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3 years ago

Which best explains what a credit score represents?

1 answer:

7 0

Your credit score is a number that represents the risk a lender takes when you borrow money. A FICO score is a well-known credit score created by the Fair Isaac Corporation, and used by credit agencies to indicate a borrower's risk.
http://www.investopedia.com/articles/personal-finance/081514/what-do-credit-score-ranges-mean.asp

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An independent movie producer with a modest but loyal fan base is short of funds for her next movie. Knowing that a bank loan is

Tresset [83]

Answer:

Crowd funding is a strategy to raise small money from a large number of people. This is mainly suitable when large funding is required for a project.

Explanation:

The filmmaker is planning to make a short web series which will be available online for the viewers. The producers might hesitate to finance such small short movie as they will be unsure whether the movie will be able to make money. There can be crowd funding option considered for raising finance for the movie. These small creators and new filmmakers should be supported as they can have better ideas than the rich filmmakers. Crowd funding will be able to raise money and people will pay for the content they want to watch. The movie will create curiosity in the audience before its release and there are high chances that this small content can be a big hit.

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3 years ago

Ranada Company manufactures and sells sportswear products. Ranada uses activity-based costing to determine the cost of the custo

mote1985 [20]

Answer: The customer cost for combined shipping and returns of Product 1 is $6.25 per unit.(option c)

We arrive at the answer as follows:

A. Calculating cost of returns

$Cost of returns = Cost per returns * Number of returns$

$Cost of returns = 45 * 150$

$Cost of returns = 6750$

B. Calculating Cost of shipments

$Cost of shipments = Rate per shipment * Number of shipments$

$Cost of shipments = 10 * 1200$

$Cost of shipments = 12000$

C.Calculate total cost of shipments and cost of returns

$Total Cost = Cost of shipments + Cost of returns$

$Total Cost = 12000 + 6750$

$Total Cost = 18750$

D. Calculate cost per unit

$Cost per unit = \frac{Total Cost}{Number of units shipped}$

$Cost per unit = \frac{18750}{3000}$

$Cost per unit = 6.25$

4 0

4 years ago

False Value Hardware began 2018 with a credit balance of $23,000 in the allowance for sales returns account (i.e., the estimated

defon

Answer:

balance in sales returns account = $18200

Explanation:

given data

credit balance = $23,000

Sales = $680,000

cash collections = $720,000

returned = 4%

credit = $32,000

to find out

balance in the allowance for sales returns account

solution

we get here estimates for returns that is

estimates for returns = 4% of $680,000

estimates for returns = $27200

balance in the allowance for sales returns account will be express as

balance in the allowance for sales returns account = credit balance + estimates for returns - credit ....................1

put here value we get

balance in sales returns account = $23,000 + $27200 - $32,000

balance in sales returns account = $18200

6 0

3 years ago

The first paragraph or part of a business letter is the .

WARRIOR [948]

The correct answer should be D

6 0

3 years ago

Read 2 more answers

Mirrlees Corp. has 11,000,000 bonds convertible into 39 shares per $1,000 bond. Mirrlees has 570,000 outstanding shares. Mirrlee

Oksi-84 [34.3K]

Answer: 1.37

Explanation:

The basic earnings per share" if after-tax earnings are $780,000 would be calculated as the after tax earning divided by the outstanding shares. This will be:

= $780000 / $570000

= 1.3684211

= 1.37

8 0

3 years ago