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lana [24]
3 years ago
13

Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his

score stays high, allowing him to buy his dream car? A Open a savings account at the local bank. B Pay off his credit card balance each month. C Test drive several cars before deciding which to buy. D All are things he should do to increase or maintain his credit score.
Business
2 answers:
meriva3 years ago
5 0

What Jose should do to ensure his score stays high and allow him to buy his dream car is to <u>pay off his credit card balance each month</u>. This implies the correct answer is B.

No doubt, one of the quickest ways for Jose to maintain and improve his credit score is to pay off his credit card balance regularly.

If Jose pays off his credit balance often, he will also not be paying interest and will save a lot of money in the long run.

<h2>Further Explanation</h2>

A credit score depends on a customer’s credit history. It is a statistical number that measures or evaluates customer’s creditworthiness. A credit score is used by lenders to assess the possibility that customers will repay their debts.

A customer’s credit score is within 300 to 850. Customers that maintain a higher score indicates such an individual is more financially trustworthy.

Fair Isaac Corporation also called FISCO created the credit score model. This credit score model is used by financial institutions to assess their customer’s capacity to pay back their debts.

A credit score is always put into consideration whenever a lender makes decisions to offer credit. Customers with low credit scores; particularly below 640 are regarded as sublime borrowers.

Though all financial institutions determines their ranges for a credit score, the average score ranges according to Fair Isaac Corporation is listed below

  • 800 – 850 = Excellent
  • 740 – 799 = Very Good
  • 670 – 739 = Good
  • 580 – 669 = Fair
  • 300 – 579 = Poor

LEARN MORE:

  • credit scores brainly.com/question/1235943
  • Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon brainly.com/question/2649470

KEYWORDS:

  • new car
  • credit card balance
  • pay off
  • credit score
  • customer
  • banks
  • credit union
lidiya [134]3 years ago
4 0
What should be do to ensure his score stays high, allowing him to buy his dream car? B Pay off his credit card balance each month. When wanting to buy a new vehicle or any high priced item that requires a loan it is smart to make sure your credit score is high to make sure you get the best deal and interest rate. Out of the given choices, Jose making sure that his credit card balance is paid off each month saves him money by not paying interest and also shows lenders he is able to borrow money but pay it back on time.<span> </span>
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Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand at the start of the month,
aalyn [17]

Answer:

A. 40,000

Explanation:

Data provided

Sold units = 39,000

Beginning units = 16,000

Ending units = 17,000

The computation of units is shown below:-

Production units = Sale unit + Desired ending inventory - Beginning inventory

= 39,000 + 17,000 - 16,000

= 56,000 - 16,000

= 40,000

So, for computing the production sales we simply applied the above formula.

6 0
3 years ago
Developing a new automobile requires the services of many types of experts such as design and electronics engineers, procurers,
sashaice [31]

Answer: Boundaryless organization

Explanation:

Boundaryless organization is an organization that is not hindered or limited by boundaries created through established structures.

It could also mean an organization whose operation is not confined to a particular location or the confine of their office complex.

The idea of boundaryless organization was first conceptualized by Jack Welch who wanted to eliminate any form of barrier (both internally and externally) in the way General Electrics carried out its operations.

•Note that in order to achieved the concept of a boundaryless organization, flexibility and adaptability must be considered.

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3 0
3 years ago
Planet Company purchased goods worth $50,000 in July and expects to purchase goods worth $70,000 in August. Planet typically pay
trapecia [35]

Answer:

57,000

Explanation:

Planet company purchases goods worth $50,000July and also expect to purchase goods worth $70,000 in August

They pay 35% of tbs purchase in the month and 75% in the following month

Therefore the total expected cash disbursement can be calculated as follows

= (70,000×35/100)+(50,000+65/100)

= {70,000×0.35) + (50,000+0.65)

= 24,500+32,500

= 57,000

6 0
2 years ago
When managers of firms in a competitive market observe falling profits, they may infer that the market is experiencing a. a viol
Oliga [24]

Answer:

c. the entry of new firms

Explanation:

  • The entry of the new firms in the market creating a  market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it  
  • This declines the economic profits in the new and the existing firms as long as the profits exists  in the markets and entry will continue to shift to supply to the right.
  • The diversification of the melt and the fall in the monopoly of the firms start to take place.  
  • They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
7 0
3 years ago
To an experimenter in frame s′, the meter stick's frame, did you make your two measurements simultaneously? if not, which end di
Likurg_2 [28]

No,  it is not possible to measure simultaneously.we have to measure the left end first.

The meter scale is the apparatus for dimension of the period of any item. instance: The duration of the square is 5 meters. right here, 5 is the magnitude of the period and meter is the unit of length. 1 meter of the meter scale is split into a hundred centimeters. Meter scale is used to degree length.

The metre scale alongside the object in order that the 'zero' mark on the metre scale coincides with one give up of the item and studying at the other cease of the size suggests the duration of the item.

Measurement is the procedure of comparison of the given physical amount with the regarded fashionable quantity of the same nature. as an example, dimension of duration the usage of Vernier Callipers and measurement of diameter of wire using screw gauge.

Learn more about measurements here:- brainly.com/question/26668346

#SPJ4

3 0
1 year ago
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