1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AURORKA [14]
3 years ago
9

How does bankruptcy affect a persons credit rating

Business
1 answer:
Anna11 [10]3 years ago
5 0
It will lower your credit rating by so much based on your credit rating before bankrupycy
You might be interested in
Which should Jill do to increase her credit score?
marshall27 [118]

Answer:

Pay off her credit card debt.

Explanation:

A credit score is indicative of one's history of loan repayments.  A high credit score communicates that the borrower has been timely in paying their loans.  It tells that an individual has been responsible when using credit facilities.

A low credit score says that the customer is often late in repaying their loans. If Jill wants to improve his credit score, he should clear all his outstanding debts.

6 0
2 years ago
Read 2 more answers
The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because
Arturiano [62]
The answer to this statement is letter a. of individual income taxes. The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because of individual income taxes. This is to ensure equality of income between workers.
3 0
3 years ago
Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a
deff fn [24]

Answer:

C. using more liberal credit terms to increase sales

Explanation:

According to the question  it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days

= 365 ÷ 12

= 30.41

= 30 days

But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days

Therefore the Management of marian would have more liberal credit terms that would increase the sales

5 0
3 years ago
The more illiquid something is the easier it is to turn into cash.<br><br> true or false?
k0ka [10]

Answer:

False

Explanation:

Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets. 

4 0
3 years ago
A government intervenes in the marketplace when it believes that the benefits are _____ the costs. greater than less than the sa
Pavlova-9 [17]

I believe the answer is: Greater

For example, let's say that there is a company that make vehicles with no pollutant for the environment.

The government in this situation might provide the company with incentives with the reason that the amount of incentive is smaller compared to the amount of expense that the government had to spend to fix the damage to the environment.

7 0
3 years ago
Other questions:
  • You just inherited some money, and a broker offers to sell you an annuity that pays $5,000 at the end of each year for 20 years.
    13·1 answer
  • Emergency room health care tends to have a demand curve that is very steeply sloped, while elective surgery does not. Why? Also,
    15·1 answer
  • When not responding to e-mails, the lawyer on call is encouraged to actively pursue cases that potentially could lead to large s
    8·1 answer
  • Do you think a person should be fired if it is found that he or she helped employees cheat their company out of overtime once in
    6·1 answer
  • Weston Corporation just paid a dividend of $1.00 a share (i.e., D0 5 $1.00). The dividend is expected to grow 12% a year for the
    14·1 answer
  • A large offshore oil field has attracted the interest of many oil drillers. The oil field is not owned by​ anyone, and any firm
    6·1 answer
  • Finland Inc has the following Accounts Receivable Aging on March 31 Aging BucketCurrent1-90 days91-180 days181-365 days366 days
    11·1 answer
  • Information you might study in a particular class is called (blank)
    5·2 answers
  • Information of Company X:
    15·1 answer
  • The Internet allows consumers to access information on-demand about products. This is an example of which kind of marketing util
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!