Your ability to negotiate for a reduced interest rate on a credit card or new loan depends on your credit score. You can benefit from other alluring offers you've received from other businesses depending on your credit score if you need more negotiating leverage.
What do you understand by credit score?
A credit score, which ranges from 300 to 850, represents a person's creditworthiness. The better a borrower seems to potential lenders, the higher their score. A credit score is determined by a variety of factors, including the number of open accounts, the total amount of debt, the repayment history, and others.
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Answer:
3
Explanation:
Labor, or a labor force, is the number of workers at a producer’s facility. These Laborers utilize capital resources to produce a product. Without a labor force, a producer cannot produce.
Producers must determine the most efficient number of workers to meet their production needs.
This number is determined by analyzing the Marginal Product of Labor. This is the amount of the change in production produced by each additional worker. This change can take on three forms.
When a producer decides to higher an additional worker and, as a result, the number of items produced per worker per unit of time increases, the producer is said to be enjoying Increasing Marginal Returns.
Ecuation:
MP=Marginal Product
Q=quantity of cakes per day
L=labor force per day
<span>Sustainable Growth Rate is = ( 1- Dividend Payout Ratio ) X RoE
Now, We have to find out the RoE of the given problem.
Return on Equity (RoE) = (Net Profit Margin) X (Asset Turnover)
X(Equity Multiplier).
= (0.05) X (1.40) X (1.50)
=0.105 or 10.5%
Now Sustainable Growth Rate(SGR) = (1- .40) X 0.105
= .063 or 6.3%
So, According to the question SGR of Green Giant is = 6.3%</span>
The true statements are:
- Raw materials inventory represents the cost of materials not yet used in production.
- When materials are purchased they are recorded in the Raw materials inventory account.
<h3>What are Raw materials?</h3>
Raw Materials are unprocessed materials used in the production of certain finished products.
In business accounting;
- The raw materials inventory is recorded as the cost of materials that are yet to be used in production.
- The materials purchased are usually recorded in the raw materials inventory account.
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