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4 years ago

payment history and total debt, together, comprise of 65% of your score. why do you think it’s so high?

Business

1 answer:

Otrada [13]4 years ago

6 0

<u>Solution and Explanation:</u>

Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.

In the event that you have poor credit, you've presumably had a blend of negative things on your credit report, as missed installments, misconducts, or possibly a chapter 11 or dispossession. You can generally demand a free credit report to make sense of what precisely is keeping your score so low. Truth be told, we prescribe checking your credit report each year.

Government law permits you access to a free duplicate of every one of your three reports like clockwork, so there's no explanation not to exploit this advantage.

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To protect certain fledgling industries, the government of country Z banned imports of the types of products those industries we

KIM [24]

Answer;

Explanation:

two types of industries are made mention of in this question.

1)Local Fledgling Industries

2)Export Dependent Industries,who are being forced to buy products from local industries now.

Since the Government has placed a ban on the importation of the products that are being made by the local fledgling industries. The implication of this is that:

1. Buyers of those import products will experience a rise in the Cost of those products as the competition faced by the Fledging industries decreases.

2. Competing becomes difficult for Export dependent industries. This is because of inflation. They now have to buy the same product at an inflated cost, thereby reducing profits.

7 0

3 years ago

Read 2 more answers

Nathan buys a new microwave for $200. The microwave’s label bears a disclaimer that the manufacturer is not liable for consequen

Rainbow [258]

Answer:

Option (c) $200

Explanation:

Data provided in the question:

Cost of the microwave = $200

Cost of repairs in the kitchen = $2,000

Now,

The damage caused in the kitchen is due to the malfunctioning of the microwave.

But the disclaimer on the microwave’s label already mentioned that the manufacturer is not liable for consequential damages.

here,

The damage in the kitchen is consequential damage to microwaves.

Hence,

the manufacturer of the oven will only give $200

Option (c) $200

5 0

3 years ago

Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint

Olin [163]

Answer:

Jamison's current total cost of making and selling 10 million cans of paint is $75,000,000 and the current cost per can of paint is $7.5

Explanation:

For computing the current total cost, we need to apply the formula which is shown below:

Total cost = Fixed cost + variable cost

where,

Fixed cost = $15,000,000

And, the variable cost = Annual production × variable cost per plant

= 10,000,000 × $6

= $60,000,000

Now put these values to the above formula

So, the value would equal to

= $15,000,000 + $60,000,000

= $75,000,000

Now the current cost per can of paint would be

= (Total cost) ÷ (Annual production)

= ($75,000,000) ÷ (10,000,000)

= $7.5 per can of paint

3 0

3 years ago

Which of the following statements is true? Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer

ad-work [718]

Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.

7 0

4 years ago

EB11.

devlian [24]

Complete Question is as under:

JJ Manufacturing builds and sells switch harnesses for glove boxes. The sales price and variable cost for each follow:

PRODUCTS Selling Price Per Unit Variable Cost Per Unit

TRUNK SWITCH $60 $28

GAS DOOR SWITCH $75 $33

GLOVE BOX LIGHT $40 $22

Their sales mix is reflected in the ratio 4:4:1. If annual fixed costs shared by the three products are 18,840.

Requirement 1: How many units of each product will need to be sold in order for JJ to break even?

Requirement 2: Use the information from the previous exercises involving JJ Manufacturing to determine their break-even point in sales dollars.

Kindly Find the Solution in the attachment.

3 0

4 years ago