Sue bought a copy of her credit report and found incorrect information in it. she can request that the credit bureau correct her credit report
A credit report is a statement that provides information about your credit activity and current credit situation, such as: B. Loan payment history and credit account status. Sep 1, 2020
Loan repayments, available credit, monthly debt amounts, and other types of information help prospective lenders determine whether credit risk is high or low.
credit report is a record of a borrower's responsible debt repayment. A credit report is a record of a borrower's credit history from various sources such as banks, credit card companies, collection agencies, and governments.
Learn more about credit reports here: brainly.com/question/9913263
#SPJ4
When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold
Sales = $814,000
Cost of goods sold = $386,650
Gross profit = $814,000 - $386,650
Gross profit = $445,350
Answer:
C. Payback is 10 years
Explanation:
Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the $218,000 investment given the stated cash-flows.
Year Cash-flow Balance
0 (218,000.00) (218,000.00)
1 32,000.00 (186,000.00)
2 18,000.00 (168,000.00)
3 21,000.00 (147,000.00)
4 21,000.00 (126,000.00)
5 21,000.00 (105,000.00)
6 21,000.00 (84,000.00)
7 21,000.00 (63,000.00)
8 21,000.00 (42,000.00)
9 21,000.00 (21,000.00)
10 21,000.00 -
11 21,000.00 21,000.00
12 21,000.00 42,000.00
By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years
<span>The phrase used in the article, a more equitable distribution of income, is meant to convey the idea that income should be more fairly distributed through everyone in all classes in the country. The basic idea is there should not be such huge gaps between the top and bottom income tiers.</span>
Answer:
B
Explanation:
Money as a medium of exchange means money can be used a means of payment. That is, money is used is sorting everyday transactions. Recall that there are three motives of holding money;
1. Transactionary
2. Precautionary
3. Speculative
Transactionary motive means you can use money to sort your everyday transactions.
Precautionary motive - You can save money for rainy days. (i.e. accident, sickness etc)
Speculative motive means you can use money to invest - make investment decisions with money (buy treasury bills, money market fund instruments, currency, etc)
All of the above motives can not be achieved if money does not serve as a means of payment.
Money as a medium of exchange means the legal tender (money) has a government backing.
