1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ulleksa [173]
3 years ago
11

The chart shows a range of credit scores.

Business
2 answers:
fgiga [73]3 years ago
7 0

Answer:

find it hard to get a loan.

Explanation:

According to the bar chart, a credit rating of between 500 and  600 lies within a bad and poor credit score. A bad or poor credit score indicates the irresponsible use of credit facilities and bad credit history. It tells that the individual has a history of missing out on loan installments, late payments, or defaulting on loans.

A bad or poor credit rating implies that a customer is highly likely to default on loan repayment. Due to this reason, lenders judge them to be high-risk customers and are likely to deny them credit facilities.

Marina CMI [18]3 years ago
3 0

Answer:

find it hard to get a loan.

Explanation:

a p e x

You might be interested in
After the events of 9/11, a friend suggests to you that the Central Intelligence Agency (CIA) and Federal Bureau of Investigatio
bazaltina [42]
A. Hindsight bias- also known as the knew-it-all-along phenomenon or creeping determinism, refers to the common tendency for people to perceive events that have already occurred as having been more predictable than they actually were before the events took place.
7 0
3 years ago
A dollar in hand today is worth_______(less than/more than/equivalent) a dollar to be received in the future because if you had
Free_Kalibri [48]

Answer:

more than

earn interest

discount cash flow (DCF)

Explanation:

The concept of future value represents the amount that a lump sum or series of cash flows will achieve after a given period when compounded at an interest rate. This means that a dollar in hand today is worth more than a dollar to be received since it can be applied to earn interest.

The time value of money, which allows us to evaluate different investments, is also known as discount cash flow (DCF).

3 0
3 years ago
The fisher effect predicts that an increase in expected inflation will lower the interest rate on bonds. true false
mario62 [17]
False. Interest rates rise as the expected inflation also increases. 
8 0
3 years ago
Suppose that the reserve requirement for checking deposits is 10 percent and that banks do not hold any excess reserves. If the
Vladimir79 [104]

Answer:

Take a look to the following explanation

Explanation:

Reserve ratio ,10%=0.1

Money multiplier=1/reserve ratio=1/0.1=10

If feds sells 1million$ bond the economy reserves increases by 1 million$ and money supply decrease by 10 million $(1*money multiplier).

If fed changes RR to 5% but banks choose to hold another ,5 percent as excess reserve ,then on aggregate actual reserve ratio will be 10%. So money multiplier would remain same,10 and so the money supply

8 0
3 years ago
VLC Corporation sold merchandise with a cost of $200 on account for $300 to PRT Corporation; credit terms were 2 / 10, n / 30. V
tatyana61 [14]

Answer:

  • The entries in VLC's accounting information system to record all the preceding events will include all of the following except:

C. A credit togross profit

Explanation:

An entry to Gross Profit does not exist because the gross profit it's the result of the total sales minus the Cost of Goods, so the Gross Profit it's a result and not a journal entry.

The other entries are used as follows:

A. A debit to cost of goods sold

D. A credit to inventory

B. A debit to delivery expense

A credit to Cash

3 0
2 years ago
Other questions:
  • What are the costs and consequences of providing and to whom
    5·1 answer
  • Why was money scarce when crops produced a good profit? savestylesformat instructions?
    14·1 answer
  • Historically the stock market goes up when there is bad news on unemployment. The latest statistics show the unemployment rate i
    13·1 answer
  • In terms of strategy making, what is the difference between a one-business company and a diversified company?A. The first uses a
    11·1 answer
  • Which of the following terms is a general description for a group of crimes?
    13·1 answer
  • in a based economy transaction require that each party have something the other desires increase market
    6·1 answer
  • How can part-time or temporary work help you explore career choices?
    10·1 answer
  • Blue Spruce Corp. started the year with total assets of $304000 and total liabilities of $244000. During the year the business r
    7·1 answer
  • If held in captivity you should communicate and organize with the community of fellow united states government and allied captiv
    9·1 answer
  • imagine that you are a promoter of concerts and pop-up events. you need to know how well last month's events did in order to mak
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!