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3 years ago

What does a credit score measure?

1 answer:

6 0

Your credit score is a number that represents the risk a lender takes when you borrow money. A FICO score is a well-known measure created by the Fair Isaac Corporation and used by credit agencies to indicate a borrower's risk. ... However, in both cases, the higher the credit score, the lower the risk to the lender.

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On January 1, 2019, Oriole Company purchased the following two machines for use in its production process.

ivolga24 [154]

Answer and Explanation:

The journal entries are shown below:

1 Equipment $53,420

To Cash $53,420

(Being the equipment is purchased for cash is recorded)

The computation is given below:

= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost

= $49,500 + $3,650 + $100 + $60 + $110

= $53,420

2. Depreciation expense $9,614

To Accumulated Depreciation - Equipment $9,614

(Being the depreciation expense is recorded)

The computation is shown below:

= ($53,420 - $5,350) ÷ ( 5 years)

= $9,614

6 0

3 years ago

In early year 8, Alice sold Tom, her son, 20 shares of common stock for $20,000. Alice had paid $25,000 for the stock in year 2.

Tema [17]

Answer:

He must report 15,000 gain in his year 8 tax...........

4 0

3 years ago

At a restaurant the cost for a breakfast taco and a small glass of milk is $2.10. The cost for 2 tacos and 3 small glasses of mi

aliya0001 [1]

Answer:

m=$0.95

t=$1.15

Explanation:

Let m=cost of milk

t=cost of taco

t+m=$2.10 (1)

2t+3m=$5.15 (2)

From (1)

t=$2.10-m

Sub into (2)

2($2.10-m)+3m=$5.15

$4.2-2m+3m=$5.15

$4.2+m=5.15

m=$5.15-$4.2

m=$0.95

Sub value of m into (1)

t+m=$2.10

t+$0.95=$2.10

t=$2.10-0.95

t=$1.15

4 0

3 years ago

Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the Unit

DochEvi [55]

Answer:

Results are below.

Explanation:

Giving the following formula:

Direct labor per filing cabinet= 18/60= 0.3

Direct labor rate $28 per hour

<u>The supervisor salary and depreciation will remain constant, we will not take them into account.</u>

70,000 units:

Direct labor hours= (0.3*70,000)= 21,000

Direct labor cost= 21,000*28= $588,000

80,000 units:

Direct labor hours= (0.3*80,000)= 24,000

Direct labor cost= 24,000*28= $672,000

90,000 units:

Direct labor hours= (0.3*90,000)= 27,000

Direct labor cost= 27,000*28= $756,000

3 0

3 years ago

Write a response to the following behavioral question using the behavioral question response model. Remember, if you do not have

stepladder [879]

Student responses will vary, but should follow the behavioral question response model.

1. Describe the situation.

2. Explain the actions taken.

3. Describe the outcomes.

4. Summarize what was learned from the experience.

You should start by recalling a time when you had to make a choice that was paradoxical, unexpected, or curious.

Procedure for writing the text:

Give a brief overview of the decisions that had to be made.
Indicate the choice you've made.
List the factors that contributed to your decision.
Give an explanation of what makes this decision unusual.
Show how the public responded to that choice.
Indicate the outcomes that the choice fostered and whether they were favorable or unfavorable.

Remember that your response must be unbiased while also deeply addressing your experience.

To know more about decisions visit the link:

brainly.com/question/27400967?referrer=searchResults

#SPJ1

5 0

1 year ago