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3 years ago

A lender checking Jason's credit score for an auto loan would likely notice that...

1 answer:

3 0

When a lender checks the credit score of Jason for an auto loan, they would most likely notice that b. He paid off a car loan after making every payment for 4 years.

Lenders checking credit scores:

Usually pay more attention to related loans
Only bother with the credit score of the person in question not their relatives

The loan is for a car or an automobile of some sort so the lender will be looking for related loans in Jason's history. They will therefore most likely notice the car loan that was paid off.

In conclusion, a lender for an auto loan will most likely notice an auto loan history.

Options for this question include:

a. His savings account has more than $3000 in it

b. He paid off a car loan after making every payment for 4 years

c. When he stopped paying his credit card for 3 months 9 years ago

d. The credit scores of his family, including his parents and his wife if he is married

Find out more at brainly.com/question/14805575.

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Future economic trends are not influenced by economic theories. True or false?

nikklg [1K]

That statement is false.
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3 years ago

On January 1, 2016, Phoenix Co. acquired 100 percent of the outstanding voting shares of Sedona Inc. for $784,000 cash. At Janua

stiv31 [10]

Answer:

a) Consolidated net income for Phoenix and Sedona for 2018

Phoenix revenues $648,000

-Phoenix expenses ($412,000)

Phoenix Net Income $236,000

2018 Income from Sedona $54,075

Consolidated net income for $290,075

Phoenix and Sedona for 2018

b) Phoenix’s consolidated retained earnings balance at December 31, 2018

Phoenix’s consolidated retained earnings balance at December 31, 2018 = $347,075.00 (same as Phoenix because of equity method use)

c) What amount should Phoenix report for Sedona’s customer list?

Consideration transferred at fair value $784,000

Book value acquired ($548,800)

Excess fair over book value $235,200

To Equipment $95,000

To customer list (4 year life) $140,200

Three years since acquisition of customer list = $140,200/4 years = $35,050. Hence, Phoenix report $35,050 as Sedona’s customer list.

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3 years ago

A local bank’s advertising reads: "Give us $45,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve

m_a_m_a [10]

Answer:

1.78%

Explanation:

The computation of the annual interest rate earn is shown below:

= Every year payment ÷ Present value × 100

= $800 ÷ $45,000 × 100

= 1.78%

We simply divide the every year payment by the present value so that the correct annual interest rate can come

So, we consider all the information which is given in the question

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3 years ago

Sonya is considering launching a daycare center in her community and uses information from the U.S. Census Bureau to determine t

Angelina_Jolie [31]

Answer: Secondary research

Explanation: In simple words, secondary research refers to analyzing an existing research done by some other party for the benefit of oneself.

In the given case, Sonya is planning to start a day center and for the objective of analyzing the market and the potential customers she used the data from the research that is conducted by the US census bureau.

Hence from the above we can conclude that Sonya is using secondary research.

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4 years ago

Betty Brown is currently developing a mission statement for her boutique. In what stage of growth is Betty's business?

soldi70 [24.7K]

I believe the answer is either C or d

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3 years ago

Read 2 more answers