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Dovator [93]
3 years ago
13

3.What are some factors that influence a person's credit rating or their ability to get credit? Explain how these factors influe

nce the extension of credit.
Business
2 answers:
Vadim26 [7]3 years ago
7 0
Several factors are taken into account with credit scores. It weighs greatly on debt ratios and payment history. Other items that can influence credit are the length of credit as well as credit inquiries. Credit scores can fluctuate frequently as credit history changes. 
Snezhnost [94]3 years ago
6 0
Factors that affect credit scores are: Payment history, amount of outstanding debt, amount of time that the debt has been open, and the amount of new credit. Credit scores can also be affected by what types of credit you have (ie consumer, student debt, mortgages).
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Craydye Corporation manufactures a part for its production cycle. The costs per unit for 8,000 units of this part are as follows
irakobra [83]

Answer:

Make; $72,000

Working:

Make ($106*8000)                         848,000

Buy [($120*8000 - 40,000)]           920,000

Make increases profits by              72,000

7 0
2 years ago
Read 2 more answers
A review of Volkswagen's internal memos and emails suggests that company executives pursued a strategy of delay and obfuscation
oee [108]

Answer:

true

Explanation:

The whole Volkswagen scandal was a huge and elaborate corporate scam. They first tried to blame engineers in their North American division, but then it was known that they cheated in Germany and other European countries, as well as in factories in Argentina and Brazil. The only place that they were not investigated was in China, and that is very suspicious because half of their cars are produced and sold in China. It was a huge cover up operation that was aimed at protecting top executives in Germany.

The first car I bought with my salary was a Jetta (it was much cheaper than a Civic). So I read a lot about the scandal and its effects were not that large in North and South America, but in Europe the allegedly clean diesel engines drove their competition out of the market. French car manufacturers Citroen and Peugeot competed against Volkswagen with diesel cars and after not being able to compete against the wonderful new engines, they went bankrupt. In Europe gas is very expensive, so cars are very small and fuel efficient. The strange coincidence is that a Chinese company bought Citroen and Peugeot, which made them the real winners of the whole situation.

7 0
3 years ago
Union members earn_____________________ than non-union members, even after adjusting for factors such as_____________________. a
forsale [732]

Union members earn "about 20% more" than non-union members, even after adjusting for factors such as "years of work experience and education level.".

<h3>Who are Union and Non-Union members?</h3>

Workers who band together and use their collective power to have a say in the workplace create a union.

Labour union members can bargain with employers about pay, benefits, workplace health and safety, job training, and other work-related problems from a position of power through their union.

Employee involvement in corporate decision-making through representative organisations is known as non-union employee representation.

The reasons for union workers paid more are-

  • Employees that are more productive get paid more - Unions assert that they may bargain for greater salaries for workers.
  • In truth, higher pay rates result from employers in unionised organisations being more selective in the hiring process since they must find individuals who can produce more and do so with higher standards.

To know more about the roles of labour union, here

brainly.com/question/15167596

#SPJ4

8 0
2 years ago
Maria is going to take out a loan with a principal of $19,700. She has narrowed down her options to two banks. Bank M charges an
Vadim26 [7]

Answer:

Loan principal amount = $19,700

Bank M:

Interest rate charges = 7.1% compounded monthly

Loan will be paid off in = Five years

Bank N:

Interest rate charges = 7.8% compounded monthly

Loan will be paid off in = Four years

From the above information, we would recommend that Maria choose her loan from Bank M if she wants a lower monthly payments and Maria choose her loan from Bank N if she wants a lower lifetime cost.

3 0
3 years ago
Monty Inc. produces organic cranberry juice from cranberries it farmed. Unfortunately, it has been a bad year for cranberries be
Vesnalui [34]

Answer:

$3.10 per litre

Explanation:

Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.

Therefore cost of purchase of extra cranberries would equal selling price at maximum

7 0
3 years ago
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