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
elena-s [515]
2 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]2 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:

You might be interested in
Why are free and fair elections most likely weakened by a lack of opposition parties? it allows some political issues to be igno
nirvana33 [79]
The first one, political issues are ignored
4 0
2 years ago
Read 2 more answers
Jordon and Heidi share income equally. For the current year, the partnership net income is $40,000. Jordon made withdrawals of $
aleksley [76]

Answer:

a.$46,000

Explanation:

A partner ship account records the transactions related to partnership. All transaction of withdrawal, Profit allocation etc. are recorded to determine the closing balance of each partner.

Ending Capital Balance = Beginning Capital balance + Income allocation for the year - withdrawals

Jordon's Ending Capital Balance = $40,000 + ( $40,000 x 0.5 ) - $14,000

Jordon's Ending Capital Balance = $40,000 + $20,000 - $14,000

Jordon's Ending Capital Balance = $46,000

3 0
2 years ago
Suppose that Sheldon and Leonard can either run errands or wash dishes. The time it takes each of them to accomplish one of thes
MrMuchimi

Answer: Sheldon focuses or specialize on running errands and Leonard in washing dishes;

they trade at 1 errand run per 20 dishes washed

Explanation:

Sheldon focuses or specialize on running errands and Leonard in washing dishes; thus this the individual specialization

they trade at 1 errand run per 20 dishes washed this is the terms of trade they both can agree on.

6 0
2 years ago
To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choi
seropon [69]

Answer:

Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism

3 0
1 year ago
Explain the relationship between consumers and producers in economic growth and activity
Strike441 [17]

The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.

Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.

Money allows this relationship to work.

3 0
3 years ago
Other questions:
  • Which of the following might be a job or task of an it worker who manages networks
    7·1 answer
  • The _____ is used to measure price changes in commonly used goods and services, such as food and housing. real inflation, hyperi
    9·1 answer
  • A business owner who wants to make adjustments to her company's production would make use
    6·1 answer
  • you are going to deposit $19000 today. You will earn an annual rateof 3.3 percent for 11 years, and then earn an annual rate of
    14·1 answer
  • Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $57000. If the b
    8·1 answer
  • The economy of Suielevia is under severe financial distress. Over the last few months, the economy has gradually picked up and t
    14·1 answer
  • Computing net income LO A1
    10·1 answer
  • Carr Manufacturing makes a product that incurs prime costs of $320,000. Production uses 1,000 setup hours and 1,900 machine hour
    8·1 answer
  • Write about the main occupation of nepal​
    13·1 answer
  • 1) Define JTA <br><br><br>please help<br>​
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!