how to invest in securities markets and set investment objectives such as long-term growth, income, cash, and protection
shtirl [24]

Answer with Explanation:

The investment in securities must include purchases of stock of more than 15 industry firms because diversified investment gives an average rate of return on investments. Hence it would be better to lower the risk of investment by simply investing in more than 15 firms and each of them must be from different industry sector. Nowadays due to coronavirus, it would be better to investing in fintech, IT and Hi-Tech industries will pay much more than low tech industries. Tesla is one of these tech companies whose share price have surged by 390% in past 12 months. It doesn't mean that other industry products don't pay enough. Setting objective includes how much yearly investment must be added to you security portfolio so that the net worth of the portfolio keeps growing. The reinvestment of dividends received, insurance of downside risk, investment on the basis of value at risk, etc. are all the set objectives that are considered while investing and managing security portfolio. If you are not confident with setting objectives then investing via investment institutions would be a another best option which had employed hundreds of CFA's who are working to increase the wealth of their potential clients and it is more likely that you take home a better return on investment as compared to a person who has little knowledge of security investments.

8 0
3 years ago
Sunland Company paid dividends of $4800. As a result of this event, the Dividends account was increased by $4800. Dividends acco
Kaylis [27]

Answer:

Dividends account was decreased by $4800.

Explanation:

When dividends are declared, a temporary account called dividends is created. It is a contra equity account that decreases retained earnings account and has a debit balance (although it is included under stockholders' equity). Once the dividends are paid, this account is cancelled.  

7 0
3 years ago
Read 2 more answers
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