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slega [8]
3 years ago
12

Why would a bank be more likely to make a loan to someone with a FICO score of 750 rather than someone with a score of 500? a) T

he higher the score, the greater the interest rate the lender can charge the borrower b) The closer the score to zero, the less the person owes in debt to other companies c) The higher the score, the less risk to the lender that the borrower will be past due on their payments d) None of the above
Business
2 answers:
Archy [21]3 years ago
8 0

Answer:

c) The higher the score, the less risk to the lender that the borrower will be past due on their payments

Explanation:

Fair Isaac Corporation scores are used to measure the creditworthiness of a borrower. The higher the credit scores, the higher the chances of the borrower paying back what was borrowed. Credit scores are in ranges. Credit scores below 500 are rated as Poor and indicates that the borrower's chances of returning what was borrowed are very low.

Credit scores between 740-799 are rated as very good and indicate that the borrower would be prompt in the repayment of his loan.

strojnjashka [21]3 years ago
5 0

Answer: the higher the score, the less the risk to the lender that the borrower will be past due on their payments

Explanation:

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Identify the type of costs that would be considered incremental cost for a decision to close stores. (You may select more than o
Gemiola [76]

The incremental costs that can be deduced include the cost for materials, overhead, and labor that are associated with the actual closing process.

Incremental cost simply means the total cost that's incurred as a result of an additional unit of product that is being produced.

It's simply calculated by analyzing the additional expenses that were spent by the company. They are the cost for materials, overhead, and labor that are associated with the actual closing process.

Learn more about costs on:

brainly.com/question/24516871

6 0
2 years ago
If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac
LuckyWell [14K]

Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

5 0
3 years ago
. According to the path-goal theory of leadership, which of the following leadership styles stresses high-quality performance an
const2013 [10]

Answer:

The correct answer to the following question will be Option C (Achievement-oriented leadership).

Explanation:

  • The Path-Goal model is indeed a concept based on clarifying the style or activity of a leader that best suits the individual and the working conditions to reach a goal
  • The achievement-oriented leader approach applies to circumstances in which the leader sets demanding workplace goals, requires them to operate at their highest possible level, and expresses control over their own lives to fulfill those standards.

Therefore, Option C is the right answer.

4 0
3 years ago
Gutierrez Company reported net income of $225,000 for 2017. Gutierrez also reported depreciation expense of $45,000 and a loss o
Anestetic [448]

Answer:

                        Gutierrez Company

                       Cash Flow statement

                          for the year 2017

                                                                     $

Net Income                                              225,000                

+ Depreciation                                            45,000

+ Decrease in receivable                           15,000

+ Increase in payable                                  17,000

+ Decrease in prepaid expenses            <u>  4,000 </u>

Net cash flow from operating activities  <u>306,000</u>  

Explanation:

Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable  and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.

4 0
3 years ago
Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for Coding Associates for one year for $5,0
algol13

Answer:

c.

Explanation:

Based on the information provided within the question it can be said that in order for it to be enforceable, a writing is required for the employment agreement. This is because the employment requires initial work for a month before receiving payment for the services provided. Unlike the other two purchases, since money is being exchanged directly for a product or service at the exact moment.

8 0
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