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Nastasia [14]
2 years ago
12

Which of the following statements about credit scores is TRUE? A Credit scores reflect how likely individuals are to repay their

debts. B Credit scores range from the low 300’s to the mid 800’s. C Each person has three credit scores. D All of the above.
Business
1 answer:
alex41 [277]2 years ago
6 0
I believe it would be D. all of the above
You might be interested in
In its most recent financial statements, Del-Castillo Inc. reported $30 million of net income and $970 million of retained earni
Andrew [12]

Answer:

the firm pay 39 millions dividends to his shareholders during the year.

Explanation:

The retained earnings identity is as follow:

beginning RE + net income - dividends = ending RE

we plug our values into the formula:

970 + 30 - dividends = 961

we clear dividends:

970 + 30 - 961 = dividends

And solve:

dividends = 39

<u>Notes:</u>

For every account, we always have this similar identity:

a beginning balance

a type of transaction that increase their balance

another kind of transaction which decreased

and a final balance which is the net of the previous.

beginning + increase - decrease = ending

Always try to identify how each transaction impact the account and from there, setup the equation.

8 0
3 years ago
Sheffield Corp. produces a product requiring 3 direct labor hours at $16.00 per hour. During January, 2800 products are produced
Vinil7 [7]

Answer:

correct option is d. $4800 U

Explanation:

given data

product requiring =  3 direct labor hours

standard rate = $ 16 per direct labor hour

produced using = 8700 direct labor hours

actual payroll = $135720

to find out

labor quantity variance

solution

we get here labor quantity variance that is express as

Direct labor quantity variance = (standard hours worked for actual production - actual hour worked)  × standard rate per direct labor hour   ...................1

here  standard hours worked for actual production will be as

standard hours worked = standard hours required per unit of production × actual units produced      

standard hours worked = 3 × 2800

standard hours worked = 8400 hours but we have given actual work hour 8700  direct labor hours

so put all value is equation 1 we get

Direct labor quantity variance = ( 8400 - 8700 )  × $16

Direct labor quantity variance = $4800 unfavorable

so correct option is d. $4800 U

8 0
3 years ago
Jim's mom is an accountant he has learned quite a bit of information from her about her career what kind of source of informatio
marissa [1.9K]
Based on the given scenario above about how Jim acquired knowledge and information about careers, this kind of source can be classified as an EXTERNAL source. This is classified as an external source knowing that the source of information is his mom. Hope this helps.
5 0
2 years ago
During lunch at a local pie shop, Fred, a stockholder in SuperSize Industries, Inc., Frieda, an employee of SuperSize, Nick, a S
exis [7]

Answer:

A. Each of these individuals is a stakeholder of SuperSize

Explanation:

Stakeholders are all those people who are linked with the corporation in some way. Without the stakeholders, the firm could not continue to exist.

Stakeholders include shareholders, clients, employees, creditors, investors, the government, among others.

In the question, we have a stockholder (Fred), an employee (Frieda), a neighbor (Blanche), and two directors (Evelyn and Aarnold). They are all stakeholders.

8 0
2 years ago
Calculate the Accounts Payable balance. ​(Enter the​ balance, along with a​ "Bal." reference on the correct side of the​ T-accou
MA_775_DIABLO [31]

Answer:

$13,000

Explanation:

Calculation for Accounts Payable balance

Accounts Payable

DEBIT SIDE

Date Amount

May 02 6,000

May 22 11,500

TOTAL $17,500

ACCOUNT PAYABLE BALANCE $13,000

($30,500-$17,500)

TOTAL $30,500

($17,500+$13,000)

CREDIT SIDE

Date Amount

May 1 21,000

May 5 500

May 15 8,500

May 23 500

TOTAL $30,500

Therefore the Accounts Payable balance will be $13,000

8 0
3 years ago
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