The FICO® Score is used by lenders to help make accurate, reliable, and fast credit risk decisions across the customer lifecycle.
The score helps lenders determine how likely you are to repay a loan in turn, affects how much you can borrow, how many months you have to repay, and how much it will cost.
In the U.S. it rose to 714 in 2021 higher then the average FICO® Score of 710 in September 2020
Answer:
Tropical Tours would report cash collected from customers of $403,000
Explanation:
The movement in the account receivables balance between the start and end of a given period is as a result of additional sales, payments/settlement received and debts written off.
This may be expressed as
Opening balance + sales - payments - write off = closing balance
This equation is applicable in determining the cash received to be reported in the cash flow statements through the direct method.
Hence using the equation,
$35,000 + $400,000 - payments = $32,000
Payments = $403,000
Answer:
This question is incomplete, the options are missing and the word "and" between the gaps is wrong and should not be there.
The options are the following:
a) Marginal revenue
b) Average revenue
c) Variable cost
d) Fixed cost
And the correct answer is the option A: Marginal revenue.
Explanation:
To begin with, in the microeconomics theory the marginal analysis is very well known for being one of the reasons why the price is determined in the markets under the laws of economic sciences. Moreover, this marginal analysis focus on the interaction between all the curves that represents the costs and revenues that are related to the consumer of a good or service in a particular market. In the graphic, the point where the marginal cost curve equals the marginal revenue curve is where the profit maximizing quantity demanded and the price are the same and therefore those are the equilibrium numbers.
Answer:
If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of managers provides help with branding, training, and even resources and help to set up and operate the business, you might BEST consider A decentralized management structure.
Explanation:
A decentralized management structure is one in which decision-making authority is delegated to the lower level throughout the organization rather than limiting it to a few top executives. Under a strong decentralized organization, the lower level managers and employees have power to make decisions.
With this management structure in place, there is:
- Increased expertise at each division,
- Faster turnaround time in decision making
- Time and cost effectiveness for top level management
- Increased motivation due to mass participation.
Answer:
a. $25
Explanation:
According to the given situation, the computation of deadweight loss of the tax is shown below:-
Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)
Or, Deadweight Loss = 1 ÷ 2 × ($50)
Or, Deadweight Loss = $25
Therefore the correct option is a. $25
We simply considered the above values so that the deadweight loss of the ta could come