The challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
A credit score can be defined as a numerical expression ranging 300 to 850, which typically represents an individual's financial history and credit worthiness.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a credit (money) from a potential lender and vice-versa.
In the U.S, the ratings of a credit score by FICO include the following;
- A credit score ranging from 670 to 739 is considered to be a good credit score.
- A credit score of 740 to 799 is better.
- A credit score of 800 to 850 is considered to be excellent.
In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:
I. Poverty.
II. Famine and hunger.
III. Low level of healthcare.
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Answer:
4,800 bottles
Explanation:
The formula to compute the number of bottles sold is shown below:
= (Fixed cost + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $13.50
= $1.50
So, the number of bottles sold equal to
= ($3,200 + $4,000) ÷ ($1.50)
= 4,800 bottles
The most common method to measure flows of trade is the comparison between the exportation of merchandise, services, and the capital of the countries.
<h3>What is trade?</h3>
Trade is the situation where the countries buy (import) from or sell (export) to the countries outside the boundaries of their own territories.
Exports referred to the scenario where one country provides goods and services to another country abroad. The comparison of goods, services, and monetary capital of foreign countries with respect to their own countries can be used as a common method to measure the trade flows.
Therefore, the exporting of goods, services, and capital to other countries is the method to determine trade flows.
Learn more about the trade from the related link:
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The step involves identification of ethical issues.
