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2 years ago

Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear?

Business

1 answer:

Bas_tet [7]2 years ago

3 0

Answer:

Lenders don't like risk because it can lose them money, so they're cautious on who they're lending to. They do this by checking people's credit history. They prefer people who have longer credit history even with a few blemishes that are corrected rather than lending to people who have a short clear history mainly because they have little to no experience and can be unpredictable what they may do.

Explanation:

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Who is the current CEO of Space X

sergiy2304 [10]

Answer:

Elon Musk is the current CEO of Space X

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3 years ago

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The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profi

GenaCL600 [577]

The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit?

Answer: Since there are no options to select from I will mention the most important key factors that should be taken into consideration when you are growing organic vegetables. The field site selection is one. Field topography and finally management of soil in selection and quantity.

I hope it helps, Regards.

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3 years ago

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Clear Colors Corporation uses a predetermined overhead rate based on direct labor costs to apply manufacturing overhead to jobs.

belka [17]

Answer:

b. $ 2,000 overapplied

Explanation:

Firstly, we need to determine the predetermined overhead rate based on direct labor costs.

Estimated total manufacturing Overhead $ 350,000

Estimated direct labour costs $ 200,000

Predetermined overhead rate $ 350,000 / $ 200,000 $ 1.75 per $ of direct labour costs.

The total manufacturing overhead applied on direct labor costs of $ 208,000, is:

$ 208,000 * $ 1.75  $ 364,000

Actual overhead costs incurred $ 362,000

Manufacturing overhead over applied $ 2,000

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3 years ago

The Bert Corp. and Ernie, Inc., have both announced IPOs. You place anorder for 1,100 shares of each IPO. One of the IPOs is und

Sati [7]

Answer:

The profit expected from the two IPOs is $2887.5

Explanation:

For the overpriced IPO,1100 shares would be received and since the share was overpriced by $6.25, an instant loss of $6,875 ($6.25*1100) is recorded.

For the under-priced IPO ,550 shares (1100 shares divided by 2) would be received and the immediate gain recorded is $9,762.5(550 *$17.75)

Overall the two portfolios, when taken together,give an immediate gain of $2,887.50(gain of $9,762.50 less loss of $6,875 )

This is power of portfolio diversification, that managing potential investment losses by spreading one's investment.

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3 years ago

Imagine a friend asked you what drumming is like in Africa. Explain different ways drums are used in African tribes.

Marina CMI [18]

Answer:

accompany singing, dancing, healing, mourning, as a status symbol, for entertainment and even storytelling.

Explanation:

done hope it help's and if it does can you make me the brainlesst please:)

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2 years ago

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