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3 years ago

Which action will help increase a low FICO score?

1 answer:

8 0

Reducing credit card balances is the action will help increase a low FICO score.

The FICO mortgage score is between 300 and 850. Higher scores indicate lower credit risk. Each individual actually has 65 credit scores for the FICO scoring model because each of three national credit bureaus, Equifax, Experian and TransUnion, has its own database.

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Shauna and Danielle decided to liquidate their jointly owned corporation, Woodward Fashions Inc. (WFI). After liquidating its re

kobusy [5.1K]

Answer:

The gain on transaction of Building is $40,000 and of land is $60,000, so total gain is $100,000.

Explanation:

According to the scenario, the given data are as follows:

Cash Appreciation = $0

Building Appreciation = $40,000

Land Appreciation = $60,000

So, We can analyze the gain or loss for WFI after complete liquidation as follows:

So, on the transaction of the building, as building has an appreciation of $40,000, it will make a gain to WFI of $40,000.

Similarly, on the transaction of land, as land has an appreciation of $60,000, it will make a gain to WFI of $60,000.

So, total Gain = $40,000 + $60,000 = $100,000

8 0

3 years ago

When George and Arthurine Renfro decided to start a family business in 1990 and market chowchow, a southern regional food, they

Katyanochek1 [597]

Answer:

identifying pricing constraints.

Explanation:

From the question we are informed about George and Arthurine Renfro decided who decided to start a family business in 1990 and market chowchow, a southern regional food, they had to determine how they would price the chowchow by examining the demand for the product (would people rather eat home-made or store-bought), the cost of getting the jars for bottling the chowchow, and how much it would cost to distribute the product to area stores. In other words, in this case, the Renfros had to begin the development of their pricing strategy by identifying pricing constraints. .

Pricing constraints can be regarded as

factors which brings about limit of latitude of prices which a company may set.

7 0

2 years ago

Excelor stock is expected to pay $3.00 per share as its next annual dividend. The firm has a policy of increasing the dividend b

andrew-mc [135]

Answer:

30.92%

Explanation:

You find the answer by calculating the cost of equity using two methods; Dividend discount model and CAPM

Dividend discount model;

cost of equity; r = (D1/P0) +g

whereby, D1 = next year's dividend = 3.00

P0= current price = 13.65

g = dividend growth rate = 11% or 0.11 as a decimal

r = (3/13.65) + 0.11

r = 0.2198 + 0.11

r= 0.3298 or 32.98%

Using CAPM;

r = risk free + beta (Market risk premium)

r = 0.049 + (2.8 * 0.0856)

r = 0.049 + 0.2397

r = 0.2887 or 28.87%

Next, find the average of the two cost of equities;

=(32.98% + 28.87% )/2

= 30.92%

3 0

3 years ago

Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks. what type of

Arada [10]

The fact that Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks means that Madison is planning to create a flat type of organization. The units and positions within the flat organization are flat distributed, which means there are few or no levels of middle management between staff and executives.

8 0

3 years ago

Heather wants to buy a new tent. she so far has saved $23 and her parents have told her that any remaining money she saves they

brilliants [131]

A $66.50

First take the money she already has from the total.
156-23=133

Then divide this by two. She only needs to save half of this as her parents will match the half she saves.
133÷2=66.5
$66.50

7 0

3 years ago