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3 years ago

In a few sentences, explain how a credit score affects creditworthiness and the cost of credit.

1 answer:

3 0

A credit score is the number that is assigned to the lenders that measure how well they are able to pay a debt. Credit scores are affected by how the previous loans were paid as well the amount of the loan. Late payments, short term loans, and small loans will result to a low credit score.

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Alec just received his Florida broker license. Assuming the Real Estate Recovery Fund balance is at $400,000, how much of his li

Ratling [72]

The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is $3.50.

<h3>
What is the real estate license fee?</h3>

The real estate license fee in Florida costs $83.75. This amount is paid to the Florida Real Estate Commission (FREC).

FREC is the government office regulating real estate education and licensure in Florida. FREC is under the supervision of the Florida Department of Business and Professional Regulation (DBPR).

License fees of $3.50 are imposed as soon as the Real Estate Recovery Fund drops below $500,000.

Thus, the amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is $3.50.

Learn more about real estate license fees at brainly.com/question/26067240

8 0

2 years ago

eBook Problem Walk-Through Byron Books Inc. recently reported $12 million of net income. Its EBIT was $28.6 million, and its tax

snow_lady [41]

Answer:

Earnings Before Tax (EBT) = $16,000,000

Interest expense = $12,600,000

Explanation:

Earnings Before Tax (EBT) = Net Income / (1 - Tax Rate)

Earnings Before Tax (EBT) = $12,000,000 / ( 1 - 0.25)

Earnings Before Tax (EBT) = $12,000,000 / 0.75

Earnings Before Tax (EBT) = $16,000,000

Interest expense = Earnings Before Interest and taxes (EBIT) - Earnings Before taxes (EBT)

Interest expense = $28,600,000 - $16,000,000

Interest expense = $12,600,000

Income Statement

Details Amount

EBIT $28,600,000

Less: Interest expenses $12,600,000

EBT $16,000,000

Tax at 25% $4,000,000

Net Income $12,000,000

4 0

3 years ago

At the start of football season, the ticket office gets very busy the day before the first game. Customers arrive at the rate of

ipn [44]

Answer:

(a) 3.2

(b) 10 minutes

Explanation:

Mean number of customer in service:

= Arrival rate ÷ service rate

= 24 in 60 min ÷ 30 in 60 min

= 24 ÷ 30

= 0.8

a) Average number of people in line:

= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)

= 0.8 × (24 ÷ 6 )

= 3.2

b) Average time spend at the ticket office is = 10 minutes

c) Proportion of time server is busy:

= Arrival rate ÷ service rate

= (24 in 60 min ÷ 30 in 60 min)

= 24 ÷ 30

= 0.8

7 0

3 years ago

Scenario C. Parker Brothers is a high-end furniture manufacturer located in the Midwest, Mr. Herbert "Bud" Parker started the fi

Reika [66]

The correct answer is A) organization culture.

The other options of the question were B) the company's macroenvironment. C) the organization's competitive environment. D) collective competitive intelligence. E) organizational structure.

The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the organization's culture.

This is the importance of the culture of a company. The series of values, principles, mission, and vision that characterizes and makes the company unique. Every single employee in the company shares these values and can be transmitted through time to new workers. "Parker Legends" is a tradition that is respected and is part of the organization's DNA.

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3 years ago

_____ are people willing to take the risk of starting, owning and operating a business. answer

Debora [2.8K]

_____ are people willing to take the risk of starting, owning and operating a business. answer
a. entrepreneurs

7 0

3 years ago