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2 years ago

Which best describes the main role of the three major credit reporting agencies?.

Business

1 answer:

kaheart [24]2 years ago

3 0

The best three main roles of major credit reporting agencies are:

Compile consumer credit
Loan information and
Provide it to lenders and businesses.

<h3>What is a credit reporting agency?</h3>

A credit reporting agency is a company that keeps track of people's and companies' credit histories. They get information from creditors and other sources, which they put into a credit report, which incorporates a credit score when it's released.

The best three main roles of major credit reporting agencies are:

Compile consumer credit
Loan information and
Provide it to lenders and businesses.

Learn more about credit reporting agencies here:

brainly.com/question/9913263

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Question Mode Multiple Choice Question Preferred stockholders: Multiple choice question. have the right to receive dividends onl

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Answer:

d. have the right to receive dividends only in the years the board of directors declares dividends.

Explanation:

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3 years ago

SpeakEasy, a U.S. software company that specializes in voice-recognition software, wishes to rapidly enter the growing technical

bulgar [2K]

Answer:

<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>

Explanation:

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3 years ago

Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa

romanna [79]

Answer:

A) retained earnings $40,000 and expenses $340,000.

Explanation:

Total Assets = Total Equity + Total Liabilities

$300,000 = Total Equity + $160,000

Total Equity = $300,000 - $160,000

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Now

Total Equity = Contributed Capital + Retained Earning

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Retained Earning = $140,000 - $100,000 = $40,000

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Retained Earning = Revenue - Expenses - Dividend paid

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$40,0000 = $380,000 - Expenses

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3 years ago

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il63 [147K]

Newspaper written by an expert

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3 years ago

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2 years ago