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elena-s [515]
3 years ago
12

What are two factors used to determine a credit score? Explain how they indicate good or poor credit. Write in complete

Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

Payment history: Lenders are most concerned about whether or not you pay your bills on time.

Amounts owed: The amount of debt you have in comparison to your credit limits affects your credit. the higher the debt the riskier you seem to a potential creditor.

Length of credit history: Having a longer credit history is favorable because it gives them a more favorable picture that you have built credit over the years with other creditors.

New credit: In general, people who open many new credit accounts in a short amount of are considered a high risk. Too many new accounts can negatively impact your credit score.

Explanation:

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Choose the answer The creation of the internet has impacted many parts of society, including which of the following? choose the
Anettt [7]

Answer:

D, all of the above.

Explanation:

Because of the internet, we have online shopping apps, educational websites such as Google Classroom, and means of advertising one's business online.

6 0
3 years ago
Insurance protects you from liability and allows you to provide for your own and others' long-term needs. But what if you never
Elenna [48]

Insurance is needed by all. it gives a full coverage to all at any time. pooling of insurance is done by companies. Health insurance and Life insurance is worth

3 0
4 years ago
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Example of business operations training.​
Sunny_sXe [5.5K]

Answer:

Key operating activities for a company include manufacturing, sales, advertising and marketing activities. The operating income shown on a company's financial statements is the operating profit remaining after deducting operating expenses from operating revenues

Explanation:

3 0
3 years ago
Allison is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alt
lukranit [14]

Answer:

$54,000

Explanation:

The opportunity cost is that cost which can be given the benefit out of the given options. In another way, it would be select the best alternative option which gives you the best results or benefits.  

In the given case, Allison earns $54,000 in her first year of employment and if she works with her father she earns an annual salary of $38,000. So, the opportunity cost, in this case, would be $54,000

4 0
3 years ago
Forward Co. discarded a machine that cost $5,000 and was fully depreciated. The entry to record this transaction would include a
madreJ [45]

Based on the fact that Forward Co. discarded a machine with cost $5,000, the entry to record this transaction in the books would include a credit to Machinery.

<h3>How do you dispose of fixed assets?</h3>

When fixed assets are to be disposed of, the accumulated depreciation upt to that point is looked at to calculate the net book value.

This would then show the company if they made a profit or a loss when they sold the fixed asset with a profit being made when the selling price is higher than the net book value.

Regardless of the price the fixed asset is sold at, the company would record a credit to the fixed asset (machinery) account to show that the fixed asset account is decreasing.

In conclusion, there will be a credit to machinery.

Find out more on disposing fixed assets at brainly.com/question/14542603

#SPJ1

6 0
3 years ago
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