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Thepotemich [5.8K]
2 years ago
9

what challenges might people living in a county or state with a high concentration of subprime scores be facing as a result of t

he low credit scores?
Business
1 answer:
Setler [38]2 years ago
3 0

The challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:

I. Poverty.

II. Famine and hunger.

III. Low level of healthcare.

A credit score can be defined as a numerical expression ranging 300 to 850, which typically represents an individual's financial history and credit worthiness.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a credit (money) from a potential lender and vice-versa.

In the U.S, the ratings of a credit score by FICO include the following;

  • A credit score ranging from 670 to 739 is considered to be a good credit score.
  • A credit score of 740 to 799 is better.
  • A credit score of 800 to 850 is considered to be excellent.

In this context, the challenges people living in a county or state with a high concentration of subprime scores might be facing as a result of the low credit scores are:

I. Poverty.

II. Famine and hunger.

III. Low level of healthcare.

Find more information: brainly.com/question/14379808

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Park Sung Inc. is a fictional South Korean manufacturer of refrigerators. The company produces at its manufacturing plant in Bus
Murrr4er [49]

Answer:

The answer for each requirement is given separately below.

Explanation:

What is the economic production quantity (EPQ)?

EPQ = ((Annual Requirement * setup cost *2)/Carrying cost per unit)^(1/2)

         = ((30,000 * 50 *2)/3^(1/2)

         = 1000 Units

a. What is the average inventory level for this optimum production quantity?

Average Inventory level = EPQ/2 = 500 units

b. How many production setups would there be in a year?

Production setups = Annual Usage /EPQ = 30 set ups

C. What is the optimal length of production run in days

length of production = Total Requirement/production per day

                                   = 30,000/275

                                   =110 days approx

d. What would be the savings in annual inventory Cost if setup costs can be reduced to US$40 per setup?

If set up cost reduce to $40  than EPQ = 895

So Set up cost = 30,000/ 895 * 40 = 1,360

Carrying cost = 883/2 *3                  = 1,325

Total Cost                                          = $ 2,685 -A

If set up cost  $50  than EPQ = 1000

So Set up cost = 30,000/ 1000 * 50   = 1,500

Carrying cost = 1000/2 *3                  = 1,500

Total Cost                                          = $ 3,000- B

Saving = B-A = 315 Dollars

4 0
3 years ago
8.
siniylev [52]
<span>"D. job-specific training" I believe...</span>
5 0
2 years ago
Although test marketing costs can be high, they are often small when compared with ________.
Mkey [24]

Although test marketing costs can be high, they are often small when compared with the costs of a major mistake.

<h3>What is meant by test marketing?</h3>

Before a larger release, a product or marketing campaign is made accessible on a restricted basis to test markets with the intention of examining consumer reaction. It's crucial to keep in mind that customers who have been exposed to the product or campaign can unknowingly be a part of a test group.

Standard test markets, controlled test markets, and simulated test markets are the three different types of test markets. The main users of test markets are marketers of consumer packaged goods. Products supplied in packets that people use practically daily are referred to as consumer packaged goods (CPG).

Even while test marketing expenses can be considerable, they are frequently insignificant when weighed against the price of a significant error.

To learn more about test marketing refers to:

brainly.com/question/14683245

#SPJ4

5 0
2 years ago
A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to
mamaluj [8]

Answer:

Explanation:

Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.

For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.

Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.

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3 years ago
What is the correct order that the four parts of a cover letter should appear in? a. Introduction, Heading, Argument, Closing b.
NemiM [27]
I’m thinking (a., because im pretty sure you need to have the heading before make an argument.
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2 years ago
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