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Anastaziya [24]
3 years ago
5

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]3 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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If the buyer perceives a buyer-supplier relationship is in the desirable region on the purchaser-supplier satisfaction matrix, b
vfiekz [6]

Answer:

The correct answer is the option D: share information to find a mutual solution.

Explanation:

To begin with, the concept known as "Supplier Satisfaction" has long been a dead term for many companies in all the industries, however very recently the acquisition of this method has been implemeted in order to increase the benefits that it brings to understand better the relationship with the costumer. Moreover, the model itself seeks for the proper creation of a high quality relationship established in communication between the costumer and the supplier who is able to make a confortable sale and create and environment suitable for the buyer. That is why that the correct action will be to share information in order to find a mutual solution in the case where the situation is in that desirable region of the matrix.

4 0
3 years ago
You find an apartment that rents for $320 per month. you are also responsible for utilities that average $80 per month. what is
iren [92.7K]
Likely yearly cost based on the above information and no other expenses is $4,800
7 0
3 years ago
At the end of 2016, Nash's Trading Post, LLC has accounts receivable of $635,600 and an allowance for doubtful accounts of $23,1
Greeley [361]

Answer:

Explanation:

a. The journal entry is shown below:

Allowance for doubtful accounts A/c Dr $4,210

           To Accounts receivable  $4,210

(Being the write-off amount is recorded)

b. The computations are shown below:

Cash realizable value of the accounts receivable before the write-off would be

= Account receivable balance - Allowance for doubtful accounts

= $635,600 - $23,140

=  $612,460

Cash realizable value of the accounts receivable after the write-off would be

= Account receivable balance - Allowance for doubtful accounts

= $635,600 - $23,140

=  $612,460

The $4,210 has added in both the items but it does not affect the overall balance. So, the balance would remain unchanged

5 0
3 years ago
Planner Corporation owns 60 percent of Schedule Company’s voting shares. During 20X3, Planner produced 25,000 computer desks at
bogdanovich [222]

Answer:

Cost of Goods sold for Planner:

= Goods sold * Cost to produce

= 10,000 * 82

= $820,000

Cost of Goods sold for Schedule:

= Goods sold * Cost of acquisition

= 7,000 * 94

= $658,000

5 0
3 years ago
What do you feel sets you apart from other high school graduates? Why? Paragraph form, please.
luda_lava [24]

To whom it may concern,

My name is Amanda Jenkins and I am a graduate of Newbury High School. I recently graduated in 2019 was on the school's honor roll.

I have always believed in the power for education to change people's lives and have a keen interest in STEM subjects. As a girl, I know we are under represented in this field but I want to purse a career in advanced mathematics and prove so many people wrong.

I have a dream of working in NASA one day and support the great work done by our brave astronauts.  As a young girl, I remember visiting NASA in Houston and being mesmerized by what I saw.

Apart from this, I was an active cheerleader in our school and even played in our school's table tennis team. On the side, I began to work in a local shop to make up some savings and contribute towards my college fund.

I believe my hard work, determination, experience, education and dreams sets me apart from the other school graduates.

6 0
3 years ago
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