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3 years ago

A credit score is based in part on

Business

2 answers:

kupik [55]3 years ago

5 0

Answer: Payment history and the total debt.

Explanation:

The payment history and the total debt are the main factors that affects the credit score most as the payment history is one of the important factor that affects in the report of the credit.

The credit score can be determined by the different types of the categories of the data in the given credit report. The credit score should be 30% in the form of total amount of the debt. The credit history and the account mix are also the factor that affects the credit score.

attashe74 [19]3 years ago

4 0

Borrowers payment history

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Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the

Ber [7]

Answer:

$1,000

Explanation:

We know that

Total cost = Fixed cost + Variable cost

From the data given, we can calculate the variable cost using the high-low technique.

Variable cost per unit

= $\frac{Total cost at highest level-Total cost at lowest level }{Highest level - Lowest level} \\\\=\frac{16,000-10,000}{1,000-600 } \\$

=$15

Lease cost = FC + $15(Machine hours)

Lease cost -$15(Machine hours) = FC

Case,

i) 800 machine hours,

FC = Lease cost - $15(Machine hours)

= $16,000 -$15(1000) = $1,000

6 0

3 years ago

A ____________ would be a misconfiguration of a system that allows the hacker to gain unauthorized access, whereas a____________

Murrr4er [49]

Answer:

Vulerability and Risk

Explanation:

Uncertainity is the vulnerability of an outcome and is not quantifiable whereas the risk is that the firm will be affected by an outcome which is quantifiable. So here the vulnerability of a system is its misconfiguration that has a loophole which would affect the firm and the hacker can hack these systems easily. Whereas the risk that the hacker will exploit the misconfiguration opportunity, such a hack using system misconfiguration is quantifiable and can be measured from past data and system configuration and security measures.

3 0

3 years ago

At the lowest price for jeans, consumers will demand the _____ jeans, and producers supply the _____ jeans.

katrin [286]

At the lowest price for jeans, consumers will demand the most jeans, and producers will supply the least jeans.

3 0

3 years ago

Read 2 more answers

Gill company calculated equipment depreciation for the month of $500. the necessary adjusting entry will include a:_________

sesenic [268]

Gill company calculated equipment depreciation for the month of $500. The necessary adjusting entry will include a credit to accumulated depreciation, and debit to depreciation expense.

The basic journal entry for depreciation is to debit the depreciation expense account and credit the accumulated depreciation account. Depreciation expense is recorded on the income statement as an expense or debit, reducing net income.

On the other hand, accumulated depreciation is not recorded separately on the balance sheet. Instead, it is recorded in a contra asset account as a credit, by reducing the value of fixed assets.

Hence, the entry will include a credit to accumulated depreciation, and debit to depreciation expense.

To learn more about depreciation here:

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#SPJ4

7 0

2 years ago

Mills Corporation acquired as an investment $225 million of 8% bonds, dated July 1, on July 1, 2021. Company management is holdi

Sholpan [36]

Answer:

Please see solution below.

Explanation:

July 1, 2021

Dr Investment in bonds $225,000,000

Dr Premium on investment in bonds $25,000,000

Cr Cash $250,000,000

December 31, 2021

Dr Cash $18,000,000

Cr Interest revenue $15,000,000

Cr Premium on investments in bonds

$3,000,000

Investment in bonds. $225,000,000

Premium on investment in bonds $22,000,000

January 2, 2022

Dr. Cash $266,000,000

Cr Investment in bonds $225,000,000

Cr Premium on investment in bonds $22,000,000

Cr Gain on sale of investments $19,000,000

Workings:

Effective interest rate on first coupon received = [ $225,000,000 × 8%] - [ $250,000,000 × 6%]

= $18,000,000 - $15,000,000

= $3,000,000

Premium on investment in bonds = $25,000,000 - $3,000,000

= $22,000,000

8 0

3 years ago