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3 years ago

Which is most likely to happen to consumers with good credit? Check all that apply.

Business

2 answers:

Nastasia [14]3 years ago

8 0

Answer:

They can be approved for loans.

They can receive lower interest rates.

They can use credit in emergencies.

Explanation:

Good credit history is a result of sound debt management habits. A person with good credit is disciplined in the use of credit facilities. They are characterized by

They pay their debts on time.
They do not miss installment payments.
Are not overwhelmed by too many debts at a time.

Lenders consider an individual with good credit as low-risk customers. Due to this reason, they are advanced loans at lower interest rates. Customers with good credit get their credit approvals within a short period.

sesenic [268]3 years ago

5 0

Answer:

A) They can be approved for loans.

C) They can receive lower interest rates.

E) They can use credit in emergencies.

Explanation:

edge 2020 100%

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On January 1, 2019 Miller Corporation had retained earnings of $8,000,000. During 2019, Miller reported net income of $1,500,000

Stels [109]

Answer:

$9,000,000

Explanation:

As we know, in preparing accounts, the following steps are considered:

From all the revenues earned, all the expenses are deducted, and then we get net revenues.

From such net revenues all the taxes are provided.

Then all the appropriation in the form of dividend is provided.

Firstly to preference and then to equity.

After that all the remaining earnings are added to retained earnings.

In the given instance,

Net Income - Dividend = $1,500,000 - $500,000 = $1,000,000

Now this will be added to opening retained earnings.

Therefore, retained earnings balance at year end = $8,000,000 + $1,000,000

= $9,000,000

4 0

3 years ago

For every decision you make there is a trade off

Airida [17]

Answer:

True

Explanation:

I took the test on edge

8 0

4 years ago

By studying, Will can produce a higher grade, , on an upcoming economics exam. His production function depends on the number

Paul [167]

Answer:

c. 2.5A^0.36R%0.64/R.

Explanation:

Marginal productivity is the increase in amount of one unit of output with the one unit increase of input. Will can produce higher grade when he studies more hours. His grade will increase by one level when he studies more. His grade production function is the level of increase in his output.

6 0

3 years ago

Country X, a poor country, invents a revolutionary electronic product. The country markets this new product in other poor countr

Scorpion4ik [409]

Answer:

Free trade

Explanation:

Correct word for the given statement is free trade

The hypothesis competitive advantage recommends that exchange is a positive-sum game in which all nations that take part acknowledge monetary increases. In that capacity, this hypothesis gives a solid method of reasoning to empowering organized commerce.

The approach doesn't limit imports or fares; it can likewise be comprehended as the free market thought applied to worldwide exchange.

8 0

3 years ago

Under the equity method of accounting for investments, an investor recognizes its share of the earnings in the period in which t

Sphinxa [80]

Answer: Earnings are reported by the investee in its financial statements

Explanation:

Equity method is when investments are being treated in associate companies and it is usually applied in cases whereby an investor entity holds about twenty to fifty percent of the associate company's voting stock. Due to this reason, it has a strong say in the associate company's management.

Under the equity method of accounting for investments, an investor recognizes its share of the earning in the period in which the earnings are reported by the investee in its financial statements.

8 0

3 years ago