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3 years ago

1. What is the correlation between a high credit score and loan interest rates?

Business

2 answers:

BigorU [14]3 years ago

3 0

Answer:D

Explanation:

high credit score means you have a good standing and are low risk of defaulting on the debt so you will incur low interest rates

aleksandr82 [10.1K]3 years ago

3 0

Hello there!

Your answer would be D). A high credit score will yield a low interest rate.

The reason why "D" would be the correct answer is because a high credit score would give you low interest rates on things like loans, payments, etc. A credit score is a score that someone that shows loaners or other companies how well someone keeps up with paying their loans. When you have a super good credit score, for example, 735, loaners would give you a lower interest rate because they could trust you with paying them back, since the credit score is so high. if someone's credit score is a 435, then loaners would give them a high interest rate because they can't trust them to pay back the money they got for the loan, and the high interest rate would substitute for the money that hey did not receive (if the person who got the loan didn't pay them back).

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XYZ has 400,000 shares of common stock outstanding, a P/E ratio of 8, and $500,000 in net income. The board of directors has jus

alexira [117]

Answer:

$1,000

Explanation:

If total earnings are $500,000 and there are 400,000 shares, the original price per share is determined by:

$P=\frac{P}{E}*E\\ P=8*\frac{\$500,000}{400,000} \\P=\$10\\$

The value of your invest will be same before and after the split, what will change is the number of shares and their individual price.

If you owned 100 shares at $10 each, the value of your investment is:

$I = \$10*100\\I=\$1,000$

Total value of your investment will be $1,000.

4 0

3 years ago

Which of the following statements about setups is FALSE? Group of answer choices Setup time is dependent on the number of units

Nadusha1986 [10]

Answer: Setup time is dependent on the number of units subsequently produced.

Explanation:

It should be noted that a setup is a required activity and a set of activities. A setup time is also referred to as the changeover time.

The statement that "Setup time is dependent on the number of units subsequently produced" is false. The setup time refers to the interval that is needed to adjust the machine settings in order to make it ready to process a job. The setup time isn't dependent on the number of units that's subsequently manufactured.

6 0

3 years ago

Mike has a linear production possibilities frontier that shows maximum production of trucks or computers of 10 million each. Deb

user100 [1]

Answer:

Mike has a comparative advantage in the production of computers.

Explanation:

Mike's opportunity cost of producing trucks instead of computers = 10 / 10 = 1.

Mike's opportunity cost of producing computers instead of trucks is 10 / 10 = 1.

Debra's opportunity cost of producing trucks instead of computers = 3 / 9 = 0.333.

Debra's opportunity cost of producing computers instead of trucks = 9 / 3 = 3.

Mike's opportunity cost of producing computers instead of trucks is 1, while Debra's is 3. Therefore, Mike has a comparative advantage in the production of computers.

3 0

3 years ago

On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright rec

maria [59]

Solution:

1. (i)

Sales revenue = Present value of the note receivable

= $528,000 x .86384 = $456,108

Present value of $1: n = 3, i = 5% (PV of $1)

(ii)

December 31, 2018:

Interest revenue: ($456,108 x 5%) = $22,805

December 31, 2019:

Interest revenue: (($456,108 + $22,805) x 5%) = $23,946

December 31, 2020:

Interest revenue: (($456,108 + $22,805 + $23,946) x 5%) = $25,143

2. Journal entries to record the sale of merchandise on January 1, 2020

Date General Journal Debit Credit.

Jan 01, 2018 Note receivable 528,000

Discount on note receivable 71,892

Sales revenue 456,108

Dec 31' 2018 Discount on note receivable 22,805

Interest revenue 22,805

Dec 31, 2019 Discount on note receivable 23,946

Interest revenue 23,946

Dec 31' 2020 Cash 528,000

Discount on note receivable 25,143

Interest revenue 25,143

Note receivable 528,000

7 0

3 years ago

For a Windows laptop, what is the best way to save power when the computer will not be used for an extended period?

Lorico [155]

Answer:

b turn off by power button

3 0

3 years ago