Why would a bank be more likely to make a loan to someone with a FICO score of 750 rather than someone with a score of 500? a) The higher the score, the greater the interest rate the lender can charge the borrower b) The closer the score to zero, the less the person owes in debt to other companies c) The higher the score, the less risk to the lender that the borrower will be past due on their payments d) None of the above
Answer:
c) The higher the score, the less risk to the lender that the borrower will be past due on their payments
Explanation:
Fair Isaac Corporation scores are used to measure the creditworthiness of a borrower. The higher the credit scores, the higher the chances of the borrower paying back what was borrowed. Credit scores are in ranges. Credit scores below 500 are rated as Poor and indicates that the borrower's chances of returning what was borrowed are very low.
Credit scores between 740-799 are rated as very good and indicate that the borrower would be prompt in the repayment of his loan.
Answer: the higher the score, the less the risk to the lender that the borrower will be past due on their payments
Explanation:
In January of 2020, Wella and Kip agreed to purchase a home at a purchase price of $546,300. They would like to hold onto as much of their savings as they can, but they have chosen to make a down payment sufficient enough to qualify for a conforming loan. What is the minimum down payment they can make to reach the conforming loan limit but still retain savings
Answer:
$35,900
Explanation:
The computation of the down payment is as follows:
= Purchase price of the home - loan limit
= $546,300 - $510,400
= $35,900
Hence, the minimum down payment they can make to reach the conforming loan limit but still retain savings is $35,900
The same is to be considered by applying the above formula
Sung owns a plumbing supply store. One of his clients, Village Plumbers, has a charge account with his store. This month Village Plumbers charged 200 feet of pipe at $0.40 per foot, 150 elbow joints at $0.75 per elbow joint, and 36 outdoor faucets at $2.49 per faucet. Sung must charge 5.5% sales tax on all items sold? What is the balance on Village Plumbers’ charge account?
Answer:
$297.66
Explanation:
The total costs of the items would be
200 feet pipe : 200 x $0.40 = $80.00
150 elbow joints: 150 x $0.75 = $112.50
36 outdoor faucets: 36 x $2.49 =$ 89.64
Total cost =$282.14
add 5.5% tax
=5.5/100 x $282.14 =$15.52
Total $297.66
The balance on Village Plumbers’ charge account =$297.66
Bill purchased 2,000 shares of stock for $22 per share. He sold them for $33. Express his capital gain to the nearest tenth of a percent.
Answer:
50%
Explanation:
capital gain is the difference between the selling price and the buying price
Purchase price = 2,000 x 22 =$44,000
Selling price =2,000 x 33 =$66,000
capital gain = $22,000
Gain as a percentage
= $22,000/44,000 x 100
=0.5 x 100
=50%
Gross domestic product measures Group of answer choices the value of all output in the economy. the total income of everyone in the economy. the total spending of everyone in the economy. all of the above
Answer:
the value of all output in the economy.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
services not rendered to oneself
Activities not reported to the government
illegal activities
sale or purchase of used products
sale or purchase of intermediate products
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
What are the eight differences between personal selling (direct contact) and non-personal selling (indirect contact, such as Internet sales)?
Answer:
see below
Explanation:
Personal selling is popularly known as a face to face selling or direct selling. In personal selling, the salesperson engages a potential customer in a conversation to persuade them to buy. This type of selling requires the physical presence of a salesperson engaging in a one-on-one conversation with the clients. Its success largely depends on the selling skills of the salesperson.
Non-personal selling is the use of advertisements to persuade customers to buy. There is no direct meeting between the seller and buyer; hence the term indirect, impersonal, or non-personal selling. Non-personal selling uses print media, broadcast media, and digital platforms to reach out to customers.
Question 6
In which of the following lists of mixed economies does the free market system dominate?
CubaGreece, China, United States
North Korea, France, South Africa
United States United Kingdom, Singapore, Canada
Russia, Peru, France, Canada
Answer:
United States United Kingdom, Singapore, Canada
Explanation:
The free market system is an economic model where demand and supply forces determine production. The government does not interfere with economic transactions in the country. In the free market economy, the factors of production are in the hands of the private sector.
Free-market economies contrast with command economies where the government owns and controls production the factors of production. China, Russia, North Korea, and Cuba are countries with command economic model.
A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to deposit $50,000 in the bank as checkable deposits, the balance sheet will be ______. Multiple choice question.
Answer:
$100,000
Explanation:
A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to deposit $50,000 in the bank as check able deposits, balance sheet will be
Assets - cash = $ 60,000, property assets= $90,000, liabilities and net worth - check able deposits= $50,000 and stock shares= $100,000.
Please Help!!!!!!!!!!!!! Watch the Video and Answer the Question!
Briefly describe in your own words the history of Capitalism and Socialism. How and where did each of these systems start? Describe how each system works. Use evidence from the video to support your answer.
Capitalism and Socialism: Crash Course World History #33:
Answer:
WHAT VIDEO
Explanation:
Answer:
uhm there is no video lol send a link and maybe i can help! :)
Explanation:
explain the relationship among job, employment and education with examples
Answer:
If you go to school it help you learn things for life when your out for the real world where you have to get you a job.
Explanation:
What is resouces??.?
Answer:
resources are a type of knowledge used in the mind and/or brain. basically gathering information from sites, text, stories, books, etc.
Explanation:
What is a major goal of ecotourism
Answer:
One of the main goals of ecotourism is to increase the awareness tourists have about the social conditions surrounding a travel destination. Such conditions as poverty are often hidden from tourists. Ecotourism aims to expose tourists to the realities of social and economic climates in an area.
Hope this helped! Good luck!! :)
Explanation:
Answer:
a major goal is to create experiences that benefit everyone equally, not just the tourist and stakeholders.
Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can be self-employed. Which careers have the highest and lowest self-employment rates?
Insurance sales has the highest rates, and tax preparation has the lowest rates.
Personal financial advising has the highest rates, and investment fund management has the lowest rates.
Investment fund management has the highest rates, and insurance sales has the lowest rates.
Tax preparation has the highest rates, and personal financial advising has the lowest rates.
Answer:
Its B got it right on the test
Explanation:
The careers that have the highest and lowest employment rates are the personal financial advising a the has the investment fund management. Hence the option B is correct.
Want is an insurance sale?An insurance sale is a type of sale that is done by the salesman who is an employee of the insurance company and his job is to advise to sell the insurance policies and thus is responsible for the point of financial advisory. It is thus necessary to rely on the advice of the salesman.
Find out more information about the insurance sales:
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Suppose hockey skates sell in Canada for 135 Canadian dollars, and 1 Canadian dollar equals 1.004 U.S. Dollar. If purchasing power parity (PPP) holds, what is the price of hockey skates in the United States?
Answer:
$135.54
Explanation:
Calculation for the price of hockey skates in the United States
Using this formula
Price of hockey skates=Hockey skates sale × Spot rate Ph
Let plug in the formula
Price of hockey skates= 135.00 × $1.004Ph
Price of hockey skates=$135.54
Therefore the price of hockey skates in the United States is $135.54
What nose ring? Should I use
a studddddd cause they look the best.
On July 1, 2016, the Olympic Company had an accounts receivable balance of $40,000. During the month, the company made additional sales of $30,000 on account and collected $48,000. On July 31, the accounts receivable balance is:
Answer:
$22,000
Explanation:
Calculation for the accounts receivable balance
Using this formula
July 31 Accounts receivable balance=Opening Balance of Account Receivables + Credit Sales made – Cash Collection
Let plug in the formula
July 31 Accounts receivable balance=$40,000+$30,000-$48,000
July 31 Accounts receivable balance=$22,000
Therefore July 31 Accounts receivable balance is $22,000
Apps LLC enters into a contract with Birk, the chief executive officer of Corporate Sales Inc., to create an app for the firm. To fulfill the contract, Apps hires Dave as a student intern. With respect to the app contract, Dave is
Answer:
D. an incidental beneficiary.
Explanation:
These are the options for the question
A. an intended beneficiary.
B. a promisee.
C. a promisor.
D. an incidental beneficiary.
From the question we are informed about Apps LLC who enters into a contract with Birk, the chief executive officer of Corporate Sales Inc., to create an app for the firm. To fulfill the contract, Apps hires Dave as a student intern. In this case With respect to the app contract, Dave is an incidental beneficiary. A contract can be regarded as an agreement that exist between two parties and It is legally back up. An incidental beneficiary from this contract can be regarded as the third party that just get some benefits from a contract that exist between two other parties in an agreement, even though the benefits the third part gets is not intended to get it, and there is no legal right for the third party as far as the contract is concerned.
The output effect means that a firm will ______. Multiple choice question. sell more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase less of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input rises and less of that particular input when the price of the other input rises
Answer: Purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises
Explanation:
The Output effect is meant to explain what happens when the price of an input changes. If an input price increases for instance, production costs will rise and the company will have to buy less of other inputs to keep costs stable.
Conversely, if the price of other inputs fall, the company will see production costs fall which will enable them to purchase more of inputs which didn't change in price.
Lavonda’s very wealthy grandmother recently died. After her death, everything she owned totaled $1,000,000. However, her family was only given $700,000. What MOST likely happened to the other $300,000?
It was used to cover income taxes.
It was used to cover sales taxes.
It was used to cover excise taxes.
It was used to cover estate taxes.
Answer: wrong it is estate taxes
Explanation:
The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.
What is the meaning of Estate taxes?Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.
According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.
Therefore, the taxable estate to be included is $300,000. Thus last option is correct.
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Which government agency oversees the Bureau of Consumer Protection?
Federal Deposit Insurance Corporation
Federal Trade Commission
National Credit Union Administration
Office of the Comptroller of the Currency
Answer:
Federal Trade Commission
Explanation:
The Federal Trade Commission was established in 1941 by the Federal trade commissions Act. Its mandate is the enforce laws that prohibit anti-competitive business activities and protect consumers from deceptive and unfair trade practices. The commission seeks to have better customer decisions by promoting consumer awareness on fair business competitive processes.
FTC also seeks to protect consumers from misleading or false business advertisements. It investigates consumer complaints and prosecutes traders believed to have broken the law.
During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate will ________ and the labor force participation rate will ________. Group of answer choices
Incomplete question. I answered from a general economic standpoint.
Answer:
stay the same; decrease
Explanation:
Remember, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not unemployed. This, therefore, implies that the unemployment rate will stay the same.
The labor force participation rate in simple words refers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because they may perceive they''ll earn less.
Net present value is the difference between the: present value of future net income and the capital investment. future cash inflows and the capital investment. future cash inflows and the present value of the capital investment. present value of future net cash flows and the capital investment.
Answer:
A. present value of future net income and the capital investment.
Explanation:
Net present value is the difference between the present value of future net income and the capital investment.
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.
Which aspect of organizing Is concerned with dividing a large task Into smaller tasks and assigning the tasks to the right employees? __________, which is an important part of the organizing function, Includes dividing a large task Into smaller tasks and assigning the same to the right employees.
Answer:
i think its division of labor but im not sure
Explanation:
its right on edmentum/plato i just took the test
Answer:
division of labor
Explanation:
plato answer
On January 1, 2019, Wasson Company purchased a delivery vehicle costing $45,200. The vehicle has an estimated 7-year life and a $3,900 residual value. What is the vehicle's book value as of December 31, 2020, assuming Wasson uses the straight-line depreciation method
Answer: $33,400
Explanation:
The annual depreciation using the straight-line method is;
= (Cost - Residual value) / Useful life
= (45,200 - 3,900) / 7
= $5,900
On December 31, 2020, the vehicle would have depreciated by 2 years so the book value would be;
= Cost - Accumulated depreciation
= 45,200 - (5,900 + 5,900)
= $33,400
Which Energy career pathways work with renewable energy? Check all that apply.
O Energy Conversion
O Energy Generation
O Energy Analysis
O Energy Transmission
O Energy Distribution
Answer:
Energy Generation, Energy Transmission, & Energy Distribution
Explanation: I think this is correct
Provide 10%interest on capital value rs 2 lakh
Answer:
show time at first there
A plan for a career starting in two years:
a) Will give you less opportunities than a career starting right away
b) Means that no plans or training are necessary, since the goal is two years away
c) Cannot benefit from talking to a counselor or consulting a book
d) Will give you more opportunities than a career starting right away
It’s on knowledge matters for my business class !
Answer:a) Will give you less opportunities than a career starting right away
wrong
Explanation:
A plan for a career starting in two years d) Will give you more opportunities than a career starting right away.
How can this career give more opportunities ?Choosing a plan for a career starting in two years can potentially provide more opportunities compared to starting a career right away. Taking the time to plan for a career starting in two years allows for more preparation, skill development, and networking opportunities, which can ultimately lead to a wider range of career options.
You will have more time to research your options and find the right career for you. You will have more time to gain the necessary skills and experience. You will have more time to network with people in your field and build relationships.
In conclusion, option D is correct.
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PLZ HELP!!!
Alison knows e-mail is an important form of communication when seeking employment. She is going to create an e-mail account for her job search communications. Which of the following e-mail addresses would be most appropriate for Alison to use?
a.
stud_ali
b.
blueeyedqt
c.
rebelprince86
d.
alison.s
Answer:
d. alison.s
Explanation:
It's the most simple and professional. rebelprince86 is to funky. stud_ali is more for a student. and blueeyedqt has nothing to do with her. Brainliest Please!!!
- Hermionia
For the purpose of starting her professional career, Alison must use a simple and professional email address like “alison.s”.
What is an email address?E-mail or electronic mail address is the virtual user destination that ensures and enables communication to and from such user who has access to the email address as such.
For the purpose of employment application, Alison must use a simple and professional email address.
Hence, option D; Alison must use the email address like alison.s, as this will be the most appropriate one to be used.
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what happens if a roller coaster was in space
Answer:
Before we proceed any further with the analysis of what forces a person experiences on a roller coaster, we will assume that the roller coaster car does not experience any friction or air resistance. With that in mind, there will be two forces that act upon the roller coaster car: the FORCE OF GRAVITY ( FGRAV) and the Normal Force ( FNORMAL ).
Explanation:
Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting
Answer:
4,750
Explanation:
Calculation for How many additional votes are required to guarantee a seat on the board
First step is to Calculate for STRAIGHT VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/2)+1)
Let plug in the formula
Additional Votes=((28,500/2)+1)
Additional Votes=14,251
Second step is to calculate for CUMULATIVE VOTING
Using this formula
Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)
Let plug in the formula
Additional Votes=((28,500/(2 +1))+1)
Additional Votes=9,501
Last step is to calculate How many additional votes are required
Using this formula
Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes
Let plug in the formula
Additional votes = 14,251-9,501
Additional votes = 4,750
Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750