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2 years ago

Payment History and Total Debt, together, comprise 65% of your score. Why do you think it's so high?

Business

1 answer:

SIZIF [17.4K]2 years ago

8 0

Answer: Direct evidence of ability to pay debt

Explanation:

Payment history and Total debt are so highly rated because they provide direct evidence of the person's ability to pay back debt.

Payment history shows how well the person had been paying off previous debt and this is very important because it is believed to show a person's ability to pay future debt. If a person's payment history is bad, credit rating agencies will express doubt at this trend changing thus reducing one's credit score.

Total debt is an even more direct determinant of a person's ability to pay. The more debt a person currently holds, the less they will be able to pay for new debt because it would mean that a significant part of their income is already going towards debt payment. This will therefore reduce a person's credit score. The reverse is true.

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Smith Corporation makes and sells a single product called a Pod. Each Pod requires 2.4 direct labor-hours at $10.60 per direct l

kramer

Answer:

$585,120

Explanation:

The computation of Budgeted direct labor costs is shown below:-

Direct labor cost per pod = Direct labor required per pod x Direct labor rate

= 2.4 × $10.60

= $25.44

Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods

= $25.44 × 23,000

= $585,120

Therefore for computing the budgeted direct labor costs we simply applied the above formula.

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2 years ago

You want to invest in a project in LaLaLand. The project has an initial cost of LLL 757,000 and is expected to produce cash infl

Lelu [443]

Answer:

194,112.8

Explanation:

The computation of Net Present Value is shown below:-

Net Present Value = Present value of cash inflows - Present value of Cash outflows

= -757,000 + 396,000 × PVAF (12%, 3 years)

= -757,000 + 396,000 × 2.4018

= -757,000 + 951,112.8

= LLC 194,112.8

= 194,112.8

Therefore for computing the net present value we simply applied the above formula.

8 0

2 years ago

By lowering production costs, _____ help domestic producers compete against foreign imports. subsidies duties quotas tariffs

MrRa [10]

By dropping production costs, subsidies aid domestic manufacturers strive in contrast to foreign imports and attainment export markets. Subsidies proceeds many forms as well as cash grants, low interest loans, tax breaks and government equity contribution in domestic companies. Government subsidies should be paid for or usually by taxing people and businesses. The biggest protectors of the agricultural subsidies are the industrialized nations of the world and the consequence of subsidies is subsidies protect inefficient domestic producers. Conferring to the strategic trade policy, subsidies can assist a company to attain a first mover benefit in an developing industry. Non-tariff obstructions which comprise of subsidies, quotas, voluntary export restraints and anti dumping duties.

4 0

2 years ago

At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative

Nuetrik [128]

Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

Earnings per share = $450,000 / 180,000

Earnings per share = $2.5 per share

7 0

3 years ago

Informal logic is __________.

Kobotan [32]

Its the study of formal validity without a focus on everyday usages of critical thinking

5 0

3 years ago