1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djyliett [7]
3 years ago
11

Circle or highlight the correct answer choice: If you have a high credit score, you are more / less likely to get approved for a

loan.
Business
1 answer:
kotykmax [81]3 years ago
6 0

Answer:

more likely to get approved for a loan.

Explanation:

A credit score is the accepted indicator of one's reliability in paying debts.  In calculating the credit score, a person's credit history is an essential element. If one has been punctual and disciplined in repaying their debts, they are likely to have a high credit score.

Credit score range between 300 and 850. A high score implies the customer is very reliable in repaying debts. Lenders consider individuals with a high credit score as low-risk customers. They are less likely to default on their debts.  For this reason, a customer with a high credit score is highly likely to be approved for a loan.

You might be interested in
On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per
ki77a [65]

Answer:

8%

Explanation:

Dividend yield is a measure of business performance, used by investors which compares dividend paid by a stock to its market share.

Given the above information,

Dividend yield = $3.90/$48 × 100 = 8.13%

4 0
2 years ago
S corporation shareholders are subject to self-employment tax on business income allocations from the S corporation if they are
Mila [183]

Answer:

The statement is false

Explanation:

S corporations are pass through corporations, which means income earned is passed to the owners and they are taxed at individual level.

Shareholders of S corporation earns income in the form of wages and distributions. Wages are charged with payroll taxes. S corporation shareholders are not subject to self-employment taxes which is an advantage for them.

Therefore, the statement is false

3 0
3 years ago
Jaffe found that stock prices __________ after insiders intensively bought shares and __________ after insiders intensively sold
kiruha [24]

Answer:

c

Explanation:

6 0
2 years ago
Fixed costs for a product are $60,000. The product itself sells for $4.00 and it costs $1.00 to make each product. How will the
Kamila [148]

Answer:

The break-even point in units will increase by 400 units.

Explanation:

Giving the following information:

Fixed costs= $60,000

Selling price= $4.00

Unitary variable cost= $1

First, we need to calculate the current break-even point for the current situation.

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 6,000 / (4 - 1)

Break-even point in units= 2,000 units

<u>Now, the unitary variable cost is $1.5</u>

<u></u>

Break-even point in units= 6,000 / (4 - 1.5)

Break-even point in units= 2,400 units

The break-even point in units will increase by 400 units.

4 0
2 years ago
Which mood or feeling is an individual MOST likely communicating when they keep their hands in their pockets as someone is talki
LenaWriter [7]

Answer:

Receptiveness

Explanation:

<em> So a receptive person is willing to receive things, especially opposing arguments, constructive criticism, and helpful hints. How receptive you are speaks to your willingness to have an impression made upon you.</em>

7 0
2 years ago
Other questions:
  • The people on Coral Island buy only juice and cloth. The CPI basket contains the quantities bought in 2013. The average househol
    14·2 answers
  • The country of Yokovia does not trade with any other country. Its GDP is $20 billion. Its government collects $2 billion in taxe
    5·1 answer
  • Peggy andrews has a charge account at davis jewelers, which uses the unpaid-balance method of computing finance charges. the per
    7·1 answer
  • A food truck is an example of which kind of distribution channel?
    8·2 answers
  • Why should employees be wary of participating in the grapevine in a business
    15·1 answer
  • Write a brief story about a young person shopping at a local mall that incorporates all benefits of marketing ?
    7·1 answer
  • Jackie has been reading about international trade and that one nation has the ability to produce a specific product more efficie
    7·1 answer
  • John, an executive at a top investment firm, often gets into heated arguments with his boss over differences in work ethics. In
    12·1 answer
  • Sweet Tooth Candy Company budgeted the following costs for anticipated production for August:
    14·1 answer
  • Stocks and bonds are traded in question content area bottom part 1
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!