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2 years ago

Which is true of payment history and it’s relation to credit reports

1 answer:

8 0

Your payment history shows creditors your reliability in paying what you owe, so if you have a bad payment history, then your credit report will show that.

I hope this helps! :)

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Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession

mr Goodwill [35]

20.94% is the expected rate of return

Explanation:

The following formula is to be used for the expected rate of return

Expected rate of return = Sum of probability multiply with rate of return

$=(0.22 * .16)+(.47 * .12)+(.31 * .38)$

= 0.2094

= 20.94%

The expected rate of return means such return which an investor expects from the amount that has been invested by him into the business organization. It is significant to calculate the rate of return in order to find out the viability of a company.

7 0

3 years ago

Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr

Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

3 0

3 years ago

individuals differ in risk aversion because of: group of answer choices differences in their insurance. moral hazard. adverse se

Gwar [14]

Individuals differ in risk aversion because of differences in income or wealth.

Risk aversion is the propensity of people to choose outcomes with low uncertainty over those with high uncertainty, even when the average outcome of the latter is equal to or higher in monetary worth than the more definite event. This tendency is shown in both economics and finance.
Risk aversion is the tendency to avoid danger. A risk-averse investor is one who prioritizes money preservation over the potential for a higher-than-average return. Price volatility and investment risk are the same.
If someone would rather take the risk and maybe receive nothing than accept a definite payment (certainty equivalent) of less than $50 (for instance, $40), they are considered to be risk averse. If they have no preference between the wager and a specific $50 payoff, they are risk neutral.

Thus the correct answer is d.

Refer here to learn more about risk aversion: brainly.com/question/8394406

#SPJ4

5 0

1 year ago

Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house

aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars Amount Amount

Opening Inventory Of Materials $4,000

Add: The Purchase of Direct Materials $25,600

Direct Material available $29,600

Subtract: Closing Inventory of materials ($2600)

The Direct Material Used for the year $27,000

Add:

Direct Labour Cost $472,500

Variable Overhead Cost $15,000

Fixed Overhead cost $18,000

$505,500

The Cost of Services of HHH Inc $532,500

7 0

3 years ago

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,638. The

mina [271]

Answer:

Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax

Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94

Explanation:

4 0

3 years ago