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2 years ago

If your credit reports show different scores, what should you do?

1 answer:

4 0

Different reporting agencies have different methods of measuring your score. They all take in to account how much debt you have, your payment history, how long you've had the accounts, and other factors. The importance of each can change slightly between reports so small differences are not a problem or something you should worry about.

However, if there are large differences in scores you need to research the factors and see where the difference is. One score may show a late payment from 10 years ago while another score will only look 7 years back. It is important to understand the factors that go into your score as well as which parts apply to you.

You might be interested in

What is the purpose of Geert Hofstede’s Cultural Dimensions Theory? Review Later To explain why some cultures are not worth time

vovikov84 [41]

Answer:

c. A model to understand key cultural considerations between different countries, so as to inform global business managers of cultural deviations.

d. A model for predicting financial gain across a globalized market.

Explanation:

Culture plays a key role in the advancement of businesses because the local employees have a way of doing things and a system of beliefs that would affect the business in the long-run. So, if businesses want to be successful, managers would have to understand the culture of the people they work with. This prompted the work of Dutch Philosopher Geert Hofstede who classified the cultural orientation of people across six dimensions which include;

Power Distance

Individualism/Collectivism

Masculinity/Femininity

Uncertainty Avoidance

Long-term/Short-term Orientation and

Restraint/Indulgence

The major aim of his work is to provide an understanding of the key cultural considerations between different countries, so as to inform global business managers of cultural deviations. This model would also help managers to predict how successful their business can be given the culture of the area concerned.

7 0

2 years ago

Blair Madison Co. issues $2.8 million of new stock and pays $560,000 in cash dividends during the year. In addition, the company

frutty [35]

Answer:

The net cash flow provided by financing activities is: $840,000

Explanation:

Prepare the Cash flow from Financing Activities Section as follows :

Cash flow from Financing Activities

Proceeds from Issue of Shares $2,800,000

Dividends Paid ($560,000)

New Bond Issue $4,200,000

Bond Paid off ($5,600,000)

Net Cash flow from Financing Activities $840,000

<em>Note that the Bonds bought of another company constitutes investment activities of Blair Madison Co. thus excluded from Cash Flow from Financing Activities Calculation.</em>

4 0

2 years ago

Transactions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equip

Ann [662]

Answer:

Oct. 1 2019

Rent Expense$4,200 (debit)

Cash $4,200 (credit)

Oct. 3 2019

Advertising Expense $2,670 (debit)

Cash $2,670 (credit)

Oct. 5 2019

Supplies $1,150 (debit)

Cash $1,150 (credit)

Oct. 6 2019

Office Equipment $17,600 (debit)

Accounts Payable $17,600 (credit)

Oct. 10 2019

Cash $5,730 (debit)

Accounts Receivable $5,730 (credit)

Oct. 15 2019

Accounts Payable $1,680 (debit)

Cash $1,680 (credit)

Oct. 27 2019

Miscellaneous Expense $730 (debit)

Cash $730 (credit)

Oct. 30

Utilities Expense $270 (debit)

Cash $270 (debit)

Oct. 31: Fees earned

Trade Receivable $38,200 (debit)

Fees Earned $38,200 (credit)

Oct. 31: Paid bill

Utilities Expense $460 (debit)

Cash $460 (debit)

Oct. 31: Withdrawal

Jason Payne, Capital $2,900 (debit)

Cash $2,900 (credit)

Explanation:

Note

Cash Drawings reduce the owners interest in their capital accounts and at the same time they reduce the assets of cash.

5 0

2 years ago

Jay, a single taxpayer, purchased an annulty to help provide income during his retirement. He paid $36,000 for the annuity that

Rufina [12.5K]

Answer:

d. All of the last 12 payments he received are taxable.

Explanation:

In the case when the life expectancy is 180 months and collected 192 payments prior he died

So according to the question, all the 12 payments would be received are taxable

Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable

Therefore the option d is correct

4 0

3 years ago

A merit system of police employment is established when an independent civil service commission, in cooperation with the city pe

Illusion [34]

Answer:

Recruitment criteria.

Explanation:

Recruitment criteria are models used to gauge all up-and-comers and their capacity to play out a vocation. You search principally for the most ideal match between an applicant's information, aptitudes, and capacities and the prerequisites for fruitful presentation of work.

4 0

2 years ago