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3 years ago

Who looks at your credit report

Business

1 answer:

poizon [28]3 years ago

8 0

Answer:

Current or potential creditors — like credit card issuers, auto lenders and mortgage lenders — can pull your credit score and report to determine creditworthiness as well. Credit history is a major factor in determining (a) whether to give you a loan or credit card, and (b) the terms of that loan or credit card.

Explanation:

Simplify this it may help.

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Adam Smith believed that fair prices for goods are determined in a capitalist system:______ a) through competition between busin

Alexus [3.1K]

Answer:

The correct answer is A

Explanation:

Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.

So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.

5 0

3 years ago

aRhonda owns an office building that has an adjusted basis of $45,000. The building is subject to a mortgage of $20,000. She tra

Scorpion4ik [409]

LaRhonda realized and recognized gain or loss are: $45,000; $35,000.

a. LaRhonda realized gain:

Using this formula

Realized gain = (Cash + Fair market value of building + Mortgage) - Adjusted basis

Let plug in the formula

Realized gain = ($15,000 + $50,000 + $20,000) - $45,000

Realized gain = $85,000-$45,000

Realized gain = $40,000

b. LaRhonda recognized gain or loss

Using this formula

Recognized gain = Cash + Mortgage

Let plug in the formula

Recognized gain =$15,000 +$20,000

Recognized gain= $35,000

Inconclusion LaRhonda realized and recognized gain or loss are: $45,000; $35,000.

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brainly.com/question/15176463

4 0

2 years ago

Macroeconomics examines: A. the economy as a whole, such as how rapidly the economy grows. B. policy issues, such as how the

mel-nik [20]

Answer:

A. the economy as a whole, such as how rapidly the economy grows

Explanation:

Economic theory is divided into two broad areas: macroeconomics and microeconomics. Macroeconomics discusses large economic aggregates, such as income, inflation, and employment variations. This is the part of science that studies the evolution of the economy as a whole. It is an approach that aims to discuss these factors and bring about improvements through economic policies. In turn, microeconomics deals with micro factors, such as the behavior of consumers and companies, including in relation to competitive structures.

5 0

4 years ago

Here are selected 2017 transactions of Novak Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2

Oliga [24]

Answer:

dep expense 4,450 debit

acc depreciation computer 4,450 credit

to record depreciation for the computer

cash 4,700 debit

acc depreciation 22,250 debit

loss on disposal 9,250 debit

computer 35,600 credit

to record sale of computer

dep expense 4,160 debit

acc depreciation truck 4,160 credit

to record depreciation expense for the truck 2017

cash 9,500

acc depreication 16,640

gain on disposal 2,040

truck 24,100

to record sale of a truck

Explanation:

<u>Computer:</u>

35,600 / 4 = 8,900 depreciation per year

depreciation for 2017

january to june 30th --> half a year so half depreciation

8,900 / 2 = 4,450

then we do the sale of the computer

acc depreciation

from jan 1st 2015 to june 30th 2017

2 and a half year

8,900 + 8,900 + 4,450 = $22,250.00

book value 35,600 - 22,250 = 13,350

proceeds 4,700

loss on disposal 9,250

<u>truck</u>

Acquisition Value 24100

Salvage Value 3300

ammount subject to depreciation 20800

Useful Life 5

depreciation per year 4160

We need to do the entry for the depreication for the year.

Then we calcualte the gain/loss on disposal

accumualted from jan 2014 to dec 31th 2017

4 years

4,160 x 4 = 16,640

book value 24.100 - 16,640 = 7,460

proceeds 9,500

gain on disposal 2040

5 0

4 years ago

When Honda experienced declining sales as a result of quality and safety issues, it began offering buyer incentives to new-car b

kotykmax [81]

Answer:

represent an oligopoly in which there are few sellers, and each seller has considerable control over price.

Explanation:

Car manufacturers are an oligopoly because they are relatively companies that operate around the world, they all offer similar products although they are not identical (e.g. sedans, SUVs, pickup trucks, etc.), and they all possess a considerable market power. Also it is very difficult for a new company to enter the market because the barriers of entry are extremely high since each company sells millions of cars per year worth billions of dollars. Also, when of them starts a promotional activity, the rest will probably follow.

7 0

4 years ago