Ask question

Ask question

All categories

3 years ago

13

What is true of someone with a low credit score I they probably make payments on time II they may not be able to rent the apartm

ent they want. III. They are more likely to miss a payment than someone with a high credit score

1 answer:

GaryK [48]3 years ago

8 0

I think it is II, it isn't one.

You might be interested in

You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifical

Alex777 [14]

Answer:

a. The Debit column is correctly stated.

b. The Credit column is understated by $17,300 ($8,650 * 2).

c. The Automobiles account balance is correctly stated in the trial balance.

d. The Accounts Payable account balance is understated in the trial balance by $17,300 ($8,650 * 2).

e. If the Debit column total of the trial balance is $200,000 before correcting the error, the total of the Credit column before correction is $182,700.

Explanation:

This mistake is an Error of Commission. It is a problem of arithmetical accuracy, for example, posting to the wrong side of one ledger account. In this case, the Accounts Payable should have been credited with the amount of $8,650. As an arithmetic error, it can only be corrected by doubling the affected amount on the Credit side of the Accounts Payable account.

3 0

3 years ago

Unemployment rates tend to be highest during periods of: Select one: a. recession. b. expansion. c. recovery. d. stagflation.

Contact [7]

Answer:

a. recession.

Explanation:

hope it helped

3 0

2 years ago

What are the benefits of organizing your thoughts before you begin to speak?

mixas84 [53]

Sometimes when speaking, your thoughts get very jumbled, if you're at all like me. Organizing your thoughts can well, organize your thoughts! :)

7 0

3 years ago

Read 2 more answers

Economists who criticize trade adjustment assistance argue that: macroeconomics

Arlecino [84]

<span>Economists who criticize trade adjustment assistance argue that macroeconomics is just apprehensive with the large scale. It is just undertaking the issues with regards to national performance and interest rates. Macroeconomics focuses on the general economic factors of the whole economies.</span>

3 0

3 years ago

Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st

olga2289 [7]

Answer:

Cost of goods sold is $9,620

Explanation:

<em>First step prepare the Cost of Goods Manufactured Account</em>

Direct materials $ 9,100

Direct labor $ 2,800

Manufacturing overhead applied $ 4,800

Total Manufacturing Costs $16,700

Add Opening Work In Process $ 5,800

Less Closing Work In Process $ 0

Cost of Goods Manufactured $22,500

<em>Next we need to calculate the cost of goods sold as follows :</em>

Opening Finished Goods Inventory $0

Add Cost of Goods Manufactured $22,500

Less Closing Finished Goods Inventory ($12,500)

Cost of goods sold $10,000

Less Over-applied Overheads ($380)

Adjusted Cost of goods sold $9,620

Finished Goods Inventory = $22,500 × 100/180

= $12,500

Thus Cost of goods sold is $9,620

4 0

3 years ago