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3 years ago

Who determines your credit score?

Business

2 answers:

Natali5045456 [20]3 years ago

7 0

Answer:

Credit karma

Explanation:

REY [17]3 years ago

6 0

Answer:

Your credit scores are determined by credit scoring models that analyze one of your consumer credit reports and then assign a score using complex calculations.

Explanation:

<u>The five pieces of your credit score</u>

Your payment history accounts for 35% of your score.
How much you owe on loans and credit cards makes up 30% of your score.
The length of your credit history accounts for 15% of your score.
The types of accounts you have made up 10% of your score.
Recent credit activity makes up the final 10%.

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A market is described by the following supply-and-demand curves:QS = 2PQD = 300−PSuppose the government imposes a price ceiling

Zarrin [17]

Answer:

Binding

$100

200

Shortage

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good.

A price ceiling is binding when the price ceiling is below the equilibrium price.

To find the equilibrium price, equate qs to qd because at equilibrium, quantity supplied is equal to quantity demanded.

2P = 300 - P

3P = 300

P = 100

Equilibrium price is $100.

$100 > $90. Therefore, price ceiling is binding.

To find quantity supplied, plug in the value of P into the equation for quantity supplied

QS = 2(100) = 200

To find quantity demanded, plug in the value of P into the equation for quantity demanded

QD = 300 - 100 = 200

when price is below equilibrium price, quantity demanded increases while the quantity supplied decreases. This leads to a shortage.

I hope my answer helps you

3 0

4 years ago

In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures to a market

vampirchik [111]

Answer:

$5,412,000

Explanation:

The semi annual interest = $20

Periods (n) till maturity are 10*2 = 20

Discounting rate is 12%/2 = 6%

Principal amount is $1,000

Market Value = 20 * PVIFA (20,6%) + 1,000 * PVIF (20,6%)

Market Value = 20 * 11.4699 + 1,000 * 0.3118

Market Value = 229.398 + 311.8

Market Value = 541.198

Market value = $541.20

Number of bonds = 10,000,000/1,000

Number of bonds = 10,000

Current market value = Number of bonds * Market value

Current market value = 10,000 * 541.20

Current market value = $5,412,000

8 0

3 years ago

Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $158,000 Credit sale

IceJOKER [234]

Answer:

$8,870

Explanation:

Calculation to determine the balance in the allowance for doubtful accounts after bad debt expense is recorded

Using this formula

Balance in the allowance for doubtful accounts=

(Credit sales* Percentage of Credit sales)+Allowance for doubtful accounts credit balance

Let plug in the formula

Balance in the allowance for doubtful accounts= ($458,000*1.5%)+$2,000

Balance in the allowance for doubtful accounts=$6,870+$2,000

Balance in the allowance for doubtful accounts=$8,870

Therefore the balance in the allowance for doubtful accounts after bad debt expense is recorded will be $8,870

6 0

3 years ago

"you are borrowing $1,000 with an apr of 10% and a loan maturity of one year. total interest charges will be the highest when __

maks197457 [2]

When you make one payment in full at the end of the year.

3 0

3 years ago

How does an opthalmologist help the patients? plzz help me

kifflom [539]

Explanation:

An Opthamologist is a type of doctor who helps in treatment of several or severe eye diseases...

6 0

3 years ago

Who determines your credit score?​

Who determines your credit score?